The Chart of the Day observes “the stock market has a tendency to be somewhat choppy during the first five months of an election year, but prospects tended to improve (on average) as the November election approached.
Source: Chart of the Day, Pinnacle Data
We agree. This potential June – November rally is very consistent with our “Market Reversal” thesis of late.
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Quote of the Day:
“People who can take a risk, who believe in themselves, enough to walk away [from a company], are generally people who bring about change.”
– Cynthia Danahar, Hewlett Packard’s medical Products GM