Historically, the Presidential election cycle has provided good guidance as to the lows and highs of market rallies.
Stock Market During Presidential Election Years
Source: Pinnacle Data, Chart of the Day
As we mentioned in September 2002, the period leading up to the mid-term election is often the low market point in a President’s term; Similarly, market peaks often happen in years when there is a Presidential election.
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Quote: “October. This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February.”
–Mark Twain
