Tuesday, September 7, 2010

Bullish Presidential Cycle

While the Sept/Oct period tends to be weak, the mid term election cycle for the President tends to be very bullish. Historically the stock market does really well during the Presidential cycle and according to Wayne Kaufman, chief market analyst at John Thomas Financial, on CNBC its usually a 50% run. That 50% would be all the way up 1,500. Much more then I'd expect, but if Obama tames his liberal agenda and becomes much more pro business I guess anything is possible.


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