I'm so tired of this partisan bullshit. Obama gets elected? You get screwed. McCain gets elected? You get screwed in a different way. If the market rallies, it won't be because Obama or McCain saved it, and it probably won't last long in any case. Neither candidate is coming in on a white horse to rescue your ass. Both parties represent the same basic interests. Both will milk you dry, giving half your money to non-producing bums and the other half to the non-needy rich. If any candidate actually intended to "change" any of this, you would hardly have heard of him, because he would have been marginalized before he got off the ground. If you believe that either candidate is the second coming, get ready to be disappointed in about a year or less.
market should love a democratic president. clinton was president and we had a giant bull market. once a new bull market under way under obama's watch, keep your money in equities till his second term is over. then everything will turn to sh*t again
The market should love a democratic president, because clinton was a democrat and we had a bull market under clinton? Really? It makes perfect sense.
Some evidence against the "obama rally": if you look at intrade.com, their rising odds of an Obama-Biden victory correspond with the stock market going lower.
I am long a tick above the exact low of this move. The post was made many hours before equities opened. <a href="http://imageshack.us"><img src="http://img259.imageshack.us/img259/6459/obamarallyju0.png" border="0" alt="Image Hosted by ImageShack.us"/></a> When you are able to make these sniper trades, come back and we will discuss the market. In the meantime, don't hate. Enjoy the free " Elite" market calls, and the Feds money.
US equity markets are about to make a violent move to the upside. If you are short US stocks, good luck. Note the date and time of "The official Obama rally Thread". Posted right at the the low of the entire move.
This was in 2005, so it doesn't include what has happened in the past few years which would only make the difference greater: Using the Dow Jones industrial average as the benchmark, Stock Trader's Almanac shows a $10,000 investment compounded during Democratic presidencies since 1901 would be worth $279,705 after 48 years. The same $10,000 investment during 56 Republican years would have been worth just $78,699. http://www.usatoday.com/money/perfi/columnist/krantz/2005-12-02-presidents_x.htm