Friday, March 18, 2011
Chart of the Day
Source: http://www.chartoftheday.com/
Today's chart illustrates how the stock market has performed during the average pre-election year. Since 1900, the stock market has tended to perform well during the first seven to eight months of the average pre-election year. For the remainder of the year, pre-election performance has tended to be more flat/choppy. This pre-election year has followed the path of the average pre-election year rather closely with a rally up until mid-February and a correction into mid-March with the aftermath of the devastating Japanese earthquake and tsunami weighing heavily on the market over the past few days.
The content contained in this blog represents the opinions of Damon Coley, Nathan Aberson, and/or Aaron Aberson. Mr. Coley, Mr. Nathan Aberson, and Mr. Aaron Aberson also act as advisors and clients advised by Mr. Coley, Mr. Nathan Aberson, and Mr. Aaron Aberson may hold either long or short positions in securities of various companies discussed in the blog based upon Mr. Coley’s, Mr. Nathan Aberson’s, and Mr. Aaron Aberson’s recommendations. This commentary in no way constitutes investment advice, and should never be relied on in making an investment decision, ever. Also, this blog is not a solicitation of business by Mr. Coley, Mr. Nathan Aberson, and Mr. Aaron Aberson: all inquiries will be ignored. The content herein is intended solely for the entertainment of the reader, and the authors.
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