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2012 Election
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2012 Election

  #111 (permalink)
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Source: http://www.mrtopstep.com/djia-voting-for-obama-election-year-winning-track-good-...-hirsch-mts-contributor/


Quoting 
$DJIA Voting For Obama: Election Year Winning Track Good For More Gains & Obama Re-Election Odds Better Than You Think – Jeffrey Hirsch MTS contributor

By Jeffrey A. Hirsch

Now that the post-convention polls are in it appears that President Obama garnered a bigger bounce than Republican challenger Mitt Romney. However, the stock market, namely the Dow Jones Industrial Average may already be voting for President Obama. As you can see in the chart below, 2012 is on the track of DJIA performances during years when incumbent parties won reelection. Since the stock market has done better in years when incumbent parties won, this is an indication that the year will likely hold on to the gains so far and potentially tack on more.

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A closer look at the last five election years when sitting presidents were running for reelection provides some deeper perspective. Since 1901 these 19 years have averaged gains of 9% with only two nasty losses greater than 5% in 1932 (Depression) and 1940 (WWII).

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Ironically, the worst performing year of these last five election years when sitting presidents were running occurred during Reagan’s landslide reelection in 1984. 1984 was also the only losing year for the DJIA in the last nine that had a sitting president running. When Carter lost his reelection bid in 1980 the DJIA gained 14.9% on the year, but was down 9.5% at the April bear market bottom.

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DJIA barely dipped into negative territory for 2012 for three days in early June and is pushing through resistance and at new recovery highs. This action is prototypical for years when presidents achieve reelection. While we may suffer the usual end-of –September pullback, the market is poised to hold on to – and add to – the year’s gains.

Jeffrey A. Hirsch is Chief Market Strategist, Magnet Æ Fund, Editor-in-Chief of the Stock Trader’s Almanac, co-author of the Commodity Trader’s Almanac, editor of the Almanac Investor Newsletter, and author of Super Boom: Why the Dow Will Hit 38,820 and How You Can Profit From It and just-released The Little Book of Stock Market Cycles.

Mike

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  #112 (permalink)
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Source: Polling Center: CNN Poll: Are you better off today than four years ago? - Elections & Politics from CNN.com

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Mike

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  #113 (permalink)
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Mike

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  #114 (permalink)
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My own opinion is that this is all a hoax, Romney's candidacy that is... this is just a chance for the public to tear a Wall Street banker off his pedestal, to feel avenged, while the real government goes on with their agenda. I mean come on, was there no other candidate out there for the Republicans to choose from than a banker, four years after the bailout. Seriously, I can't help but feel this is a setup and sham...

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  #115 (permalink)
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syxforex View Post
My own opinion is that this is all a hoax, Romney's candidacy that is... this is just a chance for the public to tear a Wall Street banker off his pedestal, to feel avenged, while the real government goes on with their agenda. I mean come on, was there no other candidate out there for the Republicans to choose from than a banker, four years after the bailout. Seriously, I can't help but feel this is a setup and sham...

Of course there were other candidates. What the people want doesn't matter, its what corporations and rich people want that matters. They certainly don't want someone like Ron Paul, so the MSM basically ignored his very existence.

Romney is a sure thing for them, he will do whatever he is told and rollover, fetch on command. So now we just sit back and watch their money go to work to elect him.

Mike

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  #116 (permalink)
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Big Mike View Post
........ So now we just sit back and watch their money go to work .............

Mike


How much money? I was amazed. 13,000 people are running for office in November,
9.8 Billion dollars will be spent on media.

I can't figure out how to embed this, but here it is.


How Much Political Ad Spending Can We Expect?: Video - Bloomberg

 
  #117 (permalink)
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How much is that in debt clock time?

 
  #118 (permalink)
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Ya, Ron Paul had my vote for sure. If the tax code could be burned so that the rich may not hide and cheat, so that a flat tax could be imposed where all pay the same proportionate level of tax, so that the rule of lawyers and accountants could end and society where creators, builders and innovators would become the ruling class, maybe this ship could be turned around. Do a Greece, declare bankruptcy. Put the walls up and F the World. America has what they all want. Space, resources, freedom.... could have been a plan, I'd vote for it..


Big Mike View Post
Of course there were other candidates. What the people want doesn't matter, its what corporations and rich people want that matters. They certainly don't want someone like Ron Paul, so the MSM basically ignored his very existence.

Romney is a sure thing for them, he will do whatever he is told and rollover, fetch on command. So now we just sit back and watch their money go to work to elect him.

Mike


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  #119 (permalink)
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Th Federal Reserve and Ben casted their vote today. Obama will be re elected.

Wonder how far off QE 4 will be....scary stuff.


Trader

 
  #120 (permalink)
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Family Trader View Post
Th Federal Reserve and Ben casted their vote today. Obama will be re elected.

Wonder how far off QE 4 will be....scary stuff.


Trader

There's a pretty good argument out there that since QE doesn't create jobs and tends to put upwards pressure on the pricing of everything, it'll end up hurting consumers, whose vote that would sway. Then again, prices are already high, the election is right around the corner and at the least, the stock market is going to be propped up, barring some additional global issues.

I think that if the Republicans, over the last two years, had presented some bills to fix the tax code, downsize the IRS, make government more efficient and create ongoing FOCUSED (looked at the stats on the amount of money that ended up for the 'shovel ready' projects?) and efficient infrastructure projects, along with doing nothing but emphasizing job creation, they would have had a shot in this election. As it is, they have to pray for more bad jobs numbers and consider pushing us towards 'the fiscal cliff' if they get desperate enough. Maybe the electoral college factor could work for them.

I'm voting Libertarian for President but still need to research my House and Senate votes; that is a tough one for me as I think the whole system is broken (it doesn't do anywhere near the best for the most amount of people in the long run.)

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