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The midterm elections are over. But as far as the stock market goes, Tuesday's voting results probably don't matter much, aside from some elevated market volatility.
But there's some good news about the midterms, and it has nothing to do with which party came out on top. Historically, the six-month period following midterm elections -- from November of the midterm election year to the following April -- is the best in the four-year presidential cycle for the S&P 500 (SNPINDEX: ^GSPC). That's according to the Stock Trader's Almanac, which tracks market returns closely.
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And that means this is a good time for the stock market.
The Four-Year Presidential Election Cycle Theory holds that the stock market has a relatively predictable pattern surrounding presidential terms. In the first two years of office, the new president focuses on top priorities, such as healthcare and education, and the market's performance is below average.

#market #presidential #missed
2 days ago

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