Stat of the Day
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Started by joj - June 13, 2022, 1:29 p.m.

Since 1939 there have been 20 midterm elections.

From Election Day to the following June the market has been up every time.

Might be a good time to back up the truck!

(or is this time different?)

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By WxFollower - June 13, 2022, 1:48 p.m.
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joj said: "Since 1939 there have been 20 midterm elections.

From Election Day to the following June the market has been up every time."

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Hey joj,

 Interesting.

 1. Are you talking about the Dow? At what point in June?

 2. What was the average gain for those 20 years?

 3. Do you know what % of the time since 1939 it was up from Election Day (or the first Tue in Nov if no election day) to the following June in the other 63 or so years? I ask this because the market has a tendency to rise from Nov through around May in general. I know it isn't anywhere near 100% but I suspect it is over (any probably well over) 50%.

 4. What was the average gain during that same period for the other 63 years?

By joj - June 13, 2022, 3:56 p.m.
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Wx - It was reported on CNBC by one analyst.  No details given.