The Chart of the Day observes “the stock market has a tendency to be somewhat choppy during the first five months of an election year, but prospects tended to improve (on average) as the November election approached.

Average Election Year (Dow / 1897 – Present)
election_year_rally

Source: Chart of the Day, Pinnacle Data

We agree. This potential June – November rally is very consistent with our “Market Reversal” thesis of late.

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