Trading the Election Outcome

What do we know about previous election reactions?

PRE-OPEN MARKET COMMENTS ELECTION DAY - If we take a look at the last six elections, there has been an upward bias the day after. The market has been trending higher and we are in a period of seasonal strength. Earnings releases have been good, but the reaction has been muted. I believe the market will move higher regardless of who is elected. There will be less uncertainty and we should see a relief rally. Investors know what to expect since we've seen four years of each candidate.

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