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08/20/2018 Live Update

QED
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Joined: Wed Feb 11, 2015 2:04 pm

Re: 08/20/2018 Live Update

Post by QED »

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Seasonal influences are particularly relevant during U.S. Mid-term election years. Volatility in equity markets increases from late April to mid-October due to concerns about a possible change in political control in Congress. These concerns are very real this year. Republicans control the House by 16 votes and the Senate by one vote. On average during a Mid-term election year, the controlling party loses 24 House seats to the opposition party. Anticipation of a possible change, regardless of the final result, is a major reason for a correction in North American equity markets between mid-July and October. Note that the largest drop during a mid-term election year is from mid-August to the end of September.

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http://www.timingthemarket.ca/techtalk/ ... 20th-2018/

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Cobra
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Re: 08/20/2018 Live Update

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Cobra
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Re: 08/20/2018 Live Update

Post by Cobra »

well, guess that's it for today. Tuesday tomorrow has been bull friendly. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
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