Evan Vucci / AP, NurPhoto Getty Images
Since 1984, the stock market position predicts the winner of any of the U.S. presidential election, according to Ryan Detrick, senior stock strateman at LPL Financial.
And going back to 1928, the S-P 500 predicted the winner 87% of the time.
Track the movements of market position charges 3 months before the election.
“When the S-P 500 agreed with the three months leading up to the election, the outgoing party won, while when stocks fell, the outgoing party lost,” Detrick said in a note published Monday.
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In 2016, very few expected Trump to surpass Hillary Clinton, the stock market.
The 3 elections in which the stoc maret mistakenly predicted the winner of the presidential election were:
Investors affected by presidential policy closely observed the stock market position in the 3 months leading up to the November 3 election.
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LPL Financial
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