Ep 146: Jeff Hirsch: Using The Stock Trader’s Almanac To Guide Decisions
Investing With IBD
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The Midterm Election Year Seasonal Pattern
This is why we call the midterm year, the bottom pickers paradise. You see an average of about a 48% gain on the da from the mid-term low whenever it occurs to the pre election year high. Our forecast for this year, just so I don't mess it up, our base case scenario, 65% probability, S&P and Dow, five to 10%, NASDAQ a little bit weaker. We're looking at a mild bear, 10 to 10 to 20%, but that's only a 10% probability for us.
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