Since 1982, the final two months of the year during a Midterm Election have been quite positive for stocks, including when the House changes hands.
Since 1985, the S&P 500 has had a similar three-day stretch only 5 times - a 3+ percent decline, followed by a 1.5+ percent gain, capped off by a 1.5+ percent decline - as happened last week. Here's where the market usually ends up four weeks out.
On Wednesday, October 17th, WTI Crude dropped below its 50-day moving average. Usually, that means oil will rise over the next month.
Consumer Discretionary sold off hard this month, shedding nearly 8 percent during the first two weeks of the fourth quarter. But this recent pain, could bring strong gains to end the year.
Sellers have been worried about the sharp rise in interest rates but even if rates continue to rise through October, history shows there may not be anything to be afraid of.
The midterm elections are about four weeks away. Based on history, here is what to expect from the markets this time around.
Since the beginning of the current U.S. Fed rate hike cycle, which began December 2015, the markets tend to sell off following a rate hike. Here is the sector to keep your eye on the most.
Hurricane Florence hit the Carolinas as a category 2 storm. Since 1990, five other category 2 storms made landfall in the region and within two weeks, these are the sectors that took a beating.
According to history, when the market outperforms during August, odds are in favor of an outperformance for the rest of the year too.