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One milestone just convinced Art Cashin of an Election Day landslide

Posted by Farmboy @ 18:55 on August 16, 2016  

It’s uncommon for stocks to hit new highs in August, but when they do so during a presidential election year, the contest has been a blowout since 1950.

The last four times the S&P 500 has hit a new high in August during an election year, the victor won in a landslide. That insight comes from Art Cashin, director of floor operations at the New York Stock Exchange for UBS, and was confirmed by CNBC.”

http://www.cnbc.com/2016/08/16/one-milestone-just-convinced-art-cashin-of-an-election-day-landslide.html

Comment: We know Hillary is going to spend hundreds of millions in TV adds spending George Soro’s money like no tomorrow. But she cant run from the cameras during the debates. Lets hope Trump & Team are geared up and ready to strike. Something tells me they will be explosive as Trump dumps the dirt on Hillary toe to toe.

 

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.