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we re taking a look at how the presidential cycle affects the stock market. is this something you closely follow scott? > >not as a trader on a day-to- day basis but if you look historically dating back probably 70-80 years, this actually does make sense. there is absolutely a pattern to how the market works during the cycle. you look at it and the year before the election and the third year into the presidential cycle have historically been the two best years of the cycle to be in the market. not only on the upside but also those are the years with the least amount of decline. that makes sense. you have the year before the president takes office, it s election time and everyone is positioning both democrats and republicans what they re gonna do for the economy, what they re gonna do for taxes. it s more of a feel good issue. once they get into office things seem to calm down a bit. in fact, the first and second years after the president being in office are historically two o
New-yorkUnited-statesBostonMassachusettsBaghdadIraqChicagoIllinoisAmericansAmericaJames-crosbyBen-affleck quarter rose at its fastest pace in 3 and a half years.and in another split, new home starts fell in december but, were up for all of 2013.all of this resulted in, well, a split close in the markets. the dow closed up on friday while the nasdaq and s&p 500 finished lower.gold took a 13 dollar an ounce leap and oil futures closed friday at a 2 week high, just over 94 dollars.traders are still digesting the impact of the president s announcement that he will limit the vast sucking up of data of our phone calls. intel is cutting jobs.the pc maker says it will fire 5% of its workforce as it transitions into new markets amid a slowing pc market. and freedom industries, the company that fouled the water supply in charlston west virginia.also still it has filed for bankruptcy. the chapter 11 filing estimates the company s debts to be around 10 million dollars. the chemical spill caused 300- thousand people to be without water for several days. let s find out now what this holiday sh
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