DJIA vs. Prior Election Outcomes

The DJIA finished Tuesday closer to an all-time closing high than on any other election day since at least 1962.  In the table below, we summarized the outcomes of each mid-term and presidential election since 1962, and calculated where the DJIA closed that day with respect to its all-time closing high.  Perhaps the most interesting aspect of this analysis is the fact that in the nine elections where the DJIA was furthest from an all-time closing high, no changes took place in terms of control of the Oval Office, Senate, or House.

Comments

[Ricardo]

Interesting, but it doesn't take into account the 3-5 month return PRIOR to the election. I bet that most, if not all prior mid-terms have seen a significant sell-off PRIOR to elections, hence paving the way for a nice bump in prices after the elections.