Inauguration Day January 20th, Dow Jones (DJIA) past results
This is my 1st post on Steemit and thought to share some data I worked on earlier tonight on the Dow Jones performance after Inauguration Days ( January 20th) and into April 30th (100 days later).
Here's what I came up with that I found interesting:
Key Points:
Worst Inauguration day performance was with President Barack Obama's 1st term at - 4.18%
Best Inauguration day performance was with President Ronald Reagan's 2nd term at +2.70%
Worst 100 day post inauguration performance was with Richard Nixon's 2nd term at -10.21%
Best 100 day post inauguration performance was with President Barack Obama's 2nd term at +8.72% ( followed closely by George HW Bush + 7.85%).
As far as inauguration results overall, the data above shows that most of those days we are actually down slightly and for the most part after 100 days in we are up most of the time.
For those of us that have been trading for many years we realize that it is not very important what happens from day to day but I enjoy dissecting data/information to see how it can help me trade better.
For example even though President Barack Obama had the worst 1st term inauguration day performance -4.18%, that year ( in 2009) was my best trading year EVER- I started trading way back in 1985 when online brokers didn't even exist yet ( Yes I've been at this trading stuff for quite some time now).
Note: we are more likely to have a bigger market drop at some point during a Republican Presidency when (House/Senate ) are also controlled by Republicans so keep that in mind with the markets not far off all time highs (hopefully you have been locking up some profits along the way just in case).
A good read is the professor that predicted a Trump Presidency win ( and has been correct for every election since the 1980's) now predicts that Trump will be impeached at some point: https://www.washingtonpost.com/news/the-fix/wp/2016/11/11/prediction-professor-who-called-trumps-big-win-also-made-another-forecast-trump-will-be-impeached
We'll see, trade and track how the results are past January 20th, 2017 and into April 30th, 2017 (after 100 days).
Hope the information above is helpful.
I will try to post more helpful articles for those interested in the stock market.
Stockguy22
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