The “Wall Street” Election Poll
11/8/12 Election Poll Highlights...
- In the past week ending Wednesday, the day after the elections, the LPL Financial “Wall Street” Election Poll Index sharply reversed the move toward Republican-favored industries relative to those favored by Democrats that began following the first presidential debate.
- Our “Wall Street” Election Poll had accurately favored Democrats all year, with Democrat-favored industries outperforming by a wide margin of about 20%. In the month leading up to the election, the Republican-favored sectors finally began to outperform and erode some of the relative gains of the Democrat favored industries. The Republican-favored industries even outperformed on Election Day, as Democrat-favored industries such as Health Care Facilities and Health Care Services were the worst performing industries of the S&P 500 on Election Day. However, these Democrat-favored industries were among the best performers on the day after the election, while Republican-favored industries suffered. For example, the Republican-favored Coal and Consumable Fuels index, which had risen +26% since the first presidential debate through Election Day, fell -8% on the day after the election.
________________________________________________________________________Lincoln Savings Bank and LSB Financial are pleased to provide the above Election Poll for the week of November 8, 2012. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx
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This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. http://www.mylsb.com/
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Labels: democrat, election, election poll, Lincoln Savings Bank, LSB, LSB Financial, market performance, stocks
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