CHART OF THE DAY: If History Is A Guide, Then Stocks Will Surge Through The Rest Of The Year

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Like many others, Bespoke Investment Group has pointed out the correlation in the S&P 500 between this year and past election years.

The similarities continue to be extraordinary.

After correctly calling an April peak, a May/June trough, and July’s modest pullback, the pattern would suggest that the current rally could last until the end of the Summer.

chart of the day, s&p 500 average return election years, july 2012

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