There are several things you can deduce about the Markets, based upon a Democratic President being in Office. According to the 2009 Stock Trader’s Almanac, market performance in post-election years have been better when the Democrats are in charge. But don't ignore what the GOP will be doing. In fact, here are some ideas that may pay off as you watch what the Republicans do:
Invest in Comfort Food: Chocolate, Ice Cream, and Peanut Butter. There will be lots of that stuff sold in the Red states…starting Friday. Buy Hershey’s, Unilever (Ben & Jerry’s), and Con-Agra Foods (Peter Pan.)
Invest in alternative power technologies: Wind, Solar, and nuclear. General Electric, certainly. Don’t discount Exxon-Mobile and Chevron-Texaco’s abilities to produce. Westinghouse Electric is also a company to watch.
Invest in tax preparation services companies, and CPA Firms. Lord knows, we’re going to need them. Intuit makes TurboTax and Quickbooks. PriceWaterhouseCoopers or Deloitte will be helpful in making sense of it all.
Insurance companies. The reason I think they’ll do well: The markets perform better when Democrats are in power. Insurance companies rely in part upon their market investments in order to operate profitably. And as the government transitions towards a more socialized healthcare system, the companies that are in the business of doing business in healthcare will come to the forefront.
That seems awfully simplistic.
Here, have another bowl of Hot Chocolate Blue Bell.