5 Things to Know about the Market | Trappin Tuesday's (Wallstreet Trapper)
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 • 2K Ratings
🗓️ 21 October 2022
⏱️ 11 minutes
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| 0:00.0 | All right, so let's get into this right quick. |
| 0:01.0 | Here's five things that I want you to understand in this market. |
| 0:14.0 | I want you to understand the rate hike in November. I want you to pay attention to that. I think we'll get 50. I don't think we'll get 75. I think we'll get 50. |
| 0:22.0 | Right, I don't think we'll get 75. I think we'll get 50. I don't think we'll get 75 I think we'll get 50. I want you to |
| 0:26.0 | understand that the midterm election is important. I want you to understand that the midterm election is important. Here's why. In 2018, stocks drop by 6.2% during the midterm election. |
| 0:40.0 | Right? The second year after a presidential term, right, |
| 0:44.7 | follows a predictable pattern. |
| 0:47.1 | The average stock returns in the second year |
| 0:50.1 | of a presidential return during the second and third quarter the stock usually dips. |
| 0:54.8 | The stock market usually dips. |
| 0:56.6 | So during that second term, during that second term, that second, I won't say term, the second, like, the second year of the presidential term. |
| 1:09.5 | So this is the second year, so usually that second year, the market usually has a decline in and a dip in it. |
| 1:15.6 | And usually that second third quarter, that second year are the most harshest quarters, |
| 1:19.8 | followed by a rebound the first quarter of the next year. |
| 1:23.5 | That's just history, right? |
| 1:25.0 | That's 68% of the time. |
| 1:27.0 | The stock market usually sells off during midterm elections. |
| 1:31.2 | Historically, it sells off during midterm elections. Historically, it sells off during midterm elections and then, you know, after it |
| 1:36.6 | bounce back. |
| 1:37.6 | So the only thing I'm saying right here is we're looking at the midterm election is important. |
| 1:42.0 | Just historically, I like to follow the data. I like to see what the data does. |
| 1:45.0 | Data isn't always 100%, right? That is usually somewhere between 70, 68 and 80% correct? |
... |
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