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QQQE - Stock Market Investors: Don't Worry About The Election
Direxion NASDAQ-100 Equal Weighted Index Shares
Many investors are worried about the election's effect on the stock market, most often through a Biden victory leading to actual - or feared - measures that would clobber corporations.
There is truth in the assertion that the market likes Republican victories, but the magnitude is pretty small: a 4.5% price swing over 30 days.
The market gained an average of 45.9% with Democratic presidents compared to 19.1% under Republicans (measured from election day to election day, with recent closing used for the Trump term of office).