Throughout the election process I have heard several reporters say that the stock market favored Senator Barack Obama for President. 

Why so?  Well, it’s pretty simple.  It had nothing to do with his experience, qualification or policy proposals.  President-elect Obama earned the market’s favor because when markets are down in the few months leading up to an election, a change in party typically comes to the White House.
I found this quite interesting since I googled “stock market obama” and most of what I saw blamed him for the market’s demise.  Here’s just a sample of the headlines: Is Obama Depressing the Market?…Is Obama Dragging Down Stock Prices?…President Obama and the Coming …read more

The most terrible days on the market are referred to as Black Monday and Black Thursday.  In accounting and finance, “in the black” is a good thing.  So, for me this label is a bit counterintuitive.  After all, the biggest shopping day of the year is called Black Friday because huge sales on this day push many retailers from the red (losses) into the black (profits).
I think red is more fitting and right now we are approaching the middle of what I will call Red October.
Historically speaking, October is a pretty tough month for stocks.  The two largest crashes on record both occured in October.  …read more