In December of last year, I published a post containing a chart from Chart of the Day detailing pre-election year stock market returns. As noted in the below chart, historically, the strongest part of the returns in a pre-election year occurred in the first 6-7 months. The market gains further momentum in the last three months of the year. This year seems to be following a similar pattern.
(click on chart for larger image)
Source: Chart of the Day