Now that we are beginning a new decade and one that is a mid term election year, how has the market performed in past mid term election periods? As the below chart notes, the first three quarters of the year tend to be flat and choppy with a rally in the last quarter. This chart is simply another data point that might suggest stock picking wins out in 2010 versus an index strategy as noted in several of my posts over the course of the past week.
(click to enlarge)
Source: Chart of the Day