Democrats to Win the Midterm?
Tonight the polls, tomorrow around 11:00 am HK, the results. I believe the Democrats will win Congress. The midterm seems to be boiling down to this: will the new batch voters (women and those thirty & under) overcome the evangelical vote?
The Democrats have to find an additional 23 seats, i.e. take them from the Republicans while holding their own. Cook political has produced a study of the 75 House seats that will hold the key. In the Senate, there are six seats to watch:
- Arizona
- Florida
- Indiana
- Montana
- Nevada
- Tennessee
The expectations are for the Dems to win the House and the Repubs to win the Senate. I’m looking for the Dems to win both – perhaps by only 1-3 seats but that will be enough. If the Dems to win control, expect the US stock market to have a heart attack.
If the Republicans win both, expect a monster rally. One each? Perhaps a couple of days sideways.
Source: http://www.tradingsuccess.com/blog/democrats-to-win-the-midterm-6375.html
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