Did you know that Congress hurts stocks? They go up 1% when Congress is IN, 16% when OUT
The first to document the general effect of Congress on daily stock prices, Eric T. Singer, manages the Congressional Effect Fund (CEFFX), begun in 2008. His new book, “TRADE THE CONGRESSIONAL EFFECT: How to Profit from Congress’s Impact on the Stock Market” (Wiley, October 2012) brings his insights and strategies to the individual investor. Did …