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Is the White House haunted? The United States' most famous address has had several reports of ghostly appearances and eerie sounds! The most common ghost sighting is of Abraham Lincoln who has been spotted by First Lady Eleanor Roosevelt, Queen Wilhelmina of the Netherlands and Sir Winston Churchill. Other paranormal guests include Andrew Jackson, David Burns and Abigail Adams.
With the election only eight days away and earnings season in full swing, stocks have bucked the usual October weakness during election years so far in 2020 (Monday’s losses notwithstanding). The good news is this could continue, as one of the best days of the year is right around the corner.

We would like to stress you should never invest based on simply one day, but it is worth noting that October 28 historically has been the best day of the year. “Maybe because it is my birthday, or perhaps it is simply random,” explained LPL Financial Chief Market Strategist Ryan Detrick. “But October 28 is the best day of the year for stocks, and it is almost here.”

As shown in the LPL Chart of the Day, the S&P 500 Index has averaged a 0.54% return on October 28, better than any other day of the year—with the day after Christmas the second best. On the downside, October 19 has been the worst day of the year, and we can thank the crash of 1987 for that one.

So far Don Rich, Leslie Rich and Bethany Thomas have all been nominated!

Join our team in celebrating the Cornerstone Wealth Management Partners (CWMP) team members and all the work that they do. It's time once again for The CWMP Oscars!
We'd love to see who you thought went above and beyond on our team to support you during this 2020 unprecedented tumultuous COVID pandemic year. Whether it was someone taking a little extra time to explain something to you or maybe a team member that just made you smile a little bigger one day, we'd love to hear all about it!

You'll be able to vote anonymously or feel free to share your name so we can "thank you". Click the button below to cast your vote!

LPL 2020 Midyear Outlook: The Trail to Recovery
The LPL Research Midyear Outlook 2020: The Trail to Recovery is here to guide us on the path to economic and market recovery and what to expect in the 2020 elections.
Our CAPS Program Can Assist in Building Your Financial Future
Many of our clients ask how they benefit from taking action and initiating a Financial Plan for themselves. When you sign up for our CAPS program,
you will get access to: A personalized financial plan, a place to keep all of your accounts in one location and a secure place to store your important documents.
Cornerstone Commentaire
"There are three things I've learned never to discuss with people: religion, politics, and the Great Pumpkin."
- Linus, It's The Great Pumpkin, Charlie Brown
Stay Safe, Stay Kind, Stay Strong, Stay Well
Our office will remain closed due to rising concerns of COVID-19 spreading. That said we will be in the office and working, just safely with the doors closed. We look forward to having you hopefully in the office soon.
P.S. Please feel free to forward this commentary to family, friends, or colleagues.
The highest compliment you can give us would be the referral of your friends or family!
IMPORTANT DISCLOSURES 
 
This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.
References to markets, asset classes, and sectors are generally regarding the corresponding market index. Indexes are unmanaged statistical composites and cannot be invested into directly. Index performance is not indicative of the performance of any investment and do not reflect fees, expenses, or sales charges. All performance referenced is historical and is no guarantee of future results.
Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services. LPL Financial doesn’t provide research on individual equities. All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.
All index and market data from FactSet and MarketWatch.
This Research material was prepared by LPL Financial, LLC.

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Insurance products are offered through LPL or its licensed affiliates. To the extent you are receiving investment advice from a separately registered independent investment advisor that is not an LPL affiliate, please note LPL makes no representation with respect to such entity.
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Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA / SIPC .
 
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