From the article (titled “Investors Are Too Negative, Says Art Hogan — And That’s Good News For The Market”):
“…when the Republicans grab back seats in the House and Senate, investors will have “gridlock” to look forward to.
Gridlock is actually not a bad thing for investors, says Hogan: The confidence that neither party will do anything radical should bring some confidence back to the market.”
This is what I’m talking about. Gridlock happens, neither side is able to pass much in the way of stimulus or anything else, and the market is left to operate on its own.