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we have sam stovall. sam, first of all, looking what is boeing on with the markets, what is your thought? >> hey, liz. there is awful lot of uncertainty out there. investor taking whatever profits they can before they head into the election by could be very big surprise. >> liz: you came up with presidential predictor test. what did you find? >> going back to 1944, whenever the s&p 500 fell in price from july 31 you through october 31, the incumbent person or party was replaced 86% the time. failing only onc in 1956. i think because of geopolitical issues that would be implying but not guarantying that donald trump will be the winner this time around. liz: so investors should do what, sam with a few seconds left? >> i think they should sit on their hands. not react negatively. because down this long this far i think market will be bouncing back. [closing bell rings] liz: our good buddy, sam stovall. have a good weekend, sam. longest losing streak in 36 years. s&p down 3 and a third points. david, melissa
[closing bell rings] liz: our good buddy, sam stovall. have a good weekend, sam. longest losing streak in 36 years. s&p down 3 and a third points. david, melissa can they move up in this market? david: i doubt it. looks like they're going down. melissa: s&p 500 down for the ninth straight session. we were saying this. it is the longest losing streak since 1980. i'm melissa francis. david: of course i wasn't born then. i wouldn't know. i'm david asman. happy friday. this is "after the bell." we have you covered on big market movers. here is whats we have on the busy political friday. the finish line is virtually in sight. one more weekend, folks, america will decide. donald trump and hillary clinton in a battle ground blitz, campaigning in key states. trump speaking in ohio. we have latest on state of the race. racing to cross the border, a wave of illegal immigrant surging into the u.s. just ahead of the election. how are voters responding in texas? the texas gop chair joining it. state department emails showing up anthony weiner's laptop according to fbi sources.
sam stovall says this is a bad omen for hillary clinton. going back to world war ii, when the s&p is down during this time frame, the incumbent party usually loses the election. let's bring in nancy tanglet and eric marshall. nancy, nice to have you in studio. do you believe any of the statistics, do they weigh into anything anything you do? >> i'm exhausted. i believe the statistics. i believe they are facts, but doesn't change what we're doing. we're looking out three to five years for our clients, many mostly taxable clients. we already positioned ourselves. >> i see you like johnson & johnson and amgen. where we just had bernie sanders going after eli lilly and pricing, you're not worried about the stocks if there is a tilt to the left? >> i think some of that is already priced in. i'm not sure, michelle. we think we have got it right, but i do think i heard the previous segment where stephanie was talking about not wanting to catch a falling knife, i get that. we have been using the volatility, down 17% since the democratic convention.
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