The Election and the Market: A Preview

These developments will create opportunities in specific stocks in energy, alternative energy, health care, biotech, defense, immigration, and others that we have described in past articles.

It is an unusual election season. Because of the overriding economic issues, we have the rare opportunity to see the result before acting. There will be time to profit.

And finally, please remember that my work is analytical. I try to describe the probabilities of what might happen and what might result. It is not intended as a recommendation for voters. There are many issues reaching beyond the stock market -- Iraq, the makeup of the Supreme Court for years to come, health care, and other issues.

Despite a process where we had more choices than ever in both parties, there are many who find the alternatives unappealing. It is a prospect that I have often faced over the years. A Presidential Administration is a collection of decision-making skill, leadership, advisors, appointments and policies. Each of us should consider the choices carefully and cast a vote.

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At the time of publication, Miller had no positions in the stocks mentioned, although positions may change at any time. Jeffrey Miller is president and CEO of NewArc Investments, a registered investment adviser, and Capital Markets Research.

Miller writes about the market, interpreting data, and finding the right expert at his blog, "A Dash of Insight. He is writing about the 2008 presidential campaign and the implications for individual stocks and the market at Election Stocks. His investment company, with programs for both individual and institutional investors, is NewArc Investments.

Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Miller appreciates your feedback; click here to send him an email.