This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

TheStreet Predicts Obama Will Win the 2012 Election

NEW YORK ( TheStreet) -- We've entered the final 48 hours before the presidential election will be called for either President Barack Obama or Republican nominee Mitt Romney, and that means it's time to take a peek at predictions.

TheStreet asked a number of its reporters, editors, contributors and others to give us their take on who they think will win Tuesday's election and what they think it means for the country moving forward.

Here's what they had to say in their own words.

Josh Brown, founder of The Reformed Broker:

"Obama takes the vote home in the Electoral College (the only place it counts, thanks to our inability to abolish this slavery-era construct) but the popular vote will be quite close. Meanwhile, the House and Senate split between Blues and Reds. This means four more years of gridlock winter, the continued court battles over health care and a last-minute ugly compromise on fiscal cliff issues before Christmas. The market will sell off into that battle, rally back on its resolution, cause a lot of consternation in the process, but will end up having gone nowhere.

"Thus, frustration shall be the order of the day for Republicans, Democrats, bulls, bears and, most deliciously, forecasters with strong opinions in one direction or the other. None shall have satisfaction this season."

Rocco Pendola, writer at TheStreet:

"As I explained last week in Obama Won the Election This Week, Hurricane Sandy, particularly N.J. Gov. Chris Christie's more-than-positive response to Washington's support, cinched the election for Barack Obama.

"This put Mitt Romney in the unfortunate situation of having to a.) step out of the spotlight and b.) put the gloves back on. That, alongside ultimately lame Fox News-fueled attempts to make Libya a campaign issue and somewhat upbeat jobs numbers of late, tipped the scales in favor of the incumbent.

"Obama seals the deal relatively early Tuesday night with more than 290 electoral votes. Christie runs as a moderate Republican and a 'uniter' in 2016."

Brian Sozzi, contributor to TheStreet/chief equities analyst at NBG Productions:

"Overall Predictions: President Obama narrowly (think by 1%-2%) wins the popular vote, and wins close to 300 Electoral College votes. Pushing him closer to that Electoral College number are narrow wins in battleground states Ohio, Pennsylvania, Michigan and Virginia. Florida goes to Romney. In terms of Senate/House, Democrats snag a couple more seats, keep the majority. Republicans lose some ground in House, but keep their majority.
1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $118.46 0.55%
FB $104.40 -1.00%
GOOG $745.40 -0.65%
TSLA $230.35 -0.54%
YHOO $33.73 2.40%


Chart of I:DJI
DOW 17,724.60 -73.89 -0.42%
S&P 500 2,081.96 -8.15 -0.39%
NASDAQ 5,110.1660 -17.3590 -0.34%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs