Geopolitics Alpha

History Shows a Worst-Case Scenario Unfolding for Stocks on Election Night, as Well as a Silver Lining That Isn't Getting Enough Attention

Published . Updated .

Covered by 2 outlets: Yahoo Finance, The Motley Fool.

Who covered it: Center 1 · Not rated 1. How we rate outlets

Key takeaways

  • A Republican president overseeing a split Congress has delivered outlier S&P 500 returns since 1926.
  • Exposed: SLV, PAAS, CDE, HL, AG
  • Market reaction: price tracking starts with the next trading session.

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History Shows a Worst-Case Scenario Unfolding for Stocks on Election Night, as Well as a Silver Lining That Isn't Getting Enough Attention

A Republican president overseeing a split Congress has delivered outlier S&P 500 returns since 1926.

Directly affected

  • No company is named in this report.

Indirectly affected

  • SLV iShares Silver Trust-25.0% 30d

    iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story.

  • PAAS Pan American Silver-12.4% 30d

    Pan American Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.

  • CDE Coeur Mining-18.8% 30d

    Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.

  • HL Hecla Mining-27.7% 30d

    Hecla Mining (mining and quarrying of nonmetallic minerals (no fuels)): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.

  • AG First Majestic Silver-14.7% 30d

    First Majestic Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SLV+9.38%-0.54%baseafter closeafter closeafter closeafter close
PAAS+9.56%-0.86%baseafter closeafter closeafter closeafter close
CDE+7.49%-2.46%baseafter closeafter closeafter closeafter close
HL+12.98%+2.35%baseafter closeafter closeafter closeafter close
AG+11.94%+0.96%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

History Shows a Worst-Case Scenario Unfolding for Stocks on Election Night, as Well as a Silver Lining That Isn't Getting Enough Attention Yahoo Finance

Source: Yahoo Finance

iShares Silver Trust (SLV)

Across 4 earlier stories, iShares Silver Trust (SLV) the next day averaged +0.54%. The largest gain was +0.54% and the largest drop was +0.54%, from 4 prices.

CompanyWhenAverageLargest gainLargest dropPrices
iShares Silver Trust (SLV)the next day+0.54%+0.54%+0.54%4
Pan American Silver (PAAS)the next day+0.87%+0.87%+0.87%1
Coeur Mining (CDE)the next day+2.52%+2.52%+2.52%1
Hecla Mining (HL)the next day-2.29%-2.29%-2.29%1

iShares Silver Trust (SLV) since this story, compared with the market

CompanyWhenMoveStatus
First Majestic Silver (AG)three days earlier+0.96%final price
First Majestic Silver (AG)five days earlier+11.94%final price
Coeur Mining (CDE)three days earlier-2.46%final price
Coeur Mining (CDE)five days earlier+7.49%final price
Hecla Mining (HL)three days earlier+2.35%final price
Hecla Mining (HL)five days earlier+12.98%final price
Pan American Silver (PAAS)three days earlier-0.86%final price
Pan American Silver (PAAS)five days earlier+9.56%final price
iShares Silver Trust (SLV)three days earlier-0.54%final price
iShares Silver Trust (SLV)five days earlier+9.38%final price

Who gains and who loses around iShares Silver Trust (SLV)

Companies tied to this story

  • SLV iShares Silver Trust

    For “History Shows a Worst-Case Scenario Unfolding for Stocks on Election Night, as Well as a Silver Lining That Isn't Getting Enough Attention,” iShares Silver Trust (SLV) is linked, with no stored direction, medium confidence. Reason on file: iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story

  • PAAS Pan American Silver

    For “History Shows a Worst-Case Scenario Unfolding for Stocks on Election Night, as Well as a Silver Lining That Isn't Getting Enough Attention,” Pan American Silver (PAAS) is linked, with no stored direction, medium confidence. Reason on file: Pan American Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story

  • CDE Coeur Mining

    For “History Shows a Worst-Case Scenario Unfolding for Stocks on Election Night, as Well as a Silver Lining That Isn't Getting Enough Attention,” Coeur Mining (CDE) is linked, with no stored direction, medium confidence. Reason on file: Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story

  • HL Hecla Mining

    For “History Shows a Worst-Case Scenario Unfolding for Stocks on Election Night, as Well as a Silver Lining That Isn't Getting Enough Attention,” Hecla Mining (HL) is linked, with no stored direction, medium confidence. Reason on file: Hecla Mining (mining and quarrying of nonmetallic minerals (no fuels)): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story

  • AG First Majestic Silver

    For “History Shows a Worst-Case Scenario Unfolding for Stocks on Election Night, as Well as a Silver Lining That Isn't Getting Enough Attention,” First Majestic Silver (AG) is linked, with no stored direction, medium confidence. Reason on file: First Majestic Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story

iShares Silver Trust (SLV)

The 4 Nov 2026 story “History Shows a Worst-Case Scenario Unfolding for Stocks on Election Night, as Well as a Silver Lining That Isn't Getting Enough Attention” names iShares Silver Trust (SLV) because of this story.

iShares Silver Trust (SLV) is on the page because iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story

A second company, Pan American Silver (PAAS), is listed for a different reason: Pan American Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story

Dates and price levels for iShares Silver Trust (SLV)

CDE traded between 14.68 and 20.63 across 19 sessions. The latest close on file is 15.42. PAAS traded between 39.30 and 46.88 across 20 sessions. The latest close on file is 41.66. SLV traded between 44.12 and 55.84 across 20 sessions. The latest close on file is 45.58.

A simple score for iShares Silver Trust (SLV)

47 out of 100

“History Shows a Worst-Case Scenario Unfolding for Stocks on Election Night, as Well as a Silver Lining That Isn't Getting Enough Attention” scores 47 out of 100. The score uses 2 sources, and 5 linked companies.