Obama closed at 73.9 on Intrade today, almost a 10 (!) point jump from the opening price. His price is now catching up with his win percentage on 538, which is hovering around 84%. That's still a nice ten-point gap to exploit. Right now Obama stock is a better invenstment than your 401k.
As far as the markets are concerned, the winner of Thursday's debate was the Obama campaign, which is now selling at an all-time high on both Intrade and the Iowa Electronic Markets.
Obama Market Surge
Posted by Joel at 10/03/2008 09:11:00 PM
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