In the run-up to the U.S. Presidential election, the stock market’s performance could serve as a reliable predictor of the election results, as per the chief technical strategist at LPL. What Happened: Adam Turnquist, LPL’s chief technical strategist, stated that the S&P 500 has an 83% success rate in forecasting the victorious political party in the Presidential elections since 1928, Business Insider reported on Thursday. Turnquist emphasized the stock market’s performance in the three months preceding the election as the key predictor. “Since 1928, whenever the S&P 500 was positive during th…