Yet, despite the volatility of the midterm elections, the slate of races could create strong conditions for investors, argued Jeff Buchbinder, chief equity strategist at LPL Financial. "History suggests investors may be better served focusing on market behavior rather than political predictions," Buchbinder wrote. Midterm years historically correlate with the weakest annual equity performance of the four-year presidential cycle, with growth averaging only 4.6% while stocks generate the largest average drawdowns and highest realized volatility, Buchbinder wrote. (Kevin Dietsch/Getty Images) · Kevin Dietsch via Getty ImagesThat said, market outcomes matter more than political outcomes, Buchbinder argued. "While midterm years may test investors' patience, they may reward discipline," Buchbinder wrote.