Presidential Market - May 15

Politico: <a href="http://us.rd.yahoo.com/dailynews/external/politico_rss/rss_politico_mostpop/http___www_politico_com_news_stories0708_12028_html/28347116/SIG=11m14o7vb/*http://www.politico.com/news/stories/0708/12028.html">Obama promises to &#39;remake the world&#39;
ABC News: <a href="http://us.rd.yahoo.com/dailynews/external/abc/rss_abc_pl/sneakpeekmccainon16monthiraqexit/28233426/SIG=124c66l41/*http://feeds.feedburner.com/~r/AbcNews_Politics/~3/164416111/story">Sneak Peek: McCain on 16-Month Iraq Exit
McClatchy Newspapers: <a href="http://us.rd.yahoo.com/dailynews/external/mcclatchy_rss/rss_mcclatchy_pl/httpwwwmcclatchydccomelection2008story45643html/28360611/SIG=11q9acaug/*http://www.mcclatchydc.com/election2008/story/45643.html">Obama wins the week, but McCain&#39;s still in the race

Thu May 15, 11:16 AM ET

Barack Obama's tightening grip on the Democratic nomination has strengthened his position in this market also. With a win in the North Carolina primary and a respectable second-place finish in the Indiana last week, Obama has enjoyed some significant upward momentum.

Obama is currently trading at 58.7, which is a 4.0-point gain on last weeks price of 54.7 and a 16.5-point boost from his value of 42.2 two weeks ago. These gains have come largely at the expense of his Democratic opponent, Hillary Clinton. She has seen her value drop to 6.1 after trading at 9.8 last week and 16.0 a fortnight ago.

John McCain remains remarkably steady in value. His current price of 38.0 is up slightly from last week's value of 37.7. But with Obama gaining momentum he has fallen further behind the market leader. He now trails Obama by 20.7 points, which is up from the 17.0 point gap between the two last week and up significantly from the 3.3 point margin separating them the week before.