I am going to need to enter tracking poll rehab after this election, but for now I am going to dive in head first and worry about the consequences later.
Today's tracking polls show Obama still ahead, but positive movement for McCain. Gallup moves from Obama 49%--42% McCain, to Obama 48%--44% McCain. Rasmussen moves from Obama 50%--45% McCain, to Obama 48%--46% McCain.
As those of you following the tracking polls closely already know, large movement was expected today, as Monday's enormously positive numbers for Obama were replaced by Thursday's post-Palin speech numbers. To show just how deep into the addiction I am, Haggai's daily tracking poll estimates for yesterday are Obama 47.7%--46.6% in Gallup (with a 1.5% MoE in both directions) and McCain 47.0%--Obama 45.8% in Rasmussen (with a 1.5% MoE in both directions). That averages to an exact tie.
So, it appears that Palin pulled McCain even, for one day, in the tracking polls. That is actually pretty good news, especially when one considers that Gallup and Rasmussen have consistently been 3.2%-3.4% more favorable to McCain than all other polls. Based on polling so far in the campaign, it is reasonable to assume that a dead heat in the tracking polls indicates an overall, narrow Obama lead. Even if his lead has shrunk, if Obama is still ahead after Palin, that is good news.
Now, the more sobering news is that tomorrow's tracking polls will be the first to reflect McCain's speech. While the speech didn't feel like a number mover, I still think it is reasonable to assume tonight's tracking poll surveys will be better for McCain than Tuesday night's, which they are replacing. A free hour of advertising has to be better than the giant goose egg that was Monday night of the Republican convention. Obama still held a solid, 4% lead in Tuesday night's surveys, but last night about 40 million people watched McCain's speech--more than watched Obama's. With yesterday roughly even, it is hard for me to imagine that Obama polls a 4% lead tonight, meaning that the tracking polls will continue to move toward McCain.
Returning to good news, we should take heart that it is unlikely polling will improve much from this point for McCain. The times immediately after conventions are almost always the high point for every single campaign. As such, the overall picture appears to be that McCain has closed the gap, but that Obama weathered the storm and still leads narrowly. I'll take it. At this point, I just want to win by any margin.
P.S. Hotline and CBS might also be instituting tracking polls. I'll look into that.
Update: Nate at 538 also tries to crack the individual daily numbers for the tracking polls, too. His estimate for yesterday is a bit more postiive than Haggai's, showing Obama up 1.5%. In the comments, Hagai sticks by his guns. |