Monday, April 29, 2013

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis



On
Friday, April 26, the S&P 500 closed @ 1582, and that was...
  
    +8.2% ABOVE its 12-Month moving average which stood @ 1462.
    +7.9% ABOVE its 40-Week moving average which stood @ 1466.
    +1.8% ABOVE its 10-Week moving average which stood @ 1555.


Therefore, the INTERMEDIATE-Term trend IS BULLISH 
and the LONG-Term trend is UP.


Monday, April 22, 2013

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis



On
Friday, April 19, the S&P 500 closed @ 1555, and that was...
  
    +6.7% ABOVE its 12-Month moving average which stood @ 1457.
    +6.5% ABOVE its 40-Week moving average which stood @ 1460.
    +0.4% ABOVE its 10-Week moving average which stood @ 1549.


Therefore, the INTERMEDIATE-Term trend IS NEUTRAL 
and the LONG-Term trend is UP.


Thursday, April 18, 2013

Why Taxing the Wealthy to Balance the Budget Will Not Work...


CURRENT TAX RATES AND TAX RATES NECESSARY TO CLOSE DEFICIT
Taxing the Wealthy to Balance the Budget Will Not Work

Sources: Internal Revenue Service and Congressional Budget Office (Alternative Fiscal Scenario).

Some argue for taxing the wealthy to reduce federal deficits. However, hiking taxes on taxpayers in the two highest brackets would increase their tax rates to mathematically impossible levels. 
To close the 2035 deficit, the top two tax rates would increase to 159% and 166%, and in 2050 they would reach 236% and 246%.

Tuesday, April 16, 2013

Why This Bull Market Is Long In The Tooth...


The S&P 500 bull market that began on March 9, 2009 has lasted approximately 49 ½ months.

The average bull market for the S&P 500 since 1950 has lasted 57 months.




Monday, April 15, 2013

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis



On
Friday, April 12, the S&P 500 closed @ 1589, and that was...
  
    +8.6% ABOVE its 12-Month moving average which stood @ 1463.
    +9.2% ABOVE its 40-Week moving average which stood @ 1455.
    +2.8% ABOVE its 10-Week moving average which stood @ 1545.


Therefore, the INTERMEDIATE-Term trend IS BULLISH 
and the LONG-Term trend is UP.



Wednesday, April 10, 2013

Monday, April 8, 2013

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis



On
Friday, April 5, the S&P 500 closed @ 1553, and that was...
  
    +6.6% ABOVE its 12-Month moving average which stood @ 1457.
    +7.2% ABOVE its 40-Week moving average which stood @ 1449.
    +1.0% ABOVE its 10-Week moving average which stood @ 1538.


Therefore, the INTERMEDIATE-Term trend IS BULLISH 
and the LONG-Term trend is UP.




Friday, April 5, 2013

Monday, April 1, 2013

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis



On
Friday, March 29, the S&P 500 closed @ 1569, and that was...
  
    +9.0% ABOVE its 12-Month moving average which stood @ 1440.
    +8.6% ABOVE its 40-Week moving average which stood @ 1445.
    +2.4% ABOVE its 10-Week moving average which stood @ 1533.


Therefore, the INTERMEDIATE-Term trend IS BULLISH 
and the LONG-Term trend is UP.