Friday, June 23, 2017

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



On
Friday, June 23, the S&P 500 closed @ 2438, and that was...
  
   +6.3% ABOVE its 12-Month moving average which stood @ 2293.
   +6.2% ABOVE its 40-Week moving average which stood @ 2296.
   +1.3% ABOVE its 10-Week moving average which stood @ 2406.


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




Wednesday, June 21, 2017

The Top 0.1% Pay 23.5% of all Federal Income Taxes



TWO OUT OF THREE - 64% of all individual tax returns filed in 2012 (92.9 million returns out of 144.9 million returns filed) reported less than $50,000 of adjusted gross income. 

(source: Internal Revenue Service). 



THE REALLY RICH - The Top 0.1% of U.S. taxpayers (the Top 1 out of every 1,000 taxpayers) is estimated to pay 23.5% of all Federal income tax for the 2014 tax year 


(source: Tax Policy Center).


Who's not paying their fair share?




Monday, June 19, 2017

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



On
Friday, June 16, the S&P 500 closed @ 2433, and that was...
  
   +6.1% ABOVE its 12-Month moving average which stood @ 2293.
   +6.4% ABOVE its 40-Week moving average which stood @ 2287.
   +1.6% ABOVE its 10-Week moving average which stood @ 2395.


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




Monday, June 12, 2017

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



On
Friday, June 9, the S&P 500 closed @ 2432, and that was...
  
   +6.1% ABOVE its 12-Month moving average which stood @ 2292.
   +6.7% ABOVE its 40-Week moving average which stood @ 2279.
   +1.8% ABOVE its 10-Week moving average which stood @ 2388.


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




Monday, June 5, 2017

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



On
Friday, June 2, the S&P 500 closed @ 2439, and that was...
  
   +6.3% ABOVE its 12-Month moving average which stood @ 2293.
   +6.9% ABOVE its 40-Week moving average which stood @ 2281.
   +2.8% ABOVE its 10-Week moving average which stood @ 2373.


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