Monday, July 29, 2013

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



On
Friday, July 26, the S&P 500 closed @ 1692, and that was...
  
   +10.1% ABOVE its 12-Month moving average which stood @ 1536.
   +10.1% ABOVE its 40-Week moving average which stood @ 1536.
     +2.8% ABOVE its 10-Week moving average which stood @ 1645.


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




Monday, July 22, 2013

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



On
Friday, July 19, the S&P 500 closed @ 1692, and that was...
  
   +10.2% ABOVE its 12-Month moving average which stood @ 1536.
   +10.6% ABOVE its 40-Week moving average which stood @ 1530.
     +3.2% ABOVE its 10-Week moving average which stood @ 1642.


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


Friday, July 19, 2013

More than 70 Percent of Federal Spending Goes to Dependence Programs


Government dependence is driving budget deficits and federal debt. More than 70 percent of federal spending goes to 47 government dependence programs, including housing, farm subsidies, and the three largest entitlements,Medicare, Medicaid, and Social Security.

SHARE OF TOTAL FEDERAL SPENDING
More than 70 Percent of Federal Spending Goes to Dependence Programs
Source: The Heritage Foundation's Index of Dependence on Government.

Monday, July 15, 2013

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



On
Friday, July 12, the S&P 500 closed @ 1680, and that was...
  
    +9.5% ABOVE its 12-Month moving average which stood @ 1534.
   +10.3% ABOVE its 40-Week moving average which stood @ 1523.
    +2.7% ABOVE its 10-Week moving average which stood @ 1636.


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



Friday, July 12, 2013

Contrary to the President's Claims, ObamaCare Will Now Add To, Not Reduce, Deficits In First 10 Years...

ObamaCare Will Now Add To Deficits In First 10 Years


In September 2009, President Obama promised the country that...

"I will not sign a plan that adds one dime to our deficits — either now or in the future."


Dishonest or Incompetent?


Read More At Investor's Business Daily: http://news.investors.com/#ixzz2YqWV2Spb



Wednesday, July 10, 2013

Chart of The Day: Home Prices Surge +20% in 5 Months...



For some perspective on the all-important US real estate market, today's chart illustrates the inflation-adjusted median price of a single-family home in the United States over the past 42 years.

Not only did housing prices increase at a rapid rate from 1991 to 2005, the rate at which housing prices increased -- increased. All those gains were given back during the following 6.5 years. 


Over the past five months, however, the median price of a single-family home has surged by over 20% -- the biggest five-month gain on record (the data goes back to 1968).

The sharp downward trend that began in mid-2005 is now over.


Chart & Commentary Courtesy of Chart of the Day

Monday, July 8, 2013

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



On
Friday, July 5, the S&P 500 closed @ 1632, and that was...
  
    +6.9% ABOVE its 12-Month moving average which stood @ 1527.
    +7.5% ABOVE its 40-Week moving average which stood @ 1518.
    +0.1% ABOVE its 10-Week moving average which stood @ 1630.


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




Monday, July 1, 2013

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



On
Friday, June 28, the S&P 500 closed @ 1606, and that was...
  
    +6.5% ABOVE its 12-Month moving average which stood @ 1508.
    +6.2% ABOVE its 40-Week moving average which stood @ 1513.
    -1.2% BELOW its 10-Week moving average which stood @ 1625.


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