Monday, September 30, 2013

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



On
Friday, September 27, the S&P 500 closed @ 1692, and that was...
  
   +7.6% ABOVE its 12-Month moving average which stood @ 1572.
   +5.9% ABOVE its 40-Week moving average which stood @ 1597.
   +0.8% ABOVE its 10-Week moving average which stood @ 1679.


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





Monday, September 23, 2013

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



On
Friday, September 20, the S&P 500 closed @ 1710, and that was...
  
   +8.7% ABOVE its 12-Month moving average which stood @ 1573.
   +7.0% ABOVE its 40-Week moving average which stood @ 1598.
   +1.8% ABOVE its 10-Week moving average which stood @ 1680.


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




Monday, September 16, 2013

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



On
Friday, September 13, the S&P 500 closed @ 1688, and that was...
  
   +7.4% ABOVE its 12-Month moving average which stood @ 1536.
   +6.6% ABOVE its 40-Week moving average which stood @ 1530.
   +0.7% ABOVE its 10-Week moving average which stood @ 1642.


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



Friday, September 13, 2013

Welfare Spending Continues To Soar Despite Attempts at Reform...


Total means-tested welfare spending (cash, food, housing, medical care, and social services to the poor) has increased more than 17-fold since the beginning of Lyndon Johnson's War on Poverty in 1964.
INFLATION-ADJUSTED DOLLARS (2011)
Total Welfare Spending Is Rising Despite Attempts at Reform
Source: Heritage Foundation calculations based on data from current and previous White House Office of Management and Budget documents and other official government sources.

Monday, September 9, 2013

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



On
Friday, September 6, the S&P 500 closed @ 1655, and that was...
  
   +5.7% ABOVE its 12-Month moving average which stood @ 1566.
   +5.0% ABOVE its 40-Week moving average which stood @ 1577.
   -0.9% BELOW its 10-Week moving average which stood @ 1670.


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




Wednesday, September 4, 2013

Monday, September 2, 2013

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



On
Friday, August 30, the S&P 500 closed @ 1663, and that was...
  
   +5.4% ABOVE its 12-Month moving average which stood @ 1550.
   +3.9% ABOVE its 40-Week moving average which stood @ 1571.
   -2.0% BELOW its 10-Week moving average which stood @ 1666.


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