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

On Friday, December 27, the S&P 500 closed @ 1841, and that was...
  
 +10.1% ABOVE its 12-Month moving average which stood @ 1663.
   +9.3% ABOVE its 40-Week moving average which stood @ 1685.
   +2.6% ABOVE its 10-Week moving average which stood @ 1794.


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

Adjusted for Inflation, Taxes per Household Have Risen Dramatically

Though the economic downturn has temporarily lowered overall tax revenues, the tax burden on Americans is twice what it was in 1965!

INFLATION-ADJUSTED DOLLARS (2011)

"And on Earth, Peace, Good Will Toward Men..."

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

On Friday, December 20, the S&P 500 closed @ 1818, and that was...
  
   +9.5% ABOVE its 12-Month moving average which stood @ 1660.
   +8.4% ABOVE its 40-Week moving average which stood @ 1678.
   +1.9% ABOVE its 10-Week moving average which stood @ 1784.


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

POLL: The Biggest Threat to America's Future? Big Business, Big Labor, or Big Government?

Obamacare's Tsunami of Tax Hikes

Obamacare imposes numerous tax hikes which total more than $500 billion over 10 years.

Obamacare's higher tax rates on income and investment will slow economic growth, leaving hardworking American families and businesses worse off.

A particularly harmful new payroll tax on investment income went into effect in January 2013.

BILLIONS OF NOMINAL DOLLARS

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

On Friday, December 13, the S&P 500 closed @ 1775, and that was...
  
   +7.1% ABOVE its 12-Month moving average which stood @ 1658.
   +6.2% ABOVE its 40-Week moving average which stood @ 1671.
   +0.1% ABOVE its 10-Week moving average which stood @ 1773.


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

U.S. Has the Highest Corporate Tax Rate

High federal and state corporate tax rates make it difficult for U.S. headquartered businesses to compete internationally.

U.S. rates have been consistently higher than the average of industrialized nations.

In April 2012, Japan reduced its corporate tax rate to 36.8 percent, making the U.S. total corporate tax rate the highest.

COMBINED CORPORATE TAX RATES

Income It Takes to Rank in The Top 5% of U.S. Households...

The Top 5% of U.S. households received 22.3% of all income reported in 2012.

Income of at least $191,200 was required to be ranked in the Top 5% of high-income households last year.

 (Source: Census Bureau).

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

On Friday, December 6, the S&P 500 closed @ 1805, and that was...
  
   +8.9% ABOVE its 12-Month moving average which stood @ 1658.
   +8.3% ABOVE its 40-Week moving average which stood @ 1666.
   +2.3% ABOVE its 10-Week moving average which stood @ 1764.


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

Quotes of the Day: From Economist Thomas Sowell

"If you believe in equal rights, then what do 'women’s rights,' 'gay rights,' etc., mean?

Either they're redundant or they're violations of the principle of equal rights for all."

"Those who want to 'spread the wealth' almost invariably seek to concentrate the power. It happens too often, and in too many different countries around the world, to be a coincidence.

Which is more dangerous, inequalities of wealth or concentrations of power?"

Poll: 78% Are Concerned About The Security of the ObamaCare Website

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

On Friday, November 29, the S&P 500 closed @ 1806, and that was...
  
 +10.7% ABOVE its 12-Month moving average which stood @ 1631.
   +8.9% ABOVE its 40-Week moving average which stood @ 1658.
   +3.0% ABOVE its 10-Week moving average which stood @ 1753.


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