Wednesday, April 15, 2015

Bull Market Reaches Its 74th Month...

















The
S&P 500 bull market that began on 03/09/09 is now in its 74th month.

The average bull market for the stock index since 1950 (including the current bull) has lasted 59 months. 

source: BTN Research 

Monday, April 13, 2015

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



On
Friday, April 10, the S&P 500 closed @ 2102, and that was...
  
   +4.8% ABOVE its 12-Month moving average which stood @ 2006.
   +3.9% ABOVE its 40-Week moving average which stood @ 2022.
   +0.9% ABOVE its 10-Week moving average which stood @ 2083.


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




Friday, April 10, 2015

Since 1950, April has Been the Best Month for Stocks!


Chart of the Day


Today's chart presents the Dow's average performance for each calendar month since 1950 (blue columns). As today's chart illustrates, it is not unusual for the stock market to perform well during the early part of the year.

Looking forward, the averages favor a continued stock market rally as the calendar month of April has been the best month for stocks since 1950, averaging nearly +2.0 percent.

After that, however, things tend to get a little dicier.

Of the five calendar months that follow the strongest month of April, four rank as the weakest average calendar month performers since 1950.



Read more here...
http://www.chartoftheday.com/20150401.htm?H


Wednesday, April 8, 2015

ADP's March Private Payroll Job Report Weaker Than Expected...



Private employers added 189,000 jobs in March, processor ADP said, the smallest gain since January 2014.

It was well below expectations of a 230,000 read and suggests some downside risk for the Labor Department's March figures, which are expected to show 247,000 jobs added in March.



Monday, April 6, 2015

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



On
Friday, April 3, the S&P 500 closed @ 2067, and that was...
  
   +3.3% ABOVE its 12-Month moving average which stood @ 2001.
   +2.3% ABOVE its 40-Week moving average which stood @ 2020.
   -0.2% BELOW its 10-Week moving average which stood @ 2072.


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




Monday, March 30, 2015

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



On
Friday, March 27, the S&P 500 closed @ 2061, and that was...
  
   +3.7% ABOVE its 12-Month moving average which stood @ 1988.
   +2.2% ABOVE its 40-Week moving average which stood @ 2017.
   -0.5% BELOW its 10-Week moving average which stood @ 2071.


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




Monday, March 23, 2015

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



On
Friday, March 20, the S&P 500 closed @ 2108, and that was...
  
   +5.7% ABOVE its 12-Month moving average which stood @ 1995.
   +4.7% ABOVE its 40-Week moving average which stood @ 2014.
   +2.0% ABOVE its 10-Week moving average which stood @ 2067.


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




Monday, March 16, 2015

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



On
Friday, March 13, the S&P 500 closed @ 2053, and that was...
  
   +3.3% ABOVE its 12-Month moving average which stood @ 1987.
   +3.2% ABOVE its 40-Week moving average which stood @ 2010.
   -0.3% BELOW its 10-Week moving average which stood @ 2060.


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




Monday, March 9, 2015

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



On
Friday, March 6, the S&P 500 closed @ 2071, and that was...
  
   +4.1% ABOVE its 12-Month moving average which stood @ 1990.
   +3.2% ABOVE its 40-Week moving average which stood @  2008.
   +0.5% ABOVE its 10-Week moving average which stood @ 2061.


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




Friday, March 6, 2015

U.S. Consumers Spending More at Restaurants and Bars


Embedded image permalink

For the first time ever, U.S. consumers spent more on food at restaurants/bars in January 2015 than at grocery stores!



Wednesday, March 4, 2015

Average Life Expectancies Continue Climbing


An average 65-year old male has a life expectancy of 21.6 years (to age 86.6 ), an increase in life expectancy of +24 months in the last 15 years.


An average 65-year old female has a life expectancy of 23.8 years (to age 88.8), an increase in life expectancy of +29 months in the last 15 years. 


Source: Society of Actuaries


Monday, March 2, 2015

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



On
Friday, February 27, the S&P 500 closed @ 2105, and that was...
  
   +5.4% ABOVE its 12-Month moving average which stood @ 1997.
   +4.8% ABOVE its 40-Week moving average which stood @ 2009.
   +1.9% ABOVE its 10-Week moving average which stood @ 2065.


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




Monday, February 23, 2015

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



On
Friday, February 20, the S&P 500 closed @ 2110, and that was...
  
   +6.8% ABOVE its 12-Month moving average which stood @ 1976.
   +5.6% ABOVE its 40-Week moving average which stood @ 1999.
   +2.5% ABOVE its 10-Week moving average which stood @ 2059.


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




Friday, February 20, 2015

90% of The Industrialized World is Anchored by 0% Interest Rates!


cotd industrialized world post


Central banks around the world dropped rates to ultra low levels during the financial crisis in their efforts to stimulate growth.

For Gluskin Sheff's David Rosenberg, this persistent low rate policy sends an ambiguous message.

When Business Insider asked Rosenberg for his "most important chart in the world," he sent us this jarring image.
"I don't know whether to feel good or uneasy about the fact that 90% of the industrialized world economy is now anchored by near-zero or negative short-term rates," Rosenberg said. "At one level, this should be supportive of risk assets; at another level, it is a symbol of how fixed-income investors and central banks see the world ― deflation at a time of ultra-low rates is certainly not a confidence builder."

Read more: 

Gluskin Sheff

Wednesday, February 18, 2015

Bull Market Reaches the 71-Month Threshold, Closing in on 6-Year Anniversary...


The S&P 500 has been in a bull market since bottoming on 03/09/09, more than 71 months ago.

The index has gained +252% (total return) from the 03/09/09 low point (through Friday 02/13/15) but gained +55% in just the first 6 months of the bull market, from 03/09/09 to 09/09/09.


Monday, February 16, 2015

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



On
Friday, February 13, the S&P 500 closed @ 2097, and that was...
  
   +6.2% ABOVE its 12-Month moving average which stood @ 1974.
   +5.2% ABOVE its 40-Week moving average which stood @ 1993.
   +2.4% ABOVE its 10-Week moving average which stood @ 2048.


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




Monday, February 9, 2015

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



On
Friday, February 6, the S&P 500 closed @ 2055, and that was...
  
   +4.5% ABOVE its 12-Month moving average which stood @ 1967.
   +3.4% ABOVE its 40-Week moving average which stood @ 1987.
   +0.5% ABOVE its 10-Week moving average which stood @ 2046.


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




Monday, February 2, 2015

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



On
Friday, January 30, the S&P 500 closed @ 1995, and that was...
  
   +2.3% ABOVE its 12-Month moving average which stood @ 1951.
   +0.6% ABOVE its 40-Week moving average which stood @ 1983.
   -2.5% BELOW its 10-Week moving average which stood @ 2047.


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