Calafia Beach Pundit

Key Market Indicators Updated

Scott Grannis, the Calafia Beach Pundit, says that although the stock market is high historically, there is still considerable skepticism and caution present. Thus, if the coronavirus and certain political disquiet were to fade, he says that there still seems to be substantial room for a further advance in equity prices. [more]

Chart-of-the-Day

S&P 500 Index Continues Trending To All-Time Highs

The S&P 500 Index continues to reach all-time highs. Given this, investors are advised to heed the maxim: the “trend is your friend”. From a seasonality standpoint, the market is in its typical bullish time-frame and there is always the possibility of a “Santa Claus” rally and year-end advance. [more]

Dividends-FI
Investing Daily

The Recession-Fighting Power of Growing Dividends

The word recession keeps popping up, and many investors wonder how best to insulate themselves during an economic recession or even just a prolonged financial downturn. One way is to consider investing in the Dividend Aristocrats Index. Find out about this little-known concept here. [more]

McClellan Chart-In-Focus

U.S. Government Has a Spending Problem

The latest McClellan Chart-In-Focus report from McClellan Financial Publications shows that, provided U.S. federal tax receipts do not exceed 18% of GDP, the stock market tends to move higher. The current rate is 16% so the outlook, using this metric, remains positive. [more]

Chart-of-the-Day

S&P 500 Index Reaches All-Time High

Three Cheers for the S&P 500 Index, which on Monday established a new all-time high. It remains to be seen if the SPX can “drag” other key indexes such as the DJIA, the NASDAQ Composite, and the Russell 2000 also into new all-time high territory. [more]