S&P 500--Gee, who would have thought that taking off thousands of job killing economy killing regulations and lowering taxes on the middle class (opposite of last 8 years) would actually make stock indices scream higher.
"January, for the purposes of this letter, covers 1/03 - 2/05. This month looks very interesting with 4 potential Planetary Polarity Points. These are planetary events that have the potential to invert the current polarity of the planetary energy.
The rally in the stock market since the election and the hope that Trump's elixir of tax cuts, rollback of regulatory burdens enacted since 2008, and fiscal stimulus, are merely a preamble to higher stock prices and has engendered a surge in optimism.
The December S&P closed at 2135.00 on Tuesday November 8 day session. Futures plunged to 2028.25 on election night and the pundits were screaming with joy as they felt they were right about the market crashing if Hillary lost.
Dividend payouts from S&P 500 companies for the past 12 months amounted to almost 38% of net income, according to FactSet, the most since February 2009. In the second quarter, the dividend payout of 44 companies exceeded their net income, the most in a decade.