The S&P 500 (Index: SPX) continued the rally it began last week, closing at an all-time high of 4,605.38 on Friday, 29 October 2021.

The trajectory of the S&P 500 index continues to fall within the redzone forecast, though now it falls in the upper half of the forecast range. Sharp-eyed readers will note that with an improving outlook for future dividends, the forecast range itself has shifted to a less negative direction.

The index began rallying last week when President Biden’s proposed tax rate hikes were dropped from legislation under consideration in the U.S. Congress. The market received an additional boost this week when the U.S. House dropped the U.S. Senate’s proposal to tax unrealized (or “paper”) capital gains, which you’ll see captured in the market moving headlines of the week.

Monday, 25 October 2021
Tuesday, 26 October 2021
Wednesday, 27 October 2021
Thursday, 28 October 2021
  • Signs and portents for the U.S. economy:
  • Fed minions developing crush:
  • Bigger trouble developing in Australia, South Korea:
  • Bigger inflation developing all over:
  • BOC minions say their monetary policy is perfect; Chief ECB minion okay with inflation; BOJ minions get gloomy:
  • S&P, Nasdaq hit record closing highs on earnings bullishness
Friday, 29 October 2021

We’ve previously featured Seeking Alpha’s Dividend News, but since they’ve revamped it and changed its web address, here it is again! SA provides an excellent running flow of dividend declarations as their bots detect them.