A quick inspection of the benchmark Nasdaq ETF QQQQ shows two things rather clearly: the short term trend has been well and truly disturbed, whilst the long term trend has naturally barely budged. What we are watching now is the middle ground, so to speak. We have just seen the second bearish signal of 2007 on QQQQ, (more…)

Trailing 4Q cash dividends as a ratio of reported earnings are at very low levels.

The 80 year average is 56% versus the current ratio of 30% for S&P 500 companies.

As of 31 Mar 07, S&P 500 dividends per share were $25.49 versus the GAAP reported earnings per share of $84.72, according to Ned Davis Research.