For the archives: all four major indices were surging and setting new intra-day highs until Ted Cruz's supporters stormed the capital / capitol. To say I'm upset is putting it mildly.
Hmmm..... This headline story first seen over at Yahoo!Finance has now been removed from Yahoo!Finance:
Officially the Santa Claus rally ended yesterday, but it looks like we may need to extend this year's dates for the SCR by a few days. The SCR is tracked here.
With regard to the market, if one "believes" the pandemic telescoped 2020 - 2035 to 2020 - 2025 the market is not overvalued. And then on top of that, we have, for the first time in a long, long time, a "unified" government.
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Dividends: seven dividend increases expected in January, 2021. SeekingAlpha.
- So far:
- Abbott Laboratories: a massive 25% increase in December, 2020
- ABM: a 2.7% dividend increase
- Mastercard: a 6.7% increase
- PFE: increased dividend by one cent
- Bristol-Myers Squibb: an 8.8% increase
- Eli Lilly: a 14.8% increase
- Huge surprises:
- Darden Restaurants: a 23% increase in its dividend
- Amgen: a 10% dividend increase announced in December
- Campbell Soup: a 6$ increase announced in December
- ENB: a 3.1% increase
- Franklin Resources: a 3.7% increase
- ATT: no increase in dividend announced
- Dividend increases expected in January, 2021:
- Consolidated Edison
- Kimberly-Clark Corporation
- Air Products and Chemicals, Inc
- Intel
- Chevron
- Comcast
- ATT
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