Topley’s Top 10 – December 20, 2022

1. Year to Date TSLA -56% vs. S&P -19%

2. Vanguard Energy ETF Broke 200 Day Twice Since Summer Only to Make More New Highs

3. S&P 500 Dividend Ratio Well Below Historical Mean

The S&P 500’s dividend ratio—the percentage of earnings that gets paid out in dividends—is around 30%, far below its long-term average of 50%, according to BofA Global Research.