CURRENT YIELD IN S&P 500 is 1.95%

http://www.multpl.com/s-p-500-dividend-yield/

MAJOR BEAR MKTS have typically made their final bottoms with yields of 6% or higher. MAJOR TOPS typically offer the least inducement to hold buy yield and it's more about price appreciation...yields are found near 3%.

Are we near a TOP or a bottom?

D