Giovanny Moreano is a Quantitative Analyst at CNBC.
Since 1928, the market has been up this much only 14 other times.
On the heels of Microsoft boosting its dividend and renewing its buyback, there are a host of other companies that could be candidates for the same.
The Russell 2000's relative performance is pronounced, gaining an astonishing 24 percent year to date.
The latest jobs data show the economy added 203,000 jobs in November, while the unemployment rate hit a five-year low.
A strong sell bias continues among company insiders across the market, as stocks breach trough historic levels.
If history is an indication, the stock market could extend its rally into December.
Even with the sharp gains in stock prices this year, 70 percent of the Dow components still offer dividend yields greater than 2 percent.