10 Observations on New Highs
We wrote about the new record high for the S&P 500 Index Wednesday . This is such a big market event we wanted to share some additional thoughts—10 of them in fact—on this market milestone:
- The new high secured March 9, 2019, as the 10th anniversary of the bull market. If the S&P 500 hadn’t made a new high before the next bear market, this bull would have ended short of the 10-year mark.
- Don’t fear new highs. Historically, buying stocks at all-time highs has been productive over the long term, as shown in the LPL Chart of the Day. Going back to 1950, the average 12-month gain from a new hi ... Read more

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