..S&P500 hit another all time high overnight, with an intraday high of 6.044 closing at 6,032
..Dow cracked 45k, with an intraday high of 45,071 closing at 44,910
..markets are now increasingly bipolar with US market outperforming Asian zone markets by a mile.
We are witnessing the greatest stock market rally of the century: The S&P 500 is on track for 2 consecutive years of over 20% annual gains for the first time since 1998. The index returned 26.1% last year and is up 27.0% year-to-date. Since the beginning of 2023, the S&P 500 has rallied 58% in total. Over the last 75 years, there were 8 other times when stocks jumped 20% for 2 years in a row. The index finished positive in 6 of the following years and fell only in 1977 and 2000. The market is making history.
https://x.com/KobeissiLetter/status/1862551255966421388
The S&P 500 closed at an all-time high today for the 53rd time this year. The only years with more all-time highs: 1995 (77), 2021 (70), 1964 (65), and 2017 (62).
https://x.com/charliebilello/status/1862562368443515207
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