On Monday, the S&P 500 recorded its 51st all-time high of the year. If that sounds impressive, it is! Since 1950, only 7 years have had more all-time highs, and with over a month to go, 2024 could climb even higher in the rankings. A little historical perspective: Out of the 75 years since 1950, […]
Yesterday, small caps, as represented by the Russell 2000, closed up an impressive 5.8%, marking the 27th best one-day return since 1979. Let’s put this into context and explore what it might mean for the market moving forward. How Rare Are These Moves? Over the past 45 years, spanning more than 11,500 trading days, daily […]