FYI: The S&P 500 notched yet another new all-time high yesterday. Below is an updated look at our tables highlighting the length of days it has been since the last meaningful pullback.
As shown, we’re now at 445 days since the last 3%+ pullback (a record), 575 days since the last 5%+ pullback (18 days from a record), 712 days since the last 10%+ pullback (not close to a record), and 3,242 days since the last 20%+ pullback (2nd longest).
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/the-energizer-market/