S&P 500 on Pace for 69th Record High this Year

The stock market hit a low on Boxing Day three years ago. At its intra-day low, the S&P 500 hit 2346.58. We’ve more than doubled that in three years, though I should note that there were some detours along the way.

The market is up yet again today to yet another new all-time high. We’re on pace for our 69th all-time high close of this year. That’s the most new highs of any year except 1995.

On our Buy List, we have new highs today from AFLAC (AFL) and FactSet (FDS), and Zoetis (ZTS) is close to being a 50% winner this year.

Tech is up the most today while utilities are up the least. Still, the gap between sectors isn’t terribly wide.

Posted by on December 27th, 2021 at 11:41 am


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