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When the S&P 500 set all-time highs on

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TREND1 Member Level  Saturday, 05/11/19 02:32:26 PM
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When the S&P 500 set all-time highs on May 23rd, it was the first time it had finished in record high territory since September 20th of last year, a period of 215 days.

Historically, a span of 215 days or more has proven to be a prelude to additional gains.

The table on page 2 tracks the performance of the S&P 500 after all of the times it went at least 215 days between all-time highs going back to 1954.

As you can see, it then proceeded to gain 2.4%, 5.9%, and 13.4% over the next 3, 6, and 12-month periods.

Not one bear market took place over the next 12 months. In fact, the S&P 500 finished higher 14 out of 15 times.

The percentages in the table are without dividends.
When dividends are factored in, the gains over the following 12 months averaged 16.5%.

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hold no position. Do not short. Do not trade options
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