The $S&P 500(.SPX)$ hit a new all-time-high of 5,500 yesterday. That is the index's 31st time it has hit a new all-time-high in 2024! Increasing, more and more experts are coming on TV to say that the market will crash soon. Is the market hitting a new high a bearish signal? History says no. Since 1950, the $S&P 500(.SPX)$ Has Set 1,250 All-Time Highs along the path to its current level. That’s an average of 16 All-time-highs a year If you break it down by decades, the 1990s had 300 all time highs made. This decade was one of the most bullish, with the S&P 500 gaining +312%. The 2000's had only 13 all time highs. The 2000's was one of the most bearish decades, which saw the dot com crash and G
GOOG Hits New High! Is it Still a Buy After Surge?
Alphabet jumped 12% in extended trading after significantly beating estimates. EPS: $1.89, higher than estimates of $1.51 Revenues: $80.54 billion, exceeding expectations of $78.59 billion. The search giant also authorized its first ever dividend, as well as a $70 billion buyback. ---------------- Is it still a buy after the financial report surged? What's your target price for Alphabet?
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