Through the end of May, the S&P 500 has experienced 24 new all-time highs this year alone. Volatility has been relatively low for some time now. We haven’t had a 2% down day on the S&P 500 in well over 300 trading days: {chart} That’s fast approaching the longest streak without a nasty down day over the past 10 years. The S&P 500 is up around 11% for the year on a total return basis. That’s pretty good considering it was up more than 26% in 2023. If you stayed the course by continuing to plow money in your 401k, IRA or brokerage accounts during the 2022 bear market, the market value of your portfolio has never been ... (full story)