Quote:
Originally Posted by Caymus
What time period? The S&P and Nasdaq set record highs todays.
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Since Thursday morning.
Many indices seem to be up over two days but the S&P and Dow are in the 0.3% range. NASDAQ did better. Up, yes, but not “off to the races.”
Record highs? Sure, those indices closed higher than the day before but isn’t that what we should expect in general? More ups than downs mean highs occur several times per month. Technically, each high is a new record even if only a 0.01% increase. Anyone in the market for the long term is planning on seeing record highs on a regular basis.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.
Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough
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