The S&P 500 closes at a new record high of 4839 on Friday. It has been almost two years since the index made a new record high. The previous record high was set on 4 Jan 2022 so it has been a little more than two years since the record was refreshed. During these two years, we saw the slump in the market during 2022 when the index had a negative return of almost 20%. Back then, I think I have highlighted that the market always recovers. While individual stocks might never recover, the same couldn't be said about the market. The market always recovers and makes new highs. And here we are here again, witnessing the index making yet another new high after two years. To be very exact, it is about 512 trading days. In the market history, there are a few other occasions when the market fails to make a new record high within 500 trading days. 24th Sep 1958: 539 trading days 6th March 1972: 810 trading days 17th July 1980: 1897 trading days...