It‘s astounding how robust the S&P upwards trend is these days. Today we climbed above 6,500 points and marked a new ATH. Closing was at 6,505. That is a YTD performance of almost +11% and a juicy +35% since the drawdown in early April because of the tariff FUD.
The stock market in the US is strong these days, driven by the Mag7. How much further could this lift us? Air is getting thinner imo but well, market shortterm is a surprise machine. We could even see 7k this year if rate cuts kick in. Who knows?
