May

22

 Yesterday was almost an all time (close) high for the S&P 500. Will it actually happen today?

The last high was 3/27/00, about two above yesterday's close, and 1797 trading days ago. How does this compare with other wait times between new highs in the S&P 500 since January 1959 (prior all-time high considered that of February  1950)?

It turns out that the current wait is the second longest of the series; 100 shorter than the 1897-day wait which was broken on 7/17/80, but far longer than the third place wait of 819 days which ended on 3/16/72.

Here is stem-leaf of waits:

Stem-and-leaf of gap N = 776
Leaf Unit = 10

(2nd column is hundreds, 3rd column is 10s)

The arrowed row will be the end of the current wait, should that occur tomorrow or Wednesday.

(747)000000000000000000000000000000000000000000000000+
29    0   55555667778889
15    1   13344
10    1   5
9     2
9     2   5
8     3   02
6     3   7
5     4   3
4     4   88
2     5
2     5
2     6
2     6
2     7
2     7
2     8   1
1     8
1     9
1     9
1     10
1     10
1     11
1     11
1     12
1     12
1     13
1     13
1     14
1     14
1     15
1     15
1     16
1     16
1     17
1     17 (9)<<<<<
1     18
1     18  9


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