According to a recent tweet from Charlie Bilello, the S&P 500 has now gone 273 straight trading days (11-7-16 through 12-6-17) without a 3% drawdown. That is the longest streak in history! A lot of people in the industry have been trying to call the “top” in the market for a while now, but the reality is we have no idea when this could end. We’ll just have to wait and see.
Here’s what I’ve been reading this morning: