After three weeks of waiting, the S&P 500 Index finally joined the Dow in the record books.

Last Thursday, the most widely tracked Index in the United States closed at 1,569.19 – taking out its previous all-time high of 1,565.15, which was hit on October 9, 2007.

The market hitting new records presents an opportunity for reflection. Or as Erik Davidson, Deputy Chief Investment Strategist at Wells Fargo Private Bank, says, “It is a milestone; it does cause you to stop and evaluate where you are and where you come from.”

For example, this chart certainly gives some perspective:

A Gentleman from Wall Street Daily found that chart and presented it in two articles titled:

10 Startling Statistics About the S&P’s Record High (Part 1)

and….

10 Startling Statistics About the S&P’s Record High (Part 2)

Article one begins with:

Stock Stat #1: Talk of a Tired Bull… is Total Bull

So far we’re four-plus years into a bull market. And the S&P 500 has risen more than 130%.

Even though I told you not to before, it’s only natural to assume that such a sustained and significant rally is close to the longest on record. But it’s not.

In fact, this is only the sixth longest bull market since 1929 (the year the market crashed), according to an analysis by Bank of America (BAC).

….for Statistic 2- 10 go to:

10 Startling Statistics About the S&P’s Record High (Part 1)

10 Startling Statistics About the S&P’s Record High (Part 2)