Since peaking out at 2,130.82 (on a closing basis) last May, the S&P 500 has seen its share of volatility. Despite the big swings, though, the index is currently within 3% of that all-time closing high from one year ago. Come this weekend, though, the S&P 500 will have gone a year without making a new 52-week high. While that may not sound like much, given that 2014 saw the fifth most daily closes at an all-time high on record, it has been a bit of an adjustment period for investors.
In a B.I.G. Tips report just sent to Bespoke Premium and Bespoke Institutional members, we looked at prior periods where the S&P 500 went at least a year without closing at a 52-week high. For each period, we also included an analysis of the S&P 500’s performance in the weeks and months following.
See the full B.I.G. Tips report by signing up for a monthly Bespoke Premium membership now. Click this link for a 10% discount ($89/month).