The market technicians are turning bullish after we finally broke through the old high of 2134 during May 2015. These are kind of meaningless statistics as none of the other periods match up very well with this one, but since 1928, when the S&P 500 has gone at least one year without making a 52-week high on 20 occasions, 19 of the 20 the S&P 500 was higher a year later for an average return of 22.2%.

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Market in a Minute 2016-7-12