--- title: The Only Chart You Need to See About Record Market Highs description: Media pundits love to make a big deal of new stock index peaks, but, as this chart shows, they are actually surprisingly common. authors: - name: Susie Poppick url: https://money.com/author/susie-poppick/ at_money_since: 2013 articles: 117 covers: - Investing - Banking - Business - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Housing - Identity Theft - Insurance - Lifestyle - Loans - Personal Finance - Retirement - Shopping - Taxes - Technology social: - https://x.com/susiepoppick former_staff: true published: '2014-11-11T17:10:19.000Z' modified: '2024-04-16T04:42:19.000Z' section: Investing tags: - Bubble - DJIA - Dow - dow jones industrial average - Josh Brown - market bubble - record high - S&P 500 - stock market word_count: 201 canonical: https://money.com/stock-market-record-dow-sp500/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Trader on NYSE Stock Market Floor](https://img.money.com/2014/11/141111_inv_onlymarketchart.jpg) The stock market reached new record highs on Monday, with the Dow and S&P 500 indexes closing above 17,613 and 2038, respectively. As usual, the occasion was cause for skeptics to raise concerns that we are in the midst of a [market bubble](http://seekingalpha.com/article/2669385-the-dow-30-are-we-up-for-bubble-trouble). But the headline numbers obscure a simple point: Record market highs are not unusual during a bull market—at all. As shown by the chart below, courtesy of my colleague Pat Regnier, record highs can occur again and again for years before the market tumbles. ![Screen Shot 2014-11-11 at 10.36.40 AM](https://img.money.com/2014/11/screen-shot-2014-11-11-at-10-36-40-am.png) *Source: http://ycharts.com/* That's not to say that another market tumble is completely out of the question. After all, even at the lowest point of the October market slump, stock valuations were at or near historic highs. But the simple fact of new nominal highs in the market's major indexes is not by itself reason for concern. As investment adviser and [blogger](http://thereformedbroker.com/) Josh Brown points out in the video below, the market has been hitting new highs about once a month on average over the past 65 years. Read more on... - [Getting Free Help With Your Investment Challenges](https://money.com/fix-my-mix/) - [What Is a Fiduciary, and Why Should You Care?](https://time.com/nextadvisor/) - [A Smart Way To Boost Your Tax-Free Retirement Savings](https://time.com/nextadvisor/banking/savings/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/stock-market-record-dow-sp500/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Investing", "item": "https://money.com/investing/" }, { "@type": "ListItem", "position": 3, "name": "Stocks", "item": "https://money.com/stocks/" }, { "@type": "ListItem", "position": 4, "name": "The Only Chart You Need to See About Record Market Highs" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/stock-market-record-dow-sp500/#webpage", "url": "https://money.com/stock-market-record-dow-sp500/", "name": "The Only Chart You Need to See About Record Market Highs", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2014-11-11T17:10:19.000Z", "mainEntity": { "@id": "https://money.com/stock-market-record-dow-sp500/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/stock-market-record-dow-sp500/#breadcrumb" }, "dateModified": "2024-04-16T04:42:19.000Z" }, { "@type": "Article", "headline": "The Only Chart You Need to See About Record Market Highs", "articleSection": "Investing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2014/11/141111_inv_onlymarketchart.jpg", "width": 3000, "height": 2000, "caption": "141111_INV_OnlyMarketChart" }, { "@type": "ImageObject", "url": "https://img.money.com/2014/11/screen-shot-2014-11-11-at-10-36-40-am.png", "width": 800, "height": 281 } ], "author": [ { "@type": "Person", "name": "Susie Poppick", "url": "https://money.com/author/susie-poppick/", "@id": "https://money.com/author/susie-poppick/#author", "image": "https://img.money.com/2014/05/14-05-21_bio_author_poppick.jpg?quality=85&w=190&h=190&crop=1", "email": "susie_poppick@moneymail.com", "sameAs": [ "https://x.com/susiepoppick" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2014-11-11T17:10:19.000Z", "description": "Media pundits love to make a big deal of new stock index peaks, but, as this chart shows, they are actually surprisingly common.", "abstract": "Media pundits love to make a big deal of new stock index peaks, but, as this chart shows, they are actually surprisingly common.", "@id": "https://money.com/stock-market-record-dow-sp500/", "inLanguage": "en-US", "dateModified": "2024-04-16T04:42:19.000Z", "wordCount": 201, "keywords": [ "Bubble", "DJIA", "Dow", "dow jones industrial average", "Josh Brown", "market bubble", "record high", "S&P 500", "stock market" ], "about": [ { "@type": "Thing", "name": "Investment", "sameAs": [ "https://en.wikipedia.org/wiki/Investment" ] }, { "@type": "Thing", "name": "Stock", "sameAs": [ "https://en.wikipedia.org/wiki/Stock" ] } ] } ] } ```