Serious q - if I worked for a serious investing group, would I have a better understanding of why spy/spx actually move the way it does? the range and its movement are tricky af and squeeze tf out of retail.
Not yet, they said the same thing about 100 times in 1995 and 1996 and were wrong every time.
Data:
In 1995, the S&P 500 set a record for the most record-high closes in a calendar year, with 77 new highs, while the [Dow Jones Industrial Average](https://www.google.com/search?sca_esv=20f6847e24f004ff&cs=0&sxsrf=AE3TifNchRlFHEYYHP0Wa_j42co02Y9PUw%3A1757647827223&q=Dow+Jones+Industrial+Average&sa=X&ved=2ahUKEwjLxOaypNKPAxW2DTQIHcHkAo4QxccNegQIAxAB&mstk=AUtExfCp-l9-jY6OAxmCPPAnEVOPjVgK-JZsZ4cgApbqAp3z_C8rQgB6puvSHavH701i-04KwRkpyTKIAYhWNTCJ38TweBxQcH7stePN3UkVdfjSJKqgBteoPGl8lHwo4TzJCRn1I1TyHlGnesuIIDUyY86i1i9614o0--N-cTFgBFyBQya8MeBZv76B1rcBBTyXw9gR4rIQF9xbsWuZ59R4ppOa_i12sXV30BBZfRWOWvDLZao222g0wseLeAmfIpXEd2gwLTo3bbS6bEy8GPeSA6cbajWvjb9_hqTikOspy-r-hyhYvogvsMj9__R3-Sezew&csui=3) also had 69 record closes, making it one of the best performing years on record for both major indices. S&P 500 Record
* The S&P 500 had 77 record-high closes in 1995, which remains a record for the most new highs in a single calendar year.
* This was equivalent to a new high about every 3.3 trading days.