The S&P 500’s 200-day moving average has closed at a new all-time high everyday for more than a yr now.

The s&P 500 has gone more than a year without a 5% correction.  Since 1928, this has only happened 5 other times with 1995-1996 the last time.

Since 1950, 91% of all years had at least a 5% correction in the S&P 500.  54% of all year’s corrections were at least 10%.  Only one so far in 2017, an almost unnoticed 2.8%.

Hat tip Ryan Detrick of LPL Reasearch