The 2-year-old bull market has just done something that shows it has further to run

By Jamie Chisholm – Market Watch

Saturday marks the two-year anniversary of the current bull market. Since hitting its cycle bottom on Oct. 12, 2022, the S&P 500 

SPX0.61% is up nearly 62%. The stock barometer has gained 21.2% already in 2024, registering 44 record closes along the way.

Inevitably, those of a bearish bent have been getting more anxious as the S&P 500 ascends into the rarefied air near 6,000. At such peaks dizzy climbers are more prone to silly mistakes, they warn.