The Stock Market Is Roaring Past Record Highs: The 2 Worst Mistakes Investors Can Make Right Now
The S 500 (SNPINDEX: ^GSPC) has surged through 24 record highs in 2024 after going more than 500 trading days without a single one. Factors contributing those gains include anticipated interest rate cuts and excitement about artificial intelligence (AI), both of which promise to stimulate economic growth.
Indeed, Nvidia has become the quintessential AI stock, and it is responsible for about one-third of the gains in the S 500 year to date, according to . Much like the chipmaker's string of stellar financial reports, investors are apt to wonder how much longer the S 500 can maintain its momentum without a correction.
Here are the two worst mistakes investors can make right now.
Source Fool.com