Is there any significance for the S&P 500 to break 3000?

Discussion in 'Stock Market' started by MarathonMike, Jul 3, 2019.

  1. MarathonMike
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    MarathonMike Platinum Member

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    We are a few points from this historic level. Is this just a number, or does it present a valuation obstacle for the market? Does it force investors to think that maybe the market is getting pricey or will breaking 3000 lead to another leg up?
     
  2. Cellblock2429
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    Cellblock2429 Gold Member Gold Supporting Member Supporting Member

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    /——/ It’s just a number but retail investors will get spooked. Always happens. I remember the hysteria when the Dow touched 10,000.
     
    • Agree Agree x 1
  3. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    Aside from the cool hats they'll wear on the floor of the exchange......no.
     
    • Funny and Agree!! Funny and Agree!! x 2

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