This bull market has been going strong for over eight years. And a lot of the classic warning signs are flashing red and the bears no it. UNFORTUNATELY, history shows that some of the biggest gains in the stock market occur when bull markets are about to end.
Both the S&P 500 and Nasdaq hit new highs, but trader Kenny Polcari said it "doesn't feel like there's enough guts" to the market right now.
The S&P 500 and Nasdaq Composite close at fresh records on Thursday as U.S. stocks advanced for a sixth straight session, thanks in part to big gains in shares of Best Buy after quarterly results.