All right, thank you, Kelly.

Welcome to Closing Ebell.

I'm Mike Santoli in for Scott Wopner.

This make or break hour begins with stocks drifting

toward a soft land and get a new record high

for the key market benchmark.

The S&P 500 is just a fraction of a percent away

from completing a two-year round trip

to its old January 2022 peak.

That's at about 4797 would be a new record high now since that

point in January 2022 the Fed has jacked the policy rate more than five

percentage points constant recession bets have come up

at the end.

In recent months, a radically narrow market leadership has given way to convincingly

broad rally, all of which brings us to our talk of the tape.

Is this approach of all-time highs a chance for investors to cash in

to break even or confirmation that a young bull market is

gathering steam into 2024.

Let's ask 314 research co-founder Warren Pies.

Warren, it's great to have you here.

How are you doing?

I'm good.

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