This week’s chart of the week highlights an encouraging trend for long-term investors. Historically, after the S&P 500 reaches an all-time high, it tends to keep moving higher rather than signaling the end of the rally. In fact, the U.S. stock market has gone on to make another new high about 81% of the time within a week, 93% within a month, and 99% within a year. While it may be enticing to wait for a market pullback, the data suggests new highs are more often a sign of underlying strength than a warning signal. Staying invested through these periods has historically been rewarded, particularly for those with a long-term perspective. For investors, this serves as a reminder that avoiding markets simply because they are at highs can mean missing out on continued upside.