from Jason Goepfert on X

S&P 500 $SPY closed at a record high.

With twice as many lows as highs on the NYSE.

Here’s every date the S&P closed at a record and the NYSE low/high ratio was > 2:

6/22/29…2.1
12/3/99…2.0
12/21/99…4.2
12/22/99…4.1
12/23/99…2.3
12/29/99…2.4
10/6/26…2.6