A lower-cost way to play the S&P 500’s run to 5,000

Source: cnbc.com cnbc.com

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The S & P 500 once again closed at a new all-time high, achingly close to 5,000 for those enamored of nice round numbers. Perhaps there's a specially embroidered hat in one of those NYSE booths waiting to be donned when the hammer drops above 5,000? Astonishing as it may sound, if this year delivered another blockbuster as 2023 did, a conversation about the S & P 500 cresting 6,000 might get started around Christmas. Is that even possible? What got us here, and what would have to follow to get us there? .SPX 1Y mountain S & P 500,...