On February 14, 2025, the S&P 500 index, represented by the SPDR S&P 500 ETF Trust (SPY), reached a new all-time high, marking a significant milestone in the stock market. The index not only achieved this high but also closed at its highest weekly level ever. Concurrently, the equal-weighted NASDAQ 100 index also broke out to a new all-time high, gaining over 1,127 points from its 2024 closing levels. Despite these record highs, market sentiment appeared cautious, with expressions of fear noted among investors, suggesting a 'climbing the wall of worry' mentality as the market continues its upward trajectory.