New all-time highs in the S & P 500 have been welcomed by investors in the wake of the Federal Reserve going big on their first rate cut. Yet, the sustainability of this near year-long rally is being questioned. The SPDR S & P 500 is up nearly 20% year to date, I want to spend some of my remarkable 2024 profits on downside protection in the event a breather to the rally or a downturn is imminent. .
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