In the matter of seven trading days, the Dow went from 25,000 to 26,000. This landmark came following the opening bell last Tuesday, setting the record for the fastest rise between 1,000 point barriers.

The Dow’s rise above 26,000 was short, as the Dow lost momentum though as the day went on before closing down, which erased a gain of about 300 points. No obvious incitement for the pullback could be determined; as of this Tuesday, the Dow has comfortably surpassed the 26,000 point margin.

Regardless of last Tuesday’s market closing, the Dow has spiked more than 7,000 points ever since President Trump’s election. The stock market boom has illustrated immense excitement on Wall Street about new record corporate profits and strong economic growth at home and abroad, all of which that could be increased by the recently passed GOP tax overhaul.

However, the recent escalation in the stock market has been raising concern among some that things are getting out of control. This may justify the more heedful approach in afternoon trading following last Tuesday’s drop in the Dow. Some investors believe the rapid price increase is a result of worldwide sentiment, being that of fear of missing out on gains, rather than typical investment fundamentals. According to an article in USA Today some investors fear the the stock market is possibly experiencing a “euphoria phase”, which is considered to symbolize the final stages of a bull market.

While the current stage of the market is said to maintain higher share prices and significant investor confidence, it also provides newer investors that join the market who are worried on missing out on the growth even though the market is offering much larger prices. This sort of frenzy investment can propel a bull market even further. More so, the incoming tax cuts for 2018 promise to boost the profits of most US companies and also temporary cuts for individuals may encourage market demand.

As of now, both the US and the global economy is witnessing plentiful growth and a recession, which would prove to be a bull market killer, is nowhere in sight. Analysts believe US GDP growth is expected to make its way back to around 3 percent this year. While the market continues the rise as the Dow and S&P 500 continue to see gains, the fortune of this years market has begun to already outrun Wall Street targets.