The CEO of Charles Schwab emphasizes the importance of time in the market, not timing it, amid the stock market’s record highs. Big Tech companies like Microsoft, Alphabet, and Nvidia have driven the market rally, with the S&P 500 up 13% and Nasdaq up over 16% year to date.

Schwab clients are more active, with trading up 30% compared to last year. Margin balances are at an all-time high, and more customers are using options. Despite clients’ enthusiasm, there is caution due to market elevation, with nervousness about the market’s high levels.

Investors are also focused on the Federal Reserve’s rate cuts and potential market impact. The market rally has been concentrated on a few megacap stocks, leading to concerns of overheating. If these leaders stumble, the broader indexes could lose ground quickly.

Read more at Yahoo Finance: Don’t try to time the market