The SP is reaching a high note here. It is an attempt, in my judgement, to pump up financial assets, led by price manipulation and not any economic fundamentals or legitimate price discovery. It might go higher, but higher from here it looks like bubble territory, if we are not there already.
Overdue for a fairly stiff correction, but do not get in front of it for the sake of your portfolio. I would not underestimate the Fed's willingness to create a new bubble to attempt to counteract the effects of the last two. What else can they do given the hole into which they have dug themselves? It will take a serious financial reform and economic restructuring effort to correct this. Until then the looting continues. 
Joy is the experience of knowing that you are unconditionally loved, and that nothing—sickness, failure, emotional distress, oppression, war, or death—can take that love away. Joy is not the same as happiness. Joy does not simply happen to us. We have to choose joy and keep choosing it every day. We can be unhappy about many things, but joy can still be there because it comes from the knowledge of God’s love for us. Nothing, not even death, can take God away from us.
Henri J.M. Nouwen