It's been a year since stocks last made and all-time high, the first time that's happened since 2012.
Despite the lack of progress, however, one noted technician is getting bullish on stocks.
"We think we could possibly seeing some returning strength in the second half of the year," said Ari Wald Oppenheimer's top technician told CNBC's "Fast Money" this week.
"It's been a frustrating year. It's been a year since we've peaked," said Wald. "It's been frustrating for bulls, it's been frustrating for bears, it's been frustrating for everyone," he added.