The markets traded up strongly today. SPX closed at $2108, up $19. Both RUT and NASDAQ gapped open higher, with RUT closing at $1266, up $11 and the NASDAQ closing up $34 at $5026. RUT set another all-time high today, and NASDAQ is nearing its all-time high at $5049. Trading volume on this expiration Friday would have been higher anyway, but I think the bulls stampeding increased it even more so. Trading in the S&P 500 stocks hit 3.4 billion shares; trading volume on the NYSE rose 87% and trading ran up 55% on NASDAQ.

There wasn't any significant economic data reported today, so I guess we are still riding the FOMC announcement euphoria. One of my newsletters headlined with something to the effect that the Fed has written a blank check - here is how you cash in. The IBD Big Picture technical indicator had not yet posted as I write this, but I suspect their "Uptrend Under Pressure" will shift to "Confirmed Uptrend" tonight.

SPX settled at $2099.02, up $9.60 from yesterday's close. The average move for 2014 was $8.74. RUT had not yet posted its settlement value at the time of writing and I can't hang around; I'm taking my honey out to dinner (yes, I am referring to my wife).

Enjoy your weekend.