Today concludes the September FED meeting. Some have deemed it the "most important FED meeting of the year". You could also call today's sunrise the most important sunrise of the year.. at least until, hopefully, the sun rises again tomorrow. And let's not forget about the weekend. The sunrise on Monday is equally as important. Come Monday that sunrise will have a lot more relevance to us than the sunrise that occurred today. Although without today's sunrise, Monday's sunrise would never have been possible.
The market continues to soar after the Presidential election. Such a large swift move usually comes with many traders calling for a top, or at least a pull back. And if we've learned anything since the March 2009 lows, it's that any rally can go far further than expectations, and that while a pull back may come at some point, trying to time it is usually a failed endevour. I don't think it will be any different this time around.