S+P 500 rises to a new record above 5,200

The price action across the US stock markets is pretty frenetic this evening and we have seen many sharp swings across the Dow Jones and the Nasdaq 100 since the Fed decision. At the same time the S+P 500 has now risen above 5,200 this evening for the first time ever. The high so far has been set at 5,210. To be honest, it looks like the Fed has delivered little this evening to deter the bulls and unless Powell does that in the next 15-20 minutes, it looks like the S+P 500 is on course for a record close this evening and perhaps above that 5,200 level as well