The 'phenomenal' tax plan rally continues

The stock market rally that started when Trump revealed a 'phenomenal' tax plan is coming in the next two weeks sent the S&P 500 to a fresh record high today.

The index is trading 9 points higher as Trump hopes and solid earnings propel the rally.

It's tough to find meaningful resistance at an all-time high but the index is butting up against the channel top of the 2017 trend.