Welcome to Closing Bella, Mike Santoli, in for Scott Wopner.

This make-a-break hour begins with the Bulls running toward daylight.

The key index is headed again for more record highs, the S&P 500 galloping above there, it's never closed above there.

It's powered by a familiar formula.

AI enthusiasm, propelling high momentum semiconductor plays, widespread belief in a soft economic landing

supporting industrials and if that weren't enough Fed Chair Powell leaving

expectations of summertime rate cuts or at least one intact. The rally is relatively broad today. You got two-thirds of all

stocks higher on the New York Stock Exchange, the S&P mid-cap index, joining the big caps in record territory

and even energy coming to life just a little bit as the laggards get

noticed here.

In video, let's see where we are up about 3 or 4% all day.

3.5% there you go.

Stock working on a 6th straight daily gain and is approaching

Apple's weight in the S&P 500 right now.

So there's plenty of like out there and investors are loving it as signs of rampant optimism emerge in

surveys and elsewhere. That takes us to our talk of the tape. Can it stay

this easy for much longer? Let's ask Cameron Dawson, New Edge Wealth

Chief Investment Officer and Verus Investment Partners, Joe Terranova,

a CNBC contributor, of course. So you know that kind of lays it out I mean if you were just looking

Cameron at the behavior of the market it got overbought and it's staying that way

that's usually a sign of a pretty durable rally you're seeing this

broadening action that we saw and then with stocks at record

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