All right, guys, thanks so much. Welcome to Closing Bell and Scott Wapner Live from Post 9. Here at the New York Stock Exchange. This maker breakout begins with stocks at record highs. A new Trading Month begins, and we will ask our expert what May might hold, including that man right there. Funstratt's Tom Lee. He'll join me in just a moment. In the meantime, I'll show you the scorecard with 60 to go in regulation. All but the Dow have been green for most of the day, and it's just a fractional loser today.

Apple is clearly the standout following its strong quarterly results.

We'll speak with analyst Eric Woodring coming up in just a bit, and he just did something to his price target, too.

We'll tell you exactly what.

Microsoft and Amazon, another reason why tech is leading the way today.

A big day as well for Oracle and Palantir. We'll follow both of those names. Nice gain, especially for Oracle.

Some of the cyber names doing pretty well. How about Bitcoin? We haven't talked about that that often.

Lately anyway, knocking on the door of 80,000 yet again. It takes us to our talk of the tape, the record run for stocks,

and how much momentum is really left in this market.

Well, let's ask Tom Lee.

He is Fund Stratt, head of research, a CNBC contributor,

and he is live as you see.

Welcome back.

Great to see you, Scott.

Man, you nailed this thing.

You really did.

You had a sense that this market was

coiled for a really big springback, which we've had. So what do we do now? Well, one, I think

the market's rising for the right reason, Scott, because it's rising because the tail risks are

abating and we've had good fundamentals. In fact, earnings have been good enough that estimates are going

up. And the leadership is coming from the groups that we want to see, you know, which has been

the Mag 7 and the tech and the cyclicals.

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