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The Trump market 'melt up': Euphoria now, but January hangover may be looming

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S&P: $1T gain in equities since the election

The Trump rally has been so powerful it's starting to "melt up."

The blue-chip Dow Jones industrial average has closed higher in 17 of the 21 sessions since Donald Trump was elected president, with about a dozen record closes so far as it continues marching higher. It burst past the 19,000 mark for the first time and is now approaching 20,000.

And like a tropical storm gathering strength, the Dow just Wednesday had its largest point gain (up 297.84, to be exact) since the Nov. 8 election.