This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics.
nanticipated $900 billion fiscal bumpS&P 500 finally looks to be moving above the top of recent trading range, averting a "failed breakout" disappointment, for the moment. Even so, the S&P is now less than 1% above the intraday peak from Nov. 9 . So this is not yet escape velocity, need to see how much is first-of-month fresh money effect.