NEW YORK (TheStreet) --The Dow Jones Industrial Average, NASDAQ, and S&P 500 all closed in the green on Thursday.
"The important thing is, we're continuing to get a reasonably broad rally. Bank stocks are at 52-week highs and even a few other oddballs, Chevron (CVX) is at a 52-week high," CNBC's Bob Pisani said on "Closing Bell" this afternoon.
Chevron is seen as "the oddball" due to the recent decline in oil prices, however, it's still indicative of the "Trump Rally" broadening out.
Furthermore, during a speech on Capitol Hill today Federal Reserve chair Janet Yellen reiterated the strengthening case for an interest rate hike taking place in December.
"The economic news today was really supportive [of the rate hike], housing starts numbers and the lowest jobless claims in 43 years," Pisani noted.
However, he pointed to one sector he's keeping a close watch on.
"The big problem is retail investors are starting to get very bullish and that worries me a little bit," Pisani said.