The markets finished the day positive again today, setting record highs once more as Janet Yellen wrapped up her testimony on capitol hill. The Dow 30 was up another 108, the S&P 500 added another 11, and the Nasdaq 100 gained 36. Despite the move higher today traders ran towards the VIX for protection as more and more believe this rally is well over done. The (VXX  ) was up over 3% today 

Tomorrow traders will have news on manufacturing, unemployment claims, housing starts and natural gas storage to digest. With this level of news (in addition to any political news, and options expiration) the market is sure to provide some excitement into the weekend.

Apple (AAPL  ) shares once again moved to new highs (+0.36%) today as investors chased the king of investing, Warren Buffet. The media focused in on Warren Buffett's  position in Apple which has now quadrupled in size. As of the end of 2016  his total investment is now a whopping 57.4 million shares. Apple has been on a straight up, vertical rally since reporting earnings and today's news gave it more fuel to push to new highs.

Fortress Investment (FIG  ) shares had a very strong day today gaining 28.66% as the private equity firm announced it would be bought by Japan's tech conglomerate Softbank for $3.3 billion in cash. Analysts reported that the deal works out to $8.08 a share. The deal comes after Softbank founder Masayoshi Son announced in October it was teaming up with Saudi Arabia to set up a $100 billion technology fund.

PepsiCo (PEP  ) announced earnings and revenue for the fourth quarter that were better than expected but that was unable to send shares higher today (-0.21%). Revenue rose 5% from a year ago thanks to "stronger demand for healthier beverages and snacks in North America," but investors chose to focus on the company saying that the "strong dollar hurt results overseas and that challenges in the global economy will continue this year."