Stocks are taking off. Now up a bit less than 1%.

Romney rally? It could be, since there's no equivalent rally happening in the European sovereign bond market, so it would imply that the rally is based on something stateside.

A couple other quick points:

It's pretty well accepted dogma on Wall Street that Romney would be better for stocks.

Also, stocks got a bit of a lift last night right after the Romney victory.

The Romney win was the #1 talking point on morning analyst notes today.

Bottom line: Quite plausible.

Also noteworthy is that volume is on the high side today.