Stocks notched their biggest gains in almost two weeks, as investors bid up stocks ahead of key economic data and the prospect of additional stimulus from the ECB. Friday’s U.S. payrolls data could offer further clues on the Fed’s course too. The ECB meets on Thursday. Lets not forget that the fed has their last meeting of the year in a few weeks, but Yellen also speaks this Wednesday and Thursday. Should be an interesting and active balance of the week.
The Dow gained 168 points, or 1%, to 17888. The S&P rose 1.1%, while the Nasdaq added 0.9%.
I took a partial profit on IDTI and removed VRTX from the list. I also raised some stops, so take a look if your following.
Tonight I am adding ZEN as a new stock. Buy price 26
See you in the morning.