Stocks to Rally on Iranian Deal

This should be a very quiet week of trading. The market looks to open higher this morning thanks to the Iranian Nuke deal this past weekend. The only news that I’m looking forward to is tomorrow’s update on Q3 GDP. Outside that, this week will probably be very dull.

I want to comment on the painful day that Ross Stores ($ROST) had on Friday. While the stock opened much lower, it gradually gained ground during the day. By the closing bell, Ross had lost 5.7%.


The stock is still higher than where it was one month ago, and it’s still outperformed the S&P 500 over the last two months.

Posted by on November 25th, 2013 at 9:22 am

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