Limitless? Dow Gains 130 Points…and 20,000 is a Possibility Once Again

Stocks finally broke to the upside today following days of muted trading, putting the Dow Jones Industrial Average within spitting distance of 20,000 once again. The S&P 500 has risen 0.7% to 2,280.89 at 2:14 p.m. today, while the Dow Jones Industrial Average has advanced 132.20 points, or 0.7%, to 19,932.05. The Nasdaq Composite has gained 0.8% to 5,596.56. Dow 20,000 is now less than 98 points away. What will it take for more upside? Don't look for under-allocated investors to put into stocks, say Evercore ISI's Dennis DeBusschere and team: