Article Image

Dow Jones Futures Fall, Tech Futures Rise As Earnings Season Kicks Off; 4 Tech Giants In Or Near Buy Zones

Posted Date: July 13 2021
Dow Jones futures and S&P 500 futures were lower, while Nasdaq 100 futures rallied early Tuesday, as earnings season kicked off. SPCE stock plunged 17% Monday on a stock offering, while Tesla stock surged.
On Monday, the Dow Jones Industrial Average rallied 0.4%, closing just below 35,000. The S&P 500 moved up 0.3%, while the Nasdaq rose 0.2%. Dow Jones investment banks Goldman Sachs (GS) and JPMorgan (JPM) will kick off earnings season Tuesday with earnings ahead of the open.
Among the Dow Jones leadersApple (AAPL) lost 0.4% Monday, while Microsoft (MSFT) moved down 0.2% in today's stock marketMcDonald's (MCD) moved down less than 0.1% and is just below a new buy point.
Tesla (TSLA) raced 4.35% higher Monday, as it continues to rebound from its key support levels. Virgin Galactic (SPCE) plunged over 17% after the company announced a $500 million stock offering.
Among the top stocks to buy and  watch, PayPal (PYPL), Roku (ROKU), Shopify (SHOP) and Square (SQ) are in or near new buy zones.
Microsoft and Shopify are IBD Leaderboard stocks. Roku is an IBD SwingTrader stock. PayPal and Square were featured in this week's Stocks Near A Buy Zone column.

What do you think? Please email us any questions or comments.

Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only.For more information, see our Legal disclosures here.

Related Article

Loading...