Dow Jones futures were little changed Monday morning, while S&P 500 futures and Nasdaq futures fell modestly. Treasury Secretary Janet Yellen said Fed rate hikes would be a "plus," echoing previous comments earlier this year. Meanwhile, Tesla
) CEO Elon Musk said the Model S Plaid+ has been cancelled, saying the soon-to-launch Plaid is "just so good."
The stock market rally had a dramatic turnaround Friday, with the S&P 500 closing at a record high while the Nasdaq rebounded bullishly back above its 50-day line.
Google parent Alphabet
) and Dell Technologies
) are all near buy points
. Google, Dell and DOCU stock are already flashing early entries.
Notably, all five boast multiple quarters of accelerating earnings and sales growth. Superior fundamentals are a great foundation for winning stocks.
On Sunday, Musk tweeted that the Tesla Model S Plaid+ has been "cancelled." He said, "No need, as Plaid is just so good."
Tesla Model S Plaid+ deliveries had been set for mid-2022, pushed back from late 2021. The EV maker had recently stopped taking orders on the Plaid+.
The Model S Plaid+ was supposed to use the upcoming 4680 battery cells. Tesla has promised big improvements with the 4680 batteries, but mass production may not occur until well into 2022.