Dow Jones futures rose modestly Monday morning, along with S&P 500 futures and Nasdaq futures, reversing higher from overnight losses. That follows a wild week for the stock market rally, in which the Nasdaq held near highs while the Dow Jones and S&P 500 index broke key support.
Amazon.com (
AMZN) is in focus with Amazon Prime Day beginning Monday. For investors, this could soon be a prime time to buy Amazon stock.
Snapchat parent
Snap (
SNAP),
PayPal (
PYPL),
Vale (
VALE) and
Intuitive Surgical (
ISRG) are also near buy points. PYPL stock is in a buy zone now, while Snap, Vale and ISRG stock are closing in on entries.
PayPal stock is on
IBD Leaderboard and
IBD Long-Term Leaders. Snap stock is on the
IBD 50.
Investors also could consider buying an ETF such as iShares Expanded Tech-Software Sector ETF (
IGV) or ARK Innovation ETF (
ARKK).
What do you think? Please email us any questions or comments.
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