Dow Jones Futures Rise Amid Market Rally Warnings: AMZN Stock Near Buy On Amazon Prime Day; Bitcoin Tumbles

Posted Date: June 21 2021
Article Image
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.

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.
Loading...