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Dow Jones Futures: Tesla, Nvidia Lead 'Hard Penny' Market Rally Retreat; IBM Flirts With Breakout, Netflix Near Buy With Earnings Due

April 20 2021
Dow Jones futures fell modestly Tuesday morning, along with S&P 500 futures and Nasdaq futures. The stock market rally had a rough Monday for growth names, including but definitely not limited to Tesla (TSLA), Square (SQ) and Nvidia stock.
Chip breakouts struggled with software names faltering around their 50-day line.
While the major indexes all remain near record highs, it's been a "hard penny" market, according to famed investor Mark Minervini on Monday's IBD Live. Even with the stock market rally trending higher, entering a Power Trend on Friday, it's been a tough environment for making slim gains.
 

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