Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally lost ground last week, but found support at key levels.
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But the ultimate test for investors: Are you making money in the current stock market rally?
Apple stock, Facebook (FB), Nvidia (NVDA), DocuSign (DOCU) and Snap (SNAP) are all near buy points
Apple (AAPL), Nvidia and Snap stock are on IBD Leaderboard. Nvidia stock is on SwingTrader. Nvidia and Snap stock are on the IBD 50.
The video embedded in this article highlights Facebook stock, DocuSign stock and Goldman Sachs, as well as providing market rally analysis.
Dow Jones Futures Today
Dow Jones futures begin trading at 6 p.m. ET on Sunday, along with S&P 500 futures and Nasdaq 100 futures.
Remember that overnight action in Dow futures and elsewhere doesn’t necessarily translate into actual trading in the next regular stock market session.
Join IBD experts as they analyze actionable stocks in the stock market rally on IBD Live
Coronavirus News
Coronavirus cases worldwide reached 211.55 million. Covid-19 deaths topped 4.42 million.
Coronavirus cases in the U.S. have hit 38.39 million, with deaths above 644,000.
The FDA is ready to give full approval to the Pfizer (PFE) and BioNTech (BNTX) coronavirus vaccine as soon as Monday.
Stock Market Rally
The stock market rally rose solidly Friday, paring weekly losses and ending near the best levels of the week.
The Dow Jones Industrial Average sank 1.1% in last week’s stock market trading. The S&P 500 index fell 0.6%. The Nasdaq composite declined 0.7%. The small-cap Russell 2000 retreated 2.6%.
Among the best ETFs, the Innovator IBD 50 ETF (FFTY) retreated 1.1% last week, while the Innovator IBD Breakout Opportunities ETF (BOUT) slumped 2.4%. The iShares Expanded Tech-Software Sector ETF (IGV) closed just above break-even, with Microsoft (MSFT) and Adobe (ADBE) key contributors. The VanEck Vectors Semiconductor ETF (SMH) sank 2.3%.
SPDR S&P Metals & Mining ETF (XME) plunged 9.3% and Global X U.S. Infrastructure Development ETF (PAVE) fell 2.9%. U.S. Global Jets ETF (JETS) skidded 5.1%. SPDR S&P Homebuilders ETF (XHB) gave up 1.9%. The Energy Select SPDR ETF (XLE) plunged 7.1% and the Financial Select SPDR ETF (XLF) 2.3%.
Reflecting more-speculative story stocks, ARK Innovation ETF (ARKK) fell 3.6% and ARK Genomics ETF (ARKG) 3.1%, despite Friday bounces.
Five Best Chinese Stocks To Watch
Facebook Stock
FB stock fell 1.05% to 159.37 last week, but rebounded late in the week from its 50-day line. You could buy Facebook stock off of that, but it’s already tested the 50-day/10-week line a couple of times recently. Perhaps a trend line break or the Aug. 16 high of 366.95 would be a better trigger. FB stock also is four weeks into a possible flat base.
Apple Stock
Apple stock cleared a short consolidation this past week with a 150.10 buy point, but soon pulled back modestly to its 21-day line. A move above Tuesday’s all-time…
Read More: Dow Jones Futures: Market Rally Rebounds Bullishly But Does It Pass