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Dow Jones Futures Fall With Bull Market Rally Running; Square Leads 5 Stocks Near Buy Points

by capitalizefinancial
April 12, 2021
in Sports
0
Dow Jones Futures Fall With Bull Market Rally Running; Square Leads 5 Stocks Near Buy Points

Dow Jones futures fell slightly Sunday night, along with S&P 500 futures and Nasdaq futures.

The stock market rally continued to strengthen last week, with the S&P 500 index and Dow Jones hitting record highs while the Nasdaq delivered a second straight strong weekly gain.

After weeks of wondering if a split market rally would survive, the Dow Jones and S&P 500 are at risk of becoming extended, raising the odds of a pullback.

Floor & Decor (FND), Square (SQ), JPMorgan Chase (JPM), Mosaic (MOS) and Apple (AAPL) supplier Skyworks Solutions (SWKS) are stocks in or near buy zones that offer some portfolio diversity amid a still-tricky market rally.

Megacap techs were big winners, with Microsoft (MSFT), Facebook (FB) and Google parent Alphabet (GOOGL) breaking out while Apple stock and Amazon.com (AMZN) jumped as they try to shake off months of sluggish action.

All five stocks are S&P 500 and Nasdaq members, with Apple stock and Microsoft also Dow components. So when these giants get going, the major indexes do too.

Read More…

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