Dow Jones Futures: The stock market’s rally as earnings rise from Apple, AMD and Tesla extended to profit

Dow futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, heading into a massive earnings week for a rally in the stock market. an Apple (AAPL), Tesla (TSLA), Advanced Micro Devices (AMD), The social networking site Facebook (FB), Microsoft (MSFT) And the Larva (Never) Are the main reports to watch.


The stock market rally continued to climb to new highs last week as Apple shares and other tech giants lead the way and many IPOs take big steps. The Nasdaq has been extended, however, heading into the heart of the earnings season. If results or guidance disappoint, especially among leaders like Tesla, the reaction could be negative.

Tesla, AMD, Apple, Facebook, Microsoft, and Caterpillar stocks are all interesting technically: Apple stocks are in official buying territory, while many others are executable or close. Buy points. These are huge companies that can have a huge impact on indicators. Apple has a market cap of $ 2.36 trillion. Microsoft shares are worth $ 1.71 trillion. Tesla is valued at $ 802 billion while FB stock is worth $ 782 billion. Even AMD and CAT shares are worth more than $ 100 billion.

These giants can also catalyze moves in competitors, customers, and suppliers.

Apple’s results will reverberate across the iPhone ecosystem, including major chip makers like Qualcomm (QCOM). Tesla earnings, guidance, and stock actions could spur big moves in EV stocks like New (NIO). AMD will be key to NVidia (NVDA) And other data center chip makers. Microsoft will inform investors about the demand for computers and cloud computing – think Amazon (AMZNGoogle – and corporate software. Facebook’s earnings – and comments about political headwinds – will be important to me Twitter (TWTR), Google parent the alphabet (GOOGL), In addition to other social sites and play online ads. Caterpillar is a world leader in the economy and among many stocks cycled near the point of purchase in the mining and materials industry.

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Apple, Tesla, AMD, and Microsoft all work IBD Leaderboard. Apple stock is on SwingTrader. Microsoft stock is on Long-term leaders of IBD. AMD stock is located at IBD 50.

Apple, Microsoft, and Caterpillar stocks are a component of Dow Jones.

Dow Jones futures today

Dow Jones futures contracts will open for trading at 6 PM ET on Sunday. As well as the S&P 500 and Nasdaq 100 futures.

Remember to work on overnight Dow Jones Futures And anywhere else it does not necessarily translate into actual circulation in the next normal cycle Stock market session.

Join IBD experts as they analyze actionable stocks up the stock market on IBD Live.

Coronavirus news

The number of coronavirus cases worldwide has reached 99.04 million. The death toll from Covid-19 has surpassed 2.12 million.

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The number of Coronavirus cases in the United States reached 25.44 million, with the number of deaths exceeding 425,000.

Cases of the new coronavirus have decreased sharply over the past several days, particularly in California, but are still very high. Covid’s hospitalization appears to have peaked, with the deaths also showing some signs of the occupation.

Coronavirus vaccines are on the rise, as federal, state and local efforts are improving since a tough start. Running three-day weekends – three in the previous four weeks – has also slowed and sometimes stopped local vaccinations.

With so many new mutations of Covid, including the UK and South African strains, raising concerns of a much easier transmission, ramping up vaccines is critical to preventing another massive wave of infections.

These five stocks are close to buy points

The stock market rose last week

An overview of the US stock market today

index Code price Profit / loss % They change
Dow Jones (0DJIA) 30996.98 -179.03 -0.57
Standard & Poor’s 500 (0S & P5) 3841.47 -11.60 -0.30
Nasdaq (0NDQC ) 13543.06 +12.15 +0.09
Russell 2000 (etc.) 214.97 +2.44 +1.15
IBD 50 (fifty) 46.19 +0.07 +0.15
Last update: 4:10 PM ET 1/22/2021

The stock market rally continued to rally, with the Nasdaq and the big tech dominating despite all major indices reaching new highs.

The Dow Jones Industrial Average rose 0.6% in the past week Stock market trading. The S&P 500 rose 1.9%. The Nasdaq Composite Index jumped 4.2%.

Growth stocks had a strong week.

between the The best ETFs, The Innovator IBD 50 ETF (fifty(Up 4.55%, while the Innovator IBD Breakout Opportunities ETF)fitJumped 5.15%. IShares Technology and Software Extended Fund (ETF)IGVIt rose 3.1%. (VanEck Vectors Semiconductor Foundation)SMHAdvance of 2.6%.

Major profits

Microsoft and AMD earnings are due out Tuesday night, with Tesla, Facebook and Apple earnings late on Wednesday. Caterpillar results early Thursday.

Microsoft profits

Wall Street sees Microsoft’s earnings per share of $ 1.64 on sales of $ 40.18 billion, both of which are up 9%. Cloud revenue, including Azure cloud computing services, is expected to drive growth. Microsoft stock jumped 6.25% to 225.95, clearing the sloping trend line down but fading under two other entries early Friday. The official buy point is 232.96.

Service now (right Now) And the Atlasian (the teamReport this next week.

AMD profits

Analysts expect AMD’s earnings per share to rise 47% to 47 cents with revenue up 42% to $ 3.02 billion. AMD shares rose 5.2% to 92.79 last week, recovering 88.82 previous buy points and a 10-week streak. But it’s also in a messy consolidation above the old plinth.

Texas Instruments Corporation (TXN) And the Lam research (LRCX) Among several other chip launches to be reported next week.

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Apple profits

Analysts expect Apple’s earnings per share for the fiscal first quarter of $ 1.40 on sales of $ 102.76 billion, both up 12%, with strong holiday sales for the new iPhone 5G as well as Mac computers and wearables. Apple stock jumped 9.4% last week to 139.07, topping 138.89 Cup with handle Buy a point on Friday.

Tesla earnings

Tesla’s earnings: Wall Street pegs Tesla earnings of 107% to 85 cents a share, with revenues up 35% to $ 10 billion. Guidance on Tesla 2021 deliveries as well as updates on Cybertruck and two manufacturers under construction will be essential.

TSLA stock has been extended, but after appearing to be peak operating, the shares have traded relatively tightly over the past two weeks. Tesla stock can work on High narrow flag.

Nio stockAnd the Li Auto (In the) And the Exping Motors (XPEVJanuary sales report for the first week of February.

Facebook earnings

Analysts expect Facebook earnings per share to rise 23% to $ 3.15, with revenue increasing 25% to $ 26.3 billion. Facebook stock rebounded from the 200-day line, up 9.2% to 274.50, again above the 50-day line. The FB stock can be said to be an early entry from a downward sloping trend line, but investors may want to see a strong move to signal a turnaround after months of delay. Google Stock and Pop, explode (Pop, explodeNext week’s report.

Caterpillar earnings

Wall Street expects Caterpillar earnings to fall 44% to $ 1.48 a share, with sales down 15% to $ 11.22 billion. Profit and revenue growth is expected to return in 2021. Caterpillar stock now has 200.27 less than three weeks. Point purchase, to me MarketSmith Chart Analysis. CAT stock fell 1.4% to 191.94 last week but bounced off the 21-day streak on Friday. Rise above Thursday’s high of 193.72 will provide solid entry. Copper and gold miner Freeport McMuran (FCX) And the Eastman Chemical (EMN) Is among the many periodic reports this week.

To find out more about next week’s major earnings, check out IBD Investment business plan And the Earnings calendar.

Big tech companies are expanding their reach, but not expanding them

Just like late August, large tech companies once again lead the Nasdaq as they expand. But there is a major difference. In late August, the tech giants have generally extended over long distances. Now, most of them are rules or just break.

In addition to the aforementioned tech giants, Google and Netflix are in range to buy. Amazon and Nvidia are approaching early entries as they bounce off the 50-day streak.

But aside from Netflix, all of these stocks are making money in the next couple of weeks. So investors should avoid taking a new stance beyond the results, unless adopted Profits options strategy.

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Stock market rise analysis

The Nasdaq ended the week 7.8% above its 50-day moving average. This is lower than 8.1% on Friday but still above the 6% level indicating an extension of the index. This increases downside risks, but the market could continue to expand further. Last August, the Nasdaq became increasingly separate from its moving averages, eventually closing 11.2% above the 50-day line on September 2. Then the Nasdaq fell 5% on September 3. Today, wiping off all August gains.

The bullish sentiment is high

Big tech aside, the frenzy in initial public offerings and other speculative names appears to be returning. Blantyre (PLTRIt rose 25% on Friday. at the same time, GameStop (GMEIt surged 53% on Friday, extending an enormous short pressure to hit a record high, suddenly forgetting a 13-year recession.

Feeling upwardReally high, it has probably been more prolific over the past several days.

That’s a choppy mix heading into this massive earnings week. If Apple, Tesla and Facebook stocks, for example, were disappointed on Wednesday night, it could lead to sharp and widespread losses. Alternatively, profits could be the catalyst for more market gains, at least in the short term.

Ideally, the market might move sideways or decline modestly over a few weeks, leaving the 50 days closing the gap on the Nasdaq. A short, shallow pullback, such as the market two weeks ago, can provide temporary relief. But this inspires a more risky investment as investors lose slippage in the market.

But the market will do what it will.

Find out how to determine market time using IBD’s ETF Market Strategy

What should you do?

Check your current holdings. You may want to take a partial profit by selling hard, especially for stocks that appear to be overextended. Do you have enough reserves in stocks that are heading into profits this week? On a larger scale, what are your lines in the sand for your individual stocks and overall portfolio?

Be wary about new purchases, especially dividends.

But right now, investors don’t need to take a defensive stance. The stock market rally, from major indices to blue-chip stocks, works well. Just be prepared to move.

Read The Big Picture Every day to keep up with the market trend, stocks and leading sectors.

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