Dow futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The market rally continued last week’s gains, with a number of blue-chip stocks issuing buy signals. –
X
The stock market rally showed resilience in the face of higher crude oil prices and higher Treasury yields. This is it, so far. But don’t be complacent. It’s hard for the stock market to ignore indefinitely rising Treasury yields, especially growth names.
A modest pullback may be healthy for major indices and blue-chips. an Apple (AAPL) and especially Tesla stocks could benefit from the convenience. The handle will also be constructive to nvidia (NVDA), which has risen to the top in the past two weeks. Marriott International (March) with a handle, but could use a longer base.
Regeneron Pharmaceuticals (Region) has formed a high handle while trading in a buy zone, which provides a second chance or additional buying opportunity. GB Hunt Transportation Services (JBHT) pulled back down a buy pointBut she found support at some point.
Xpeng earnings
at the same time, Exping (XPEV) announces fourth-quarter results early on Monday. China EV . competitor New (NIO), which reported mixed results late Thursday, will begin deliveries of its luxury EV sedan, the ET7, on Monday as well. This is part of a busy week for electric car makers in China, with deliveries possible in March as well.
XPEV shares and Nio shares sold off hard on Friday. This was partly due to Nio’s results and guidance, but it also reflected renewed write-off concerns for US-listed Chinese stocks in general.
Tesla (TSLA) Global first-quarter deliveries and production numbers may be released late next week as well.
Tesla, JB Hunt and Nvidia stocks are working IBD Leaderboard. Tesla, Regeneron, Nvidia, and JBHT stocks are available at defect 50.
The video included in this article covered another important week in the market and analyzed the MAR Stock, REGN Stock, and IBD Stock Of The …….
