Dow Jones Futures Loom Amid Market Rally Pullback; Tesla Deliveries Hit Record| Investor’s Business Daily


Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. Tesla (TSLA) reported record first-quarter deliveries on Saturday, with the EV giant near possible buy points. China EV giant BYD (BYDDF) reported monthly sales above 100,000 for the first time.


The stock market rally is in the midst of a modest pullback after a strong run from mid-March lows.

The major indexes still look healthy. But investors should be cautious about new buys in the very short term and be ready to exit positions if they aren’t working. Growth and shipping stocks ran into trouble late last week, such as Dutch Bros (BROS) and J.B. Hunt Transport Services (JBHT).

Apple stock, Exxon Mobil (XOM) and SolarEdge Technologies (SEDG) are setting up near buy points.

Tesla Vs. BYD: Which Booming EV Giant Is The Better Buy?

China Delisting Threat Over?

Beijing is signaling that it will back down vs. the U.S. over accounting oversight, easing…

Read more…