October 20, 2021

Dow Jones Futures: Bull Market Rally On Track, 5 Stocks In Buy Zones; Tesla FSD Beta Opens

Dow Jones futures rose modestly Sunday night, along with S&P 500 futures and Nasdaq futures. The stock market rally last week went nowhere — fast. The major indexes tumbled on Monday, but then roared back, with a slew of leading stocks flashing buy signals.


Bottom line: The stock market rally is back in a confirmed uptrend.

Tesla stock broke out past a proper buy point on Friday. Tesla on Friday night released FSD Beta request button, letting Full-Self Driving owners or subscribers opt in, after a seven-day vetting period. On Saturday night, Tesla (TSLA) released FSD Beta 10.1, its latest tweak to the driver-assist software.

Meanwhile, Microsoft stock, Advanced Micro Devices (AMD), and Google parent Alphabet (GOOGL) have rallied slightly from their 50-day and 10-week lines. AMD stock and Google are potentially actionable here or with a little more strength. Finally,…

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