August 2, 2021
Markets

Dow Jones Futures: Market Rally Has This Risk As Roku, AMD Lead 8 Stocks Near Buys; Tesla FSD Beta Updated, Virgin Galactic Flight On Tap

Dow Jones futures will open Sunday afternoon, along with S&P 500 futures and Nasdaq futures. The stock market rally shrugged off a Thursday morning tumble, with the major indexes closing Friday essentially at record highs. Tesla (TSLA) and Virgin Galactic (SPCE) are in focus over the weekend, along with a further China crackdown on U.S. IPOs.




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Roku (Roku), Advanced Micro Devices (AMD), Vale (VALE), Upwork (UPWK), Ford Motor (F), Victoria’s Secret parent L Brands (LB), Zscaler (ZS) and Cimarex Energy (XEC) are stocks with bullish action this past week from strong areas of the market.

LB and ZS stock are the only ones above official buy points. But Roku stock, AMD, Vale and, arguably, Ford are actionable now. UPWK stock and Cimarex have a little more work before tripping early or official entries.

Even leading stocks will tend to follow the overall market, which is why Roku,…

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