June 18, 2021

Dow Jones Futures: Stock Market Rally Survives Wild Week, Bitcoin Remains Active; Follow Google, Nvidia, Tesla

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Bitcoin remained active.


The stock market rally ended up with slim weekly gains or losses on the major indexes, but that belies the big daily and intraday swings and continued sector rotation.

Five Stocks To Watch

Here are five stocks to watch to help get a read on the market rally: Nvidia stock, Google parent Alphabet (GOOGL), Freeport-McMoRan (FCX), recent IPO Roblox (RBLX), and Tesla (TSLA).

Nvidia (NVDA) arguably is actionable now, breaking a downtrend Friday and in range from its 50-day line. However, Nvidia earnings are on tap Wednesday. That earnings report and NVDA stock’s reaction will be important for the broader semiconductor sector. Several chip stocks are on the edge of early entries, including equipment makers ASML (ASML) and Lam Research (LRCX).

Google stock is perhaps…

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