Dow Jones futures, S&P 500 futures, and Nasdaq futures all saw slight gains after hours. The stock market rally had a quiet Tuesday, with the Nasdaq leading a fade into the close resulting in minor losses.
Donald Trump’s Trump Media & Technology Group (DJT) saw a significant increase on Tuesday as the Truth Social parent began trading under the DJT ticker following its SPAC merger. However, the stock closed below the buy point after hitting intraday highs.
Tesla had a decent gain but faced resistance at key levels. Google parent Alphabet and ServiceNow showed potential buy signals intraday, while CrowdStrike, CyberArk Software, and Cloudflare are setting up. Notably, Nvidia fell modestly as AI chip stocks saw a brief pause.
Carnival will report earnings on Wednesday, with the stock working on a new base. Cruise leader Royal Caribbean is currently in a buy zone. Various stocks mentioned are part of different stock lists based on their performance.
The stock market rally saw minor declines on Tuesday, with key indexes slipping slightly. Despite a lack of breakout stocks, there was constructive action seen in various areas. The market remains poised for leading stocks to potentially make a run.
On the ETF front, there were mixed movements in various sectors. Growth ETFs saw a slight uptick, while other sectors experienced declines. It’s important to monitor market trends and leading stocks for potential opportunities.
In terms of individual stock movements, Trump Media made headlines with a significant increase but closed below the buy point. Google, ServiceNow, CrowdStrike, CyberArk, and Cloudflare are all nearing potential buy points. Tesla saw a gain but is still facing resistance at certain levels.
Overall, the stock market rally is showing positive signs, with potential opportunities emerging. It’s crucial to stay informed about market trends and leading stocks to make informed investment decisions.
