Dow Jones futures rose slightly Sunday evening, along with S&P 500 futures and Nasdaq futures. Apple (AAPL), Amazon.com (AMZN) and Shopify (SHOP) headline a new rush of earnings.
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The stock market rally showed strong action in the past week, amid a massive wave of earnings, a fresh Fed rate hike and big economic data.
Apple and Amazon report Thursday night on what will be another big week of earnings. AAPL stock ended the week at an all-time closing high. Amazon stock made a bullish bounce from the 10-week moving average. That would be actionable, but upcoming earnings raised the risks. SHOP stock is close to an aggressive entry, with Shopify earnings due early Wednesday.
On Semiconductor (ON) will report before Monday’s open. ON stock is extended, trading near record highs.
Meanwhile, Microsoft (MSFT) and Tesla (TSLA) have forged new buy points.
In addition to AMZN stock,…