Dow Jones futures were little changed Sunday night, along with S&P 500 futures and Nasdaq futures. Tesla (TSLA) deliveries easily beat second-quarter views.
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EV and battery giant BYD (BYDDF) reported record sales on Sunday after China EV startups Li Auto (LI) Nio (NIO) and XPeng (XPEV) reported June deliveries on Saturday.
The S&P 500 index hit a 14-month high as the stock market rally roared back this past week. The Dow Jones and Nasdaq composite are back near 2023 highs, as Apple (AAPL) closed Friday with a $3 trillion market cap for the first time.
Nvidia (NVDA), HubSpot (HUBS), Marriott International (MAR), General Electric (GE) and JPMorgan Chase (JPM) are all flashing buy signals.
The only concern is that the Nasdaq is already extended again, raising the risk of another market pullback in the near future.
Tesla stock, Nvidia and HubsSpot are on IBD Leaderboard. HubSpot…