Dow Jones Futures: Fast Congress Tracks Biden Stimulus; Market Rally Warning Signs - Support 4 Investment

Dow Jones Futures will open Sunday night, along with the S & P 500 Futures and Nasdaq Futures. The house gave a late Friday night approval with a budget resolution that paved the way for the planned stimulus of President Joe Biden which was $ 1.9 trillion. Coronavirus vaccination has taken steps, across other historical milestones on Saturday.

Apple Stock, Walt Disney (DIS), JPMorgan Chase (JPM), Nike (NKE) and Caterpillar (CAT) are five Giants Dow Jones in or near purchase points.

On Sundays, China released official rules to stop monopolistic behavior among internet companies and platforms. The rules will limit the distribution of consumer shares and forging alliances or subsidized servcies to destroy smaller rivals. The draft guidelines were launched last November because the regulator began a hard action, especially on Alibaba (Baba). Alibaba's stock recovered from the hard action, while others like Pinduoduo (PDD) have increased sharply.

Separately, China's wholesale car sales will be released on early New York Monday, including the whole and "new energy vehicle" and electric vehicles. Nio (NIO), XPeng Motors (XPEV), Li Auto (LI) and Byd Co. (BYDDF) has released January production and sales figures, but the China Data Association of Automobile Manufacturers will provide the first 2021 number for Tesla (TSLA). ).

Stock market rallies look strong, supported by general income and Biden stimulus progress. The index at the highest record with several new breakouts. Overall growth stock has a strong week, with software, IPO, cycles, Chinese names, and more big winners. Some stock chips experience problems, but this sector indeed rises.

But the market is increasingly extended, among other warning signs.

Disney's income was on Thursday night tap, but Apple shares, JPMorgan and Caterpillar have reported while Nike did not matured for more than a month.

Apple Stock is on the IBD ranking board. Stock cats are in Swingtrader.

Fast Congress Tracks Biden Stimulus

The house chose Friday night to provide formal official approval, the budget resolution quickly tracked the Biden stimulus proposal of $ 1.9 trillion. The 219-209 house selection came after the Senate approved the completion on Friday morning, with Vice President Kamala Harris who voted tiebreak. The house has approved the completion of the budget on Wednesday, but must be ok the Senate changes are mostly symbolic.

The budget resolution means the Biden stimulus plan can pass with the majority, instead of requiring 60 sounds of the Senate to avoid filibuster. Democracy lawyers will begin to make actual stimulus laws immediately, with the final part possible at the end of February.

Because the narrow majority of Democrats, the Biden stimulus plan can be streamed even without the sound of the Republic. Negotiating with moderate Democrats can also win some GOP centrist senators.

Biden's president cited a weak job report Friday as an excuse to quickly continue his stimuli plan. Thinking it is one reason why stock market rallies have a solid session. He had hinted he was willing to reduce the income limit on the new direct stimulus examination, but he insisted that each check be $ 1,400.

Biden did kebobi Friday that the minimum wage of $ 15 could not be included in the stimulus. The budget reconciliation bill should only include taxes and expenditure goods. There should be a neutral deficit for 10 years.

Dow Jones this time

Dow Jones Futures will open at 6 P.M. ET, along with the S & P 500 Futures and Nasdaq 100 futures.

Remember that last night's action in Dow Futures and elsewhere did not always translate into actual trade in the next regular stock market session.

Corona virus news

The Coronavirus case around the world reached 106.42 million. Covid-19 death reached 2.32 million.

Coronavirus case at M.S. has reached 27.52 million, with death above 473,000.

About 2.1 million Americans got a Coronavirus vaccine shot on Saturday, the top two million for the first time. Which was cleaned from a record mark of Friday 1.8 million. More than 31 million have received at least one occasion of the PFIZER (PFE) or Modern (MRNA) vaccine, with 8.8 million getting both shots.

More Coronavirus vaccines are on their way, Johnson & Johnson (JNJ) and Novavax (NVAX) requesting FDA's emergency agreement last weekend and AstraZeneca (AZN) will likely follow in the coming weeks. Vaccine J & J is a one-shoot treatment.

Meanwhile, new covid cases and inpatient continued to fall sharply, while death is clearly a lower trend.

Stock market rally

The stock market rally raced back from the previous weekend sales back to all time highs for S & P 500, Nasdaq and Cap-small Russell 2000. Dow Jones came in a record mustache. The progress of Biden's stimulus and in general the positive earnings report triggered a market rally rebound.

Dow Jones Industrial Average Rally 3.9% in the stock market trading last week. The S & P 500 index rose 4.65%, Nasdaq Composite 6% and Russell 2000 7.8%.

Among the best ETFs, the IBD 50 ETF (FFTY) innovator jumped 8.1% last week, while the IBD Breakout OPORTTH ETF (Bout) innovator jumped 9%. Ishares expanded the ETF technology software sector (IGV) rallied 8.1%. Vector vector semiconductor ETF (SMH) rose 3.8%, but stopped after Monday.

Read the big picture every day to remain synchronous with the direction of markets and leading stocks and sectors.

Dow Jones Stocks near Buy Points

While growth investors tend to focus on other traditional technology and growth areas, why see five Dow Jones shares? Apple is still a name of growth, if it's cooked. Disney shares have been rally in Disney + and other streaming expectations. Caterpillar and JPMorgan are the economic cycle games, along with Disney and Nike, who rally in hopes for post-pandemic economic recovery.

More broadly, this stock, with large and different sectors, can offer diversity to the portfolio of highflying IPOS and other volatile growth names.

What investors must do

Apart from the warning signal, the point is that the stock market rally is still healthy, with the main index and leading stocks in very good condition.

So you don't need to be defensive, but be careful with new purchases.

New buying right before pullback often experiences problems, forcing investors to quickly cut losses.

At the beginning of the stock market rally, investors might rush to build exposure, like a long-style black Friday, with a well-researched shopping list. In the current environment, you must be more selective, through the hallway for some limited purchases, if any. In fact, you might want to "return" some of your shares to the market, take partial advantage or cut Laggard or loser.

Do you feel comfortable with your current exposure level, and which stock do you hold?

Have a game plan for your stock, so you will know what to do in various circumstances. Then through the screen, build your watch list. Investors must always prepare new purchases, and this process also helps you see which market groups and lead segments.

Source www.investors.com