Dow Jones futures fell modestly Monday night, along with S&P 500 futures and Nasdaq futures. Chinese economic data topped views while Tesla's China EV registrations are on tap.
The stock market rally picked up steam in the past week, with strong gains, clearing key levels. The S&P 500 briefly faced resistance at the 200-day line, but moved above that key level on Friday. A large number of leading stocks flashed buy points.
Investors can be adding exposure gradually as the market rally improves. While many top stocks are now extended, Wendy's (WEN), Exxon Mobil (XOM), Quanta Services (PWR), Celsius Holdings (CELH) and Insulet (PODD) are all actionable from early entries. Wendy's and PWR stock have new flat bases, joining XOM stock and Insulet. CELH stock needs another week to forge a proper base.
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