Dow Jones rose slightly Monday morning, while S&P 500 and Nasdaq futures fell modestly. Crude oil prices jumped on a surprise OPEC+ output cut. Tesla deliveries and merger activity were in focus. The stock market rally showed strong action this past week, as bank fears ebbed. The major indexes reclaimed key levels as many leading stocks flashed buy signals or set up. Investors should be putting cash to work, gradually building up exposure. But don’t buy extended stocks or get too concentrated in a particular sector. The video embedded in this article reviewed the market action in depth and analyzed Aehr Test Systems ( AEHR ), ServiceNow ( NOW ) and TSLA stock. Tesla ( TSLA ) reported first-quarter delivery and production figures Sunday, with sales hitting a record thanks to hefty price cuts but falling short of views. China EV rivals BYD ( BYDDF ), Nio ( NIO ), XPeng ( XPEV ) and Li Auto ( LI ) have already reported reported March and first-quarter sales . Tesla stock broke past a buy point Friday, but is just below the 200-day moving average. LI stock ended the week just below a buy point. BYD stock has rebounded […]
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