Apple and Jobs Data Help Dow Jones Rally to Best Day Since January.

1 min read
Source: Investor's Business Daily
Apple and Jobs Data Help Dow Jones Rally to Best Day Since January.
Photo: Investor's Business Daily
TL;DR

The stock market rally rebounded on Friday, led by Apple, Tesla, and bank stocks. However, buying opportunities remain limited, with only a few stocks hovering around entries, including Visa, Advanced Micro Devices, and TJX Cos. Berkshire Hathaway reported operating earnings of $8.065 billion, up 12.6% YoY, while Visa stock bounced back from its 50-day line to retake a double-bottom buy point. AMD stock is on the cusp of an early entry. Investors should remain cautious about adding exposure until the market rally shows more power and breadth.

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