Tesla and Tech Stocks Lead Market Rally to End Week

The stock market rally had a mixed week, with midweek concerns about the debt-ceiling and a growing likelihood of another Fed rate hike. However, optimism about a debt-ceiling deal returned late in the week, and techs boomed as Nvidia skyrocketed, sending chips and artificial intelligence plays soaring. Tesla, Netflix, Arista Networks, On Semiconductor, NetEase, Mobileye, Smartsheet, Aehr Test Systems, and McKesson are all trading near buy points. Investors could add exposure gradually, if the market rally makes further, broader progress.