5 Stocks To Watch As The Market Heads For a Record High on July 1

US Trading

• S&P 500 futures +33.50
• US 10-Year Yield 2.01%
• Dollar Index 96.49
• Oil 59.85
• VIX 13.93

International Trading

• Nikkei +2.13%
• China Shanghai +2.22%
• Hong Kong HSI -0.28%
• South Korea Kospi -0.04%
• Germany DAX +1.26%
• UK FTSE +1.23%

Trading for July 1

S&P 500 Futures

S&P 500 Futures on July 1 are at a record high around 2,980. Perhaps the index can finally conquer 3,000.

S&P 500 Cash (SPY)

Based on the futures, the index should rise above 2,970 to start. It will hopefully be enough now to help the index break what has become a triple top around the 2940 to 2,950 region. That level should now serve a powerful level of technical support in the future.

Apple (AAPL)

Apple is trading around $204 this morning, and the AAPL is likely on its way towards $209 now.

Qualcomm (QCOM)

Qualcomm is rising, and $82 is its next level of resistance.

Tesla (TSLA)

Tesla is rising today, and we should have delivery results no later than July 3. TSLA is testing the downtrend, an increase above the downtrend sends the stock towards $250. This is a big moment for the stock. A record quarter is very close.

The Yuan (FXI)

The yuan is trading to 6.84 and has strengthened materially in the last few session. A significant positive for JD and Alibaba. It could be on its way to 6.70.

Alibaba (BABA)

Alibaba is heading twoards $182.

JD (JD)

JD is testing resistance at $31.50.

Enjoy the record-setting day.