Dow Futures Climb After Tesla, AI Stock Selloff Hits Hard
Markets posted solid weekly gains, but Thursday's AI and SanDisk rout stole the spotlight. Apple and Robinhood are flashing buy signals.
Don't let the weekly scorecard fool you. Yes, the major indexes finished the week in the green, but Thursday's session felt like a gut punch if you were holding Tesla, SanDisk, or any of the AI-adjacent names that got taken to the woodshed. That kind of pain has a way of overshadowing everything else.
Dow Jones futures are ticking higher heading into the next session, which tells you the broad market isn't ready to throw in the towel. Futures bouncing after a rough tape day is exactly the kind of reset traders look for — it separates the panic sellers from the ones positioning for the next move.
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Here's where it gets interesting: Apple and Robinhood are both flashing buy signals right now. Those aren't names you'd expect to be on the same watchlist, but when a mega-cap like Apple sets up technically while a high-beta name like Robinhood does the same, it suggests money is rotating rather than exiting. That's a healthy sign under the hood.
The SanDisk-led AI selloff is worth watching closely. One bad session in a hot sector can be noise, but it can also be the first crack in a crowded trade. If the AI names can't reclaim their footing quickly, expect that rotation into steadier plays like Apple to accelerate. Know which camp your positions are in before the open.
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