Tesla, Meta, Microsoft are near buy points with earnings due. Apple and many others are on tap too with the S&P 500 is at highs.

Dow Jones futures have also gained upside momentum on Inauguration Day. From a big picture point of view, Dow Jones continues to rebound from multi-month lows that were reached on January 13. In case Dow Jones settles above the 43,700 level, it will head towards the resistance, which is located in the 44,000 – 44,100 range.

Stock futures are modestly lower Friday morning as the U.S. equities market takes a breather from a rally that has pushed major indexes to record high levels.

The S&P 500 hit a high. Tesla launched the new Model Y in the U.S. and Europe. AI stocks like Nvidia are testing key levels.