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Sep 14, 2020 1 min, 56 secs
The stock market rally got a much-needed win, with Apple (AAPL) and Adobe stock rebounding bullishly and Tesla (TSLA) moving back above a key level.

After a rough two weeks, the stock market rally had a positive session Monday, helped by merger activity and coronavirus vaccine news.

Join IBD experts as they analyze actionable stocks in the stock market rally on IBD Live.

Meanwhile, Agnico Eagle Mines (AEM) cleared a buy point as gold stocks shine.

Apple, Tesla, Adobe, LGI Homes, Nvidia and Angico stock are on IBD Leaderboard.

Remember that overnight action in Dow futures, NKLA stock and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session.

The coronavirus stock market rally had a solid response to last week's sell-off. The Dow Jones Industrial Average advanced 1.2% in Monday's stock market trading.

Apple stock popped 2% after finding support at its 10-week line on Friday.

Tesla stock jumped nearly 13% to 419.62, back over key levels as EV stocks charged higher.

Nvidia stock rose 5.8% as the chipmaker reached a $40 billion deal with SoftBank to buy U.K.

The iShares Expanded Tech-Software Sector ETF (IGV) rose 1.85%, helped by Adobe stock.

Tempur Sealy stock jumped 8.4% to 92.92 after the mattress retailer guided high on Q3 sales.

Guardant Health stock rose 7.8% to 103.15, clearing a 98.98 cup-with-handle buy point.

Angico Eagle Mines, the IBD Stock Of The Day, jumped 5.2% to 86.47, above an 84.76 flat-base buy point.

The homebuilder's stock fell 4% in late trade.

With the stock market rally on the edge of turning into a correction, the major indexes rebounded Monday.

The stock market is still in an "uptrend under pressure." One bad day would push the market rally to the brink or beyond.

If the stock market rally finds its footing and has legs, there will be opportunities to jump on board.

If the market rally falters or moves sideways for an extended period, being all or mostly in cash will be the right call.

This is no longer the April-August booming stock market rally.

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