Stocks Score Highest Closes of the Year

The S&P 500 and Nasdaq have won five of their last six sessions

Managing Editor
Jul 17, 2023 at 4:24 PM
facebook X logo linkedin


The Dow clocked a sixth-straight win today, building off last week's momentum and closing at its highest level since November 2022. The S&P 500 and Nasdaq followed suit with their fifth win in the last six trading days and highest settlements in 15 months. Wall Street for the the most part brushed off the worrisome economic data out of China as investors have their eyes fixed on this week's loaded slate of earnings reports. 

Continue reading for more on today's market, including:

  • Why are call traders targeting this gambling stock?
  • Plenty of reasons for Snap stock to stay hot.
  • Plus, timing the tech rally; retail stock to watch; and a buzzing biotech stock.

Summary 0717

NYSE Nasdaq 0717

5 Things to Know Today

  1. Russia nixing the Ukraine grain deal could have huge ramifications. (CNBC)
  2. Treasury Secretary Janet Yellen thinks the U.S. can avoid a recession. (MarketWatch)
  3. How our traders scored big with the tech sector rally.
  4. Signal says don't sweat this retail stock pullback.
  5. Biotech stock could burn short sellers.

There were no notable earnings reports today.

UVOL 0717

Commodities Take a Breather

Oil prices moved lower today, weighed down by the economic data out of China. August-dated oil shed $1.27, or 1.7%, to settle at $74.15 per barrel.

Gold also slid, cooling off after last week's gains. August-dated gold shed $8, or 0.4% to close at $1,956.40 an ounce on the day.

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI