8 Straight for Dow, Longest Streak in Nearly 4 Years

Gold stayed near six-week highs

Managing Editor
Jul 19, 2023 at 4:24 PM
facebook X logo linkedin


The Dow continues to climb, nabbing its eighth-straight win today, the longest winning streak for the blue-chip index since September 2019. The S&P 500 and Nasdaq nabbed their seventh win in the last eight trading days, the latter shrugging off a brief dip into the red. As investors weigh the latest earnings reports, Wall Street's "fear gauge," the Cboe Volatility Index (VIX) logged its best single-session gain in nearly two weeks. 

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

  • Tech stock doubles subscribers' money
  • How options traders can play a short-term top. 
  • Plus, Carvana's big day; Cinemark stock downgraded; and our best trades recently.

Summary 0719

NYSE Nasdaq 0719

5 Things to Know Today

  1. Industrial production continues to lag, on all fronts. (MarketWatch)
  2. Commercial property investors have egg on their face. (Bloomberg)
  3. Carvana stock extends its renaissance. 
  4. What has this analyst wary of Cinemark stock?
  5. Common threads to our best trade returns lately.

Earnings 0719

UVOL 0719

Gold Static at 6-Week Highs

Oil prices fell today after domestic crude supplies were trimmed by a lower-than-expected margin last week. August-dated oil shed 40 cents, or 0.5%, to settle at $75.35 per barrel.

Gold was static today, remaining near six-week highs. August-dated gold remained at $1,980.80 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