12 in the Bag for the Dow; All Eyes on Fed

Gold and oil are eyeing tomorrow's Fed news as well

Managing Editor
Jul 25, 2023 at 4:27 PM
facebook X logo linkedin


The Dow clocked in a 12th-straight gain this afternoon, and earlier touched its highest level since February 2022, as it held tight to its longest win streak since February 2017. The tech-heavy Nasdaq and S&P 500 managed solid wins as well. All eyes are now on post-close earnings reports from Microsoft (MSFT) and Alphabet (GOOGL), as well as tomorrow's interest rate decision from the Federal Reserve.

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

  • Top 10 FAQs answered for 0DTE traders.
  • Dell stock's drop provides attractive bull entry.
  • Plus, 2 stocks barreling up the charts; and the casino name ready to climb higher.

Summary 0725

NYSE Nasdaq 0725

5 Things to Know Today

  1. The the S&P Core Logic Case-Shiller home price index showed a rise for a fourth consecutive month in May, though prices are still down 0.5% compared to 2022.(CNBC)
  2. Formerly named Raytheon Technologies, RTX (RTX) is getting blasted today, after the company recalled hundreds of jet engines. (MarketWatch)
  3. Blue-chip giant enjoying a post-earnings pop.
  4. Behind today's General Electric stock surge.
  5. History says casino stock could keep climbing.

Earnings 0725

UVOL 0725

Gold, Oil Enjoy Wins

Oil settled at its highest mark since April as investors look to tomorrow's Fed meeting and weekly Energy Information Administration (EIA) domestic petroleum supply data. September-dated oil rose 89 cents, or 1.1%, to settle at $79.63 per barrel.

Gold commodity traders are also eyeing tomorrow's interest rate news. August-dated gold added $1.50, or 0.1%, to settle at $1,963.70 an ounce.

 

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