Dow Locks in 407-Point Win After Lackluster Week

Oil and gold cooled from Friday's big surge

Managing Editor
Aug 7, 2023 at 4:25 PM
facebook X logo linkedin

A fresh week brought in a healthy 407-point win for the Dow, with credit due to another batch of big-name earnings. Berkshire Hathaway (BRK.A) created plenty of post-earnings buzz, and focus was also on Tesla (TSLA) after news broke that its CFO is departing. The S&P 500 and Nasdaq also handed in gains. 

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

  • Now's the time to buy this 'Barbie' stock.
  • 2 biotechs hanging onto large swings.
  • Plus, PARA pre-earnings roundup; bull note triggers DVA surge; and pharma name lower on vaccine sales.

Closing Indexes Summary Aug 7

NYSE and Nasdaq Stats Aug 7

5 Things to Know Today

  1. Penned as the month of Apple (AAPL), September is expected to host the launch of the new iPhone 15. (CNBC)
  2. PayPal (PYPL) is slow rolling the launch of its own stablecoin product, a pioneer in its field. (Bloomberg)
  3. A Paramount stock pre-earnings breakdown.
  4. Analyst upgrade pushed DVA shares higher.
  5. Vaccine sales sent biotech lower.

Coroprate Earnings Aug 7

Unusual Options Activity Aug 7

Oil, Gold Cool After Last Week's Surge

Crude prices are cooling after last week's notable pop to almost four-month highs. September-dated crude fell 88 cents, or 1.1%, to settle at $81.94 per barrel on the day.

Gold also pulled back to start the new week. December-dated gold tacked on $6.10, or 0.3%, to settle at $1,970 an ounce for the session.


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 calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI