2 Dow Stocks That Could Keep Climbing

Oil prices and the 10-year Treasury yield are bouncing back

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OPENING VIEW     8/08/2019
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Stock Futures Signal Strong Start on China Headlines By Patrick Martin Share On Dow Jones Industrial Average (DJI) futures are comfortably above fair value this morning, with the blue-chip index stabilizing after yesterday's volatile trading day. The upside comes after the People’s Bank of China (PBoC) set the yuan's reference point higher than analysts were expecting, though still at its weakest point since 2008, and data showed Chinese exports unexpectedly rose in July. Wall Street is also eyeing the 10-year Treasury yield, which is trading near 1.7% after hitting a roughly three-year low yesterday. Elsewhere, oil prices are also bouncing back, with September-dated crude futures up 2.5% at $52.25 per barrel.  Continue reading for more on today's market, including:  Behind WW stock's best day in years. Signal says these 2 Dow stocks could keep climbing. Options bears circled Netflix after Disney's bundle news. Plus, Roku roars higher after earnings; a Symantec/Broadcom deal may be back on; and bull notes for Lyft post-earnings. >> Continue reading...
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