Why You Should Snag RTX on the Dip

The Dow is eyeing a triple-digit drop

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Schaeffer's Opening View
7/30/2021
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Stock Futures Sink After Amazon Earnings Disappoint


By: Lillian Currens

Stock futures are pointed lower this morning, with futures on the Dow Jones Industrial Average (DJI) off 84 points, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are sporting sizeable losses as well. Investors are eyeing a weak earnings report from Amazon.com (AMZN), which posted a lower-than-expected forecast and a revenue miss. Social media name Pinterest (PINS) also posted a disappointing quarterly report. Despite today's early morning drop, however, stocks are eyeing comfortable monthly gains for July. 

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

  • Why bulls should bet on the RTX dip
  • What to expect from ELF's upcoming earnings report
  • Plus, XOM eyes post-earnings pop; CAT brushes off Q2 beat; and HOOD goes public. 
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