Stocks continued their rally on Friday morning amid strong earnings reports from American Express and Twitter. However, Intel shares fell more than 6%, despite solid second-quarter results, after the company projected declining gross margins over the remainder of the year. The Dow rose 0.5%, the S&P 0.8%, and the Nasdaq 0.8%. Crude oil traded near $72 per barrel, while gold fell $6 to $1799 per ounce.

The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

Stocks edged higher on Thursday as investors weighed a new round of earnings reports along with employment and housing market data. AT&T posted better-than-expected 2Q results, reflecting strong growth in wireless subscribers, and raised its full-year guidance. Texas Instruments also topped consensus estimates, though the shares fell 5% on a lower-than-expected 3Q sales forecast. On the housing front, the National Association of Realtors said that sales of existing homes rose 1.4% to an annualized 5.86 million units in June, slightly below the consensus forecast. First-time jobless claims rose to 419,000, up from the prior week and above consensus. Continuing claims fell by 29,000 to 3.236 million. The Dow rose 0.07%, the S&P 0.20%, and the Nasdaq 0.36%. Crude oil rose 2% to $71.50 per barrel, while gold rose $4 to $1808 per ounce.

Stocks fluctuated near breakeven on Thursday morning amid a new round of earnings reports and weekly employment data. The Labor Department said that first-time claims for state unemployment benefits rose to 419,000 for the week ended July 17, up from 368,000 a week earlier and above the consensus forecast of 350,000. The Dow fell 0.2%, the S&P was flat, and the Nasdaq rose 0.2%. Crude oil rose slightly to $71 per barrel, while gold traded near $1807 per ounce.

The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

Stocks Stumble as the Economy Moves Ahead

The latest run higher in West Texas Intermediate (WTI) had reached our target with an intraday high of $77 on July 6. That was followed by a sharp reversal, with WTI closing that day at $73.37. Then WTI really got hit on Monday, falling by 7.3% to $66.35, the largest one-day decline since September 2020.