OP Wire 8/7 (OP – Lite)

Markets pushed higher across the board yesterday, driven by strong earnings and bullish momentum in tech. Apple ($AAPL) led the charge with a breakout move after a massive U.S. investment announcement, helping the S&P 500, Dow, and NASDAQ extend their weekly gains.


🍏 Apple Surges on $100B U.S. Investment News

Apple shares soared over 5%, continuing their rally in the premarket, after the White House confirmed the company will invest an additional $100 billion in U.S. manufacturing over the next four years—bringing its total domestic commitment to $600 billion.

This aligns Apple more closely with President Trump’s economic agenda and could protect the company amid intensifying tariff threats, including a 100% semiconductor tariff that exempts U.S.-built chips.

🧠 OP Takeaway: The move positions Apple not just for policy protection, but for increased market share and public investment sentiment. We’re seeing breakout setups across $AAPL and related plays in Secret Sauce and AC&I streams.


📈 Index Recap (Week-to-Date Gains):

  • S&P 500: +1.7%
  • NASDAQ Composite: +2.5%
  • Dow Jones Industrial Average: +1.4%

🔥 More Earnings Today:

With Q2 earnings season winding down, over 80% of reporting S&P 500 companies have beaten EPS estimates so far. Today’s key names:

Before the bell:

  • Eli Lilly ($LLY)
  • Warner Bros Discovery ($WBD)

After hours:

  • Block ($XYZ)
  • Pinterest ($PINS)
  • Plus: $TTD, $RKLB, $SOUN, $SMR, $TWLO

Notable Movers:

  • DoorDash ($DASH) jumped after a strong beat on demand resilience.
  • Airbnb ($ABNB) dropped on weaker growth guidance.
  • Rogers Corp ($ROG) surged after activist investor Starboard Value disclosed a 9% stake.

🧾 Trump’s Trade Tensions Escalate:

  • Trump imposed a 25% tariff on India, doubling total levies to 50%, citing their continued oil imports from Russia.
  • Semiconductor imports are in focus, with a proposed 100% tariff, exempting U.S.-made chips. That’s a bullish tailwind for domestic fabs like Intel ($INTC) and GlobalFoundries ($GFS).
  • Trump is also threatening secondary sanctions on China if Moscow doesn’t strike a peace deal by September.

🧠 OP Insight: These developments are causing sector rotations and volatility, perfect for Secret Sauce breakout trades and cost-free long stacking using gains from swing setups.


🛢️ Oil Bounces Back on Strong Demand

  • Brent up to $67.22
  • WTI up to $64.67

Supported by a 3M barrel draw in U.S. crude inventories and steady demand, despite macro worries about Russian oil returning if peace talks progress.


🧾 Fed & Economic Watch

  • Initial Jobless Claims expected at 221,000
  • Market now pricing in a 94% chance of a Fed rate cut in September (up from 48% just a week ago)

Fed policymakers remain split, but weaker jobs data + tariff fears are tilting the odds toward easing.


🧠 OP Focus: Market Outlook & Strategy

  • $QQQ closed at 567.32, up 1.26%, and pushing toward all-time highs above 574.63
  • We’re watching key sentiment drivers today from earnings and jobless data
  • Bitcoin trades ~$114.6k
  • Gold at ~$3,445/oz
  • Silver at ~$38.2/oz

🔥 Today’s Economic Data:

🇺🇸 Initial Jobless Claims @ 8:30AM ET
🇺🇸 Nonfarm Productivity (Q2) @ 8:30AM ET
🇺🇸 Unit Labour Costs (Q2) @ 8:30AM ET
🇺🇸 FOMC Member Bostic Speaks @ 8:30AM ET
🇺🇸 Atlanta Fed GDPNow (Q3) @ 1PM ET
🇺🇸 30Y Bond Auction @ 1PM ET
🇺🇸 Fed’s Balance Sheet @ 4:30PM ET


👀 OP Member Note:

📌 I’ll be buying this INTC dip. Seen this movie before 😉

Join us in AC&I Live today with Tracks, and don’t miss out on the breakouts forming across key names.

🚨 Not in the live yet? Want access to all this?
👉 Email steve@optionsplayers.com today.

Let’s stack it up – see you in chat!

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