Stocks To Watch – 8/3/2026
The information provided in this Weekly Stocks to Watch list is for educational and informational purposes only. It should not be considered financial advice, investment recommendations, or a solicitation to buy or sell any securities. Trading and investing involve significant risk, and you should only trade with money you can afford to lose. Always conduct your own research or consult with a licensed financial advisor before making investment decisions.
Past performance does not guarantee future results. Options trading involves substantial risk of loss. Percentage shown reflects the maximum opportunity the contract reached since the time it was alerted and does not represent the active value of the alert at this time.
Weekly Market Brief
Last Week in Review:
The week of July 27–31, 2026, saw a risk-on sentiment in the markets, with major indices posting gains. The S&P 500 rose by 0.7%, the Dow Jones Industrial Average climbed 0.5%, and the Nasdaq Composite increased by 1%. These gains were largely driven by strong earnings reports from tech giants like Amazon, which reported better-than-expected profits, indicating positive returns on its AI investments. However, Apple provided a more cautious revenue outlook, tempering some of the enthusiasm. Additionally, rising oil prices rekindled inflation concerns, leading to higher Treasury yields.
Overall, the market exhibited resilience, with investors focusing on corporate earnings and economic indicators.
Week Ahead — What to Watch:
Looking ahead to the week of August 3–7, 2026, several key events are poised to influence market dynamics. The economic calendar is packed with significant releases, including the Job Openings and Labor Turnover Survey (JOLTS) on Tuesday, which will provide insights into labor market conditions. The most anticipated report is Friday's nonfarm payrolls for July; after a disappointing June, economists are forecasting a rebound with approximately 100,000 new jobs added and the unemployment rate holding steady at 4.2%.
On the earnings front, a diverse array of companies across various sectors are scheduled to report. Notable names include Caterpillar, AMD, and SpaceX. Caterpillar is projected to report earnings per share (EPS) of $6.20 on $19.2 billion in revenue, though regulatory challenges in data center construction may impact sentiment. AMD is expected to post strong year-over-year growth with an EPS of $1.61 and $11.3 billion in revenue, driven by demand for its MI350 GPU and EPYC CPU chips. SpaceX, following its recent IPO, will report its first post-listing earnings, with anticipated revenue of $6.8 billion and a $0.29 per-share loss; investors will be keen on metrics like Starlink subscribers and AI pricing.
Given the combination of critical economic data releases and high-profile earnings reports, traders should brace for potential volatility. The interplay between labor market indicators and corporate performance will be crucial in shaping market sentiment. Staying informed and agile will be key to navigating the upcoming week's developments.