August 8, 2025

Markets:

U.S. stock futures ticked higher on Friday after the Dow Jones Industrial Average logged its second losing day in the past three.

In Thursday’s regular trading, the 30-stock Dow closed down about 224 points, or 0.5%, while the S&P 500 ended the session off 0.08%. The Nasdaq Composite outperformed and added nearly 0.4%. The blue-chip Dow saw some sharp swings during the day, up 305 points at its high and down nearly 394 points at its low.

President Donald Trump’s “reciprocal” tariffs took effect at midnight on Thursday, with some of the steepest duties including Syria’s 41% and the 40% rate facing Laos and Myanmar.

Stocks initially rose Thursday morning after Trump announced a day earlier that his 100% tariff on imported semiconductor chips would not affect companies that are “building in the United States.”

Asia-Pacific markets ended the day mostly lower on Friday.

European stocks moved higher in early trade on Friday, with the pan-European Stoxx 600 adding 0.2%.

Portfolio

We head into the week’s final session locked in on RCAT, ONDS, GLW, and RYCEY.

The breakout activity we’ve been talking about all week is accelerating across multiple sectors and specific names.  As confirmation hits, we’ll roll out the alerts. Expect activity today—there’s a good chance we fire off one or two new trades even though it's Friday and we like to be super patient on Fridays.

For those asking about what’s next—there’s a deep bench of setups coiling for launch. We’re watching closely, and once they trigger, it’s game on.