In heavy towing, on the 5.7L, you can see as high as 280F on the oil temps, coolant temps around 245F. Of course that's rather extreme cases of high load and elevation for an extended amount of time.
Your average oil temps should be around 210 - 230 range in most non-loaded applications with the Hemi. Coolant around 210 - 225F in those same conditions. But higher temps in heavier use is also normal.
There is a reason why manufacturers prefer the "dumb" gauges, which don't often show incremental temperature changes, only big movements. Its so it doesn't scare owners that see those fluctuations that normally happen, especially with coolant as it cycles from opening and closing the thermostat, which on many vehicles is over 20 degrees of fluctuations.