The Dow Market Happenings For Thursday, November 15, 2018

Dow stocks at 52 week highs include Procter & Gamble (PG) and Walgreens (WBA). Dow stock 52 week lows include Goldman Sachs (GS).

The Market

Premarket today, the Dow was indicated to open down -90 points.

Wednesday the Dow was down -205.99 (-0.81%) at 25,080.50.

Year-to-date the Dow is up +1.46%.

There were 5 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Home Depot (HD) +0.50%, Verizon (VZ) +0.48% and Chevron (CVX) +0.32%.

The Dow stock losers Wednesday were led by Travelers (TRV) -2.97%, Apple (AAPL) -2.82% and JPMorgan (JPM) -2.06%.

Cisco Systems (CSCO -1.75%) rose 3% in after-hours trading after it reported Q1 revenue of $13.07 billion, above consensus of $12.87 billion, and then forecast Q2 revenue of 5% to 7%, the midpoint above consensus of 5.5%.

JPMorgan Chase (JPM -2.06%) gained over 1% in after-hours trading after Berkshire Hathaway added 35.7 million shares of JPM to its investments in Q3.

Visa (V -0.16%) was rated a new ‘Overweight’ at Barclays with a price target of $170.

WalMart (WMT -1.37%) is up more than 1% in premarket trading after it reported Q3 U.S. comparable sales ex-fuel rose +3.4%, better than consensus of +2.9%.

European stocks are mostly higher and Asian markets ended mostly higher.

The national average price of gasoline is down 1.1 cents at $2.666 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/25/2018 after the market close of $0.67, just beating estimates calling for $0.657 per share.

Walgreens (WBA) reported earnings on 10/11/18 before the market open of $1.48, barely beating estimates of $1.471 per share.

JPMorgan (JPM) reported earnings on 10/12/18 before the market open of $2.36, beating estimates calling for $2.26 per share.

Goldman Sachs (GS) reported earnings on 10/16/18 before the market open of $6.28, beating estimates of $5.695 per share.

IBM (IBM) reported earnings on 10/16/18 after the market close of $3.42, missing estimates of $3.434 per share.

Johnson & Johnson (JNJ) reported earnings on 10/16/18 before the market open of $2.05, missing estimates calling for $2.061 per share.

UnitedHealth (UNH) reported earnings on 10/16/18 before the market open of $3.41, beating estimates of $3.356 per share.

Procter & Gamble (PG) reported earnings on 10/19/2018 before the market open of $1.12,meeting expectations of $1.116 per share.

Travelers (TRV) reported earnings on 10/19/18 before the market open of $2.54, beating estimates calling for $2.19 per share.

American Express (AXP) reported earnings on 10/18/18 after the market close of $1.88,beating estimates of $1.808 per share.

McDonald’s (MCD) reported earnings on 10/23/2018 before the market open of $2.10, beating estimates of $2.012 per share.

3M (MMM) reported earnings on 10/23/2018 before the market open of $2.58, missing estimates of $2.726 per share.

United Technologies (UTX) reported earnings on 10/23/2018 before the market open of $1.93, beating estimates calling for $1.861 per share.

Verizon (VZ) reported earnings on 10/23/2018 before the market open of $1.22, beating estimates of $1.211 per share.

Boeing (BA) reported earnings on 10/24/2018 before the market open of $3.58, beating estimates calling for $3.513 per share.

Microsoft (MSFT) reported earnings on 10/24/2018 after the market close of $1.14, beating estimates of $1.007 per share.

Visa (V) reported earnings on 10/24/2018 after the market close of $1.21, missing estimates calling for $1.244 per share.

Merck (MRK) reported earnings on 10/25/2018 before the market open of $1.19, beating estimates calling for $1.167 per share.

Intel (INTC) reported earnings on 10/25/2018 after the market close of $1.40, beating estimates of $1.19 per share.

Coca Cola (KO) reported earnings on 10/30/2018 before the market open of $0.58, beating estimates of $0.559 per share.

Pfizer (PFE) reported earnings on 10/30/2018 before the market open of $0.78, meeting estimates of $0.782 per share.

Apple (AAPL) reported earnings on 11/1/2018 after the market close of $2.91, beating estimates calling for $2.838 per share.

Chevron (CVX) reported earnings on 11/2/2018 after the market close of $2.11, beating estimates of $2.083 per share.

Exxon Mobil (XOM) reported earnings on 11/2/2018 after the market close of $1.46, beating estimates of $1.199 per share.

Disney (DIS) reported earnings on 11/8/2018 after the market close of $1.48, beating estimates calling for $1.348 per share.

Home Depot (HD) reports earnings on 11/13/2018 before the market open of $2.51, beating estimates calling for $2.327 per share.

Cisco (CSCO) reported earnings on 11/14/2018 after the market close of $0.75, beating estimates of $0.732 per share.

Walmart (WMT) reports earnings on 11/15/2018 before the market open.

Today’s Featured Dow Stock

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) is up +2.48% year-to-date.

Financial Calendar

13:30 Continuing Jobless Claims, 1,630K, 1,623K

13:30 Core Retail Sales (MoM) (Oct), 0.5%, -0.1%

13:30 Export Price Index (MoM) (Oct), 0.1%, -0.2%

13:30 Import Price Index (MoM) (Oct), 0.1%, 0.5%

13:30 Initial Jobless Claims, 216K, 214K

13:30 Jobless Claims 4-Week Avg., 213.75K

13:30 NY Empire State Manufacturing Index (Nov), 19.30, 21.10

13:30 Philadelphia Fed Manufacturing Index (Nov), 20.7, 22.2

13:30 Philly Fed Business Conditions (Nov), 33.8

13:30 Philly Fed CAPEX Index (Nov), 25.20

13:30 Philly Fed Employment (Nov), 19.5

13:30 Philly Fed New Orders (Nov), 19.3

13:30 Philly Fed Prices Paid (Nov), 38.20

13:30 Retail Control (MoM) (Oct), 0.4%, 0.5%

13:30 Retail Sales (MoM) (Oct), 0.6%, 0.1%

13:30 Retail Sales Ex Gas/Autos (MoM) (Oct), 0.4%, 0.1%

15:00 Business Inventories (MoM) (Sep), 0.3%, 0.5%

15:00 FOMC Member Quarles Speaks

15:30 Natural Gas Storage, 33B, 65B

16:00 Crude Oil Inventories, 3.182M, 5.783M

16:00 Crude Oil Imports, 0.275M

16:00 Cushing Crude Oil Inventories, 2.419M

16:00 Distillate Fuel Production, -0.020M

16:00 EIA Weekly Distillates Stocks, -1.741M, -3.465M

16:00 Gasoline Production, -0.650M

16:00 Heating Oil Stockpiles, -0.178M

16:00 Gasoline Inventories, -1.479M, 1.852M

16:30 Fed Chair Powell Speaks

18:00 FOMC Member Bostic Speaks

20:00 FOMC Member Kashkari Speaks

DJIA Market Happenings For Wednesday, November 14, 2018

Dow stocks at 52 week highs include Procter & Gamble (PG). Dow stock 52 week lows include Goldman Sachs (GS).

The Market

Premarket today, the Dow was indicated to open up +97 points.

Tuesday the Dow was down -100.69 (-0.40%) at 25,286.49.

Year-to-date the Dow is up +2.29%.

There were 10 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Intel (INTC) +1.595, American Express (AXP) +1.29% and Procter & Gamble (PG) +0.83%.

The Dow stock losers Tuesday were led by Exxon Mobil (XOM) -2.29%, Boeing (BA) -2.11% and Chevron (CVX) -1.74%.

3M (MMM +0.67%) may move higher initially this morning after its board authorized the repurchase of up to $10 billion of the company’s outstanding common stock.

European stocks are mostly higher and Asian markets ended mostly lower.

The national average price of gasoline is down nine-tenths of a cent at $2.677 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/25/2018 after the market close of $0.67, just beating estimates calling for $0.657 per share.

Walgreens (WBA) reported earnings on 10/11/18 before the market open of $1.48, barely beating estimates of $1.471 per share.

JPMorgan (JPM) reported earnings on 10/12/18 before the market open of $2.36, beating estimates calling for $2.26 per share.

Goldman Sachs (GS) reported earnings on 10/16/18 before the market open of $6.28, beating estimates of $5.695 per share.

IBM (IBM) reported earnings on 10/16/18 after the market close of $3.42, missing estimates of $3.434 per share.

Johnson & Johnson (JNJ) reported earnings on 10/16/18 before the market open of $2.05, missing estimates calling for $2.061 per share.

UnitedHealth (UNH) reported earnings on 10/16/18 before the market open of $3.41, beating estimates of $3.356 per share.

Procter & Gamble (PG) reported earnings on 10/19/2018 before the market open of $1.12,meeting expectations of $1.116 per share.

Travelers (TRV) reported earnings on 10/19/18 before the market open of $2.54, beating estimates calling for $2.19 per share.

American Express (AXP) reported earnings on 10/18/18 after the market close of $1.88,beating estimates of $1.808 per share.

McDonald’s (MCD) reported earnings on 10/23/2018 before the market open of $2.10, beating estimates of $2.012 per share.

3M (MMM) reported earnings on 10/23/2018 before the market open of $2.58, missing estimates of $2.726 per share.

United Technologies (UTX) reported earnings on 10/23/2018 before the market open of $1.93, beating estimates calling for $1.861 per share.

Verizon (VZ) reported earnings on 10/23/2018 before the market open of $1.22, beating estimates of $1.211 per share.

Boeing (BA) reported earnings on 10/24/2018 before the market open of $3.58, beating estimates calling for $3.513 per share.

Microsoft (MSFT) reported earnings on 10/24/2018 after the market close of $1.14, beating estimates of $1.007 per share.

Visa (V) reported earnings on 10/24/2018 after the market close of $1.21, missing estimates calling for $1.244 per share.

Merck (MRK) reported earnings on 10/25/2018 before the market open of $1.19, beating estimates calling for $1.167 per share.

Intel (INTC) reported earnings on 10/25/2018 after the market close of $1.40, beating estimates of $1.19 per share.

Coca Cola (KO) reported earnings on 10/30/2018 before the market open of $0.58, beating estimates of $0.559 per share.

Pfizer (PFE) reported earnings on 10/30/2018 before the market open of $0.78, meeting estimates of $0.782 per share.

Apple (AAPL) reported earnings on 11/1/2018 after the market close of $2.91, beating estimates calling for $2.838 per share.

Chevron (CVX) reported earnings on 11/2/2018 after the market close of $2.11, beating estimates of $2.083 per share.

Exxon Mobil (XOM) reported earnings on 11/2/2018 after the market close of $1.46, beating estimates of $1.199 per share.

Disney (DIS) reported earnings on 11/8/2018 after the market close of $1.48, beating estimates calling for $1.348 per share.

Home Depot (HD) reports earnings on 11/13/2018 before the market open of $2.51, beating estimates calling for $2.327 per share.

Cisco (CSCO) reports earnings on 11/14/2018 after the market close.

Walmart (WMT) reports earnings on 11/15/2018 before the market open.

Today’s Featured Dow Stock

JPMorgan (JPM)

Johnson & Johnson (JNJ) is up +2.48% year-to-date.

Financial Calendar

12:00 MBA 30-Year Mortgage Rate, 5.15%

12:00 MBA Mortgage Applications (WoW), -4.0%

12:00 MBA Purchase Index, 213.6

12:00 Mortgage Market Index, 316.2

12:00 Mortgage Refinance Index, 861.8

13:30 Core CPI (MoM) (Oct), 0.2%, 0.1%

13:30 Core CPI (YoY) (Oct), 2.2%, 2.2%

13:30 Core CPI Index (Oct), 258.44

13:30 CPI (MoM) (Oct), 0.3%, 0.1%

13:30 CPI (YoY) (Oct), 2.5%, 2.3%

13:30 CPI Index, n.s.a. (Oct), 252.80, 252.44

13:30 Real Earnings (MoM) (Oct), 0.2%, 0.2%

13:55 Redbook (MoM), 0.1%

13:55 Redbook (YoY), 6.1%

15:00 FOMC Member Quarles Speaks

15:30 Crude Oil Imports, 0.275M

15:30 Cushing Crude Oil Inventories, 2.419M

15:30 Distillate Fuel Production, -0.020M

15:30 EIA Weekly Distillates Stocks, -2.629M, -3.465M

15:30 Gasoline Production, -0.650M

15:30 Heating Oil Stockpiles, -0.178M

15:30 Gasoline Inventories, 1.852M

16:00 Cleveland CPI (MoM) (Oct), 0.2%

21:30 API Weekly Crude Oil Stock, 7.830M

22:00 FOMC Member Daly Speaks

23:00 Fed Chair Powell Speaks

The Dow Market Happenings For Tuesday, November 13, 2018

Dow stocks at 52 week highs include Coca Cola (KO), McDonald’s (MCD), Procter & Gamble (PG) and Verizon (VZ). Dow stock 52 week lows include Goldman Sachs (GS).

The Market

Premarket today, the Dow was indicated to open up +124 points.

Monday the Dow was down -602.12 (-2.32%) at 25,387.18.

Year-to-date the Dow is up +2.70%.

There were 4 Dow stocks up Monday.

The Dow stock winners Monday were led by Verizon (VZ) +0.44%, Coca Cola (KO) +0.38% and Procter & Gamble (PG) +0.31%.

The Dow stock losers Monday were led by Goldman Sachs (GS) -7.46%, Apple (AAPL) -5.04% and Home Depot (HD) -3.53%.

Dec WTI crude oil prices (CLZ18 -1.94%) this morning are down -$1.22 a barrel (-2.04%) at a 9-month low and Dec gasoline (RBZ18 -1.78%) is -3.12 (-1.91%) at a 13-month low.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is down nine-tenths of a cent at $2.686 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/25/2018 after the market close of $0.67, just beating estimates calling for $0.657 per share.

Walgreens (WBA) reported earnings on 10/11/18 before the market open of $1.48, barely beating estimates of $1.471 per share.

JPMorgan (JPM) reported earnings on 10/12/18 before the market open of $2.36, beating estimates calling for $2.26 per share.

Goldman Sachs (GS) reported earnings on 10/16/18 before the market open of $6.28, beating estimates of $5.695 per share.

IBM (IBM) reported earnings on 10/16/18 after the market close of $3.42, missing estimates of $3.434 per share.

Johnson & Johnson (JNJ) reported earnings on 10/16/18 before the market open of $2.05, missing estimates calling for $2.061 per share.

UnitedHealth (UNH) reported earnings on 10/16/18 before the market open of $3.41, beating estimates of $3.356 per share.

Procter & Gamble (PG) reported earnings on 10/19/2018 before the market open of $1.12,meeting expectations of $1.116 per share.

Travelers (TRV) reported earnings on 10/19/18 before the market open of $2.54, beating estimates calling for $2.19 per share.

American Express (AXP) reported earnings on 10/18/18 after the market close of $1.88,beating estimates of $1.808 per share.

McDonald’s (MCD) reported earnings on 10/23/2018 before the market open of $2.10, beating estimates of $2.012 per share.

3M (MMM) reported earnings on 10/23/2018 before the market open of $2.58, missing estimates of $2.726 per share.

United Technologies (UTX) reported earnings on 10/23/2018 before the market open of $1.93, beating estimates calling for $1.861 per share.

Verizon (VZ) reported earnings on 10/23/2018 before the market open of $1.22, beating estimates of $1.211 per share.

Boeing (BA) reported earnings on 10/24/2018 before the market open of $3.58, beating estimates calling for $3.513 per share.

Microsoft (MSFT) reported earnings on 10/24/2018 after the market close of $1.14, beating estimates of $1.007 per share.

Visa (V) reported earnings on 10/24/2018 after the market close of $1.21, missing estimates calling for $1.244 per share.

Merck (MRK) reported earnings on 10/25/2018 before the market open of $1.19, beating estimates calling for $1.167 per share.

Intel (INTC) reported earnings on 10/25/2018 after the market close of $1.40, beating estimates of $1.19 per share.

Coca Cola (KO) reported earnings on 10/30/2018 before the market open of $0.58, beating estimates of $0.559 per share.

Pfizer (PFE) reported earnings on 10/30/2018 before the market open of $0.78, meeting estimates of $0.782 per share.

Apple (AAPL) reported earnings on 11/1/2018 after the market close of $2.91, beating estimates calling for $2.838 per share.

Chevron (CVX) reported earnings on 11/2/2018 after the market close of $2.11, beating estimates of $2.083 per share.

Exxon Mobil (XOM) reported earnings on 11/2/2018 after the market close of $1.46, beating estimates of $1.199 per share.

Disney (DIS) reported earnings on 11/8/2018 after the market close of $1.48, beating estimates calling for $1.348 per share.

Home Depot (HD) reports earnings on 11/13/2018 before the market open of $2.51, beating estimates calling for $2.327 per share.

Cisco (CSCO) reports earnings on 11/14/2018 after the market close.

Walmart (WMT) reports earnings on 11/15/2018 before the market open.

Today’s Featured Dow Stock

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) is up +4.22% year-to-date.

Financial Calendar

11:20 OPEC Monthly Report

15:00 FOMC Member Brainard Speaks

15:00 FOMC Member Kashkari Speaks

16:30 3-Month Bill Auction, 2.320%

16:30 4-Week Bill Auction, 2.200%

16:30 6-Month Bill Auction, 2.450%

16:30 8-Week Bill Auction, 2.240%

19:00 Federal Budget Balance (Oct), -116.6B, 119.0B

19:20 FOMC Member Harker Speaks

22:00 FOMC Member Daly Speaks