The Dow Market Happenings For Tuesday, April 25, 2017

Dow stocks at 52 week highs include 3M (MMM), Home Depot (HD), Wal-Mart (WMT), Disney (DIS), McDonald’s (MCD). Microsoft (MSFT), Visa (V), UnitedHealth (UNH) and United Technologies (UTX). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +157 points.

Monday the Dow was up +216.13 (+1.05%) at 20,763.89.

Year-to-date the Dow is up +5.07%.

There were 26 Dow stocks up Monday.

The Dow stock winners Monday were led by JPMorgan (JPM) +3.53% and Goldman Sachs (GS) +2.93%.

The Dow stock losers Monday were led by Nike (NKE) -0.68% and Disney (DIS) -0.65%.

JPMorgan Chase (JPM +3.53%) was upgraded to ‘Buy’ from ‘Neutral’ at Guggenheim with a price target of $96.

Caterpillar (CAT) raised its guidance for full-year earnings to $3.75 per share from $2.90 per share. The Street expected $3.26 per share.
The company also revised its full-year revenue outlook from $38 billion to $41 billion versus the Street’s expectation of $38.27 billion. Earnings per share was $1.28 versus 62 cents a year ago. Revenue came in at $9.822 billion versus $9.271 billion a year ago.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down six-tenths of a cent at $2.413 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2017 after the market close of $0.68, beating estimates calling for $0.524 per share.

JPMorgan (JPM) reported earnings on 4/13/2017 before the market open of $1.65, beating estimates calling for $1.512 per share.

Johnson & Johnson (JNJ) reported earnings on 4/18/2017 before the market open of $1.83, beating estimates of $1.767 per share.

Goldman Sachs (GS) reported earnings on 4/18/2017 before the market open of $5.15, missing estimates calling for $5.34 per share.

UnitedHealth (UNH) reported earnings on 4/18/2017 before the market open of $2.37, beating estimates of $2.18 per share.

IBM (IBM) reported earnings on 4/18/2017 after the market close of $2.38, beating estimates calling for $2.341 per share.

American Express (AXP) reported earnings on 4/19/2017 after the market close of $1.34, beating estimates calling for $1.276 per share.

Travelers (TRV) reported earnings on 4/20/2017 before the market open of $2.16, missing estimates calling for $2.409 per share.

Verizon (VZ) reported earnings on 4/20/2017 before the market open of $0.95, missing estimates calling for $0.977 per share.

Visa (V) reported earnings on 4/20/2017 after the market close of $0.86, beating estimates calling for $0.789 per share.

General Electric (GE) reported earnings on 4/21/2017 before the market open of $0.21, beating estimates calling for $0.17 per share.

3M (MMM) reported earnings on 4/25/2017 before the market open$2.16, beating estimates calling for $2.069 per share.

Caterpillar (CAT) reported earnings on 4/25/2017 before the market open of $1.28, smashing estimates calling for $0.618 per share.

Dupont (DD) reported earnings on 4/25/2017 before the market open of $1.64, beating estimates of $1.383 per share.

Coca Cola (KO) reported earnings on 4/25/2017 before the market open of $0.43, missing estimates calling for $0.438 per share.

McDonald’s (MCD) reported earnings on 4/25/2017 before the market open of $1.47, beating estimates calling for $1.318 per share.

Boeing (BA) reports earnings on 4/26/2017 before the market open.

United Technologies (UTX) reports earnings on 4/26/2017 before the market open.

Procter & Gamble (PG) reports earnings on 4/26/2017 before the market open.

Intel (INTC) reports earnings on 4/27/2017 after the market close.

Microsoft (MSFT) reports earnings on 4/27/2017 after the market close.

Exxon Mobil (XOM) reports earnings on 4/28/2017 before the market open.

Today’s Featured Dow Stock

Home Depot (HD)

Home Depot (HD) is up +13.28% year-to-date.

Financial Calendar

0900 ET Feb FHFA house price index expected +0.4% m/m, Jan unch m/m.

0900 ET Feb S&P CoreLogic composite-20 home price index expected +0.77% m/m and +5.78% y/y, Jan +0.86% m/m and +5.73% y/y.

1000 ET Mar new home sales expected -1.5% to 583,000, Feb +6.1% to 592,000.

1000 ET Apr Conference Board U.S. consumer confidence index expected -3.1 to 122.5, Mar +9.5 to 125.6.

1000 ET Apr Richmond Fed manufacturing index expected -6 to 16, Mar +5 to 22.

1300 ET Treasury auctions $26 billion of 2-year T-notes.

DJIA Market Happenings For Monday, April 24, 2017

Dow stocks at 52 week highs include Disney (DIS), McDonald’s (MCD). Microsoft (MSFT), Visa (V), UnitedHealth (UNH) and United Technologies (UTX). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +204 points.

Friday the Dow was down -30.95 (-0.15%) at 20,547.76.

Year-to-date the Dow is up +3.97%.

There were 11 Dow stocks up Friday.

The Dow stock winners Friday were led by Microsoft (MSFT) +1.37% and United Technologies (UTX) +0.92%.

The Dow stock losers Friday were led by Verizon (VZ) -2.40% and General Electric (GE) -2.38%.

Travelers (TRV +0.19%) was upgraded to ‘Buy’ from ‘Hold’ at Argus with a price target of $132.

Walt Disney (DIS -0.30%) was downgraded to ‘Hold’ from ‘Buy’ at Loop Capital Markets.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is down one-tenth of a cent at $2.419 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2017 after the market close of $0.68, beating estimates calling for $0.524 per share.

JPMorgan (JPM) reported earnings on 4/13/2017 before the market open of $1.65, beating estimates calling for $1.512 per share.

Johnson & Johnson (JNJ) reported earnings on 4/18/2017 before the market open of $1.83, beating estimates of $1.767 per share.

Goldman Sachs (GS) reported earnings on 4/18/2017 before the market open of $5.15, missing estimates calling for $5.34 per share.

UnitedHealth (UNH) reported earnings on 4/18/2017 before the market open of $2.37, beating estimates of $2.18 per share.

IBM (IBM) reported earnings on 4/18/2017 after the market close of $2.38, beating estimates calling for $2.341 per share.

American Express (AXP) reported earnings on 4/19/2017 after the market close of $1.34, beating estimates calling for $1.276 per share.

Travelers (TRV) reported earnings on 4/20/2017 before the market open of $2.16, missing estimates calling for $2.409 per share.

Verizon (VZ) reported earnings on 4/20/2017 before the market open of $0.95, missing estimates calling for $0.977 per share.

Visa (V) reported earnings on 4/20/2017 after the market close of $0.86, beating estimates calling for $0.789 per share.

General Electric (GE) reported earnings on 4/21/2017 before the market open of $0.21, beating estimates calling for $0.17 per share.

3M (MMM) reports earnings on 4/25/2017 before the market open.

Caterpillar (CAT) reports earnings on 4/25/2017 before the market open.

Dupont (DD) reports earnings on 4/25/2017 before the market open.

Coca Cola (KO) reports earnings on 4/25/2017 before the market open.

McDonald’s (MCD) reports earnings on 4/25/2017 before the market open.

Boeing (BA) reports earnings on 4/26/2017 before the market open.

United Technologies (UTX) reports earnings on 4/26/2017 before the market open.

Procter & Gamble (PG) reports earnings on 4/26/2017 before the market open.

Intel (INTC) reports earnings on 4/27/2017 after the market close.

Microsoft (MSFT) reports earnings on 4/27/2017 after the market close.

Exxon Mobil (XOM) reports earnings on 4/28/2017 before the market open.

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) is down -9.43% year-to-date.

Financial Calendar

0830 ET Mar Chicago Fed national activity index, Feb +0.36 to 0.34.

1030 ET Apr Dallas Fed manufacturing activity expected +0.6 to 17.5, Mar -7.6 to 16.9.

1100 ET USDA weekly grain export inspections.

1130 ET Minneapolis Fed President Neel Kashkari speaks at an inventing conference at UCLA University.

1500 ET USDA Mar Cold Storage.

1600 ET USDA crop conditions and planting progress.

The Dow Market Happenings For Friday, April 21, 2017

Dow stocks at 52 week highs include Disney (DIS), McDonald’s (MCD) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +2 points.

Thursday the Dow was up +174.22 (+0.85%) at 20,578.71.

Year-to-date the Dow is up +4.13%.

There were 25 Dow stocks up Thursday.

The Dow stock winners Thursday were led by American Express (AXP) +5.92% and Caterpillar (CAT) +2.11%.

The Dow stock losers Thursday were led by Travelers (TRV) -1.26% and Verizon (VZ) -1.08%.

Visa (V +1.56%) rose almost 3% in after-hours trading after it reported Q2 adjusted EPS of 86 cents, better than consensus of 79 cents

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

The national average price of gasoline is up seven-tenths of a cent at $2.423 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2017 after the market close of $0.68, beating estimates calling for $0.524 per share.

JPMorgan (JPM) reported earnings on 4/13/2017 before the market open of $1.65, beating estimates calling for $1.512 per share.

Johnson & Johnson (JNJ) reported earnings on 4/18/2017 before the market open of $1.83, beating estimates of $1.767 per share.

Goldman Sachs (GS) reported earnings on 4/18/2017 before the market open of $5.15, missing estimates calling for $5.34 per share.

UnitedHealth (UNH) reported earnings on 4/18/2017 before the market open of $2.37, beating estimates of $2.18 per share.

IBM (IBM) reported earnings on 4/18/2017 after the market close of $2.38, beating estimates calling for $2.341 per share.

American Express (AXP) reported earnings on 4/19/2017 after the market close of $1.34, beating estimates calling for $1.276 per share.

Travelers (TRV) reported earnings on 4/20/2017 before the market open of $2.16, missing estimates calling for $2.409 per share.

Verizon (VZ) reported earnings on 4/20/2017 before the market open of $0.95, missing estimates calling for $0.977 per share.

Visa (V) reported earnings on 4/20/2017 after the market close of $0.86, beating estimates calling for $0.789 per share.

General Electric (GE) reported earnings on 4/21/2017 before the market open of $0.21, beating estimates calling for $0.17 per share.

3M (MMM) reports earnings on 4/25/2017 before the market open.

Caterpillar (CAT) reports earnings on 4/25/2017 before the market open.

Dupont (DD) reports earnings on 4/25/2017 before the market open.

Coca Cola (KO) reports earnings on 4/25/2017 before the market open.

McDonald’s (MCD) reports earnings on 4/25/2017 before the market open.

Boeing (BA) reports earnings on 4/26/2017 before the market open.

United Technologies (UTX) reports earnings on 4/26/2017 before the market open.

Procter & Gamble (PG) reports earnings on 4/26/2017 before the market open.

Intel (INTC) reports earnings on 4/27/2017 after the market close.

Microsoft (MSFT) reports earnings on 4/27/2017 after the market close.

Exxon Mobil (XOM) reports earnings on 4/28/2017 before the market open.

Today’s Featured Dow Stock

General Electric (GE)

General Electric (GE) is down -4.21% year-to-date.

Financial Calendar

0930 ET Minneapolis Fed President Neel Kashkari (voter) participates in a Q&A at the Hamline University Community Economic Development Symposium in St. Paul, MN.

0945 ET Apr Markit manufacturing PMI expected +0.2 to 53.5, Mar -0.9 to 53.3. Apr Markit services PMI expected +0.6 to 53.4, Mar -1.0 to 52.8.

1000 ET Mar existing home sales expected +2.2% to 5.60 million, Feb -3.7% to 5.48 million.

1500 ET USDA Mar Cattle on Feed.