DJIA Market Happenings For Friday, July 22, 2016

Dow stocks at 52 week highs include Cisco (CSCO) and Caterpillar (CAT).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -2 points.

Thursday the Dow was down -77.80 (-0.42%) at 18,517.23.

Year-to-date the Dow is up +6.27%.

There were 5 Dow stocks up Thursday.

The Dow stock winners Thursday were led by McDonald’s (MCD) +0.89% and Caterpillar (CAT) +0.40%.

The Dow stock losers Thursday were led by Intel (INTC) -3.98% and American Express (AXP) -1.63%.

Visa (V -0.72%) reported Q3 adjusted EPS of 69 cents, higher than consensus of 67 cents, and authorized anew $5 billion share repurchase program.

General Electric (GE) posted adjusted earnings of 51 cents a share, topping the 46 cents expected.

European stocks are mostly lower and Asian markets ended lower.

The national average price of gasoline is down eight-tenths of a cent at $2.178 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 6/28/16 after the market close of $0.49, beating estimates calling for $0.477 per share.

JPMorgan (JPM) reported earnings on 7/14/2016 before the market open of $1.55, beating estimates calling for $1.431 per share.

IBM (IBM) reported earnings on 7/18/2016 after the market close of $2.95, beating estimates of $2.871 per share.

Goldman Sachs (GS) reported earnings on 7/19/2016 before the market open of $3.72, beating consensus of $3.013 per share.

Johnson & Johnson (JNJ) reported earnings on 7/19/2016 before the market open of $1.74, beating estimates calling for $1.675 per share.

UnitedHealth (UNH) reported earnings on 7/19/2016 before the market open of $1.96, beating estimates calling for $2.871 per share.

Microsoft (MSFT) reports earnings on 7/19/2016 after the market close of $0.69, beating estimates calling for $0.576 per share.

American Express (AXP) reports earnings on 7/20/2016 after the close.

Intel (INTC) reports earnings on 7/20/2016 after the close.

Travelers (TRV) reports earnings on 7/21/2016 before the market open.

Visa (V) reports earnings on 7/21/2016 after the close.

General Electric (GE) reports earnings on 7/22/2016 before the market open.

Caterpillar (CAT) reports earnings on 7/26/2016 before the market open.

McDonald’s (MCD) reports earnings on 7/26/2016 before the market open.

Apple (AAPL) reports earnings on 7/26/2016 after the market close.

United Technologies (UTX) reports earnings on 7/26/2016 before the market open.

Verizon (VZ) reports earnings on 7/26/2016 before the market open.

Dupont (DD) reports earnings on 7/26/2016 after the market close.

Boeing (BA) reports earnings on 7/27/2016 before the market open.

Coca Cola (KO) reports earning on 7/27/2016 before the market open.

Chevron (CVX) reports earnings on 7/29/2016 before the market open.

Exxon Mobil (XOM) reports earnings on 7/29/2016 before the market open.

Merck (MRK) reports earnings on 7/29/2016 before the market open.

Pfizer (PFE) reports earnings on 8/2/2016 before the market open.

Procter & Gamble (PG) reports earnings on 8/2/2016 before the market open.

Today’s Featured Dow Stock

Boeing (BA)

Boeing (BA) is down -7.65% year-to-date.

Financial Calendar

0945 ET Preliminary-Jul Markit U.S. manufacturing PMI expected +0.2 to 51.5, Jun +0.6 to 51.3.

1500 ET USDA Jun Cold Storage.

1500 ET USDA Jun Cattle on Feed.

n/a G-20 finance ministers and central bank governor deputies meet in Chengdu, China (Jul 22-24).

The Dow Market Happenings For Wednesday, July 20, 2016

Dow stocks at 52 week highs include General Electric (GE), Cisco (CSCO) and Johnson & Johnson (JNJ).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -2 points.

Tuesday the Dow was up +25.96 (+0.14%) at 18,559.01.

Year-to-date the Dow is up +6.51%.

There were 15 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by McDonald’s (MCD) +2.18% and Johnson & Johnson (JNJ) +1.71%.

The Dow stock losers Tuesday were led by Microsoft (MSFT) -1.61% and Goldman Sachs (GS) -1.18%.

Microsoft (MSFT -1.61%) rallied over 4% in premarket trading after it reported Q4 adjusted EPS of 69 cents, higher than consensus of 58 cents.

Verizon (VZ -0.41%) was downgraded to ‘Market Perform’ from ‘Outperform’ at Oppenheimer.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down seven-tenths of a cent at $2.194 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 6/28/16 after the market close of $0.49, beating estimates calling for $0.477 per share.

JPMorgan (JPM) reported earnings on 7/14/2016 before the market open of $1.55, beating estimates calling for $1.431 per share.

IBM (IBM) reported earnings on 7/18/2016 after the market close of $2.95, beating estimates of $2.871 per share.

Goldman Sachs (GS) reported earnings on 7/19/2016 before the market open of $3.72, beating consensus of $3.013 per share.

Johnson & Johnson (JNJ) reported earnings on 7/19/2016 before the market open of $1.74, beating estimates calling for $1.675 per share.

UnitedHealth (UNH) reported earnings on 7/19/2016 before the market open of $1.96, beating estimates calling for $2.871 per share.

Microsoft (MSFT) reports earnings on 7/19/2016 after the market close of $0.69, beating estimates calling for $0.576 per share.

American Express (AXP) reports earnings on 7/20/2016 after the close.

Intel (INTC) reports earnings on 7/20/2016 after the close.

Travelers (TRV) reports earnings on 7/21/2016 before the market open.

Visa (V) reports earnings on 7/21/2016 after the close.

General Electric (GE) reports earnings on 7/22/2016 before the market open.

Caterpillar (CAT) reports earnings on 7/26/2016 before the market open.

McDonald’s (MCD) reports earnings on 7/26/2016 before the market open.

Apple (AAPL) reports earnings on 7/26/2016 after the market close.

United Technologies (UTX) reports earnings on 7/26/2016 before the market open.

Dupont (DD) reports earnings on 7/26/2016 after the market close.

Boeing (BA) reports earnings on 7/27/2016 before the market open.

Coca Cola (KO) reports earning on 7/27/2016 before the market open.

Today’s Featured Dow Stock

Apple (AAPL)

Apple (AAPL) is down -5.12% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +7.2% with purchase sub-index unch and refi sub-index +11.2%.

1030 ET EIA Weekly Petroleum Status Report.