The Dow Market Happenings For Friday, April 29, 2016

There are no Dow stocks at 52 week highs.There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -48 points.

Thursday the Dow was down -210.79 (-1.17%) at 17,830.76.

Year-to-date the Dow is up +3.54%.

There were zero (0) Dow stocks up Thursday. The uptrend might be turning.

The Dow stock winners Thursday were not to be found.

The Dow stock losers Thursday were led by Apple (AAPL) -3.06%, Cisco (CSCO) -2.37%, IBM (IBM)-2.26%, Home Depot (HD) -2.22% and Microsoft (MSFT) -2.04%. Looks like Tech is leading these losers.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is up 2.2 cents at $2.173 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/13/2016 before the market open of $1.35, beating estimates of $1.259 per share.

IBM (IBM) reported earnings on 4/18/2016 after the market open of $2.35, beating estimates of $2.085 per share.

Goldman Sachs (GS) reported earnings on 4/19/2016 before the market open of $2.68, beating estimates for $2.566 per share.

Intel (INTC) reported earnings on 4/19/2016 after the market open of $0.54, beating estimates for $0.47 per share.

Johnson & Johnson (JNJ) reported earnings on 4/19/2016 before the market open of $1.72, beating estimates for $1.639 per share.

UnitedHealth (UNH) reported earnings on 4/19/2016 before the market open of $1.81, beating estimates for $1.721 per share.

Coca Cola (KO) reported earnings on 4/20/2016 before the market open of $0.45, beating estimates of $0.44 per share.

American Express (AXP) reported earnings on 4/20/2016 after the market close of $1.45, beating estimates of $1.355 per share.

Travelers (TRV) reports earnings on 4/21/2016 before the market open.

Verizon (VZ) reports earnings on 4/21/2016 before the market open.

Microsoft (MSFT) reports earnings on 4/21/2016 after the market open.

Visa (V) reports earnings on 4/21/2016 after the market open.

Caterpillar (CAT) reports earnings on 4/22/2016 before the market open.

General Electric (GE) reports earnings on 4/22/2016 before the market open.

McDonald’s reports earnings on 4/22/2016 before the market open.

Apple (AAPL) reported earnings on 4/25/2016 after the market close of $1.90, missing estimates calling for $1.97 per share.

3M (MMM) reported earnings on 4/26/2016 before the market open of $2.05, beating estimates of $1.924 per share..

Dupont (DD) reports earnings on 4/26/2016 before the market open.

Procter & Gamble (PG) reported earnings on 4/26/2016 before the market open of $0.89, beating estimates of $0.81 per share..

Boeing (BA) reported earnings on 4/27/2016 before the market open of $1.74, missing estimates calling for $1.806 per share.

United Technologies (UTX) reported earnings on 4/27/2016 before the market open of $1.47, beating estimates of $1.387 per share.

Chevron (CVX) reports earnings on 4/29/2016 before the market open.

Exxon Mobil (XOM) reports earnings on 4/29/2016 before the market open.

Pfizer (PFE) reports earnings on 5/3/2016 before the market open.

Merck (MRK) reports earnings on 5/5/2016 before the market open.

Today’s Featured Dow Stock

General Electric (GE)

General Electric (GE) is up +0.80% year-to-date.

Financial Calendar

0630 ET Dallas Fed President Robert Kaplan delivers a speech to the Official Monetary and Financial Institutions Forum in London.

0830 ET Mar personal spending expected +0.2%, Feb +0.1%. Mar personal income expected +0.3%, Feb +0.2%.

0830 ET Mar PCE deflator expected +0.1% m/m and +0.8% y/y, Feb -0.1% m/m and +1.0% y/y. Mar core PCE deflator expected +0.1% m/m and +1.5% y/y, Feb +0.1% m/m and +1.7% y/y.

0830 ET Q1 employment cost index expected +0.6%, Q4 +0.6%.

0900 ET Apr Milwaukee ISM, Mar +2.57 to 57.78.

0945 ET Apr Chicago PMI expected -0.8 to 52.8, Mar +6.0 to 53.6.

1000 ET Final-April University of Michigan U.S. consumer sentiment index expected +0.3 to 90.0, preliminary-April -1.3 to 89.7.

1000 ET U.S. retail sales benchmark revisions.

DJIA Market Happenings For Thursday, April 28, 2016

There are no Dow stocks at 52 week highs.There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -130 points.

Wednesday the Dow was up +51.23 (+0.28%) at 18,041.55.

Year-to-date the Dow is up +3.54%.

There were 22 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Boeing (BA) +2.88% and Verizon (VZ) +2.48%.

The Dow stock losers Wednesday were led by Apple (AAPL) -6.26% and UnitedHealth (UNH) -1.07%.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is up 2.2 cents at $2.173 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/13/2016 before the market open of $1.35, beating estimates of $1.259 per share.

IBM (IBM) reported earnings on 4/18/2016 after the market open of $2.35, beating estimates of $2.085 per share.

Goldman Sachs (GS) reported earnings on 4/19/2016 before the market open of $2.68, beating estimates for $2.566 per share.

Intel (INTC) reported earnings on 4/19/2016 after the market open of $0.54, beating estimates for $0.47 per share.

Johnson & Johnson (JNJ) reported earnings on 4/19/2016 before the market open of $1.72, beating estimates for $1.639 per share.

UnitedHealth (UNH) reported earnings on 4/19/2016 before the market open of $1.81, beating estimates for $1.721 per share.

Coca Cola (KO) reported earnings on 4/20/2016 before the market open of $0.45, beating estimates of $0.44 per share.

American Express (AXP) reported earnings on 4/20/2016 after the market close of $1.45, beating estimates of $1.355 per share.

Travelers (TRV) reports earnings on 4/21/2016 before the market open.

Verizon (VZ) reports earnings on 4/21/2016 before the market open.

Microsoft (MSFT) reports earnings on 4/21/2016 after the market open.

Visa (V) reports earnings on 4/21/2016 after the market open.

Caterpillar (CAT) reports earnings on 4/22/2016 before the market open.

General Electric (GE) reports earnings on 4/22/2016 before the market open.

McDonald’s reports earnings on 4/22/2016 before the market open.

Apple (AAPL) reported earnings on 4/25/2016 after the market close of $1.90, missing estimates calling for $1.97 per share.

3M (MMM) reported earnings on 4/26/2016 before the market open of $2.05, beating estimates of $1.924 per share..

Dupont (DD) reports earnings on 4/26/2016 before the market open.

Procter & Gamble (PG) reported earnings on 4/26/2016 before the market open of $0.89, beating estimates of $0.81 per share..

Boeing (BA) reported earnings on 4/27/2016 before the market open of $1.74, missing estimates calling for $1.806 per share.

United Technologies (UTX) reported earnings on 4/27/2016 before the market open of $1.47, beating estimates of $1.387 per share.

Chevron (CVX) reports earnings on 4/29/2016 before the market open.

Exxon Mobil (XOM) reports earnings on 4/29/2016 before the market open.

Pfizer (PFE) reports earnings on 5/3/2016 before the market open.

Merck (MRK) reports earnings on 5/5/2016 before the market open.

Today’s Featured Dow Stock

Dupont (DD)

Dupont (DD) is up +1.31% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected +12,000 to 259,000, previous -6,000 to 247,000. Weekly continuing claims expected unch at 2.137 million, previous -29,000 to 2.137 million.

0830 ET Q1 GDP expected +0.6% (q/q annualized), Q4 +1.4% (q/q annualized). Q1 personal consumption expected +1.7%, Q4 +2.4%. Q1 GDP price index expected +0.6%, Q4 +0.9%. Q1 core PCE deflator expected +1.9% q/q, Q4 +1.3% q/q.

0830 ET USDA weekly Export Sales.

1100 ET Apr Kansas City Fed manufacturing activity, Mar +6 to -6.

1130 ET Treasury auctions $15 billion of 2-year floating rate notes.

1300 ET Treasury auctions $28 billion of 7-year T-notes.