DJIA Market Happenings For Monday, April 22, 2019

Dow stocks at 52 week highs include Disney (DIS), McDonald’s (MCD), Microsoft (MSFT), Nike (NKE), Procter & Gamble (PG), Travelers (TRV) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -96 points.

Thursday the Dow was up +110.00 (+0.42%) at 26,559.54.

Year-to-date the Dow is up +13.86%.

There were 18 Dow stocks up Thursday.

The Dow stock winners Thursday were led by UnitedHealth (UNH) +2.26%, Travelers (TRV) +2.25% and McDonald’s (MCD) +1.72%.

The Dow stock losers Thursday were led by Pfizer (PFE) -1.25%, Merck (MRK) -0.99% and Goldman Sachs (GS) -0.96%.

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

The national average price of gasoline is unchanged at $2.842 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/21/2019 after the market close of $0.68, beating estimates of $0.662 per share.

Walgreens (WBA) reported earnings on 4/2/2019 before the market open of $1.64, missing estimates calling for $1.732 per share.

JPMorgan (JPM) reported earnings on 4/12/201 before the market open of $2.65, beating estimates calling for $2.337 per share.

Goldman Sachs (GS) reports earnings on 4/15/201 before the market open of $5.71, beating estimates calling for $5.243 per share.

Johnson & Johnson (JNJ) reported earnings on 4/16/201 before the market open of $2.10, beating estimates of $2.064 per share.

UnitedHealth (UNH) reported earnings on 4/16/201 before the market open of $3.73, beating estimates calling for $3.63 per share.

IBM (IBM) reported earnings on 4/16/2019 after the market close of $2.25, missing estimates of $2.271 per share.

American Express (AXP) reported earnings on 4/18/201 before the market open of $2.01, essentially meeting estimates of $2.014 per share.

Travelers (TRV) reported earnings on 4/18/201 before the market open of $2.83, beating estimates calling for $2.678 per share.

Coca Cola (KO) reports earnings on 4/23/201 before the market open.

Procter & Gamble (PG) reports earnings on 4/23/201 before the market open.

Verizon (VZ) reports earnings on 4/23/201 before the market open.

United Technologies (UTX) reports earnings on 4/23/201 before the market open.

Boeing (BA) reports earnings on 4/24/201 before the market open.

Caterpillar (CAT) reports earnings on 4/24/201 before the market open.

Microsoft (MSFT) reports earnings on 4/24/2019 after the market close.

Visa (V) reports earnings on 4/24/2019 after the market close.

3M (MMM) reports earnings on 4/25/201 before the market open.

Intel (INTC) reports earnings on 4/25/2019 after the market close.

Chevron (CVX) reports earnings on 4/26/201 before the market open.

Exxon Mobil (XOM) reports earnings on 4/26/201 before the market open.

McDonald’s (MCD) reports earnings on 4/30/201 before the market open.

Merck (MRK) reports earnings on 4/30/201 before the market open.

Pfizer (PFE) reports earnings on 4/30/201 before the market open.

Apple (AAPL) reports earnings on 4/30/2019 after the market close.

Today’s Featured Dow Stock

Walgreens (WBA)

Walgreens (WBA) is down -20.05% year-to-date.

Financial Calendar

8:30 AM ET Chicago Fed National Activity Index

10:00 AM ET Existing Home Sales

The Dow Market Happenings For Thursday, April 18, 2019

Dow stocks at 52 week highs include Intel (INTC), Microsoft (MSFT), Nike (NKE) and Procter & Gamble (PG). Dow stock 52 week lows include UnitedHealth (UNH).

The Market

Premarket today, the Dow was indicated to open up +55 points.

Wednesday the Dow was up +67.89 (+0.26%) at 26,452.66.

Year-to-date the Dow is up +13.40%.

There were 18 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Intel (INTC) +3.26%, Goldman Sachs (GS) +3.00% and JPMorgan (JPM) +2.88%.

The Dow stock losers Wednesday were led by Merck (MRK) -4.69%, IBM (IBM) -4.15% and Pfizer (PFE) -2.54%.

The Mueller report is coming today.

American Express (AXP) and Travelers (TRV) reported earnings this morning. See earnings section below.

Unemployment insurance weekly claims in the week ending April 13, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 5,000 from the previous week’s revised level. This is the lowest level for initial claims since September 6, 1969 when it was 182,000. The previous week’s level was revised up by 1,000 from 196,000 to 197,000. The 4-week moving average was 201,250, a decrease of 6,000 from the previous week’s revised average. This is the lowest level for this average since November 1, 1969 when it was 200,500. The previous week’s average was revised up by 250 from 207,000 to 207,250.

European stocks are mostly higher and Asian markets ended lower.

The national average price of gasoline is up four-tenths of a cent at $2.836 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/21/2019 after the market close of $0.68, beating estimates of $0.662 per share.

Walgreens (WBA) reported earnings on 4/2/2019 before the market open of $1.64, missing estimates calling for $1.732 per share.

JPMorgan (JPM) reported earnings on 4/12/201 before the market open of $2.65, beating estimates calling for $2.337 per share.

Goldman Sachs (GS) reports earnings on 4/15/201 before the market open of $5.71, beating estimates calling for $5.243 per share.

Johnson & Johnson (JNJ) reported earnings on 4/16/201 before the market open of $2.10, beating estimates of $2.064 per share.

UnitedHealth (UNH) reported earnings on 4/16/201 before the market open of $3.73, beating estimates calling for $3.63 per share.

IBM (IBM) reported earnings on 4/16/2019 after the market close of $2.25, missing estimates of $2.271 per share.

American Express (AXP) reported earnings on 4/18/201 before the market open of $2.01, essentially meeting estimates of $2.014 per share.

Travelers (TRV) reported earnings on 4/18/201 before the market open of $2.83, beating estimates calling for $2.678 per share.

Coca Cola (KO) reports earnings on 4/23/201 before the market open.

Procter & Gamble (PG) reports earnings on 4/23/201 before the market open.

Verizon (VZ) reports earnings on 4/23/201 before the market open.

United Technologies (UTX) reports earnings on 4/23/201 before the market open.

Boeing (BA) reports earnings on 4/24/201 before the market open.

Caterpillar (CAT) reports earnings on 4/24/201 before the market open.

Microsoft (MSFT) reports earnings on 4/24/2019 after the market close.

Visa (V) reports earnings on 4/24/2019 after the market close.

3M (MMM) reports earnings on 4/25/201 before the market open.

Intel (INTC) reports earnings on 4/25/2019 after the market close.

Chevron (CVX) reports earnings on 4/26/201 before the market open.

Exxon Mobil (XOM) reports earnings on 4/26/201 before the market open.

McDonald’s (MCD) reports earnings on 4/30/201 before the market open.

Merck (MRK) reports earnings on 4/30/201 before the market open.

Pfizer (PFE) reports earnings on 4/30/201 before the market open.

Apple (AAPL) reports earnings on 4/30/2019 after the market close.

Today’s Featured Dow Stock

Walmart (WMT)

Visa (V) is up +10.75% year-to-date.

Financial Calendar

8:30 AM ET Jobless Claims

8:30 AM ET Philadelphia Fed Business Outlook Survey

8:30 AM ET Retail Sales

9:45 AM ET PMI Composite FLASH

10:00 AM ET Business Inventories

10:00 AM ET Leading Indicators

10:30 AM ET EIA Natural Gas Report

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply

DJIA Market Happenings For Wednesday, April 17, 2019

Dow stocks at 52 week highs include Cisco (CSCO), McDonald’s (MCD), Microsoft (MSFT), Procter & Gamble (PG) and Visa (V). Dow stock 52 week lows include UnitedHealth (UNH).

The Market

Premarket today, the Dow was indicated to open up +68 points.

Tuesday the Dow was up +67.89 (+0.26%) at 26,452.66.

Year-to-date the Dow is up +13.40%.

There were 21 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Boeing (BA) +1.67%, Caterpillar (CAT) +1.27% and Dow (DOW) +1.25%.

The Dow stock losers Tuesday were led by UnitedHealth (UNH) -4.01%, Pfizer (PFE) -2.78% and Disney (DIS) -1.62%.

IBM (IBM) revenue slumped 4.7% year-over-year to $18.2 billion in the first quarter, making for the third straight quarterly drop. See earnings section below.

Intel (INTC) is giving up on its 5G smartphone business. CEO Bob Swan put out a statement on Tuesday saying there was “no clear path to profitability and positive returns” for Intel’s smartphone-modem business.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up one-tenth of a cent at $2.832 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/21/2019 after the market close of $0.68, beating estimates of $0.662 per share.

Walgreens (WBA) reported earnings on 4/2/2019 before the market open of $1.64, missing estimates calling for $1.732 per share.

JPMorgan (JPM) reported earnings on 4/12/201 before the market open of $2.65, beating estimates calling for $2.337 per share.

Goldman Sachs (GS) reports earnings on 4/15/201 before the market open of $5.71, beating estimates calling for $5.243 per share.

Johnson & Johnson (JNJ) reported earnings on 4/16/201 before the market open of $2.10, beating estimates of $2.064 per share.

UnitedHealth (UNH) reported earnings on 4/16/201 before the market open of $3.73, beating estimates calling for $3.63 per share.

IBM (IBM) reported earnings on 4/16/2019 after the market close of $2.25, missing estimates of $2.271 per share.

American Express (AXP) reports earnings on 4/18/201 before the market open.

Travelers (TRV) reports earnings on 4/18/201 before the market open.

Coca Cola (KO) reports earnings on 4/23/201 before the market open.

Procter & Gamble (PG) reports earnings on 4/23/201 before the market open.

Verizon (VZ) reports earnings on 4/23/201 before the market open.

United Technologies (UTX) reports earnings on 4/23/201 before the market open.

Boeing (BA) reports earnings on 4/24/201 before the market open.

Caterpillar (CAT) reports earnings on 4/24/201 before the market open.

Microsoft (MSFT) reports earnings on 4/24/2019 after the market close.

Visa (V) reports earnings on 4/24/2019 after the market close.

3M (MMM) reports earnings on 4/25/201 before the market open.

Intel (INTC) reports earnings on 4/25/2019 after the market close.

Chevron (CVX) reports earnings on 4/26/201 before the market open.

Exxon Mobil (XOM) reports earnings on 4/26/201 before the market open.

Today’s Featured Dow Stock

Visa (V)

Visa (V) is up +21.44% year-to-date.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

8:30 AM ET International Trade

10:00 AM ET Wholesale Trade

10:30 AM ET EIA Petroleum Status Report

2:00 PM ET Beige Book