The Dow Market Happenings For Wednesday, May 6, 2015

Dow stocks at 52 week highs include JPMorgan (JPM) and Disney (DIS). There are no Dow stock 52 week lows.

The Market

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

Tuesday, the Dow was down -142.20 (-0.79%) at 17,928.20.

Year-to-date the Dow is up +1.39%.

There was 1 Dow stock up Tuesday.

The Dow stock winner Tuesday was Visa (V) +0.58%. Somehow McDonald’s (MCD) was unchanged.

The Dow stock losers Tuesday were led by Intel (INTC) -2.36%, Apple (AAPL) -2.26% and Home Depot (HD) -1.82%.

ADP reports private sector employment increased by 169,000 jobs from March to April. Estimates were for 200,000.

European stocks are higher and Asian markets ended lower.

The national average price of gasoline is up one cent at $2.638 per gallon.

Earnings Reports.

1. Johnson & Johnson (JNJ) reported Q1 EPS of $1.53, below consensus of $1.54 on 4/14/2015 before the market open.

2. JMorgan (JPM) reported Q1 EPS of $1.61, better than consensus of $1.41 on 4/14/2015 before the market open.

3. Intel (INTC) reports earnings on 4/14/2015 after the market close.

4. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

5. American Express reports earnings on 4/16/2015 after the market close.

6. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

7. United Health (UNH) reports earnings on 4/16/2015 before the market open.

8. General Electric (GE) reports earnings on 4/17/2015 before the market open.

9. IBM (IBM) reports earnings on 4/20/2015 after the market close.

10. Dupont (DD) reports earnings on 4/21/2015before the market open.

11. Travelers (TRV) reports earnings on 4/21/2015 before the market open.

12. Verizon (VZ) reported earnings on 4/21/2015 before the market open of $1.02, beating consensus of $0.954 per share.

13. United Technologies (UTX) reported earnings on 4/21/2015 before the market open of $1.51, beating consensus of $1.438 per share.

14. Caterpillar (CAT) reported earnings on 4/23/2015 before the market open of $1.86, beating consensus of $1.348 per share.

15. Coca Cola (KO) reports earnings on 4/22/2015 before the market open of $0.48, beating consensus of $0.43 per share.

16. McDonald’s (MCD) reports earnings on 4/22/2015 before the market open of $0.84, missing consensus of $1.055 per share.

17. Boeing (BA) reports earnings on 4/22/2015 before the market open of $1.97, beating consensus of $1.805 per share.

18. 3M (MMM) reports earnings on 4/23/2015 before the market open.

19. Procter & Gamble (PG) reports earnings on 4/23/2015 before the market open.

20. Microsoft (MSFT) reports earnings on 4/23/2015 after the market close

21. Apple (AAPL) reports earnings on 4/27/2015 after the market close.

22. Pfizer (PFE) reports earnings on 4/28/2015 before the market open.

23. Merck (MRK) reports earnings on 4/28/2015 before the market open.

24. Exxon Mobil (XOM) reports earnings on 4/30/2015 before the market open.

25. Visa (V) reports earnings on 4/30/2015 after the market open.

26. Chevron (CVX) reports earnings on 5/1/2015 before the market open.

27. Disney (DIS) reported earnings on 5/5/2015 after the market open of $1.23, beating consensus of $1.113 per share.

28. Cisco (CSCO) reports earnings on 5/13/2015 after the market open.

29. Home Depot (HD) reports earnings on 5/19/2015 before the market open.

Today’s Featured Dow Stock

IBM (IBM)

IBM (IBM) is up +6.16% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous -2.3% with purchase sub-index unch and refi sub-index -3.7%.

0815 ET Apr ADP employment change expected +200,000, Mar +189,000.

0830 ET Treasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $21 billion) and 30-year T-bonds (previous $13 billion) to be auctioned May 12-14 in the Treasurys quarterly refunding.

0830 ET Q1 non-farm productivity expected -1.9%, Q4 -2.2%. Q1 unit labor costs expected +4.5%, Q4 +4.1%.

0915 ET Fed Chair Janet Yellen and IMF Managing Director Christine Lagarde speak on topics in finance, governance, and society on a panel discussion at an Institute for New Economic Thinking conference in Washington, D.C.

1030 ET EIA Weekly Petroleum Status Report.

1315 ET Kansas City Fed President Esther George speaks on Credit Markets: Booms, Busts and Distortions on a panel discussion at an Institute for New Economic Thinking conference in Washington, D.C.

1330 ET Atlanta Fed President Dennis Lockhart speaks on the economic outlook and monetary policy to the Baton Rouge Rotary.

DJIA Market Happenings For Tuesday, May 5, 2015

Dow stocks at 52 week highs include JPMorgan (JPM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -35 points.

Monday, the Dow was up +46.34 (+0.26%) at 18,070.60.

Year-to-date the Dow is up +1.39%.

There were 21 Dow stocks up Monday.

Dow stock winners Monday were led by JPMorgan (JPM) +1.75% and Merck (MRK) +1.30%.

The Dow stock losers Monday were led by McDonald’s (MCD) -1.71% and Microsoft (MSFT) -0.85%.

Disney (DIS) reported earnings of $1.23 per share, beating estimates calling for $1.113 per share.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up eight-tenths of a cent at $2.628 per gallon.

Earnings Reports.

1. Johnson & Johnson (JNJ) reported Q1 EPS of $1.53, below consensus of $1.54 on 4/14/2015 before the market open.

2. JMorgan (JPM) reported Q1 EPS of $1.61, better than consensus of $1.41 on 4/14/2015 before the market open.

3. Intel (INTC) reports earnings on 4/14/2015 after the market close.

4. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

5. American Express reports earnings on 4/16/2015 after the market close.

6. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

7. United Health (UNH) reports earnings on 4/16/2015 before the market open.

8. General Electric (GE) reports earnings on 4/17/2015 before the market open.

9. IBM (IBM) reports earnings on 4/20/2015 after the market close.

10. Dupont (DD) reports earnings on 4/21/2015before the market open.

11. Travelers (TRV) reports earnings on 4/21/2015 before the market open.

12. Verizon (VZ) reported earnings on 4/21/2015 before the market open of $1.02, beating consensus of $0.954 per share.

13. United Technologies (UTX) reported earnings on 4/21/2015 before the market open of $1.51, beating consensus of $1.438 per share.

14. Caterpillar (CAT) reported earnings on 4/23/2015 before the market open of $1.86, beating consensus of $1.348 per share.

15. Coca Cola (KO) reports earnings on 4/22/2015 before the market open of $0.48, beating consensus of $0.43 per share.

16. McDonald’s (MCD) reports earnings on 4/22/2015 before the market open of $0.84, missing consensus of $1.055 per share.

17. Boeing (BA) reports earnings on 4/22/2015 before the market open of $1.97, beating consensus of $1.805 per share.

18. 3M (MMM) reports earnings on 4/23/2015 before the market open.

19. Procter & Gamble (PG) reports earnings on 4/23/2015 before the market open.

20. Microsoft (MSFT) reports earnings on 4/23/2015 after the market close

21. Apple (AAPL) reports earnings on 4/27/2015 after the market close.

22. Pfizer (PFE) reports earnings on 4/28/2015 before the market open.

23. Merck (MRK) reports earnings on 4/28/2015 before the market open.

24. Exxon Mobil (XOM) reports earnings on 4/30/2015 before the market open.

25. Visa (V) reports earnings on 4/30/2015 after the market open.

26. Chevron (CVX) reports earnings on 5/1/2015 before the market open.

27. Disney (DIS) reported earnings on 5/5/2015 after the market open of $1.23, beating consensus of $1.113 per share.

28. Cisco (CSCO) reports earnings on 5/13/2015 after the market open.

29. Home Depot (HD) reports earnings on 5/19/2015 before the market open.

Today’s Featured Dow Stock

Home Depot (HD)

Home Depot (HD) is up +4.85% year-to-date.

Financial Calendar

0830 ET Mar trade balance expected -$41.5 billion, Feb -$35.4 billion.

0945 ET Final-Apr Markit services PMI expected unrevised at 57.8, prelim-April -1.4 to 57.8. Revised Apr Markit composite PMI, prelim-Apr -1.8 to 57.4.

1000 ET Apr ISM non-manufacturing index expected -0.4 to 56.1, Mar -0.4 to 56.5.

2000 ET Minneapolis Fed President Narayana Kocherlakota holds a public town forum at Southwest State University.

The Dow Market Happenings For Monday, May 4, 2015

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 up +50 points.

Friday, the Dow was up +183.54 (+1.03%) at 18,024.06.

Year-to-date the Dow is up +1.13%.

There were 27 Dow stocks up Friday.

Dow stock winners Friday were led by Apple (AAPL) +3.04% and Intel (INTC) +2.67%.

The Dow stock losers Friday were led by Chevron (CVX) -1.82% and Visa (V) -0.42%.

New McDonald’s (MCD) CEO Steve Easterbrook unveiled a turnaround plan for the struggling fast good giant Monday morning. McDonald’s is reorganizing its international operations and plans to franchise more of its restaurants. It wants to have 90% of its locations franchised by 2018, up from 81% currently. McDonald’s hopes to save $300 million annually by the end of 2017 thanks to all the restructuring and plans to be more disciplined about spending. Also, Easterbrook really wants to change the quality of the food and stale brand image so get ready for more new offerings like its recent sirloin burger and artisan grilled chicken sandwich.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up five-tenths of a cent at $2.620 per gallon.

Earnings Reports.

1. Johnson & Johnson (JNJ) reported Q1 EPS of $1.53, below consensus of $1.54 on 4/14/2015 before the market open.

2. JMorgan (JPM) reported Q1 EPS of $1.61, better than consensus of $1.41 on 4/14/2015 before the market open.

3. Intel (INTC) reports earnings on 4/14/2015 after the market close.

4. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

5. American Express reports earnings on 4/16/2015 after the market close.

6. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

7. United Health (UNH) reports earnings on 4/16/2015 before the market open.

8. General Electric (GE) reports earnings on 4/17/2015 before the market open.

9. IBM (IBM) reports earnings on 4/20/2015 after the market close.

10. Dupont (DD) reports earnings on 4/21/2015before the market open.

11. Travelers (TRV) reports earnings on 4/21/2015 before the market open.

12. Verizon (VZ) reported earnings on 4/21/2015 before the market open of $1.02, beating consensus of $0.954 per share.

13. United Technologies (UTX) reported earnings on 4/21/2015 before the market open of $1.51, beating consensus of $1.438 per share.

14. Caterpillar (CAT) reported earnings on 4/23/2015 before the market open of $1.86, beating consensus of $1.348 per share.

15. Coca Cola (KO) reports earnings on 4/22/2015 before the market open of $0.48, beating consensus of $0.43 per share.

16. McDonald’s (MCD) reports earnings on 4/22/2015 before the market open of $0.84, missing consensus of $1.055 per share.

17. Boeing (BA) reports earnings on 4/22/2015 before the market open of $1.97, beating consensus of $1.805 per share.

18. 3M (MMM) reports earnings on 4/23/2015 before the market open.

19. Procter & Gamble (PG) reports earnings on 4/23/2015 before the market open.

20. Microsoft (MSFT) reports earnings on 4/23/2015 after the market close

21. Apple (AAPL) reports earnings on 4/27/2015 after the market close.

22. Pfizer (PFE) reports earnings on 4/28/2015 before the market open.

23. Merck (MRK) reports earnings on 4/28/2015 before the market open.

24. Exxon Mobil (XOM) reports earnings on 4/30/2015 before the market open.

25. Visa (V) reports earnings on 4/30/2015 after the market open.

26. Chevron (CVX) reports earnings on 5/1/2015 before the market open.

27. Disney (DIS) reports earnings on 5/5/2015 after the market open.

28. Cisco (CSCO) reports earnings on 5/13/2015 after the market open.

29. Home Depot (HD) reports earnings on 5/19/2015 before the market open.

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) is up +1.91% year-to-date.

Financial Calendar

0945 ET Apr New York ISM, Mar -13.1 to 50.0.

1000 ET Mar factory orders expected +2.0%, Feb +0.2% and +0.8% ex transportation.

1100 ET USDA weekly grain export inspections.

1225 ET Chicago Fed President Charles Evans speaks about current economic conditions and monetary policy at the Columbus Economic Development Board Annual Meeting in Columbus, IN.

1600 ET USDA weekly crop progress.

The Dow Market Happenings For Thursday, April 30, 2015

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 -49 points.

Wednesday, the Dow was down -74.61 (-0.41%) at 18,035.53.

Year-to-date the Dow is up +1.19%.

There were 9 Dow stocks up Wednesday.

Dow stock winners Wednesday were led by Caterpillar (CAT) +1.51% and JPMorgan (JPM) +1.34%.

The Dow stock losers Wednesday were led by UnitedHealth (UNH) -3.38% and Home Depot (HD) -1.69%.

Apple (AAPL) is down over 1% in premarket trading after Dow Jones reported that the company found defects in the ‘taptic engine’ of the Apple Watch.

The Labor Department reported initial claims for state unemployment benefits fell 34,000 to a seasonally adjusted 262,000 for the week ended April 25, the lowest reading since April 2000. It was the eighth straight week that claims remained below 300,000.

European stocks are mostly lower and Asian markets ended lower.

The national average price of gasoline is up 1.7 cents at $2.580 per gallon.

Earnings Reports.

1. Johnson & Johnson (JNJ) reported Q1 EPS of $1.53, below consensus of $1.54 on 4/14/2015 before the market open.

2. JMorgan (JPM) reported Q1 EPS of $1.61, better than consensus of $1.41 on 4/14/2015 before the market open.

3. Intel (INTC) reports earnings on 4/14/2015 after the market close.

4. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

5. American Express reports earnings on 4/16/2015 after the market close.

6. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

7. United Health (UNH) reports earnings on 4/16/2015 before the market open.

8. General Electric (GE) reports earnings on 4/17/2015 before the market open.

9. IBM (IBM) reports earnings on 4/20/2015 after the market close.

10. Dupont (DD) reports earnings on 4/21/2015before the market open.

11. Travelers (TRV) reports earnings on 4/21/2015 before the market open.

12. Verizon (VZ) reported earnings on 4/21/2015 before the market open of $1.02, beating consensus of $0.954 per share.

13. United Technologies (UTX) reported earnings on 4/21/2015 before the market open of $1.51, beating consensus of $1.438 per share.

14. Caterpillar (CAT) reported earnings on 4/23/2015 before the market open of $1.86, beating consensus of $1.348 per share.

15. Coca Cola (KO) reports earnings on 4/22/2015 before the market open of $0.48, beating consensus of $0.43 per share.

16. McDonald’s (MCD) reports earnings on 4/22/2015 before the market open of $0.84, missing consensus of $1.055 per share.

17. Boeing (BA) reports earnings on 4/22/2015 before the market open of $1.97, beating consensus of $1.805 per share.

18. 3M (MMM) reports earnings on 4/23/2015 before the market open.

19. Procter & Gamble (PG) reports earnings on 4/23/2015 before the market open.

20. Microsoft (MSFT) reports earnings on 4/23/2015 after the market close

21. Apple (AAPL) reports earnings on 4/27/2015 after the market close.

22. Pfizer (PFE) reports earnings on 4/28/2015 before the market open.

23. Merck (MRK) reports earnings on 4/28/2015 before the market open.

24. Exxon Mobil (XOM) reports earnings on 4/30/2015 before the market open.

25. Visa (V) reports earnings on 4/30/2015 after the market open.

26. Chevron (CVX) reports earnings on 5/1/2015 before the market open.

27. Disney (DIS) reports earnings on 5/5/2015 after the market open.

28. Cisco (CSCO) reports earnings on 5/13/2015 after the market open.

29. Home Depot (HD) reports earnings on 5/19/2015 before the market open.

Today’s Featured Dow Stock

Exxon Mobil (XOM)

Exxon Mobil (XOM) is down -4.95% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -5,000 to 290,000, previous +1,000 to 295,000. Weekly continuing claims expected -25,000 to 2.300 million, previous +50,000 to 2.325 million.

0830 ET Mar personal spending expected +0.5%, Feb +0.1%. Mar personal income expected +0.2%, Feb +0.4%.

0830 ET Mar PCE deflator expected +0.2% m/m and +0.4% y/y, Feb +0.2% m/m and +0.3% y/y. Mar core PCE deflator expected +0.2% m/m and +1.4% y/y, Feb +0.1% m/m and +1.4% y/y.

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

0830 ET USDA weekly Export Sales.

0900 ET Apr Milwaukee ISM expected -0.25 to 53.00, Mar +2.93 to 53.25.

0945 ET Apr Chicago PMI expected +3.7 to 50.0, Mar +0.5 to 46.3.

DJIA Market Happenings For Wednesday, April 29, 2015

Dow stocks at 52 week highs include Apple (AAPL), which was intraday, as it closed down for the day. There are no Dow stock 52 week lows.

The Market

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

Monday, the Dow was up +72.17 (+0.40%) at 18,110.14.

Year-to-date the Dow is up +1.61%.

There were 19 Dow stocks up Tuesday.

Dow stock winners Tuesday were led by Merck (MRK) +5.04% and Microsoft (MSFT) +2.34%.

The Dow stock losers Tuesday were led by Apple (AAPL) -1.58% and Nike (NKE) -1.07%.

The 2-day FOMC meeting ends today with rates expected to be unchanged.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is up 1.6 cents at $2.563 per gallon.

Earnings Reports.

1. Johnson & Johnson (JNJ) reported Q1 EPS of $1.53, below consensus of $1.54 on 4/14/2015 before the market open.

2. JMorgan (JPM) reported Q1 EPS of $1.61, better than consensus of $1.41 on 4/14/2015 before the market open.

3. Intel (INTC) reports earnings on 4/14/2015 after the market close.

4. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

5. American Express reports earnings on 4/16/2015 after the market close.

6. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

7. United Health (UNH) reports earnings on 4/16/2015 before the market open.

8. General Electric (GE) reports earnings on 4/17/2015 before the market open.

9. IBM (IBM) reports earnings on 4/20/2015 after the market close.

10. Dupont (DD) reports earnings on 4/21/2015before the market open.

11. Travelers (TRV) reports earnings on 4/21/2015 before the market open.

12. Verizon (VZ) reported earnings on 4/21/2015 before the market open of $1.02, beating consensus of $0.954 per share.

13. United Technologies (UTX) reported earnings on 4/21/2015 before the market open of $1.51, beating consensus of $1.438 per share.

14. Caterpillar (CAT) reported earnings on 4/23/2015 before the market open of $1.86, beating consensus of $1.348 per share.

15. Coca Cola (KO) reports earnings on 4/22/2015 before the market open of $0.48, beating consensus of $0.43 per share.

16. McDonald’s (MCD) reports earnings on 4/22/2015 before the market open of $0.84, missing consensus of $1.055 per share.

17. Boeing (BA) reports earnings on 4/22/2015 before the market open of $1.97, beating consensus of $1.805 per share.

18. 3M (MMM) reports earnings on 4/23/2015 before the market open.

19. Procter & Gamble (PG) reports earnings on 4/23/2015 before the market open.

20. Microsoft (MSFT) reports earnings on 4/23/2015 after the market close

21. Apple (AAPL) reports earnings on 4/27/2015 after the market close.

22. Pfizer (PFE) reports earnings on 4/28/2015 before the market open.

23. Merck (MRK) reports earnings on 4/28/2015 before the market open.

24. Exxon Mobil (XOM) reports earnings on 4/30/2015 before the market open.

25. Visa (V) reports earnings on 4/30/2015 after the market open.

26. Chevron (CVX) reports earnings on 5/1/2015 before the market open.

27. Disney (DIS) reports earnings on 5/5/2015 after the market open.

28. Cisco (CSCO) reports earnings on 5/13/2015 after the market open.

29. Home Depot (HD) reports earnings on 5/19/2015 before the market open.

Today’s Featured Dow Stock

Dupont (DD)

Dupont (DD) is up +1.19% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +2.3% with purchase sub-index +5.0% and refi sub-index +0.6%.

0830 ET Q1 GDP expected +1.0% (q/q annualized), Q4 +2.2%. Q1 personal consumption expected +1.7%, Q4 +4.4%. Q1 GDP price index expected +0.5%, Q4 +0.1%. Q1 core PCE deflator expected +1.0% q/q, Q4 +1.1% q/q.

1000 ET Mar pending home sales expected +1.0% m/m and +5.1% y/y, Feb +3.1% m/m and +12.0% y/y.

1030 ET EIA Weekly Petroleum Status Report.

1130 ET Treasury auctions $13 billion 2-year floating rate notes.

1300 ET Treasury auctions $29 billion 7-year T-notes.

1400 ET FOMC announces interest rate decision.