The Dow Market Happenings For Tuesday, July 17, 2018

Dow stocks at 52 week highs include Microsoft (MSFT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -24 points.

Monday the Dow was up +44.95 (+0.18%) at 25,064.36.

Year-to-date the Dow is up +1.40%.

There were 12 Dow stocks up Monday.

The Dow stock winners Monday were led by JPMorgan (JPM) +3.97% and Goldman Sachs (GS) +2.22%.

The Dow stock losers Monday were led by Caterpillar (CAT) -1.90% and Johnson & Johnson (JNJ) -0.98%.

Intel (INTC -0.40%) was downgraded to ‘In-line’ from ‘Outperform’ at Evercore ISI.

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

The national average price of gasoline is down six-tenths of a cent at $2.871 per gallon.

Earnings Reports.

Walgreens (WBA) reported earnings on 6/28/2018 before the market open with $1.53 per share, beating estimates calling for $1.503 per share.

Nike (NKE) reported earnings on 6/28/2018 after the market close of $0.69, beating estimates of $0.673 per share.

JPMorgan (JPM) reported earnings on 7/13/2018 before the market open of $2.27, beating estimates calling for $2.27 per share.

Goldman Sachs (GS) reported earnings on 7/17/2018 before the market open of $5.98, beating estimates calling for $4.66 per share.

Johnson & Johnson (JNJ) reported earnings on 7/17/2018 before the market open of $2.10, beating estimates of $2.083 per share.

UnitedHealth (UNH) reported earnings on 7/17/2018 before the market open of $3.14, beating estimates of 3.088 per share.

American Express (AXP) reports earnings on 7/18/2018 after the market close.

IBM (IBM) reports earnings on 7/18/2018 after the market close.

Microsoft (MSFT) reports earnings on 7/19/2018 after the market close.

Travelers (TRV) reports earnings on 7/19/2018 before the market open.

3M (MMM) reports earnings on 7/24/2018 before the market open.

United Technologies (UTX) reports earnings on 7/24/2018 before the market open.

Verizon (VZ) reports earnings on 7/24/2018 before the market open.

Boeing (BA) reports earnings on 7/25/2018 before the market open.

Coca Cola (KO) reports earnings on 7/25/2018 before the market open.

McDonald’s (MCD) reports earnings on 7/26/2018 before the market open.

Intel (INTC) reports earnings on 7/26/2018 after the market close.

Chevron (CVX) reports earnings on 7/27/2018 before the market open.

Exxon Mobil (XOM) reports earnings on 7/27/2018 before the market open.

Merck (MRK) reports earnings on 7/27/2018 before the market open.

Today’s Featured Dow Stock

United Technologies (UTX)

United Technologies (UTX) is up +1.11% year-to-date.

Financial Calendar

12:55 Redbook (MoM), -0.2%

12:55 Redbook (YoY), 5.2%

13:15 Capacity Utilization Rate (Jun), 78.4%, 77.9%

13:15 Industrial Production (YoY), 3.5%

13:15 Industrial Production (MoM) (Jun), 0.5%, -0.1%

13:15 Manufacturing Production (MoM) (Jun), 0.7%, -0.7%

14:00 Fed Chair Powell Testifies

14:00 NAHB Housing Market Index (Jul), 69, 68

15:30 4-Week Bill Auction, 1.850%

15:30 52-Week Bill Auction, 2.275%

20:00 US Foreign Buying, T-bonds (May), -4.80B

20:00 Overall Net Capital Flow (May), 52.30B, 138.70B

20:00 TIC Net Long-Term Transactions (May), 34.3B, 93.9B

20:00 TIC Net Long-Term Transactions including Swaps (May), 80.20B

20:30 API Weekly Crude Oil Stock, -6.796M

DJIA Market Happenings For Monday, July 16, 2018

Dow stocks at 52 week highs include Microsoft (MSFT), Visa (V) and UnittedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +6 points.

Friday the Dow was up +94.52 (++0.38%) at 25,019.41.

Year-to-date the Dow is up +1.21%.

There were 20 Dow stocks up Friday.

The Dow stock winners Friday were led by Walgreens (WBA) +2.02% and United Technologies (UTX) +1.70%.

The Dow stock losers Friday were led by Cisco (CSCO) -4.13% and Johnson & Johnson (JNJ) -1.43%.

Have lots of earnings reports this week. Check out the earnings section below.

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

The national average price of gasoline is down two-tenths of a cent at $2.877 per gallon.

Earnings Reports.

Walgreens (WBA) reported earnings on 6/28/2018 before the market open with $1.53 per share, beating estimates calling for $1.503 per share.

Nike (NKE) reported earnings on 6/28/2018 after the market close of $0.69, beating estimates of $0.673 per share.

JPMorgan (JPM) reported earnings on 7/13/2018 before the market open of $2.27, beating estimates calling for $2.27 per share.

Goldman Sachs (GS) reports earnings on 7/17/2018 before the market open.

Johnson & Johnson (JNJ) reports earnings on 7/17/2018 before the market open.

UnitedHealth (UNH) reports earnings on 7/17/2018 before the market open.

American Express (AXP) reports earnings on 7/18/2018 after the market close.

IBM (IBM) reports earnings on 7/18/2018 after the market close.

Microsoft (MSFT) reports earnings on 7/19/2018 after the market close.

Travelers (TRV) reports earnings on 7/19/2018 before the market open.

3M (MMM) reports earnings on 7/24/2018 before the market open.

United Technologies (UTX) reports earnings on 7/24/2018 before the market open.

Verizon (VZ) reports earnings on 7/24/2018 before the market open.

Boeing (BA) reports earnings on 7/25/2018 before the market open.

Coca Cola (KO) reports earnings on 7/25/2018 before the market open.

McDonald’s (MCD) reports earnings on 7/26/2018 before the market open.

Intel (INTC) reports earnings on 7/26/2018 after the market close.

Today’s Featured Dow Stock

Travelers (TRV)

Travelers (TRV) is down -6.64% year-to-date.

Financial Calendar

12:30 Core Retail Sales (MoM) (Jun), 0.4%, 0.9%

12:30 NY Empire State Manufacturing Index (Jul), 20.30, 25.00

12:30 Retail Control (MoM) (Jun), 0.4%, 0.5%

12:30 Retail Sales (MoM) (Jun), 0.4%, 0.8%

12:30 Retail Sales Ex Gas/Autos (MoM) (Jun), 0.4%, 0.8%

14:00 Business Inventories (MoM) (May), 0.4%, 0.3%

15:30 3-Month Bill Auction, 1.945%

15:30 6-Month Bill Auction, 2.100%

The Dow Market Happenings For Friday, July 13, 2018

Dow stocks at 52 week highs include Microsoft (MSFT) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +12 points.

Thursday the Dow was up +224.44 (+0.91%) at 24,924.89.

Year-to-date the Dow is up +0.83%.

There were 25 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Cisco (CSCO) +2.37% and Intel (INTC) +2.25%.

The Dow stock losers Thursday were led by Procter & Gamble (PG) -0.34% and Coca Cola (KO) -0.27%.

JPMorgan Chase (JPM +0.43%) rose more than 1% in premarket trading after it reported Q2 FICC sales and trading revenue of $3.45 billion, better than consensus of $3.20 billion.

McDonald’s (MCD +0.32%) lost 1% in after-hours trading after the Illinois Department of Public Health received confirmation of about 90 cases of cyclophorias, possibly liked to salads produced for McDonald’s restaurants.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up two-tenths of a cent at $2.886 per gallon.

Earnings Reports.

Walgreens (WBA) reported earnings on 6/28/2018 before the market open with $1.53 per share, beating estimates calling for $1.503 per share.

Nike (NKE) reported earnings on 6/28/2018 after the market close of $0.69, beating estimates of $0.673 per share.

JPMorgan (JPM) reported earnings on 7/13/2018 before the market open of $2.27, beating estimates calling for $2.27 per share.

Goldman Sachs (GS) reports earnings on 7/17/2018 before the market open.

Johnson & Johnson (JNJ) reports earnings on 7/17/2018 before the market open.

UnitedHealth (UNH) reports earnings on 7/17/2018 before the market open.

American Express (AXP) reports earnings on 7/18/2018 after the market close.

IBM (IBM) reports earnings on 7/18/2018 after the market close.

Microsoft (MSFT) reports earnings on 7/19/2018 after the market close.

Travelers (TRV) reports earnings on 7/19/2018 before the market open.

3M (MMM) reports earnings on 7/24/2018 before the market open.

United Technologies (UTX) reports earnings on 7/24/2018 before the market open.

Verizon (VZ) reports earnings on 7/24/2018 before the market open.

Boeing (BA) reports earnings on 7/25/2018 before the market open.

Coca Cola (KO) reports earnings on 7/25/2018 before the market open.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) is down -14.14% year-to-date.

Financial Calendar

12:30 Export Price Index (YoY), 5.7%, 4.9%

12:30 Export Price Index (MoM) (Jun), 0.2%, 0.6%

12:30 Import Price Index (YoY), 4.3%, 4.3%

12:30 Import Price Index (MoM) (Jun), 0.1%, 0.6%

14:00 Michigan 5-Year Inflation Expectations (Jul), 2.50%

14:00 Michigan Consumer Expectations (Jul), 89.7, 89.1

14:00 Michigan Consumer Sentiment (Jul), 98.1, 98.2

14:00 Michigan Current Conditions (Jul), 113.0, 111.8

14:00 Michigan Inflation Expectations (Jul), 3.0%

14:30 ECRI Weekly Annualized (WoW), 2.2%

14:30 ECRI Weekly Index, 147.4

16:30 FOMC Member Bostic Speaks

17:00 U.S. Baker Hughes Oil Rig Count, 858

19:30 CFTC Copper speculative net positions, 25.5K

19:30 CFTC Crude Oil speculative net positions, 656.7K

19:30 CFTC Gold speculative net positions, 78.3K

19:30 CFTC S&P 500 speculative net positions, 168.0K

19:30 CFTC Silver speculative net positions, 24.7K