DJIA Market Happenings For Friday, April 28, 2017

Dow stocks at 52 week highs include Disney (DIS), Home Depot (HD), McDonald’s (MCD), Microsoft (MSFT) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +22 points.

Thursday the Dow was up +6.24 (+0.03%) at 20,981.33.

Year-to-date the Dow is up +6.17%.

There were 13 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Intel (INTC) +1.35% and Home Depot (HD) +1.23%.

The Dow stock losers Thursday were led by Caterpillar (CAT) -1.89% and Dupont (DD) -1.81%.

Intel (INTC +1.35%) fell over 3% in pre-market trading after it reported Q1 revenue of $14.796 billion, below consensus of $14.812 billion.

Microsoft (MSFT +0.65%) fell over 2% in after-hours trading after it reported Q3 capital expenditures of $1.70 billion, below consensus of $2.27 billion.

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

The national average price of gasoline is down five-tenths of a cent at $2.403 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2017 after the market close of $0.68, beating estimates calling for $0.524 per share.

JPMorgan (JPM) reported earnings on 4/13/2017 before the market open of $1.65, beating estimates calling for $1.512 per share.

Johnson & Johnson (JNJ) reported earnings on 4/18/2017 before the market open of $1.83, beating estimates of $1.767 per share.

Goldman Sachs (GS) reported earnings on 4/18/2017 before the market open of $5.15, missing estimates calling for $5.34 per share.

UnitedHealth (UNH) reported earnings on 4/18/2017 before the market open of $2.37, beating estimates of $2.18 per share.

IBM (IBM) reported earnings on 4/18/2017 after the market close of $2.38, beating estimates calling for $2.341 per share.

American Express (AXP) reported earnings on 4/19/2017 after the market close of $1.34, beating estimates calling for $1.276 per share.

Travelers (TRV) reported earnings on 4/20/2017 before the market open of $2.16, missing estimates calling for $2.409 per share.

Verizon (VZ) reported earnings on 4/20/2017 before the market open of $0.95, missing estimates calling for $0.977 per share.

Visa (V) reported earnings on 4/20/2017 after the market close of $0.86, beating estimates calling for $0.789 per share.

General Electric (GE) reported earnings on 4/21/2017 before the market open of $0.21, beating estimates calling for $0.17 per share.

3M (MMM) reported earnings on 4/25/2017 before the market open$2.16, beating estimates calling for $2.069 per share.

Caterpillar (CAT) reported earnings on 4/25/2017 before the market open of $1.28, smashing estimates calling for $0.618 per share.

Dupont (DD) reported earnings on 4/25/2017 before the market open of $1.64, beating estimates of $1.383 per share.

Coca Cola (KO) reported earnings on 4/25/2017 before the market open of $0.43, missing estimates calling for $0.438 per share.

McDonald’s (MCD) reported earnings on 4/25/2017 before the market open of $1.47, beating estimates calling for $1.318 per share.

Boeing (BA) reported earnings on 4/26/2017 before the market open of $2.01, beating estimates of $1.914 per share.

United Technologies (UTX) reported earnings on 4/26/2017 before the market open of $1.48, beating estimates calling for $1.387 per share.

Procter & Gamble (PG) reported earnings on 4/26/2017 before the market open of $0.96, beating estimates of $0.936 per share.

Intel (INTC) reported earnings on 4/27/2017 after the market close of $0.66, missing estimates calling for $0.672 per share.

Microsoft (MSFT) reported earnings on 4/27/2017 after the market close of $0.73, beating estimates calling for $0.719 per share.

Exxon Mobil (XOM) reported earnings on 4/28/2017 before the market open of $0.95, beating estimates calling for $0.909 per share.

Chevron (CVX) reported earnings on 4/28/2017 before the market open of $1.41, smashing estimates of $0.869 per share.

Merck (MRK) reports earnings on 5/2/2017 before the market open.

Pfizer (PFE) reports earnings on 5/2/2017 before the market open.

Today’s Featured Dow Stock

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) is up +7.40% year-to-date.

Financial Calendar

0830 ET Q1 GDP expected +1.0% (q/q annualized), Q4 +2.1%. Q1 personal consumption expected +0.9%, Q4 +3.5%. Q1 GDP price index expected +2.0%, Q4 +2.1%. Q1 core PCE expected +2.0%, Q4 +1.3%.

0830 ET Q1 employment cost index expected +0.6%, Q4 +0.5%.

0945 ET Apr Chicago PMI expected -1.2 to 56.4, Mar +0.3 to 57.7.

1000 ET Final-Apr University of Michigan U.S. consumer sentiment index expected unch at 98.0, prelim-Apr +1.1 to 98.0.

1430 ET Philadelphia Fed President Patrick Harker (voter) speaks at an event in Washington on How STEM Can Get You Anywhere.

The Dow Market Happenings For Thursday, April 27, 2017

Dow stocks at 52 week highs include Caterpillar (CAT), Disney (DIS), Home Depot (HD), McDonald’s (MCD), 3M (MMM), Microsoft (MSFT), UnitedHealth (UNH), United Technologies (UTX) and Wal-Mart (WMT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +37 points.

Wednesday the Dow was up +232.23 (+1.12%) at 20,996.12.

Year-to-date the Dow is up +6.14%.

There were 14 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Verizon (VZ) +1.41% and United Technologies (UTX) +1.14%.

The Dow stock losers Wednesday were led by Procter & Gamble (PG) -2.51% and Boeing (BA) -0.98%.

McDonald’s (MCD -0.61%) was upgraded to ‘Buy’ from ‘Hold’ at Argus with a price target of $158.

Intel (INTC) and Microsoft (MSFT) report after the close today.

Initial claims for state unemployment benefits increased 14,000 to a seasonally adjusted 257,000 for the week ended April 22. Data for the prior week was revised to show 1,000 fewer applications received than previously reported. Economists had forecast first-time applications for jobless benefits rising to 245,000 last week.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is down five-tenths of a cent at $2.403 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2017 after the market close of $0.68, beating estimates calling for $0.524 per share.

JPMorgan (JPM) reported earnings on 4/13/2017 before the market open of $1.65, beating estimates calling for $1.512 per share.

Johnson & Johnson (JNJ) reported earnings on 4/18/2017 before the market open of $1.83, beating estimates of $1.767 per share.

Goldman Sachs (GS) reported earnings on 4/18/2017 before the market open of $5.15, missing estimates calling for $5.34 per share.

UnitedHealth (UNH) reported earnings on 4/18/2017 before the market open of $2.37, beating estimates of $2.18 per share.

IBM (IBM) reported earnings on 4/18/2017 after the market close of $2.38, beating estimates calling for $2.341 per share.

American Express (AXP) reported earnings on 4/19/2017 after the market close of $1.34, beating estimates calling for $1.276 per share.

Travelers (TRV) reported earnings on 4/20/2017 before the market open of $2.16, missing estimates calling for $2.409 per share.

Verizon (VZ) reported earnings on 4/20/2017 before the market open of $0.95, missing estimates calling for $0.977 per share.

Visa (V) reported earnings on 4/20/2017 after the market close of $0.86, beating estimates calling for $0.789 per share.

General Electric (GE) reported earnings on 4/21/2017 before the market open of $0.21, beating estimates calling for $0.17 per share.

3M (MMM) reported earnings on 4/25/2017 before the market open$2.16, beating estimates calling for $2.069 per share.

Caterpillar (CAT) reported earnings on 4/25/2017 before the market open of $1.28, smashing estimates calling for $0.618 per share.

Dupont (DD) reported earnings on 4/25/2017 before the market open of $1.64, beating estimates of $1.383 per share.

Coca Cola (KO) reported earnings on 4/25/2017 before the market open of $0.43, missing estimates calling for $0.438 per share.

McDonald’s (MCD) reported earnings on 4/25/2017 before the market open of $1.47, beating estimates calling for $1.318 per share.

Boeing (BA) reported earnings on 4/26/2017 before the market open of $2.01, beating estimates of $1.914 per share.

United Technologies (UTX) reported earnings on 4/26/2017 before the market open of $1.48, beating estimates calling for $1.387 per share.

Procter & Gamble (PG) reported earnings on 4/26/2017 before the market open of $0.96, beating estimates of $0.936 per share.

Intel (INTC) reports earnings on 4/27/2017 after the market close.

Microsoft (MSFT) reports earnings on 4/27/2017 after the market close.

Exxon Mobil (XOM) reports earnings on 4/28/2017 before the market open.

Today’s Featured Dow Stock

Intel (INTC)

Intel (INTC) is up +1.82% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected +1,000 to 245,000, previous +10,000 to 244,000. Weekly continuing claims expected +28,000 to 2.007 million, previous -49,000 to 1.979 million.

0830 ET Mar durable goods orders expected +1.3% and +0.4% ex transportation, Feb +1.8% and +0.5% ex transportation. Mar capital goods new orders non-defense ex aircraft & parts expected +0.5%, Feb -0.1%.

0830 ET Mar wholesale inventories expected +0.3% m/m, Feb +0.4% m/m. Mar retail inventories, Feb +0.4% m/m.

0830 ET USDA weekly Export Sales.

1000 ET Mar pending home sales expected -1.0% m/m, Feb +5.5% m/m and -2.4% y/y.

1100 ET Apr Kansas City Fed manufacturing activity expected -3 to 17, Mar +6 to 20.

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

DJIA Market Happenings For Wednesday, April 26, 2017

Dow stocks at 52 week highs include 3M (MMM), Home Depot (HD), Disney (DIS), McDonald’s (MCD). Microsoft (MSFT), UnitedHealth (UNH) and United Technologies (UTX). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +13 points.

Tuesday the Dow was up +232.23 (+1.12%) at 20,996.12.

Year-to-date the Dow is up +6.24%.

There were 25 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Caterpillar (CAT) +7.86% and McDonald’s (MCD) +5.57%.

The Dow stock losers Tuesday were led by Verizon (VZ) -0.74% and Coca Cola (KO) -0.39%.

Procter & Gamble (PG) reported earnings Wednesday morning of 96 cents per share adjusted vs. estimate of 94 cents. Revenue came in at $15.605 billion for the period, short of analysts’ $15.731 billion estimate. The sales drop was driven by a challenging geopolitical environment, the company said.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is down five-tenths of a cent at $2.408 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2017 after the market close of $0.68, beating estimates calling for $0.524 per share.

JPMorgan (JPM) reported earnings on 4/13/2017 before the market open of $1.65, beating estimates calling for $1.512 per share.

Johnson & Johnson (JNJ) reported earnings on 4/18/2017 before the market open of $1.83, beating estimates of $1.767 per share.

Goldman Sachs (GS) reported earnings on 4/18/2017 before the market open of $5.15, missing estimates calling for $5.34 per share.

UnitedHealth (UNH) reported earnings on 4/18/2017 before the market open of $2.37, beating estimates of $2.18 per share.

IBM (IBM) reported earnings on 4/18/2017 after the market close of $2.38, beating estimates calling for $2.341 per share.

American Express (AXP) reported earnings on 4/19/2017 after the market close of $1.34, beating estimates calling for $1.276 per share.

Travelers (TRV) reported earnings on 4/20/2017 before the market open of $2.16, missing estimates calling for $2.409 per share.

Verizon (VZ) reported earnings on 4/20/2017 before the market open of $0.95, missing estimates calling for $0.977 per share.

Visa (V) reported earnings on 4/20/2017 after the market close of $0.86, beating estimates calling for $0.789 per share.

General Electric (GE) reported earnings on 4/21/2017 before the market open of $0.21, beating estimates calling for $0.17 per share.

3M (MMM) reported earnings on 4/25/2017 before the market open$2.16, beating estimates calling for $2.069 per share.

Caterpillar (CAT) reported earnings on 4/25/2017 before the market open of $1.28, smashing estimates calling for $0.618 per share.

Dupont (DD) reported earnings on 4/25/2017 before the market open of $1.64, beating estimates of $1.383 per share.

Coca Cola (KO) reported earnings on 4/25/2017 before the market open of $0.43, missing estimates calling for $0.438 per share.

McDonald’s (MCD) reported earnings on 4/25/2017 before the market open of $1.47, beating estimates calling for $1.318 per share.

Boeing (BA) reported earnings on 4/26/2017 before the market open of $2.01, beating estimates of $1.914 per share.

United Technologies (UTX) reported earnings on 4/26/2017 before the market open of $1.48, beating estimates calling for $1.387 per share.

Procter & Gamble (PG) reported earnings on 4/26/2017 before the market open of $0.96, beating estimates of $0.936 per share.

Intel (INTC) reports earnings on 4/27/2017 after the market close.

Microsoft (MSFT) reports earnings on 4/27/2017 after the market close.

Exxon Mobil (XOM) reports earnings on 4/28/2017 before the market open.

Today’s Featured Dow Stock

IBM (IBM)

IBM (IBM) is down -3.37% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous -1.8% with purchase sub-index -3.4% and refi sub-index +0.2%.

1000 ET U.S. retail sales benchmark revisions.

1030 ET EIA Weekly Petroleum Status Report.

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

1300 ET Treasury auctions $34 billion of 5-year T-notes.