DJIA Market Happenings For Tuesday, July 27, 2021 – Verizon (VZ) -5.56% YTD


Dow stocks hitting 52 week highs include Cisco (CSCO) and Nike (NKE). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -102 points.

Monday the Dow was up +82.76 (+0.24%) at 35,144.31.

Year-to-date the Dow is up +14.83%.

There were 20 Dow stocks up Monday.

The Dow stock winners Monday were led by Dow (DOW) 62.01 (+3.16%), Intel (INTC) 54.31 (+2.47%) and Chevron (CVX) 100.95 (+2.11%).

The Dow stock losers Monday were led by Amgen (AMGN) 245.08 (-1.07%), UnitedHealth (UNH) 413.54 (-1.00%) and Nike (NKE) 165.09 (-0.76%).

The Federal Reserve’s two-day July meeting begins Tuesday, with the future for rates, bond-buying and inflation on the agenda.

The House select committee investigating the deadly pro-Trump invasion of the U.S. Capitol will hold its first hearing Tuesday. The panel will hear directly from four law enforcement officers about their struggles to defend the Capitol from the mob. Wyoming Rep. Liz Cheney, who was ousted from GOP leadership after refusing to stop criticizing Donald Trump for falsely claiming the 2020 election was rigged, is one of two Republicans appointed to the committee. The other Republican is Rep. Adam Kinzinger of Illinois. House Speaker Nancy Pelosi previously rejected two of GOP Leader Kevin McCarthy’s picks for the committee, combative Trump supporters Reps. Jim Jordan of Ohio and Jim Banks of Indiana.

US futures are lower, European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is up two-tenths of a cent at $3.158 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 6/24/2021 after the market close of $0.93, beating estimates of $0.51 per share.

Walgreens (WBA) reported earnings on 7/1/2021 before the market open of $1.51, beating estimates of $1.114 per share.

Goldman Sachs (GS) reported earnings on 7/13/2021 before the market open of $15.02, beating estimates of $10.24 per share.

JPMorgan (JPM) reported earnings on 7/13/2021 before the market open of $3.78, beating estimates of $3.10 per share.

UnitedHealth (UNH) reported earnings on 7/15/2021 before the market open of $4.70, beating estimates of $4.407 per share.

IBM (IBM) reported earnings on 7/19/2021 after the market close of $2.33, beating estimates of $2.252 per share.

Travelers (TRV) reported earnings on 7/20/2021 before the market open of $3.45, beating estimates of $2.346 per share.

Johnson & Johnson (JNJ) reported earnings on 7/21/2021 before the market open of $2.48, beating estimates of $2.28 per share.

Coca Cola (KO) reported earnings on 7/21/2021 before the market open of $0.68, beating estimates of $0.566 per share.

Verizon (VZ) reported earnings on 7/21/2021 before the market open of $1.37, beating estimates of $1.303 per share.

Dow (DOW) reported earnings on 7/22/2021 before the market open of $2.72, beating estimates calling for $2.477 per share.

Intel (INTC) reported earnings on 7/22/2021 after the market close of $1.28, beating estimates of $1.057 per share.

American Express (AXP) reported earnings on 7/23/2021 before the market open of $2.80, beating estimates of $1.641 per share.

Honeywell (HON) reported earnings on 7/23/2021 before the market open of $2.02, beating estimates of $1.938 per share.

3M (MMM) reported earnings on 7/27/2021 before the market open of $2.59, beating estimates of $2.245 per share.

Apple (AAPL) reports earnings on 7/27/2021 after the market close.

Microsoft (MSFT) reports earnings on 7/27/2021 after the market close.

Visa (V) reports earnings on 7/27/2021 after the market close.

Boeing (BA) reports earnings on 7/28/2021 before the market open.

McDonald’s (MCD) reports earnings on 7/28/2021 before the market open.

Merck (MRK) reports earnings on 7/29/2021 before the market open.

Caterpillar (CAT) reports earnings on 7/30/2021 before the market open.

Chevron (CVX) reports earnings on 7/30/2021 before the market open.

Procter & Gamble (PG) reports earnings on 7/30/2021 before the market open.

Amgen (AMGN) reports earnings on 8/3/2021 after the market close.

Today’s Featured Dow Stock

Verizon (VZ)

Verizon (VZ) 55.78 (-0.18%) is down -5.56% in 2021.

Financial Calendar

FOMC Meeting Begins

8:30 AM ET Durable Goods Orders

8:55 AM ET Redbook

9:00 AM ET Case-Shiller Home Price Index

9:00 AM ET FHFA House Price Index

10:00 AM ET Consumer Confidence

10:00 AM ET Richmond Fed Manufacturing Index

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

1:00 PM ET 5-Yr Note Auction

1:00 PM ET Money Supply

The Dow Market Happenings For Monday, July 26, 2021 – Visa (V) +13.85% YTD


Dow stocks hitting 52 week highs include American Express (AXP), McDonald’s (MCD), Microsoft (MSFT) and Nike (NKE). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -83 points.

Friday the Dow was up +238.20 (+0.68%) at 35,061.55.

Year-to-date the Dow is up +14.56%.

There were 24 Dow stocks up Friday.

The Dow stock winners Friday were led by Visa (V) 249.02 (+2.00%), Home Depot (HD) 332.84 (+1.89%) and McDonald’s (MCD) 242.96 (+1.80%)’

The Dow stock losers Friday were led by Intel (INTC) 53.00 (-5.29%), Honeywell (HON) 229.32 (-1.47%) and Dow (DOW) 60.11 (-0.61%).

The Dow Jones Industrial Average closed above 35,000 on Friday for the first time.

The Fed’s two-day July meeting is set to begin Tuesday.

The 10-year Treasury yield ticked lower Monday to around 1.25%. The yield, which moves inversely to price, hit a 5½-month low of nearly 1.13% last week.

Stocks in Asia tank on Chinese regulatory concerns and U.S. talks. Hong Kong’s Hang Seng stock index tanked more than 4% overnight. Mainland Chinese shares also plummeted, with the Shanghai composite and Shenzhen component each down over 2%.

Covid cases are on the rise in all 50 states and the District of Columbia as the delta variant rapidly spreads across the U.S. Cases hit a 15-month low in late June before infections started to rise. Vaccination rates peaked in April and dropped off considerably in recent months. White House chief medical advisor Dr. Anthony Fauci said Sunday that Americans with compromised immune systems may end up needing Covid vaccine booster shots.

Senators are racing to seal a bipartisan infrastructure deal as soon as Monday, as pressure mounted on all sides to show progress on President Joe Biden’s top priority. The lead Republican negotiator, Sen. Rob Portman of Ohio, said the two sides were “about 90% of the way there” on an agreement. A top Democrat, Sen. Mark Warner of Virginia, said he was hopeful a final bill would be ready Monday afternoon. The White House wants a bipartisan agreement for this first phase of infrastructure. But as talks drag on, anxious Democrats, who have slim control of the House and Senate, could leave Republicans behind and try to go it alone.

US futures are lower, European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is up one-tenth of a cent at $3.156 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 6/24/2021 after the market close of $0.93, beating estimates of $0.51 per share.

Walgreens (WBA) reported earnings on 7/1/2021 before the market open of $1.51, beating estimates of $1.114 per share.

Goldman Sachs (GS) reported earnings on 7/13/2021 before the market open of $15.02, beating estimates of $10.24 per share.

JPMorgan (JPM) reported earnings on 7/13/2021 before the market open of $3.78, beating estimates of $3.10 per share.

UnitedHealth (UNH) reported earnings on 7/15/2021 before the market open of $4.70, beating estimates of $4.407 per share.

IBM (IBM) reported earnings on 7/19/2021 after the market close of $2.33, beating estimates of $2.252 per share.

Travelers (TRV) reported earnings on 7/20/2021 before the market open of $3.45, beating estimates of $2.346 per share.

Johnson & Johnson (JNJ) reported earnings on 7/21/2021 before the market open of $2.48, beating estimates of $2.28 per share.

Coca Cola (KO) reported earnings on 7/21/2021 before the market open of $0.68, beating estimates of $0.566 per share.

Verizon (VZ) reported earnings on 7/21/2021 before the market open of $1.37, beating estimates of $1.303 per share.

Dow (DOW) reported earnings on 7/22/2021 before the market open of $2.72, beating estimates calling for $2.477 per share.

Intel (INTC) reported earnings on 7/22/2021 after the market close of $1.28, beating estimates of $1.057 per share.

American Express (AXP) reported earnings on 7/23/2021 before the market open of $2.80, beating estimates of $1.641 per share.

Honeywell (HON) reported earnings on 7/23/2021 before the market open of $2.02, beating estimates of $1.938 per share.

3M (MMM) reports earnings on 7/27/2021 before the market open.

Apple (AAPL) reports earnings on 7/27/2021 after the market close.

Microsoft (MSFT) reports earnings on 7/27/2021 after the market close.

Visa (V) reports earnings on 7/27/2021 after the market close.

Boeing (BA) reports earnings on 7/28/2021 before the market open.

McDonald’s (MCD) reports earnings on 7/28/2021 before the market open.

Merck (MRK) reports earnings on 7/29/2021 before the market open.

Caterpillar (CAT) reports earnings on 7/30/2021 before the market open.

Chevron (CVX) reports earnings on 7/30/2021 before the market open.

Procter & Gamble (PG) reports earnings on 7/30/2021 before the market open.

Amgen (AMGN) reports earnings on 8/3/2021 after the market close.

Today’s Featured Dow Stock

Visa (V)

Visa (V) 249.02 (+2.00%) is up +13.85% in 2021.

Financial Calendar

10:00 AM ET New Home Sales

10:30 AM ET Dallas Fed Manufacturing Survey

11:30 AM ET 3-Month Bill Auction

11:30 AM ET 6-Month Bill Auction

1:00 PM ET 2-Yr Note Auction

DJIA Market Happenings For Friday, July 23, 2021 – UnitedHealth (UNH) +18.56% YTD


Dow stocks hitting 52 week highs include Honeywell (HON), McDonald’s (MCD), Microsoft (MSFT) and Nike (NKE). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +187 points.

Thursday the Dow was up +25.35 (+0.07%) at 34,823.35.

Year-to-date the Dow is up +13.78%.

There were 14 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Salesforce (CRM) 248.28 (+2.55%), Microsoft (MSFT) 286.14 (+1.68%) and Nike (NKE) 163.68 (+1.61%).

The Dow stock losers Thursday were led by Travelers (TRV) 147.76 (+2.69%), JPMorgan (JPM) 150.93 (-1.26%) and Chevron CVX) 98.82 (-1.00%).

American Express (AXP) rose about 4% in the premarket after the credit giant reported quarterly earnings and revenue that best estimates.

Honeywell (HON) increased modestly in the premarket after the industrial company beat estimates with quarterly earnings and revenue. Honeywell also raised its outlook.

Intel (INTC) fell almost 2% in Friday’s premarket, the morning after the company issued a forecast that disappointed some investors and said the global chip shortage could last well into 2023. Intel did exceed estimates with quarterly earnings of $1.28 per share. Revenue also surpassed projections.

The 10-year Treasury yield, which moves inversely to price, ticked higher Friday, trading at about 1.3% after hitting a 5½-month low of nearly 1.13% earlier this week.

The delta variant, dominant in the U.S., is one of the most infectious respiratory diseases ever seen, warned the director of the Centers for Disease Control and Prevention. The variant is highly contagious, largely because people infected with delta can carry up to 1,000 times more virus in their nasal passages than those infected with the original coronavirus strain, according to new data. The latest seven-day average of new Covid cases was up 65%, while deaths fell 7% in the same time frame to 250 per day.

US futures are higher, European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down four-tenths of a cent at $3.155 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 6/24/2021 after the market close of $0.93, beating estimates of $0.51 per share.

Walgreens (WBA) reported earnings on 7/1/2021 before the market open of $1.51, beating estimates of $1.114 per share.

Goldman Sachs (GS) reported earnings on 7/13/2021 before the market open of $15.02, beating estimates of $10.24 per share.

JPMorgan (JPM) reported earnings on 7/13/2021 before the market open of $3.78, beating estimates of $3.10 per share.

UnitedHealth (UNH) reported earnings on 7/15/2021 before the market open of $4.70, beating estimates of $4.407 per share.

IBM (IBM) reported earnings on 7/19/2021 after the market close of $2.33, beating estimates of $2.252 per share.

Travelers (TRV) reported earnings on 7/20/2021 before the market open of $3.45, beating estimates of $2.346 per share.

Johnson & Johnson (JNJ) reported earnings on 7/21/2021 before the market open of $2.48, beating estimates of $2.28 per share.

Coca Cola (KO) reported earnings on 7/21/2021 before the market open of $0.68, beating estimates of $0.566 per share.

Verizon (VZ) reported earnings on 7/21/2021 before the market open of $1.37, beating estimates of $1.303 per share.

Dow (DOW) reported earnings on 7/22/2021 before the market open of $2.72, beating estimates calling for $2.477 per share.

Intel (INTC) reported earnings on 7/22/2021 after the market close of $1.28, beating estimates of $1.057 per share.

American Express (AXP) reported earnings on 7/23/2021 before the market open of $2.80, beating estimates of $1.641 per share.

Honeywell (HON) reported earnings on 7/23/2021 before the market open of $2.02, beating estimates of $1.938 per share.

3M (MMM) reports earnings on 7/27/2021 before the market open.

Apple (AAPL) reports earnings on 7/27/2021 after the market close.

Microsoft (MSFT) reports earnings on 7/27/2021 after the market close.

Visa (V) reports earnings on 7/27/2021 after the market close.

Boeing (BA) reports earnings on 7/28/2021 before the market open.

McDonald’s (MCD) reports earnings on 7/28/2021 before the market open.

Merck (MRK) reports earnings on 7/29/2021 before the market open.

Caterpillar (CAT) reports earnings on 7/30/2021 before the market open.

Chevron (CVX) reports earnings on 7/30/2021 before the market open.

Procter & Gamble (PG) reports earnings on 7/30/2021 before the market open.

Amgen (AMGN) reports earnings on 8/3/2021 after the market close.

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) 415.77 (+0.27%) is up +18.56% in 2021.

Financial Calendar

9:45 AM ET PMI Composite Flash

1:00 PM ET Baker Hughes Rig Count