The Dow Market Happenings For Wednesday, July 26, 2017

Dow stocks at 52 week highs include Boeing (BA) and Microsoft (MSFT). Dow stock 52 week lows include IBM (IBM).

The Market

Premarket today, the Dow was indicated to open up +76 points.

Tuesday the Dow was up +100.26 (+0.47%) at 21,613.43.

Year-to-date the Dow is up +9.37%.

There were 22 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Caterpillar (CAT) +5.88% and McDonald’s (MCD) +4.75%.

The Dow stock loser Tuesday was 3M (MMM) -5.05% and United Technologies (UTX) -2.20%.

The Fed ends 2-day policy meeting with news about 11:00 am PDT.

See Dow stock earnings numbers below.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is up one-tenth of a cent at $2.282 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 6/29/17 after the market close of $0.60, beating estimates calling for $0.512 per share.

JPMorgan (JPM) reported earnings on 7/14/17 before the market open of $1.82, beating estimates calling for $1.62 per share.

Goldman Sachs (GS) reported earnings on 7/18/17 before the market open of $3.95, beating estimates calling for $3.71 per share.

Johnson & Johnson (JNJ) reported earnings on 7/18/17 before the market open of $1.83, meeting estimates calling for $1.827 per share.

UnitedHealth (UNH) reported earnings on 7/18/17 before the market open of $2.46, beating estimates of $2.398 per share.

IBM (IBM) reported earnings on 7/18/17 after the market close of $2.97, beating estimates calling for $2.758 per share.

American Express (AXP) reported earnings on 7/19/17 after the market close of $1.47, meeting estimates of $1.47 per share..

Travelers (TRV) reported earnings on 7/20/2017 before the market open of $2.11, missing estimates calling for $2.212 per share.

Microsoft (MSFT) reported earnings on 7/20/2017 after the market close of $0.98, beating estimates calling for $0.736 per share.

Visa (V) reported earnings on 7/20/2017 after the market close of $0.86, beating estimates of $0.843 per share.

General Electric (GE) reported earnings on 7/21/2017 before the market open of $0.28, missing estimates calling for $0.532 per share.

Caterpillar (CAT) reported earnings on 7/25/2017 before the market open of$1.49, beating estimates calling for $1.262 per share.

Dupont (DD) reported earnings on 7/25/2017 before the market open of $1.38, beating estimates calling for $1.341 per share.

McDonald’s (MCD) reported earnings on 7/25/2017 before the market open of $1.70, beating estimates of $1.66 per share.

3M (MMM) reported earnings on 7/25/2017 before the market open of $2.58, beating estimates calling for $2.504 per share.

United Technologies (UTX) reported earnings on 7/25/2017 before the market open of $1.85, beating estimates of $1.804 per share.

Coca Cola (KO) reported earnings on 7/26/2017 before the market open of $0.59, beating estimates calling for $0.576 per share.

Boeing (BA) reported earnings on 7/26/2017 before the market open of $2.55, beating estimates of $2.383 per share.

Procter & Gamble reports earnings on 7/27/2017 before the market open.

Verizon (VZ) reports earnings on 7/27/2017 before the market open.

Intel (INTC) reports earnings on 7/27/2017 after the market close.

Chevron (CVX) reports earnings on 7/28/2017 before the market open.

Exxon Mobil (XOM) reports earnings on 7/28/2017 before the market open.

Merck (MRK) reports earnings on 7/28/2017 before the market open.

Pfizer (PFE) reports earnings on 8/1/2017 before the market open.

Apple (AAPL) reports earnings on 8/1/2017 after the market close.

Today’s Featured Dow Stock

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) is up +14.47% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +6.3% with purchase sub-index +1.1% and refi sub-index +13.0%.

1000 ET Jun new home sales expected +0.8% to 615,000, May +2.9% to 610,000.

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.

1400 ET FOMC announces interest rate decision, expected no change to the 1.00%-1.25% fed funds target range.

DJIA Market Happenings For Tuesday, July 25, 2017

Dow stocks at 52 week highs include Boeing (BA). Dow stock 52 week lows include IBM (IBM).

The Market

Premarket today, the Dow was indicated to open up +124 points.

Monday the Dow was down -66.90 (-0.31%) at 21,513.17.

Year-to-date the Dow is up +8.86%.

There were 8 Dow stocks up Monday.

The Dow stock winners Monday were led by Caterpillar (CAT) +1.49% and Apple (AAPL) +1.21%.

The Dow stock loser Monday was General Electric (GE) -1.85% and Johnson & Johnson (JNJ) -1.70%.

The Fed begins 2-day policy meeting.

Caterpillar (CAT) this morning reported EPS of $1.49 that beat the 1.25 consensus. CAT also raised its 2017 guidance due to “increased demand across many end markets and disciplined cost control,” according to management.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down one-tenth of a cent at $2.281 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 6/29/17 after the market close of $0.60, beating estimates calling for $0.512 per share.

JPMorgan (JPM) reported earnings on 7/14/17 before the market open of $1.82, beating estimates calling for $1.62 per share.

Goldman Sachs (GS) reported earnings on 7/18/17 before the market open of $3.95, beating estimates calling for $3.71 per share.

Johnson & Johnson (JNJ) reported earnings on 7/18/17 before the market open of $1.83, meeting estimates calling for $1.827 per share.

UnitedHealth (UNH) reported earnings on 7/18/17 before the market open of $2.46, beating estimates of $2.398 per share.

IBM (IBM) reported earnings on 7/18/17 after the market close of $2.97, beating estimates calling for $2.758 per share.

American Express (AXP) reported earnings on 7/19/17 after the market close of $1.47, meeting estimates of $1.47 per share..

Travelers (TRV) reported earnings on 7/20/2017 before the market open of $2.11, missing estimates calling for $2.212 per share.

Microsoft (MSFT) reported earnings on 7/20/2017 after the market close of $0.98, beating estimates calling for $0.736 per share.

Visa (V) reported earnings on 7/20/2017 after the market close of $0.86, beating estimates of $0.843 per share.

General Electric (GE) reports earnings on 7/21/2017 before the market open.

Caterpillar (CAT) reports earnings on 7/25/2017 before the market open.

Dupont (DD) reports earnings on 7/25/2017 before the market open.

McDonald’s (MCD) reports earnings on 7/25/2017 before the market open.

3M (MMM) reports earnings on 7/25/2017 before the market open.

United Technologies (UTX) reports earnings on 7/25/2017 before the market open.

Coca Cola (KO) reports earnings on 7/26/2017 before the market open.

Boeing (BA) reports earnings on 7/26/2017 before the market open.

Procter & Gamble reports earnings on 7/27/2017 before the market open.

Verizon (VZ) reports earnings on 7/27/2017 before the market open.

Intel (INTC) reports earnings on 7/27/2017 after the market close.

Chevron (CVX) reports earnings on 7/28/2017 before the market open.

Exxon Mobil (XOM) reports earnings on 7/28/2017 before the market open.

Merck (MRK) reports earnings on 7/28/2017 before the market open.

Pfizer (PFE) reports earnings on 8/1/2017 before the market open.

Apple (AAPL) reports earnings on 8/1/2017 after the market close.

Today’s Featured Dow Stock

Intel (INTC)

Intel (INTC) is down -4.88% year-to-date.

Financial Calendar

0900 ET May FHFA house price index expected +0.5% m/m, Apr +0.7% m/m.

0900 ET May S&P CoreLogic composite-20 home price index expected +0.3% m/m and +5.8% y/y, Apr +0.28% m/m and +5.67% y/y.

1000 ET Jul consumer confidence (Conference Board) expected -2.9 to 116.0, Jun +1.3 to 118.9.

1000 ET Jul Richmond Fed manufacturing index expected unch at 7, Jun +6 to 7.

1030 ET FOMC begins 2-day policy meeting.

1300 ET Treasury auctions $26 billion of 2-year T-notes.

The Dow Market Happenings For Monday, July 24, 2017

Dow stocks at 52 week highs include American Express (AXP), Boeing (BA), UnitedHealth (UNH) and Visa (V). Dow stock 52 week lows include General Electric (GE) and IBM (IBM).

The Market

Premarket today, the Dow was indicated to open down -9 points.

Friday the Dow was down -31.71 (-0.15%) at 21,580.07.

Year-to-date the Dow is up +9.20%.

There were 11 Dow stocks up Friday.

The Dow stock winners Friday were led by Visa (V) +1.52% and Nike (NKE) +1.44%.

The Dow stock loser Friday was General Electric (GE) -2.92% and Chevron (CVX) -1.32%.

The Fed begins 2-day policy meeting tomorrow.

Looks like 13 Dow stocks report earnings this week. See earnings section below.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is up one-tenth of a cent at $2.284 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 6/29/17 after the market close of $0.60, beating estimates calling for $0.512 per share.

JPMorgan (JPM) reported earnings on 7/14/17 before the market open of $1.82, beating estimates calling for $1.62 per share.

Goldman Sachs (GS) reported earnings on 7/18/17 before the market open of $3.95, beating estimates calling for $3.71 per share.

Johnson & Johnson (JNJ) reported earnings on 7/18/17 before the market open of $1.83, meeting estimates calling for $1.827 per share.

UnitedHealth (UNH) reported earnings on 7/18/17 before the market open of $2.46, beating estimates of $2.398 per share.

IBM (IBM) reported earnings on 7/18/17 after the market close of $2.97, beating estimates calling for $2.758 per share.

American Express (AXP) reported earnings on 7/19/17 after the market close of $1.47, meeting estimates of $1.47 per share..

Travelers (TRV) reported earnings on 7/20/2017 before the market open of $2.11, missing estimates calling for $2.212 per share.

Microsoft (MSFT) reported earnings on 7/20/2017 after the market close of $0.98, beating estimates calling for $0.736 per share.

Visa (V) reported earnings on 7/20/2017 after the market close of $0.86, beating estimates of $0.843 per share.

General Electric (GE) reports earnings on 7/21/2017 before the market open.

Caterpillar (CAT) reports earnings on 7/25/2017 before the market open.

Dupont (DD) reports earnings on 7/25/2017 before the market open.

McDonald’s (MCD) reports earnings on 7/25/2017 before the market open.

3M (MMM) reports earnings on 7/25/2017 before the market open.

United Technologies (UTX) reports earnings on 7/25/2017 before the market open.

Coca Cola (KO) reports earnings on 7/26/2017 before the market open.

Boeing (BA) reports earnings on 7/26/2017 before the market open.

Procter & Gamble reports earnings on 7/27/2017 before the market open.

Verizon (VZ) reports earnings on 7/27/2017 before the market open.

Intel (INTC) reports earnings on 7/27/2017 after the market close.

Chevron (CVX) reports earnings on 7/28/2017 before the market open.

Exxon Mobil (XOM) reports earnings on 7/28/2017 before the market open.

Merck (MRK) reports earnings on 7/28/2017 before the market open.

Pfizer (PFE) reports earnings on 8/1/2017 before the market open.

Apple (AAPL) reports earnings on 8/1/2017 after the market close.

Today’s Featured Dow Stock

IBM (IBM)

IBM (IBM) is down -11.39% year-to-date.

Financial Calendar

0935 ET Jul Markit manufacturing PMI expected +0.2 to 52.2, Jun -0.7 to 52.0. Jul Markit services PMI expected -0.2 to 54.0, Jun +0.6 to 54.2.

1000 ET Jun existing home sales expected -0.9% to 5.57 million, May +1.1% to 5.62 million.

1100 ET USDA weekly grain export inspections.

1500 ET USDA Jun Cold Storage.

1600 ET USDA crop conditions and planting progress.