DJIA Market Happenings For Tuesday, November 14, 2017

Dow stocks at 52 week highs include Wal-Mart (WMT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -41 points.

Monday the Dow was up +17.49 (+0.07%) at 23,439.70.

Year-to-date the Dow is up +18.61%.

There were 12 Dow stocks up Monday.

The Dow stock winners Monday were led by McDonald’s (MCD) +1.07% and Procter & Gamble (PG) +0.95%.

The Dow stock losers Monday were led by General Electric (GE) -7.17% and Travelers (TRV) -1.64%.

General Electric (GE) has cut its dividend by 50%, from $0.24 per share to $0.12.

European stocks are mostly lower and Asian markets ended lower.

The national average price of gasoline is up one-tenth of a cent at $2.561 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/26/17 after the market close of $0.57, beating estimates calling for $0.515 per share.

JPMorgan (JPM) reported earnings on 10/12/2017 before the market open of $1.76, beating estimates calling for $1.709 per share.

Goldman Sachs (GS) reported earnings on 10/17/2017 before the market open of $5.02, beating estimates calling for $4.343 per share.

Johnson & Johnson (JNJ) reported earnings on 10/17/2017 before the market open of $1.90, beating estimates of $1.823 per share.

UnitedHealth (UNH) reported earnings on 10/17/2017 before the market open of $2.66, beating estimates calling for $2.607 per share.

IBM (IBM) reported earnings on 10/17/2017 after the market close of $3.30, missing estimates calling for $3.325 per share.

American Express (AXP) reported earnings on 10/18/2017 after the market close of $1.50, beating estimates of $1.487 per share.

Travelers (TRV) reported earnings on 10/19/2017 before the market open of $0.91, beating estimates calling for $0.724 per share.

Verizon (VZ) report earnings on 10/19/2017 before the market open of $0.98, matching estimates of $0.984 per share.

General Electric (GE) reported earnings on 10/20/2017 before the market open of $0.29, missing estimates calling for $0.49 per share.

Procter & Gamble (PG) reported earnings on 10/20/2017 before the market open of $1.09, meeting estimates of $1.093 per share.

3M (MMM) reported earnings on 10/24/2017 before the market open of $2.33, beating estimates of $2.253 per share.

Caterpillar (CAT) reported earnings on 10/24/2017 before the market open of $1.95, beating estimates of $1.301 per share.

McDonald’s (MCD) reported earnings on 10/24/2017 before the market open of $2.32, beating estimates of $1.792 per share.

United Technologies (UTX) reported earnings on 10/24/2017 before the market open of $1.73, beating estimates of $1.719 per share.

Boeing (BA) reported earnings on 10/25/2017 before the market open of $2.72, beating estimates of $2.709 per share.

Coca Cola (KO) reported earnings on 10/25/2017 before the market open of $0.50, meeting estimates of $0.495 per share.

Visa (V) reported earnings on 10/25/2017 before the market open of $0.90, beating estimates of $0.884 per share.

Intel (INTC) reported earnings on 10/26/2017 after the market close of $1.01, beating estimates of $0.815 per share.

Microsoft (MSFT) reported earnings on 10/26/2017 after the market close of $0.84, beating estimates calling for $0.781 per share.

Chevron (CVX) reported earnings on 10/27/2017 before the market open of $1.03, meeting expectations of $1.026 per share.

Merck (MRK) reported earnings on 10/27/2017 before the market open of $1.11, beating estimates calling for $1.04 per share.

Exxon Mobil (XOM) reported earnings on 10/27/2017 before the market open of $0.93, beating estimates of $0.885 per share.

Pfizer (PFE) reported earnings on 10/31/2017 before the market open of $0.67, barely beating estimates calling for $0.662 per share..

Apple (AAPL) reported earnings on 11/2/2017 after the market close of $2.07, beating estimates of $1.899 per share.

Disney (DIS) reported earnings on 11/9/2017 after the market close of $1.07, missing estimates calling for $1.16 per share.

Home Depot (HD) reported earnings on 11/14/2017 before the market open of $1.84, meeting expectations of $1.835 per share.

Cisco (CSCO) reports earnings on 11/15/2017 after the market close.

Wal-Mart (WMT) reports earnings on 11/16/2017 before the market open.

Today’s Featured Dow Stock

Apple (AAPL)

Apple (AAPL) is up +49.67% year-to-date.

Financial Calendar

0305 ET Chicago Fed President Charles Evans (voter) takes part in a panel discussion at an ECB conference in Frankfurt on Communications Challenges for Policy Effectiveness, Accountability and Reputations.

0500 ET Fed Chair Janet Yellen takes part in a ECB panel discussion on Challenges and Opportunities of Central Bank Communication with ECB President Mario Draghi, BOJ Governor Haruhiko Kuroda and BOE Governor Mark Carney.

0830 ET Oct PPI final demand expected +0.1% m/m and +2.4% y/y, Sep +0.4% m/m and +2.6% y/y. Oct PPI ex food & energy expected +0.2% m/m and +2.3% y/y, Sep +0.4% m/m and +2.2% y/y.

1305 ET Atlanta Fed President Raphael Bostic (non-voter) speaks on the economic outlook and monetary policy at a forum in Montgomery, Alabama.

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.