DJIA Market Happenings For Monday, July 30, 2018

Dow stocks at 52 week highs include American Express (AXP) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +33 points.

Friday the Dow was down -76.01 (-0.30%) at 25,451.06.

Year-to-date the Dow is up +2.96%.

There were 13 Dow stocks up Friday.

The Dow stock winners Friday were led by Chevron (CVX) +1.63% ans Walgreens (WBA) +1.63%.

The Dow stock losers Friday were led by Intel (INTC) -8.59% and Exxon Mobil (XOM) -2.75%.

Caterpillar (CAT) reported record second-quarter profits per share and said it would offset a sizable second-half profit hit from the tariffs by raising prices. Caterpillar also bumped up its full-year profit forecast to a range of $11 per share to $12 per share.

Walmart (WMT -0.11%) is working on potential subscription video streaming service, according to a WSJ report.

European stocks are mostly lower and Asian markets ended lower.

The national average price of gasoline is unchanged at $2.857 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) reported earnings on 7/18/2018 after the market close of $1.84, missing estimates calling for $1.868 per share.

IBM (IBM) reported earnings on 7/18/2018 after the market close of $3.08, beating estimates calling for $3.058 per share.

Travelers (TRV) reported earnings on 7/19/2018 before the market open $1.92, missing estimates of $2.446 per share.

Microsoft (MSFT) reported earnings on 7/19/2018 after the market close of $1.13, beating estimates calling for $1.11 per share.

3M (MMM) reported earnings on 7/24/2018 before the market open of $3.07, beating estimates of $2.603 per share.

United Technologies (UTX) reported earnings on 7/24/2018 before the market open of $1.97, beating estimates calling for $1.88 per share.

Verizon (VZ) reported earnings on 7/24/2018 before the market open of $1.20, beating estimates of $1.159 per share.

Boeing (BA) reported earnings on 7/25/2018 before the market open of $3.33, missing estimates of $3.448 per share.

Coca Cola (KO) reported earnings on 7/25/2018 before the market open of $0.61, meeting expectations of $0.609 per share.

McDonald’s (MCD) reported earnings on 7/26/2018 before the market open of $1.90, missing estimates of $1.965 per share.

Intel (INTC) reported earnings on 7/26/2018 after the market close of $1.04, beating estimates of $1.00 per share.

Chevron (CVX) reported earnings on 7/27/2018 before the market open of $1.78, missing estimates calling for $2.095 per share.

Exxon Mobil (XOM) reported earnings on 7/27/2018 before the market open of $0.92, missing estimates calling for $1.249 per share.

Merck (MRK) reported earnings on 7/27/2018 before the market open of $1.06, meeting expectations of $1.059 per share.

Caterpillar (CAT) reported earnings on 7/30/2018 before the market open of $2.97, beating estimates calling for $2.747 per share.

Pfizer (PFE) reports earnings on 7/31/2018 before the market open.

Procter & Gamble (PG) reports earnings on 7/31/2018 before the market open.

Apple (AAPL) reports earnings on 7/31/2018 after the market close.

DowDuPont (DWDP) reports earnings on 8/2/2018 before the market open.

Disney (DIS)) reports earnings on 8/7/2018 after the market close.

Today’s Featured Dow Stock

Boeing (BA)

Boeing (BA) is up +22.29% year-to-date.

Financial Calendar

14:00 Pending Home Sales (MoM) (Jun), 0.4%, -0.5%

14:00 Pending Home Sales Index (Jun), 105.9

14:30 Dallas Fed Mfg Business Index (Jul), 31.0, 36.5

15:30 3-Month Bill Auction, 1.970%

15:30 6-Month Bill Auction, 2.140%

18:00 Loan Officer Survey

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