The Dow Market Happenings For Monday, October 29, 2018

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +136 points.

Friday the Dow was down -296.24 (-1.19%) at 24,688.31.

Year-to-date the Dow is down -0.13%.

There were 4 Dow stocks up Friday.

The Dow stock winners Friday were led by Intel (INTC) +3.11%, Walgreens (WBA) +0.65% and Merck (MRK) +0.63%.

The Dow stock losers Friday were led by Home Depot (HD) -3.82%, Cisco (CSCO) -2.68% and UnitedHealth (UNH) -2.29%.

Apple (AAPL -1.59%) was rated a new ‘Buy’ at Jeffries with a price target of $265.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down four-tenths of a cent at $2.818 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/25/2018 after the market close of $0.67, just beating estimates calling for $0.657 per share.

Walgreens (WBA) reported earnings on 10/11/18 before the market open of $1.48, barely beating estimates of $1.471 per share.

JPMorgan (JPM) reported earnings on 10/12/18 before the market open of $2.36, beating estimates calling for $2.26 per share.

Goldman Sachs (GS) reported earnings on 10/16/18 before the market open of $6.28, beating estimates of $5.695 per share.

IBM (IBM) reported earnings on 10/16/18 after the market close of $3.42, missing estimates of $3.434 per share.

Johnson & Johnson (JNJ) reported earnings on 10/16/18 before the market open of $2.05, missing estimates calling for $2.061 per share.

UnitedHealth (UNH) reported earnings on 10/16/18 before the market open of $3.41, beating estimates of $3.356 per share.

Procter & Gamble (PG) reported earnings on 10/19/2018 before the market open of $1.12,meeting expectations of $1.116 per share.

Travelers (TRV) reported earnings on 10/19/18 before the market open of $2.54, beating estimates calling for $2.19 per share.

American Express (AXP) reported earnings on 10/18/18 after the market close of $1.88,beating estimates of $1.808 per share.

McDonald’s (MCD) reported earnings on 10/23/2018 before the market open of $2.10, beating estimates of $2.012 per share.

3M (MMM) reported earnings on 10/23/2018 before the market open of $2.58, missing estimates of $2.726 per share.

United Technologies (UTX) reported earnings on 10/23/2018 before the market open of $1.93, beating estimates calling for $1.861 per share.

Verizon (VZ) reports earnings on 10/23/2018 before the market open of $1.22, beating estimates of $1.211 per share.

Boeing (BA) reported earnings on 10/24/2018 before the market open of $3.58, beating estimates calling for $3.513 per share.

Microsoft (MSFT) reported earnings on 10/24/2018 after the market close of $1.14, beating estimates of $1.007 per share.

Visa (V) reported earnings on 10/24/2018 after the market close of $1.21, missing estimates calling for $1.244 per share.

Merck (MRK) reported earnings on 10/25/2018 before the market open of $1.19, beating estimates calling for $1.167 per share.

Intel (INTC) reported earnings on 10/25/2018 after the market close of $1.40, beating estimates of $1.19 per share.

Coca Cola (KO) reports earnings on 10/30/2018 before the market open.

Pfizer (PFE) reports earnings on 10/30/2018 before the market open.

Chevron (CVX) reports earnings on 11/2/2018 after the market close.

Exxon Mobil (XOM) reports earnings on 11/2/2018 after the market close.

Disney (DIS) reports earnings on 11/8/2018 after the market close.

Home Depot (HD) reports earnings on 11/13/2018 before the market open.

Cisco (CSCO) reports earnings on 11/14/2018 after the market close.

Walmart (WMT) reports earnings on 11/15/2018 before the market open.

Today’s Featured Dow Stock

Caterpillar (CAT)

Caterpillar (CAT) is down -26.99% year-to-date.

Financial Calendar

12:30 Core PCE Price Index (MoM) (Sep), 0.1%, 0.0%

12:30 Core PCE Price Index (YoY) (Sep), 2.0%, 2.0%

12:30 PCE Deflator (YoY), 2.2%

12:30 PCE Deflator (MoM), 0.1%, 0.1%

12:30 Personal Income (MoM) (Sep), 0.4%, 0.3%

12:30 Personal Spending (MoM) (Sep), 0.4%, 0.3%

12:30 Real Personal Consumption (MoM) (Sep), 0.2%

13:45 Chicago Fed President Evans Speaks

14:30 Dallas Fed Mfg Business Index (Oct), 28.1

15:30 3-Month Bill Auction, 2.300%

15:30 6-Month Bill Auction, 2.425%

Tentative Dallas Fed PCE (Sep), 1.50%

18:00 Loan Officer Survey

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

Leave a Reply

You must be logged in to post a comment.