DJIA Market Happenings For Thursday, November 1, 2018

Dow stocks at 52 week highs include McDonald’s (MCD) and Merck (MRK). Dow stock 52 week lows include IBM (IBM).

The Market

Premarket today, the Dow was indicated to open up +88 points.

Wednesday the Dow was up +241.12 (+0.97%) at 25,115.76.

Year-to-date the Dow is up +1.60%.

There were 22 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Visa (V) +3.83%, Microsoft (MSFT) +2.97% and Goldman Sachs (GS) +2.78%.

The Dow stock losers Wednesday were led by Walmart (WMT) -2.09%, Verizon (VZ) -1.87% and Intel (INTC) -1.84%.

European stocks are mostly lower and Asian markets ended mostly higher.

The national average price of gasoline is down eight-tenths of a cent at $2.793 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) reported 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) reported earnings on 10/30/2018 before the market open of $0.58, beating estimates of $0.559 per share.

Pfizer (PFE) reported earnings on 10/30/2018 before the market open of $0.78, meeting estimates of $0.782 per share.

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

Coca Cola (KO)

Coca Cola (KO) is up +4.36% year-to-date.

Financial Calendar

11:30 Challenger Job Cuts (Oct), 75.6K, 55.3K

11:30 Challenger Job Cuts (YoY), 153.6%, 70.9%

12:30 Continuing Jobless Claims, 1,631K, 1,640K, 1,638K

12:30 Initial Jobless Claims, 214K, 213K, 216K

12:30 Jobless Claims 4-Week Avg., 213.75K, 212.00K

12:30 Nonfarm Productivity (QoQ) (Q3), 2.2%, 2.2%, 3.0%

12:30 Unit Labor Costs (QoQ) (Q3), 1.2%, 1.0%, -1.0%

13:45 Manufacturing PMI (Oct), 55.7, 55.9, 55.9

14:00 Construction Spending (MoM) (Sep), 0.0%, 0.1%, 0.8%

14:00 ISM Manufacturing Employment (Oct), 56.8, 57.5, 58.8

14:00 ISM Manufacturing New Orders Index (Oct), 57.4, 61.8

14:00 ISM Manufacturing PMI (Oct), 57.7, 59.0, 59.8

14:00 ISM Manufacturing Prices (Oct), 71.6, 65.0, 66.9

14:30 Natural Gas Storage, 48B, 50B, 58B

19:30 All Car Sales, 5.14M

19:30 All Truck Sales (Nov), 11.90M, 12.03M

19:30 Domestic Car Sales, 3.77M

19:30 Domestic Truck Sales (Nov), 9.50M, 9.53M, 9.63M

19:30 Total Vehicle Sales, 17.57M, 17.10M, 17.44M

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

Leave a Reply

You must be logged in to post a comment.