The Dow Market Happenings For Monday, December 31, 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 +112 points.

Friday the Dow was down -76.42 (-0.33%) at 23,062.40.

Year-to-date the Dow is down -6.70%.

There were 7 Dow stocks up Friday.

The Dow stock winners Friday were led by Intel (INTC) +0.84%, Disney (DIS) +0.73% and Walmart (WMT) +0.59%.

The Dow stock losers Friday were Goldman Sachs (GS) -1.44%, Exxon Mobil (XOM) -1.12% and Procter & Gamble (PG) -0.91%.

Boeing (BA -0.24%) was awarded a $400 million contract from the U.S. Air Force for B-1 and B-2 bomber engineering services.

Here are the levels at which the Dow and S&P would officially enter a bear market. The Dow Jones Industrial Average would enter a bear market at 21,462.71 (current level, as of Friday close: 23,062.40). The S&P 500 would enter a bear market at 2,344.60 (current level, as of Friday close: 2,485.74).

This is the last trading day of 2018. Hope you all have a Very Happy and Safe New Years Holiday!

Nike (NKE) and Intel (INTC) are showing signs of a recovery. Both are still showing as trending sideways on Thinkorswim though.

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

The national average price of gasoline is down five-tenths of a cent at $2.266 per gallon. Here in Gig Harbor at Costco, regular gas is at $2.699 per gallon.

Earnings Reports.

There are no Dow stocks set to release earnings in the near term.

Today’s Featured Dow Stock

Intel (INTC)

Intel (INTC) is up +1.28% year-to-date.

Financial Calendar

09:00 Chicago PMI

10:00 Export Inspections

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