The Dow Market Happenings For Friday, November 13, 2020

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

The Market

Premarket today, the Dow was indicated to open up +203 points.

Thursday the Dow was down -317.46 (-1.08%) at 29,080.17.

Year-to-date the Dow is down +1.90%.

There were 4 Dow stocks up Thursday.

The Dow stock winners Thursday were led by UnitedHealth (UNH) 354.41 (+0.77%), Johnson & Johnson (JNJ) 148.30 (+0.34%) and Walmart (WMT) 148.23 (+0.17%).

The Dow stock losers Thursday were led by Intel (INTC) 44.95 (-3.02%), Boeing (BA) 176.72 (-2.98%) and IBM (IBM) 114.50 (-2.30%).

Stocks resume post election rally as hand recounts in Arizona, and formal congratulations from China, cement President-Elect Joe Biden’s path to the White House.

Shares of Disney (DIS) and Cisco (CSCO) rose sharply in after-hours trading after both companies reported quarterly results that beat analyst expectations.

U.S. coronavirus infections surged past 150,000 on Thursday, less than a week after topping 100,000, as Chicago issues stay-at-home orders and New York mulls tighter restrictions heading into Thanksgiving.

European stocks are mostly lower and Asian markets ended lower.

The national average price of gasoline is up four-tenths of a cent at $2.130 per gallon.

Earnings Reports

Nike (NKE) 116.87 (+3.09%) reported earnings on 9/22/2020 after the market close of $0.95, beating estimates calling for $0.458 per share. Last I checked it was trading at 132.15 in after-hours. [Closed at $114.90, +1.93% on 9/9/2020]

Johnson & Johnson (JNJ) 148.88 (+1.24%) reported earnings on Tuesday 10/13/2020 before the market open of $2.20, beating estimates calling for $1.987 per share.

JPMorgan (JPM) 96.27 (+0.96%) reported earnings on Tuesday 10/13/2020 before the market open of $2.92, beating estimates calling for $2.353 per share.

Goldman Sachs (GS) reported earnings on Wednesday 10/14/2020 before the market open of $9.68, beating estimates calling for $5.57 per share.

UnitedHealth (UNH) reported earnings on Wednesday 10/14/2020 before the market open of $3.51, beating estimates of $2.981 per share.

Walgreens (WBA) reported earnings on Thursday 10/15/2020 before the market open of $1.02, beating estimates of $0.96 per share.

IBM (IBM) reported earnings on Monday 10/19/2020 after the market close of $2.58, beating estimates calling for $2.545 per share.

Procter & Gamble (PG) reported earnings on Tuesday 10/20/2020 before the market open of $1.63, beating estimates of $1.428 per share.

Travelers (TRV) reported earnings on Tuesday 10/20/2020 before the market open of $3.12, beating estimates of $2.907 per share.

Verizon (VZ) reported earnings on Wednesday 10/21/2020 before the market open of $1.25, beating estimates of $1.217 per share.

Dow (DOW) reported earnings on Thursday 10/22/2020 before the market open of $0.50, beating estimates of $0.33 per share.

Coca Cola (KO) reported earnings on Thursday 10/22/2020 before the market open of $0.55, beating estimates of $0.454 per share.

Intel (INTC) reported earnings on Thursday 10/22/2020 after the market close of $1.11, meeting (slightly beating) expectations of $1.103 per share.

American Express (AXP) reported earnings on Friday 10/23/2020 before the market open of $1.30, missing estimates of $1.39 per share.

3M (MMM) reported earnings on Tuesday 10/27/2020 before the market open of $2.43, beating estimates of $2.27 per share.

Merck (MRK) reported earnings on Tuesday 10/27/2020 before the market open of $1.74, beating estimates of $1.442 per share.

Microsoft (MSFT) reported earnings on Tuesday 10/27/2020 after the market close of $1.82, beating estimates of $1.528 per share.

Boeing (BA) reported earnings on Wednesday 10/28/2020 before the market open of -$1.39, beating estimates of -$2.334 peer share.

Amgen (AMGN) reported earnings on Wednesday 10/28/2020 after the market close of $4.37, beating estimates of $3.746 per share.

Visa (V) reported earnings on Wednesday 10/28/2020 after the market close of $1.12, beating estimates of $1.092 per share.

Apple (AAPL) reported earnings on Thursday 10/29/2020 after the market close of $0.73, beating estimates of $0.691 per share.

Chevron (CVX) reported earnings on Friday 10/30/2020 before the market open of $0.11, beating estimates of -$0.0287 per share.

Honeywell (HON) reported earnings on Friday 10/30/2020 before the market open of $1.56, beating estimates of $1.486 per share.

McDonald’s (MCD) reported earnings on Monday 11/09/2020 before the market open of $2.22, beating estimates calling for $1.926 per share.

Cisco (CSCO) reported earnings on Thursday 11/12/2020 after the market close of $0.76, beating estimates of $0.632 per share.

Disney (DIS) reported earnings on Thursday 11/12/2020 after the market close of -$0.20, beating estimates of -$0.683 per share.

Home Depot (HD) reports earnings on Tuesday 11/17/2020 before the market open.

Walmart (WMT) reports earnings on Tuesday 11/17/2020 before the market open.

Today’s Featured Dow Stock

Salesforce (CRM)

Salesforce (CRM) 169.46 (-1.65%) is up +17.45% year-to-date. Salesforce (CRM) YTD low was 87.50 on 03/12/2020. Salesforce has provided a +93.67% gain off the YTD low.

Financial Calendar

8:30 AM ET PPI-Final Demand

10:00 AM ET Consumer Sentiment

10:30 AM ET EIA Natural Gas Report

1:00 PM ET Baker Hughes Rig Count

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