The Dow Market Happenings For Monday, November 30, 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 down -136 points.

Friday the Dow was up +37.90 (+0.13%) at 29,910.37.

Year-to-date the Dow is up +4.81%.

There were 15 Dow stocks up Friday.

The Dow stock winners Friday were led by Amgen (AMGN) 224.81 (+2.04%), UnitedHealth (UNH) 337.94 (+1.43%) and Intel (INTC) 47.45 (+0.85%).

The Dow stock losers Friday were led by Disney (DIS) 147.13 (-1.31%), Travelers (TRV) 134.44 (-1.16%) and Nike (NKE) 134.25 (-0.95%).

The Dow Jones Industrial Average, while set to open down -136 points, remained on track for its best month since January 1987. With one day left in November, the Dow was up nearly 13% for the month.

White House coronavirus response coordinator Dr. Deborah Birx hopes to brief Biden’s team Monday on America’s response to the coronavirus as health officials express concern about how Thanksgiving gatherings might boost already spiking cases. In fact, Dr. Anthony Fauci, the nation’s top infectious disease expert, said Sunday that Christmas and New Year’s restrictions will be necessary to stem to the spread of the virus. Despite the CDC warning against Thanksgiving travel, more than 9 million people took flights before and after the holiday. The U.S. has nearly 13.4 million total confirmed Covid-19 cases.

European stocks are higher and Asian markets ended lower.

The national average price of gasoline is down one-tenth of a cent at $2.127 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) reported earnings on Tuesday 11/17/2020 before the market open of $3.18, beating estimates of $3.078 per share.

Walmart (WMT) reported earnings on Tuesday 11/17/2020 before the market open of $1.34, beating estimates calling for $1.192 per share.

Salesforce (CRM) reports earnings on Tuesday 12/1/2020 after the market close.

Today’s Featured Dow Stock

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) 144.00 (+0.22%) is down -1.28% year-to-date. Johnson & Johnson (JNJ) YTD low was 109.16 on 3/23/2020. Johnson & Johnson has provided a +31.92% gain off the YTD low.

Financial Calendar

9:45 AM ET Chicago PMI

10:00 AM ET Pending Home Sales Index

10:30 AM ET Dallas Fed Manufacturing Survey

11:30 AM ET 3-Month Bill Auction

11:30 AM ET 6-Month Bill Auction

3:00 PM ET Farm Prices

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