DJIA Market Happenings For Friday, February 19, 2021

Dow stocks hitting 52 week highs include JPMorgan (JPM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +65 points.

Thursday the Dow was down -119.68 (-0.38%) at 31,493.34.

Year-to-date the Dow is up +2.90%.

There were 13 Dow stocks up Thursday.

The Dow stock winners Thursday were led by 3M (MMM) 179.37 (+1.54%), Coca Cola (KO) 50.77 (+1.28%) and McDonald’s (MCD) 215.43 (+0.93%).

The Dow stock losers Thursday were led by Walmart (WMT) 137.66 (-6.48%), Boeing (BA) 208.48 (-3.27%) and Disney (DIS) 183.00 (-1.85%).

As the House aims to pass its version of President Joe Biden’s $1.9 trillion coronavirus relief blueprint by the end of next week, Yellen said that a large stimulus package is necessary to get the economy back to full strength. “The price of doing too little is much higher than the price of doing something big,” she said.” We think that the benefits will far outweigh the costs in the longer run.” Democrats hope to get their bill through Congress before March 14, when key federal jobless benefit programs expire.

President Biden is expected to announce Friday that the U.S. will spend $4 billion on international Covid vaccination efforts. He will make the pledge during his first virtual meeting as president with G-7 leaders. Biden will also urge other nations to put more money toward the global fight against the pandemic.

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

The national average price of gasoline is up 2.9 cents at $2.604 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 1/7/2021 before the market open of $1.22, beating estimates calling for $1.02 per share.

JPMorgan (JPM) reported earnings on 1/15/2021 before the market open of $3.79, beating estimates of $2.72 per share.

Goldman Sachs (GS) reports earnings on 1/19/2021 before the market open.

Procter & Gamble (PG) reported earnings on 1/20/2021 before the market open $1.64, beating estimates of $1.51 per share.

UnitedHealth (UNH) reported earnings on 1/20/2021 before the market open of $2.52, beating estimates of $2.394 per share

Travelers (TRV) reported earnings on 1/21/2021 before the market open of $4.91, beating estimates of $3.004 per share.

Intel (INTC) reported earnings on 1/21/2021 after the market close of $1.52, beating estimates of $1.10 per share.

IBM (IBM) reported earnings on 1/21/2021 after the market close of $2.07, beating estimates of $1.778 per share.

3M (MMM) reported earnings on 1/26/2021 before the market open of $2.38, beating estimates of $2.187 per share.

American Express (AXP) reported earnings on 1/26/2021 before the market open of $1.76, beating estimates of $1.264 per share.

Johnson & Johnson (JNJ) reported earnings on 1/26/2021 before the market open of $1.86, beating estimates of $1.806 per share.

Verizon (VZ) reported earnings on 1/26/2021 before the market open of $1.21, beating estimates of $1.163 per share.

Microsoft (MSFT) reported earnings on 1/26/2021 after the market close of $2.03, beating estimates of $1.637 per share.

Boeing (BA) reported earnings on 1/27/2021 before the market open of -$15.25, missing estimates calling for -$1.779 per share.

Apple (AAPL) reported earnings on 1/27/2021 after the market close of $1.68, beating estimates of $1.406 per share.

Dow (DOW) reported earnings on 1/28/2021 before the market open $0.81, missing estimates of $0.685 per share.

McDonald’s (MCD) reported earnings on 1/28/2021 before the market open $1.70, missing estimates of $1.752 per share.

Visa (V) reported earnings on 1/28/2021 after the market close of $1.42, beating estimates of $1.271 per share.

Caterpillar (CAT) reported earnings on 1/29/2021 before the market open of $2.12, beating estimates of $1.456 per share.

Chevron (CVX) reported earnings on 1/29/2021 before the market open of -$0.01, missing estimates of $0.079 per share.

Honeywell (HON) reported earnings on 1/29/2021 before the market open of $2.07, beating estimates of $1.998 per share.

Pfizer (PFE) reported earnings on 2/2/2021 before the market open of $0.42, missing estimates of $0.455 per share.

Amgen (AMGN) reported earnings on 2/2/2021 after the market close of $3.81, beating estimates of $3.359 per share.

Merck (MRK) reported earnings on 2/4/2021 before the market open of $1.32, missing estimates of $1.364 per share.

Cisco (CSCO) reported earnings on 2/9/2021 after the market close of $0.79, beating estimates of $0.68 per share.

Coca Cola (KO) reported earnings on 2/10/2021 before the market open of $0.47, beating estimates of $0.414 per share.

Disney (DIS) reported earnings on 2/11/2021 after the market close of $0.32, beating estimates of -$0.448 per share.

Walmart (WMT) reported earnings on 2/18/2021 before the market open of $1.39, missing estimates calling for $1.505 per share.

Home Depot (HD) reports earnings on 2/23/2021 before the market open.

Salesforce (CRM) reports earnings on 2/25/2021 after the market close.

Today’s Featured Dow Stock

Home Depot (HD)

Home Depot (HD) 283.05 (+0.76%) is up +6.56% in 2021.

Financial Calendar

9:45 AM ET PMI Composite Flash

10:00 AM ET Existing Home Sales

10:00 AM ET E-Commerce Retail Sales

10:00 AM ET Quarterly Services Survey

1:00 PM ET Baker Hughes Rig Count

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