DJIA Market Happenings For Tuesday, February 23, 2021

Dow stocks hitting 52 week highs include American Express (AXP), Caterpillar (CAT), Disney (DIS), Dow (DOW), Goldman Sachs (GS) and JPMorgan (JPM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -53 points.

Monday the Dow was up +27.37 (+0.09%) at 31,521.69.

Year-to-date the Dow is up +2.99%.

There were 14 Dow stocks up Monday.

The Dow stock winners Monday were led by Disney (DIS) 191.76 (+4.42%), Caterpillar (CAT) 218.06 (+3.88%) and Dow (DOW) 62.48 (+3.46%).

The Dow stock losers Monday were led by Nike (NKE) 136.67 (-3.77%), Intel (INTC) 60.71 (-3.65%) and Apple (AAPL) 126.00 (-2.98%).

Tech stocks continue to slide in Tuesday’s premarket, with Apple (AAPL) down 2% after closing lower by nearly 3% Monday.

Home Depot (HD) fourth-quarter earnings and revenue surged past expectations as consumers poured more money into home improvement due to the pandemic and strength of the real estate market. However, shares dropped on comments from Home Depot’s CFO, questioning how long the pandemic would last and how that may influence consumer spending.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is up one cent at $2.645 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) reported earnings on 2/23/2021 before the market open of $2.64, beating estimates of $2.629 per share.

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

Today’s Featured Dow Stock

IBM (IBM)

IBM (IBM) 120.86 (+1.57%) is down -3.99% in 2021.

Financial Calendar

8:55 AM ET Redbook

9:00 AM ET Case-Shiller Home Price Index

9:00 AM ET FHFA House Price Index

10:00 AM ET Consumer Confidence

10:00 AM ET Jerome Powell Speaks

10:00 AM ET Richmond Fed Manufacturing Index

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

11:30 AM ET 52-Week Bill Auction

1:00 PM ET 2-Yr Note Auction

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