The Dow Market Happenings For Tuesday, September 19, 2017

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 +47 points.

Monday the Dow was up +63.01 (+0.28%) at 22,331.35.

Year-to-date the Dow is up +13.00%.

There were 15 Dow stocks up Monday.

The Dow stock winners Monday were led by General Electric (GE) +2.21% and Caterpillar (CAT) +2.03%.

The Dow stock losers Monday were led by Apple (AAPL) -0.76% and Nike (NKE) -0.69%.

The Fed meeting starts today.

Nike (NKE -0.69%) was downgraded to ‘Neutral’ from ‘Positive’ at Susquehanna.

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

The national average price of gasoline is down eight-tenths of a cent at $2.615 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 9/26/17 after the market close.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) is up +10.05% year-to-date.

Financial Calendar

0830 ET Aug housing starts expected +1.7% to 1.175 million, Jul -4.8% to 1.155 million. Aug building permits expected -0.8% to 1.220 million, Jul -3.5% to 1.230 million.

0830 ET Aug import price index expected +0.4% m/m and +2.2%, July +0.1% m/m and +1.5% y/y. Aug import price index ex-petroleum expected +0.2%, July unchanged. Aug export price index expected +0.2% m/m, Jul +0.4% m/m and +0.8% y/y.

0830 ET Q2 current account balance expected -$112.4 billion, Q1 -$116.8 billion.

1030 ET EIA Weekly Petroleum Status Report.

1030 ET FOMC begins 2-day policy meeting.

DJIA Market Happenings For Monday, September 18, 2017

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 +47 points.

Friday the Dow was up +64.86 (+0.29%) at 22,268.34.

Year-to-date the Dow is up +12.68%.

There were 22 Dow stocks up Friday.

The Dow stock winners Friday were led by General Electric (GE) +2.40% and Chevron (CVX) +1.06%.

The Dow stock losers Friday were led by United Technologies (UTX) -1.50% and Microsoft (MSFT) -1.11%.

Caterpillar (CAT +0.74%) was upgraded to ‘Buy’ from ‘Neutral’ at UBS with a price target of $140.

Got a Fed meeting this week.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down four-tenths of a cent at $2.623 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 9/26/17 after the market close.

Today’s Featured Dow Stock

Pfizer (PFE)

Pfizer (PFE) is up +4.56% year-to-date.

Financial Calendar

1000 ET Sep NAHB housing market index expected -1 to 67, Aug +4 to 68.

1100 ET USDA weekly grain export inspections.

1600 ET USDA crop conditions and progress report.

The Dow Market Happenings For Friday, September 15, 2017

Dow stocks at 52 week highs include Pfizer (PFE), Microsoft (MSFT) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -19 points.

Thursday the Dow was up +45.30 (+0.20%) at 22,203.48.

Year-to-date the Dow is up +12.35%.

There were 15 Dow stocks up Thursday.

The Dow stock winners Thursday were led by United Technologies (UTX) +2.59% and Pfizer (PFE) +1.91%.

The Dow stock losers Thursday were led by Travelers (TRV) -1.28% and Disney (DIS) -0.93%.

Overall August Retail sales fell 0.2% (est. 0.1% gain) after a 0.3% increase (prev. 0.6% gain) and June sales dropped 0.1% (prev. 0.3% rise). Purchases at auto dealers dropped 1.6% after no change. Retail-control group sales, which are used to calculate GDP and exclude the categories of food services, auto dealers, building materials stores and gasoline stations, decreased 0.2% following a 0.6% advance. 5 of 13 major retail categories showed a decline in August sales.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is down seven-tenths of a cent at $2.642 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 9/26/17 after the market close.

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) is up +4.98% year-to-date.

Financial Calendar

0830 ET Sep Empire manufacturing survey general business conditions expected -7.2 to 18.0, Aug +15.4 to 25.2.

0830 ET Aug retail sales expected +0.1% and +0.5% ex autos, Jul +0.6% and +0.5% ex autos.

0915 ET Aug industrial production expected +0.1%, Jul +0.2%. Aug manufacturing production expected +0.3%, Jul -0.1%. Aug capacity utilization expected unch at 76.7%, Jul +0.1 to 76.7%.

1000 ET Preliminary-Sep University of Michigan U.S. consumer sentiment index expected -1.8 to 95.0, Aug +3.4 to 96.8.

1000 ET Jul business inventories expected +0.2%, Jun +0.5%.