DJIA Market Happenings For Monday, June 18, 2018

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 down -210 points.

Friday the Dow was down -84.83 (-0.34%) at 25,090.48.

Year-to-date the Dow is up +1.85%.

There were 14 Dow stocks up Friday.

The Dow stock winners Friday were led by Procter & Gamble (PG) +1.83% and Nike (NKE) +1.53%.

The Dow stock losers Friday were led by Caterpillar (CAT) -2.04% and Chevron (CVX) -1.95%.

Chevron (CVX -1.95%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Raymond James with a price target of $140.

Disney (DIS +0.09%) was downgraded to ‘Sell’ from ‘Hold’ at Pivotal Research Group LLC with a price target of $93.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down three-tenths of a cent at $2.895 per gallon.

Earnings Reports.

Nike (NKE) will report earnings on 6/28/2018 after the market close.

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) is down -0.92% year-to-date.

Financial Calendar

12:45 FOMC Member Dudley Speaks

13:00 FOMC Member Duke Speaks

14:00 NAHB Housing Market Index (Jun), 70, 70

15:30 3-Month Bill Auction, 1.910%

15:30 6-Month Bill Auction, 2.075%

17:00 FOMC Member Bostic Speaks

19:45 FOMC Member Williams Speaks

The Dow Market Happenings For Friday, June 15, 2018

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 down -188 points.

Thursday the Dow was down -25.89 (-0.10%) at 25,175.31.

Year-to-date the Dow is up +1.85%.

There were 11 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Disney (DIS) +2.30% and Cisco (CSCO) +1.55%.

The Dow stock losers Thursday were led by General Electric (GE) -1.80% and JPMorgan (JPM) -1.76%.

President Trump reportedly has approved the final list of $50 billion worth of Chinese products that will be subject to a 25% tariff. The list of those products is due to be released today with implementation shortly thereafter. In addition, the Trump administration is close to completing the list of the additional $100 billion worth of Chinese products that will be subject to a 25% tariff if China retaliates for the tariff on the first $50 billion of Chinese products. The U.S. tariff on the additional $100 billion of Chinese products will need to go through the same 60-day comment period as the first set, providing some more time for negotiations.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down one-tenth of a cent at $2.904 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Caterpillar (CAT)

Caterpillar (CAT) is down -2.82% year-to-date.

Financial Calendar

12:30 NY Empire State Manufacturing Index (Jun), 19.10, 20.10

13:15 Capacity Utilization Rate (May), 78.1%, 78.0%

13:15 Industrial Production (MoM) (May), 0.2%, 0.7%

13:15 Manufacturing Production (MoM) (May), 0.1%, 0.5%

14:00 Michigan 5-Year Inflation Expectations (Jun), 2.50%

14:00 Michigan Consumer Expectations (Jun), 89.7, 89.1

14:00 Michigan Consumer Sentiment (Jun), 98.5, 98.0

14:00 Michigan Current Conditions (Jun), 113.0, 111.8

14:00 Michigan Inflation Expectations (Jun), 2.8%

14:30 ECRI Weekly Annualized (WoW), 2.6%

14:30 ECRI Weekly Index, 148.7

17:00 U.S. Baker Hughes Oil Rig Count, 862

19:30 CFTC Copper speculative net positions, 47.7K

19:30 CFTC Crude Oil speculative net positions, 583.6K

19:30 CFTC Gold speculative net positions, 111.4K

19:30 CFTC S&P 500 speculative net positions, 162.1K

19:30 CFTC Silver speculative net positions, 19.4K

20:00 US Foreign Buying, T-bonds (Apr), -4.90B

20:00 Overall Net Capital Flow (Apr), -38.50B

20:00 TIC Net Long-Term Transactions (Apr), 58.5B, 61.8B

20:00 TIC Net Long-Term Transactions including Swaps (Apr), 48.40B

DJIA Market Happenings For Thursday, June 14, 2018

Dow stocks at 52 week highs include UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +93 points.

Wednesday the Dow was down -119.53 (-0.47%) at 25,201.20.

Year-to-date the Dow is up +1.95%.

There were 7 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Disney (DIS) +1.90% and Goldman Sachs (GS) +0.52%.

The Dow stock losers Wednesday were led by Verizon (VZ) -2.89% and Boeing (BA) -1.83%.

Unemployment insurance weekly claims in the week ending June 9, the advance figure for seasonally adjusted initial claims was 218,000, a decrease of 4,000 from the previous week’s unrevised level of 222,000. The 4-week moving average was 224,250, a decrease of 1,250 from the previous week’s unrevised average of 225,500. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 2, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 2 was 1,697,000, a decrease of 49,000 from the previous week’s revised level. This is the lowest level for insured unemployment since December 1, 1973 when it was 1,692,000. The previous week’s level was revised up 5,000 from 1,741,000 to 1,746,000. The 4-week moving average was 1,726,250, a decrease of 3,750 from the previous week’s revised average. This is the lowest level for this average since December 8, 1973 when it was 1,715,500. The previous week’s average was revised up by 1,250 from 1,728,750 to 1,730,000.

European stocks are higher and Asian markets ended lower.

The national average price of gasoline is down four-tenths of a cent at $2.905 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Boeing (BA)

Boeing (BA) is up +23.38% year-to-date.

Financial Calendar

12:30 Continuing Jobless Claims, 1,737K, 1,741K

12:30 Core Retail Sales (MoM) (May), 0.5%, 0.3%

12:30 Export Price Index (YoY), 4.4%, 3.8%

12:30 Export Price Index (MoM) (May), 0.3%, 0.6%

12:30 Import Price Index (YoY), 3.0%, 3.3%

12:30 Import Price Index (MoM) (May), 0.5%, 0.3%

12:30 Import Price Index ex Petroleum (MoM), 0.1%

12:30 Initial Jobless Claims, 223K, 222K

12:30 Jobless Claims 4-Week Avg., 225.50K

12:30 Retail Control (MoM) (May), 0.4%, 0.5%

12:30 Retail Sales (MoM) (May), 0.4%, 0.2%

12:30 Retail Sales Ex Gas/Autos (MoM) (May), 0.5%, 0.3%

13:45 Bloomberg Consumer Confidence, 54.8

14:00 Business Inventories (MoM) (Apr), 0.3%, 0.0%

14:30 Natural Gas Storage, 90B, 92B