The Dow Market Happenings For Friday, November 17, 2017

Dow stocks at 52 week highs include Cisco (CSCO) and Wal-Mart (E. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -37 points.

Thursday the Dow was up +187.08 (+0.80%) at 23,458.36.

Year-to-date the Dow is up +18.70%.

There were 22 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Wal-Mart (WMT) +10.90% and Cisco (CSCO) +5.19%.

The Dow stock losers Thursday were led by Travelers (TRV) -2.17% and Exxon Mobil (XOM) -0.80%.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is down six-tenths of a cent at $2.556 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/26/17 after the market close of $0.57, beating estimates calling for $0.515 per share.

JPMorgan (JPM) reported earnings on 10/12/2017 before the market open of $1.76, beating estimates calling for $1.709 per share.

Goldman Sachs (GS) reported earnings on 10/17/2017 before the market open of $5.02, beating estimates calling for $4.343 per share.

Johnson & Johnson (JNJ) reported earnings on 10/17/2017 before the market open of $1.90, beating estimates of $1.823 per share.

UnitedHealth (UNH) reported earnings on 10/17/2017 before the market open of $2.66, beating estimates calling for $2.607 per share.

IBM (IBM) reported earnings on 10/17/2017 after the market close of $3.30, missing estimates calling for $3.325 per share.

American Express (AXP) reported earnings on 10/18/2017 after the market close of $1.50, beating estimates of $1.487 per share.

Travelers (TRV) reported earnings on 10/19/2017 before the market open of $0.91, beating estimates calling for $0.724 per share.

Verizon (VZ) report earnings on 10/19/2017 before the market open of $0.98, matching estimates of $0.984 per share.

General Electric (GE) reported earnings on 10/20/2017 before the market open of $0.29, missing estimates calling for $0.49 per share.

Procter & Gamble (PG) reported earnings on 10/20/2017 before the market open of $1.09, meeting estimates of $1.093 per share.

3M (MMM) reported earnings on 10/24/2017 before the market open of $2.33, beating estimates of $2.253 per share.

Caterpillar (CAT) reported earnings on 10/24/2017 before the market open of $1.95, beating estimates of $1.301 per share.

McDonald’s (MCD) reported earnings on 10/24/2017 before the market open of $2.32, beating estimates of $1.792 per share.

United Technologies (UTX) reported earnings on 10/24/2017 before the market open of $1.73, beating estimates of $1.719 per share.

Boeing (BA) reported earnings on 10/25/2017 before the market open of $2.72, beating estimates of $2.709 per share.

Coca Cola (KO) reported earnings on 10/25/2017 before the market open of $0.50, meeting estimates of $0.495 per share.

Visa (V) reported earnings on 10/25/2017 before the market open of $0.90, beating estimates of $0.884 per share.

Intel (INTC) reported earnings on 10/26/2017 after the market close of $1.01, beating estimates of $0.815 per share.

Microsoft (MSFT) reported earnings on 10/26/2017 after the market close of $0.84, beating estimates calling for $0.781 per share.

Chevron (CVX) reported earnings on 10/27/2017 before the market open of $1.03, meeting expectations of $1.026 per share.

Merck (MRK) reported earnings on 10/27/2017 before the market open of $1.11, beating estimates calling for $1.04 per share.

Exxon Mobil (XOM) reported earnings on 10/27/2017 before the market open of $0.93, beating estimates of $0.885 per share.

Pfizer (PFE) reported earnings on 10/31/2017 before the market open of $0.67, barely beating estimates calling for $0.662 per share..

Apple (AAPL) reported earnings on 11/2/2017 after the market close of $2.07, beating estimates of $1.899 per share.

Disney (DIS) reported earnings on 11/9/2017 after the market close of $1.07, missing estimates calling for $1.16 per share.

Home Depot (HD) reported earnings on 11/14/2017 before the market open of $1.84, meeting expectations of $1.835 per share.

Cisco (CSCO) reported earnings on 11/15/2017 after the market close of $0.61, meeting estimates calling for $0.611 per share.

Wal-Mart (WMT) reported earnings on 11/16/2017 before the market open of $1.00, beating estimates of $0.988 per share.

Today’s Featured Dow Stock

Exxon Mobil (XOM)

Exxon Mobil (XOM) is down -11.43% year-to-date.

Financial Calendar

0830 ET Oct housing starts expected +5.6% to 1.190 million, Sep -4.7% to 1.127 million. Oct building permits expected +2.0% to 1.250 million, Sep -3.7% to 1.225 million.

1100 ET Nov Kansas City Fed manufacturing activity expected -2 to 21, Oct +6 to 23.

1500 ET USDA Oct Cattle on Feed.

DJIA Market Happenings For Thursday, November 16, 2017

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Merck (MRK).

The Market

Premarket today, the Dow was indicated to open up +74 points.

Wednesday the Dow was down -138.19 (-0.59%) at 23,271.28.

Year-to-date the Dow is up +17.75%.

There were 7 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by General Electric (GE) +2.01% and Nike (NKE) +1.16%. NOTE: General Electric (GE) was the top Dow Stock loser yesterday (-5.89%).

The Dow stock losers Wednesday were led by Caterpillar (CAT) -2.50% and Visa (V) -1.54%.

Cisco Systems (CSCO +0.21%) climbed over 4% in after-hours trading after it reported Q1 adjusted EPS of 61 cents, above consensus of 60 cents, and then said it sees Q2 adjusted EPS of 58 cents to 60 cents, the mid-point above consensus of 58 cents.

Procter & Gamble (PG -0.72%) rose 3% in after-hours trading after a recount showed billionaire investor Nelson Peltz had secured enough votes for a seat on Procter & Gamble’s board.

Wal-Mart Stores (WMT -1.38%) rose nearly 3% in premarket trading after it reported Q3 adjusted EPS of $1.00, better than consensus of 98 cents, and then raised guidance on full-year EPS to $4.38-$4.46 from an Oct 10 view of $4.30-$4.40, the mid-point above consensus of $4.38.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is down two-tenths of a cent at $2.562 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/26/17 after the market close of $0.57, beating estimates calling for $0.515 per share.

JPMorgan (JPM) reported earnings on 10/12/2017 before the market open of $1.76, beating estimates calling for $1.709 per share.

Goldman Sachs (GS) reported earnings on 10/17/2017 before the market open of $5.02, beating estimates calling for $4.343 per share.

Johnson & Johnson (JNJ) reported earnings on 10/17/2017 before the market open of $1.90, beating estimates of $1.823 per share.

UnitedHealth (UNH) reported earnings on 10/17/2017 before the market open of $2.66, beating estimates calling for $2.607 per share.

IBM (IBM) reported earnings on 10/17/2017 after the market close of $3.30, missing estimates calling for $3.325 per share.

American Express (AXP) reported earnings on 10/18/2017 after the market close of $1.50, beating estimates of $1.487 per share.

Travelers (TRV) reported earnings on 10/19/2017 before the market open of $0.91, beating estimates calling for $0.724 per share.

Verizon (VZ) report earnings on 10/19/2017 before the market open of $0.98, matching estimates of $0.984 per share.

General Electric (GE) reported earnings on 10/20/2017 before the market open of $0.29, missing estimates calling for $0.49 per share.

Procter & Gamble (PG) reported earnings on 10/20/2017 before the market open of $1.09, meeting estimates of $1.093 per share.

3M (MMM) reported earnings on 10/24/2017 before the market open of $2.33, beating estimates of $2.253 per share.

Caterpillar (CAT) reported earnings on 10/24/2017 before the market open of $1.95, beating estimates of $1.301 per share.

McDonald’s (MCD) reported earnings on 10/24/2017 before the market open of $2.32, beating estimates of $1.792 per share.

United Technologies (UTX) reported earnings on 10/24/2017 before the market open of $1.73, beating estimates of $1.719 per share.

Boeing (BA) reported earnings on 10/25/2017 before the market open of $2.72, beating estimates of $2.709 per share.

Coca Cola (KO) reported earnings on 10/25/2017 before the market open of $0.50, meeting estimates of $0.495 per share.

Visa (V) reported earnings on 10/25/2017 before the market open of $0.90, beating estimates of $0.884 per share.

Intel (INTC) reported earnings on 10/26/2017 after the market close of $1.01, beating estimates of $0.815 per share.

Microsoft (MSFT) reported earnings on 10/26/2017 after the market close of $0.84, beating estimates calling for $0.781 per share.

Chevron (CVX) reported earnings on 10/27/2017 before the market open of $1.03, meeting expectations of $1.026 per share.

Merck (MRK) reported earnings on 10/27/2017 before the market open of $1.11, beating estimates calling for $1.04 per share.

Exxon Mobil (XOM) reported earnings on 10/27/2017 before the market open of $0.93, beating estimates of $0.885 per share.

Pfizer (PFE) reported earnings on 10/31/2017 before the market open of $0.67, barely beating estimates calling for $0.662 per share..

Apple (AAPL) reported earnings on 11/2/2017 after the market close of $2.07, beating estimates of $1.899 per share.

Disney (DIS) reported earnings on 11/9/2017 after the market close of $1.07, missing estimates calling for $1.16 per share.

Home Depot (HD) reported earnings on 11/14/2017 before the market open of $1.84, meeting expectations of $1.835 per share.

Cisco (CSCO) reported earnings on 11/15/2017 after the market close of $0.61, meeting estimates calling for $0.611 per share.

Wal-Mart (WMT) reported earnings on 11/16/2017 before the market open of $1.00, beating estimates of $0.988 per share.

Today’s Featured Dow Stock

Caterpillar (CAT)

Caterpillar (CAT) is up +43.94% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -4,000 to 235,000, previous +10,000 to 239,000. Weekly continuing claims expected -1,000 to 1.900 million, previous +17,000 to 1.901 million.

0830 ET Nov Philadelphia Fed business outlook survey expected -3.3 to 24.6, Oct +4.1 to 27.9.

0830 ET Oct import price index expected +0.4% m/m and +2.5% y/y, Sep +0.7% m/m and +2.7% y/y. Oct import price index ex-petroleum expected +0.2%, Sep +0.3%.

0830 ET Oct export price index expected +0.4% m/m, Sep +0.8% m/m and +2.9% y/y.

The Dow Market Happenings For Wednesday, November 15, 2017

Dow stocks at 52 week highs include Coca Cola (KO) and Home Depot (HD). Dow stock 52 week lows include General Electric (GE).

The Market

Premarket today, the Dow was indicated to open down -111 points.

Tuesday the Dow was down -30.23 (-0.13%) at 23,409.47..

Year-to-date the Dow is up +18.45%.

There were 12 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Home Depot (HD) +1.64% and Coca Cola (KO) +1.52%.

The Dow stock losers Tuesday were led by General Electric (GE) -5.89% and Apple (AAPL) -1.51%.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is up three-tenths of a cent at $2.564 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/26/17 after the market close of $0.57, beating estimates calling for $0.515 per share.

JPMorgan (JPM) reported earnings on 10/12/2017 before the market open of $1.76, beating estimates calling for $1.709 per share.

Goldman Sachs (GS) reported earnings on 10/17/2017 before the market open of $5.02, beating estimates calling for $4.343 per share.

Johnson & Johnson (JNJ) reported earnings on 10/17/2017 before the market open of $1.90, beating estimates of $1.823 per share.

UnitedHealth (UNH) reported earnings on 10/17/2017 before the market open of $2.66, beating estimates calling for $2.607 per share.

IBM (IBM) reported earnings on 10/17/2017 after the market close of $3.30, missing estimates calling for $3.325 per share.

American Express (AXP) reported earnings on 10/18/2017 after the market close of $1.50, beating estimates of $1.487 per share.

Travelers (TRV) reported earnings on 10/19/2017 before the market open of $0.91, beating estimates calling for $0.724 per share.

Verizon (VZ) report earnings on 10/19/2017 before the market open of $0.98, matching estimates of $0.984 per share.

General Electric (GE) reported earnings on 10/20/2017 before the market open of $0.29, missing estimates calling for $0.49 per share.

Procter & Gamble (PG) reported earnings on 10/20/2017 before the market open of $1.09, meeting estimates of $1.093 per share.

3M (MMM) reported earnings on 10/24/2017 before the market open of $2.33, beating estimates of $2.253 per share.

Caterpillar (CAT) reported earnings on 10/24/2017 before the market open of $1.95, beating estimates of $1.301 per share.

McDonald’s (MCD) reported earnings on 10/24/2017 before the market open of $2.32, beating estimates of $1.792 per share.

United Technologies (UTX) reported earnings on 10/24/2017 before the market open of $1.73, beating estimates of $1.719 per share.

Boeing (BA) reported earnings on 10/25/2017 before the market open of $2.72, beating estimates of $2.709 per share.

Coca Cola (KO) reported earnings on 10/25/2017 before the market open of $0.50, meeting estimates of $0.495 per share.

Visa (V) reported earnings on 10/25/2017 before the market open of $0.90, beating estimates of $0.884 per share.

Intel (INTC) reported earnings on 10/26/2017 after the market close of $1.01, beating estimates of $0.815 per share.

Microsoft (MSFT) reported earnings on 10/26/2017 after the market close of $0.84, beating estimates calling for $0.781 per share.

Chevron (CVX) reported earnings on 10/27/2017 before the market open of $1.03, meeting expectations of $1.026 per share.

Merck (MRK) reported earnings on 10/27/2017 before the market open of $1.11, beating estimates calling for $1.04 per share.

Exxon Mobil (XOM) reported earnings on 10/27/2017 before the market open of $0.93, beating estimates of $0.885 per share.

Pfizer (PFE) reported earnings on 10/31/2017 before the market open of $0.67, barely beating estimates calling for $0.662 per share..

Apple (AAPL) reported earnings on 11/2/2017 after the market close of $2.07, beating estimates of $1.899 per share.

Disney (DIS) reported earnings on 11/9/2017 after the market close of $1.07, missing estimates calling for $1.16 per share.

Home Depot (HD) reported earnings on 11/14/2017 before the market open of $1.84, meeting expectations of $1.835 per share.

Cisco (CSCO) reports earnings on 11/15/2017 after the market close.

Wal-Mart (WMT) reports earnings on 11/16/2017 before the market open.

Today’s Featured Dow Stock

Boeing (BA)

Boeing (BA) is up +66.65% year-to-date.

Financial Calendar

0300 ET Chicago Fed President Charles Evans (voter) takes part in a panel discussion at a UBS European Conference in London.

0700 ET Weekly MBA mortgage applications, previous -0.03% with purchase sub-index +0.5% and refi sub-index -0.5%.

0830 ET Oct CPI expected +0.1% m/m and +2.0% y/y, Sep +0.5% m/m and +2.2% y/y. Oct CPI ex food & energy expected +0.2% m/m and +1.7% y/y, Sep +0.1% m/m and +1.7% y/y.

0830 ET Nov Empire manufacturing survey general business conditions expected -4.7 to 25.5, Oct +5.8 to 30.2.

0830 ET Oct retail sales expected unchanged and +0.2% ex autos, Sep +1.6% and +1.0% ex autos.

1000 ET Sep business inventories expected unch, Aug +0.7%.

1030 ET EIA weekly Petroleum Status Report.