DJIA Market Close for Wednesday, July 18, 2012

The Dow added +103.16 (+0.81%) to 12,908.70.

Todays Dow advance was somehow, led by Intel (INTC), up 3.27%. The Dow had 23 winners, 6 losers and 1 unchanged (DIS).

Losers were led by none other than Bank of America (BAC). The other Dow financials, AXP and JPM were also losers today.

I am starting to think this rally may have legs. That said, we will probably get stomped tomorrow on some news in a faraway land.

Todays earnings reports:

AXP, $1.15 / $1.10 est , rev $1.34 billion, up +0.6% over year ago
BAC, $0.19 / $0.15 est
IBM, $3.51 / $3.43 est

I just want to say I’m sorry about no morning post, I was having malware problems. Actually, I’m still having malware problems with my HP system and had to switch over to my Mac.

Both comments and pings are currently closed.

Comments are closed.


Warning: Invalid argument supplied for foreach() in /home/customer/www/dow-jones-djia.com/public_html/wp-includes/script-loader.php on line 2740