Market Happenings For Monday, November 11, 2013

There are no Dow stocks at new 52 week highs. There are no Dow stock 52 week lows.

The Market

Friday the Dow closed up +167.80 (+1.08%) at 15,761.78.

Premarket, the Dow was indicated to open up +6 points.

Year-to-date the Dow is up +20.28%.

It’s Veterans Day and not much happening.

European markets are higher and Asian markets ended mixed.

The national average price of gasoline is down 2.5 cents over the weekend to $3.211 per gallon.

Earnings Reports.

Cisco Systems Inc. (CSCO) reports earnings on 11/13/13 after the market close.

Wal-Mart Stores Inc. (WMT) reports earnings on 11/14/13 before the market open.

Home Depot (HD) will report earnings on 11/19/13 before the market open.

Earnings reports from Friday include:

Cablevision Systems Corporation (CVC) reported third quarter EPS of $0.22 on revenue of $1.57 billion, compared to last year’s loss of $0.01 on revenue of $1.69 billion.

Eldorado Gold Corporation (EGO) reported third quarter EPS of $0.05, compared to last year’s EPS of $0.11 on revenue of $281.84 million.

Other stocks expected to report earnings today include:

Sotheby’s (BID) is expected to report a third quarter loss of $0.47 on revenue of $70.26 million, compared to last year’s loss of $0.48 on revenue of $68.46 million.

Today’s Featured Dow Stock

Nike Inc. (NKE)

Nike Inc. (NKE) is up +49.46% year-to-date.

Financial Calendar

n/a U.S. government offices closed for Veterans Day. Markets open regular hours.

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