Dow stocks at 52 week highs include 3M (MMM), Microsoft (MSFT), JPMorgan (JPM), Travelers (TRV) and Procter & Gamble (PG). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +19 points.
Monday, the Dow closed up +39.81 (+0.23%) at 17,613.74.
Year-to-date the Dow is up +6.26%.
There were 21 Dow stock winners Monday.
Dow stock winners Monday included Nike (NKE) +1.26% and UnitedHealth (UNH) +1.22%.
Dow stock losers Monday included Intel (INTC) -0.95% and Merck (MRK) -0.89%.
Hope you are enjoying the Veterans Day Holiday.
We had a record high yesterday on the Dow and today looks to be a new record high at the open.
European stocks are higher and Asian markets ended mixed.
The national average price of gasoline is down one-tenth of a cent at $2.926 per gallon. We got down to $2.76 at Costco here in Gig Harbor but have since rose up to $2.82 per gallon.
Earnings Reports.
Cisco (CSCO) will report earnings on 11/12/14 after the market close.
Wal-Mart (WMT) will report earnings on 11/13/14 before the market open.
Home Depot (HD) will report earnings on 11/18/14 before the market open.
Notable earnings reports from Monday include:
Caesars Entertainment Corp (CZR) reported a third quarter loss of $6.29 on revenue of $2.21 billion, compared to last year’s loss of $6.03 on revenue of $2.18 billion.
Dean Foods Co (DF) reported a third quarter loss of $0.03 on revenue of $2.37 billion, compared to last year’s EPS of $0.12 on revenue of $2.20 billion.
Transocean LTD (RIG) reported third quarter EPS of $0.96 on revenue of $2.27 billion, compared to last year’s EPS of $1.37 on revenue of $2.56 billion.
WhiteWave Foods Co (WWAV) reported third quarter EPS of $0.27 on revenue of $857.50 million, compared to last year’s loss of $0.19 on revenue of $638.52 million.
Stocks reporting earnings today include:
AECOM Technology Corp (ACM) is expected to report fourth quarter EPS of $0.82 on revenue of $2.25 billion, compared to last year’s EPS of $0.77 on revenue of $2.08 billion.
CST Brands Inc (CST) is expected to report third quarter EPS of $0.57 on revenue of $3.27 billion, compared to last year’s EPS of $0.57 on revenue of $3.32 billion.
D.R. Horton, Inc. (DHI) is expected to report fourth quarter EPS of $0.48 on revenue of $2.38 billion, compared to last year’s EPS of $0.40 on revenue of $1.80 billion.
Fossil Group Inc (FOSL) is expected to report third quarter EPS of $1.82 on revenue of $879.05 million, compared to last year’s EPS of $1.58 on revenue of $810.40 million.
Today’s Featured Dow Stock
International Business Machines Co. (IBM)
International Business Machines Co. (IBM) is down -12.84% year-to-date.
Financial Calendar
n/a Veterans Day Holiday, government offices closed but stock and commodity exchanges open.