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 up +136 points.

Friday the Dow was down -296.24 (-1.19%) at 24,688.31.

Year-to-date the Dow is down -0.13%.

There were 4 Dow stocks up Friday.

The Dow stock winners Friday were led by Intel (INTC) +3.11%, Walgreens (WBA) +0.65% and Merck (MRK) +0.63%.

The Dow stock losers Friday were led by Home Depot (HD) -3.82%, Cisco (CSCO) -2.68% and UnitedHealth (UNH) -2.29%.

Apple (AAPL -1.59%) was rated a new ‘Buy’ at Jeffries with a price target of $265.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down four-tenths of a cent at $2.818 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/25/2018 after the market close of $0.67, just beating estimates calling for $0.657 per share.

Walgreens (WBA) reported earnings on 10/11/18 before the market open of $1.48, barely beating estimates of $1.471 per share.

JPMorgan (JPM) reported earnings on 10/12/18 before the market open of $2.36, beating estimates calling for $2.26 per share.

Goldman Sachs (GS) reported earnings on 10/16/18 before the market open of $6.28, beating estimates of $5.695 per share.

IBM (IBM) reported earnings on 10/16/18 after the market close of $3.42, missing estimates of $3.434 per share.

Johnson & Johnson (JNJ) reported earnings on 10/16/18 before the market open of $2.05, missing estimates calling for $2.061 per share.

UnitedHealth (UNH) reported earnings on 10/16/18 before the market open of $3.41, beating estimates of $3.356 per share.

Procter & Gamble (PG) reported earnings on 10/19/2018 before the market open of $1.12,meeting expectations of $1.116 per share.

Travelers (TRV) reported earnings on 10/19/18 before the market open of $2.54, beating estimates calling for $2.19 per share.

American Express (AXP) reported earnings on 10/18/18 after the market close of $1.88,beating estimates of $1.808 per share.

McDonald’s (MCD) reported earnings on 10/23/2018 before the market open of $2.10, beating estimates of $2.012 per share.

3M (MMM) reported earnings on 10/23/2018 before the market open of $2.58, missing estimates of $2.726 per share.

United Technologies (UTX) reported earnings on 10/23/2018 before the market open of $1.93, beating estimates calling for $1.861 per share.

Verizon (VZ) reports earnings on 10/23/2018 before the market open of $1.22, beating estimates of $1.211 per share.

Boeing (BA) reported earnings on 10/24/2018 before the market open of $3.58, beating estimates calling for $3.513 per share.

Microsoft (MSFT) reported earnings on 10/24/2018 after the market close of $1.14, beating estimates of $1.007 per share.

Visa (V) reported earnings on 10/24/2018 after the market close of $1.21, missing estimates calling for $1.244 per share.

Merck (MRK) reported earnings on 10/25/2018 before the market open of $1.19, beating estimates calling for $1.167 per share.

Intel (INTC) reported earnings on 10/25/2018 after the market close of $1.40, beating estimates of $1.19 per share.

Coca Cola (KO) reports earnings on 10/30/2018 before the market open.

Pfizer (PFE) reports earnings on 10/30/2018 before the market open.

Chevron (CVX) reports earnings on 11/2/2018 after the market close.

Exxon Mobil (XOM) reports earnings on 11/2/2018 after the market close.

Disney (DIS) reports earnings on 11/8/2018 after the market close.

Home Depot (HD) reports earnings on 11/13/2018 before the market open.

Cisco (CSCO) reports earnings on 11/14/2018 after the market close.

Walmart (WMT) reports earnings on 11/15/2018 before the market open.

Today’s Featured Dow Stock

Caterpillar (CAT)

Caterpillar (CAT) is down -26.99% year-to-date.

Financial Calendar

12:30 Core PCE Price Index (MoM) (Sep), 0.1%, 0.0%

12:30 Core PCE Price Index (YoY) (Sep), 2.0%, 2.0%

12:30 PCE Deflator (YoY), 2.2%

12:30 PCE Deflator (MoM), 0.1%, 0.1%

12:30 Personal Income (MoM) (Sep), 0.4%, 0.3%

12:30 Personal Spending (MoM) (Sep), 0.4%, 0.3%

12:30 Real Personal Consumption (MoM) (Sep), 0.2%

13:45 Chicago Fed President Evans Speaks

14:30 Dallas Fed Mfg Business Index (Oct), 28.1

15:30 3-Month Bill Auction, 2.300%

15:30 6-Month Bill Auction, 2.425%

Tentative Dallas Fed PCE (Sep), 1.50%

18:00 Loan Officer Survey