DJIA Market Happenings For Tuesday, November 23, 2021 – Amgen (AMGN) -11.83% YTD


There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include IBM (IBM) and Verizon (VZ).

The Market

Premarket today, the Dow was indicated to open up +38 points.

Monday the Dow closed up +17.27 (+0.05%) at 35,619.25.

Year-to-date the Dow is up +16.38%.

There were 20 Dow stocks up Monday.

The Dow stock winners Monday were led by Travelers (TRV) 156.87 (+2.85%), Cisco (CSCO) 54.60 (+2.54%) and Dow (DOW) 58.79 (+2.53%).

The Dow stock losers Monday were led by Visa (V) 195.58 (-2.63%), Boeing (BA) 209.90 (-1.98%) and Amgen (AMGN) 202.73 (-1.63%).

Monday the 10-year Treasury yield rose to about 1.63% following President Joe Biden’s re-nomination of Jerome Powell as Federal Reserve chairman.

The U.S. announced Tuesday that it will tap its Strategic Petroleum Reserve as part of a global effort from energy-consuming nations to calm this year’s rapid rise in fuel prices. The coordinated release by the U.S., India, China, Japan, South Korea and the U.K. is a first of its kind move. It’s designed to halt soaring energy prices after OPEC and its allies rebuffed repeated requests from the U.S. and other nations to pump more quickly to match rising demand.

The Biden administration has no plans to curb any future Covid surges using a nationwide lockdown, White House coronavirus response coordinator Jeff Zients said at a briefing Monday. The federal government would instead rely on vaccines and therapeutics to keep the country, he said. Covid cases in the U.S. plateaued between 70,000 and 75,000 per day for almost three weeks starting in late October. They’ve recently pushed higher again into the mid-90,000-per-day range.

U.S. futures are mostly lower, European stocks are mostly lower and Asian markets ended mostly higher.

The national average price of gasoline is down six-tenths of a cent at $3.403 per gallon.

Earnings Reports

JPMorgan (JPM) reported earnings on 10/13/2021 before the open with $3.74, beating estimates calling for $2.996 per share.

UnitedHealth (UNH) reported earnings on 10/14/2021 before the open with $4.52, beating estimates calling for $4.414 per share.

Walgreens (WBA) reported earnings on 10/14/2021 before the open with $1.17, beating estimates calling for $1.028 per share.

Goldman Sachs (GS) reported earnings on 10/15/2021 before the open with $14.93, crushing estimates calling for $10.18 per share.

Johnson & Johnson (JNJ) reported earnings on 10/19/2021 before the open with $2.60, beating estimates of $2.367 per share.

Procter & Gamble (PG) reported earnings on 10/19/2021 before the open with $1.61, beating estimates of $1.594 per share.

Travelers (TRV) reported earnings on 10/19/2021 before the open with $2.60, beating estimates of $2.002 per share.

Verizon (VZ) reported earnings on 10/20/2021 before the open with $1.55, beating estimates of $1.358 per share.

IBM (IBM) reported earnings on 10/20/2021 after the close with $2.52, beating estimates of $2.487 per share.

Dow (DOW) reported earnings on 10/21/2021 before the open with $2.75, beating estimates of $2.596 per share.

Intel (INTC) reported earnings on 10/21/2021 after the close with $1.71, beating estimates of $1.107 per share.

Honeywell (HON) reported earnings on 10/22/2021 before the open with $2.02, beating estimates of $2.008 per share.

American Express (AXP) reported earnings on 10/22/2021 before the open with $2.27, beating estimates of $1.78 per share.

3M (MMM) reported earnings on 10/26/2021 before the open with $2.45, beating estimates of $2.182 per share.

Microsoft (MSFT) reported earnings on 10/26/2021 after the close with $2.27, beating estimates of $2.058 per share.

Visa (V) reported earnings on 10/26/2021 after the close with $1.62, beating estimates of $1.528 per share.

Coca Cola (KO) reported earnings on 10/27/2021 before the open with $0.65, beating estimates of $0.576 per share.

McDonald’s (MCD) reported earnings on 10/27/2021 before the open with $2.76, beating estimates of $2.456 per share.

Boeing (BA) reported earnings on 10/27/2021 before the open with -$0.60, missing estimates of -$0.168 per share.

Caterpillar (CAT) reported earnings on 10/28/2021 before the open with $2.66, beating estimates of $2.257 per share.

Merck (MRK) reported earnings on 10/28/2021 before the open with $1.75, beating estimates of $1.542 per share.

Apple (AAPL) reported earnings on 10/28/2021 after the close with $1.24, almost meeting estimates of $1.244 per share.

Chevron (CVX) reported earnings on 10/29/2021 before the open with $2.96, beating estimates of $2.214 per share.

Amgen (AMGN) reported earnings on 11/2/2021 after the close with $4.67, beating estimates of $4.22 per share.

Disney (DIS) reported earnings on 11/10/2021 after the close with $0.37, missing estimates of $0.503 per share.

Home Depot (HD) reported earnings on 11/16/2021 before the open with $3.92, beating estimates of $3.406 per share.

Walmart (WMT) reported earnings on 11/16/2021 before the open with $1.45, beating estimates of $1.393 per share.

Cisco (CSCO) reported earnings on 11/17/2021 after the close with $0.82, beating estimates of $0.718 per share.

Salesforce (CRM) reports earnings on 11/30/2021 after the close.

Today’s Featured Dow Stock

Amgen (AMGN)

Amgen (AMGN) 202.73 (-1.63%) is down -11.83% in 2021.

Financial Calendar

08:55 AM ET Redbook (YoY)

08:55 AM ET Redbook (MoM)

09:45 AM ET Manufacturing PMI

09:45 AM ET Markit Composite PMI

09:45 AM ET Services PMI

10:00 AM ET Richmond Manufacturing Index

10:00 AM ET Richmond Manufacturing Shipments

10:00 AM ET Richmond Services Index

13:00 PM ET 7-Year Note Auction

16:30 PM ET API Weekly Crude Oil Stock

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.