DJIA Market Happenings For Friday, November 18, 2022 – Johnson & Johnson (JNJ) 174.86 Up +2.22% YTD

Dow stocks hitting 52-week highs include IBM (IBM) 146.09 (+1.09%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open up +195 points.

Thursday the Dow closed down -7.51 (-0.02%) at 33,546.32.

Year-to-date the Dow is down -7.68%.

Thursday, (17) Dow stocks were up, none made 52-week lows and (1) made 52-week highs.

The Dow stock winners Thursday were led by Cisco (CSCO) 46.59 (+4.96%), Merck (MRK) 102.31 (+2.38%) and Apple (AAPL) 150.72 (+1.30%).

The Dow stock losers Thursday were led by Salesforce (CRM) 149.69 (-3.50%), Disney (DIS) 91.45 (-2.66%) and American Express (AXP) 150.64 (-1.26%).

The 10 YR yield closed Thursday at 3.781 and the VIX at 23.93 (-0.75%). The 10 YR is currently at 3.782 and VIX is at 23.52 (-1.71%).

Stock futures rise Friday as investors continued evaluating earnings reports and tougher language from Federal Reserve speakers. However, the Dow is down for the week by -0.6%.

St. Louis Federal Reserve President James Bullard said Thursday that “the policy rate is not yet in a zone that may be considered sufficiently restrictive.” He suggested that the appropriate zone for the federal funds rate could be in the 5% to 7% range, which is higher than what the market is pricing.

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

The national average price of gasoline is down 1.8 cents at $3.707 per gallon.

Latest Dow 30 Earnings Reports

Nike (NKE) reported earnings on 9/29/2022 after the market close with $0.93, beating estimates of $0.913 per share.

Walgreens (WBA) reported earnings on 10/13/2022 before the market open with $0.80, beating estimates of $0.779 per share.

JPMorgan (JPM) reported earnings on 10/14/2022 before the market open with $3.12, beating estimates of $2.961 per share.

UnitedHealth (UNH) reported earnings on 10/14/2022 before the market open with $5.79, beating estimates of $5.451 per share.

Goldman Sachs (GS) reported earnings on 10/18/2022 before the market open with $8.25, beating estimates of $7.69 per share.

Johnson & Johnson (JNJ) reported earnings on 10/18/2022 before the market open with $2.55, beating estimates of $2.494 per share.

Procter & Gamble (PG) reported earnings on 10/19/2022 before the market open with $1.57, beating estimates of $1.548 per share.

Travelers (TRV) reported earnings on 10/19/2022 before the market open with $2.20, beating estimates of $1.77 per share.

IBM (IBM) reported earnings on 10/19/2022 after the market close with $1.81, beating estimates of $1.776 per share.

Dow (DOW) reported earnings on 10/20/2022 before the market open with $1.11, beating estimates of $1.026 per share.

American Express (AXP) reported earnings on 10/21/2022 before the market open with $2.47, beating estimates of $2.385 per share.

Verizon (VZ) reported earnings on 10/21/2022 before the market open with $1.32, beating estimates of $1.285 per share.

Coca Cola (KO) reported earnings on 10/25/2022 before the market open with $0.69, beating estimates of $0.636 per share.

3M (MMM) reported earnings on 10/25/2022 before the market open with $2.69, beating estimates of $2.612 per share.

Microsoft (MSFT) reported earnings on 10/25/2022 after the market close with $2.35, beating estimates of $2.29 per share.

Visa (V) reported earnings on 10/25/2022 after the market close with $1.93, beating estimates of $1.857 per share.

Boeing (BA) reported earnings on 10/26/2022 before the market open with -$6.18, missing estimates of -$0.006 per share.

Caterpillar (CAT) reported earnings on 10/27/2022 before the market open with $3.95, beating estimates of $3.186 per share.

Honeywell (HON) reported earnings on 10/27/2022 before the market open with $2.25, beating estimates of $2.163 per share.

McDonald’s (MCD) reported earnings on 10/27/2022 before the market open with $2.68, beating estimates of $2.57 per share.

Merck (MRK) reported earnings on 10/27/2022 before the market open with $1.85, beating estimates of $1.674 per share.

Apple (AAPL) reported earnings on 10/27/2022 after the market close with $1.29, beating estimates of $1.261 per share.

Intel (INTC) reported earnings on 10/27/2022 after the market close with $0.59, beating estimates of $0.34 per share.

Chevron (CVX) reported earnings on 10/28/2022 before the market open with $5.56, beating estimates of $5.019 per share.

Amgen (AMGN) reported earnings on 11/3/2022 after the market close with $4.70, beating estimates of $4.427 per share.

Disney (DIS) reports earnings on 11/8/2022 after the market close with $0.30, missing estimates of $0.503 per share.

Home Depot (HD) reported earnings on 11/15/2022 before the market open with $4.24, beating estimates of $4.109 per share.

Walmart (WMT) reported earnings on 11/15/2022 before the market open with $1.50, beating estimates of $1.315 per share.

Cisco (CSCO) reported earnings on 11/16/2022 after the market close with $0.86, beating estimates of $0.733 per share.

Salesforce (CRM) reports earnings on 11/30/2022 after the market close.

Today’s Featured Dow Stock

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) 174.86 (+0.81%) is up +2.22% in 2022.

10:00 AM ET Existing Home Sales (Oct), 4.38M, 4.71M
10:00 AM ET Existing Home Sales (MoM) (Oct), -1.5%
10:00 AM ET US Leading Index (MoM) (Oct), -0.4%, -0.4%
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 622
13:00 PM ET U.S. Baker Hughes Total Rig Count, 779
14:30 PM ET CFTC Aluminium speculative net positions, 6.9K
14:30 PM ET CFTC Copper speculative net positions, 2.9K
14:30 PM ET CFTC Corn speculative net positions, 301.6K
14:30 PM ET CFTC Crude Oil speculative net positions, 274.8K
14:30 PM ET CFTC Gold speculative net positions, 82.3K
14:30 PM ET CFTC Nasdaq 100 speculative net positions, -2.4K
14:30 PM ET CFTC Natural Gas speculative net positions, -152.3K
14:30 PM ET CFTC S&P 500 speculative net positions, -177.1K
14:30 PM ET CFTC Silver speculative net positions, 13.0K
14:30 PM ET CFTC Soybeans speculative net positions, 87.8K
14:30 PM ET CFTC Wheat speculative net positions, -17.2K

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