DJIA Market Happenings For Tuesday, July 18, 2023 – Honeywell (HON) 208.17 Down -2.86% YTD

Dow stocks hitting 52-week highs include JPMorgan (JPM) 153.38 (+2.41%). Dow stock 52-week lows include Verizon (VZ) 31.46 (-7.50%).

The Market

Premarket today, the Dow was indicated to open up +5 points.

Monday the Dow closed up +76.32 (+0.22%) at 34,585.35.

Year-to-date the Dow is up +4.34%.

Monday, (16) Dow stocks were up, (1) was at 52-week lows and (1) wase at 52-week highs.

The Dow stock winners Monday were led by Intel (INTC) 34.37 (+3.68%), JPMorgan (JPM) 153.38 (+2.41%) and Apple (AAPL) 193.99 (+1.76%).

The Dow stock losers Monday were led by Verizon (VZ) 31.46 (-7.50%), Disney (DIS) 85.56 (-3.45%) and Merck (MRK) 105.57 (-1.65%).

The VIX closed Monday at 13.48 (+1.05%) and the 10 YR at 3.799 (+0.21%). The VIX is currently at 13.42 (-0.45%). The 10YR is at 3.765 (-0.69%).

Data from the Commerce Department out Tuesday showed advance retail sales ticked up 0.2% month-over-month in June. Economists had forecasted a 0.5% increase.

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

The national average price of gasoline is down two-tenths of a cent at $3.563 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 6/27/2023 before the market open with $1.00, missing estimates of $1.069 per share.

Nike (NKE) reported earnings on 6/29/2023 after the market close with $0.66, missing estimates of $0.672 per share.

JPMorgan (JPM) reported earnings on 7/14/2023 before the market open with $4.75, beating estimates of $3.615 per share.

UnitedHealth (UNH) reports earnings on 7/14/2023 before the market open with $6.14, beating estimates of $5.921 per share.

Goldman Sachs (GS) reports earnings on 7/19/2023 before the market open.

IBM (IBM) reports earnings on 7/19/2023 after the market close.

Johnson & Johnson (JNJ) reports earnings on 7/20/2023 before the market open.

Travelers (TRV) reports earnings on 7/20/2023 before the market open.

American Express (AXP) reports earnings on 7/21/2023 before the market open.

Dow (DOW) reports earnings on 7/25/2023 before the market open.

3M (MMM) reports earnings on 7/25/2023 before the market open.

Verizon (VZ) reports earnings on 7/25/2023 before the market open.

Microsoft (MSFT) reports earnings on 7/25/2023 after the market close.

Visa (V) reports earnings on 7/19/2023 after the market close.

Coca Cola (KO) reports earnings on 7/26/2023 before the market open.

Boeing (BA) reports earnings on 7/26/2023 before the market open.

Honeywell (HON) reports earnings on 7/27/2023 before the market open.

McDonald’s (MCD) reports earnings on 7/27/2023 before the market open.

Intel (INTC) reports earnings on 7/27/2023 after the market close.

Today’s Featured Dow Stock

Honeywell (HON)

Honeywell (HON) 208.17 (+0.98%) is down -2.86% in 2023.

Financial Calendar

08:30 AM ET Core Retail Sales (MoM) (Jun), 0.3%, 0.1%
08:30 AM ET Retail Control (MoM) (Jun), -0.3%, 0.2%
08:30 AM ET Retail Sales (YoY) (Jun), 1.60%, 1.61%
08:30 AM ET Retail Sales (MoM) (Jun), 0.5%, 0.3%
08:30 AM ET Retail Sales Ex Gas/Autos (MoM) (Jun), 0.0%, 0.4%
08:55 AM ET Redbook (YoY), -0.4%
09:15 AM ET Capacity Utilization Rate (Jun), 79.5%, 79.6%
09:15 AM ET Industrial Production (YoY) (Jun), 1.10%, 0.23%
09:15 AM ET Industrial Production (MoM) (Jun), 0.0%, -0.2%
09:15 AM ET Manufacturing Production (MoM) (Jun), 0.0%, 0.1%
10:00 AM ET Business Inventories (MoM) (May), 0.2%, 0.2%
10:00 AM ET Fed Gibson Testifies
10:00 AM ET Fed Vice Chair for Supervision Barr Speaks
10:00 AM ET NAHB Housing Market Index (Jul), 56, 55
10:00 AM ET Retail Inventories Ex Auto (May), 0.0%, -0.2%
16:00 PM ET US Foreign Buying, T-bonds (May), 47.00B, 92.20B
16:00 PM ET Overall Net Capital Flow (May), 180.50B, 48.40B
16:00 PM ET TIC Net Long-Term Transactions (May), 110.2B, 127.8B
16:00 PM ET TIC Net Long-Term Transactions including Swaps (May), 122.10B, 127.80B
16:30 PM ET API Weekly Crude Oil Stock, 3.026M

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