DJIA Market Happenings For Tuesday, November 7, 2023 – Amgen (AMGN) 272.83 Up +3.88% YTD

There are no Dow stocks hitting 52-week highs. There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -77 points.

Monday the Dow closed up +34.54 (+0.10%) at 34,095.86.

Year-to-date the Dow is up +2.86%.

Monday, (16) Dow stocks were up, none were at 52-week lows and none were at 52-week highs.

The Dow stock winners Monday were led by Apple (AAPL) 179.23 (+1.46%), Amgen (AMGN) 272.83 (+1.10%) and Microsoft (MSFT) 356.53 (+1.06%).

The Dow stock losers Monday were led by Walgreens (WBA) 21.77 (-1.54%), Disney 84.02 (-1.23%) and Goldman Sachs (GS) 323.91 (-1.13%).

The VIX closed Monday at 14.89 (-0.13%) and the 10 YR at 4.633 (-0.56%). The VIX is currently at 15.04 (+1.01%). The 10YR is at 4.573 (+0.04%).

The Dow was higher yesterday for the sixth-straight session, an occurrence not seen since July.

WTI and Brent crude oil prices reached their cheapest levels since August on Tuesday. WTI and Brent fell to lows of 78.94 and 83.22, respectively. It marks the worst levels seen for each since Aug. 25.

This morning looks like we are in pullback mode.

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

The national average price of gasoline is down one cent at $3.408 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 9/28/23 after the market close with $0.94, beating estimates of $0.739 per share.

Walgreens (WBA) reported earnings on 10/12/23 before the market open with $0.67, beating estimates of $0.682.

JPMorgan (JPM) reported earnings on 10/13/23 before the market open with $4.33, beating estimates of $3.96 per share.

UnitedHealth (UNH) reported earnings on 10/13/23 before the market open with $6.56, beating estimates of $6.327 per share.

Goldman Sachs (GS) reported earnings on 10/17/23 before the market open with $5.47, beating estimates of $5.31 per share.

Johnson & Johnson (JNJ) reported earnings on 10/17/23 before the market open with $2.66, beating estimates of $2.524 per share.

Travelers (TRV) reports earnings on 10/18/23 before the market open with $1.95, missing estimates of $2.932 per share.

Procter & Gamble (PG) reports earnings on 10/18/23 before the market open with $1.83, beating estimates of $1.71per share.

American Express (AXP) reported earnings on 10/20/23 before the market open with $3.30, missing estimates of $2.961 per share.

3M (MMM) reported earnings on 10/24/23 before the market open with $2.68, beating estimates of $2.335 per share.

Coca Cola (KO) reported earnings on 10/24/23 before the market open with $0.74, beating estimates of $0.687 per share.

Dow (DOW) reported earnings on 10/24/23 before the market open with $0.48, beating estimates of $0.435 per share.

Verizon (VZ) reported earnings on 10/24/23 before the market open with $1.22, beating estimates of $1.174 per share.

Microsoft (MSFT) reported earnings on 10/24/23 after the market close with $2.99, beating estimates of $2.65 per share.

Visa (v) reported earnings on 10/24/23 after the market close with $2.33, beating estimates of $2.233 per share.

Boeing (BA) reported earnings on 10/25/23 before the market open with -$3.26, missing estimates of -$3.205 per share.

IBM (IBM) reported earnings on 10/25/23 after the market close with $2.20, beating estimates of $2.12 per share.

Honeywell (HON) reported earnings on 10/26/23 before the market open with $2.27, beating estimates of $2.224 per share.

Merck (MRK) reported earnings on 10/26/23 before the market open with $2.13, beating estimates of $1.942 per share.

Intel (INTC) reported earnings on 10/26/23 after the market close with $0.41, beating estimates of $0.034per share.

Chevron (CVX) reported earnings on 10/27/23 before the market open with $3.05, missing estimates of $3.678 per share.

McDonald’s (MCD) reported earnings on 10/30/23 before the market open with $3.17, beating estimates of $3.003 per share.

Amgen (AMGN) reported earnings on 10/31/23 before the market open with $4.96, beating estimates of $4.655 per share.

Caterpillar (CAT) reported earnings on 10/31/23 before the market open with $5.52, beating estimates of $4.753 per share.

Apple (AAPL) reported earnings on 11/2/23 after the market close with $1.46, beating estimates of $1.392 per share.

Disney (DIS) reports earnings on 11/8/23 after the market close.

Home Depot (HD) reports earnings on 11/14/23 before the market open.

Cisco (CSCO) reports earnings on 11/15/23 after the market close.

Walmart (WMT) reports earnings on 11/16/23 before the market open.

Today’s Featured Dow Stock

Amgen (AMGN)

Amgen (AMGN) 272.83 (+1.46%) is up +3.88% in 2023.

Financial Calendar

07:30 AM ET FOMC Member Kashkari Speaks
08:00 AM ET Fed Goolsbee Speaks
08:30 AM ET Exports, 256.00B
08:30 AM ET Imports, 314.30B
08:30 AM ET Trade Balance (Sep), -59.90B, -58.30B
08:55 AM ET Redbook (YoY), 5.3%
09:15 AM ET Fed Vice Chair for Supervision Barr Speaks
10:00 AM ET Fed Waller Speaks
10:00 AM ET IBD/TIPP Economic Optimism, 40.2, 36.3
12:00 PM ET EIA Short-Term Energy Outlook
12:00 PM ET FOMC Member Williams Speaks
13:00 PM ET 3-Year Note Auction, 4.740%
13:30 PM ET Fed Logan Speaks
15:00 PM ET Consumer Credit (Sep), 10.00B, -15.63B
16:30 PM ET API Weekly Crude Oil Stock, 1.347M

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