DJIA Market Happenings For Friday, April 17, 2015

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 down -161 points.

Thursday, the Dow was down -6.84 (-0.04%) at 18,105.77.

Year-to-date the Dow is up +1.59%.

There were 9 Dow stocks up Thursday.

Dow stock winners Thursday were led by UnitedHealth (UNH) +3.65% and American Express (AXP) +1.45%.

The Dow stock losers Thursday were Merck (MRK) -1.04% and McDonald’s (MCD) -0.84%.

General Electric (GE) reported Q1 EPS of 31 cents, better than consensus of 30 cents.

Goldman Sachs (GS) looks like a buy, Barron’s says in its ‘Barron’s Take’ column.

American Express (AXP) reported Q1 EPS of $1.48, better than consensus of $1.37.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is up 2.1 cents at $2.429 per gallon.

Earnings Reports.

1. Johnson & Johnson (JNJ) reported Q1 EPS of $1.53, below consensus of $1.54 on 4/14/2015 before the market open.

2. JMorgan (JPM) reported Q1 EPS of $1.61, better than consensus of $1.41 on 4/14/2015 before the market open.

3. Intel (INTC) reports earnings on 4/14/2015 after the market close.

4. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

5. American Express reports earnings on 4/16/2015 after the market close.

6. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

7. United Health (UNH) reports earnings on 4/16/2015 before the market open.

8. General Electric (GE) reports earnings on 4/17/2015 before the market open.

9. IBM (IBM) reports earnings on 4/20/2015 after the market close.

10. Dupont (DD) reports earnings on 4/21/2015before the market open.

11. Travelers (TRV) reports earnings on 4/21/2015 before the market open.

12. Verizon (VZ) reports earnings on 4/21/2015 before the market open.

13. United Technologies (UTX) reports earnings on 4/21/2015 before the market open.

14. Caterpiller (CAT) reports earnings on 4/21/2015 before the market open.

15. Coca Cola (KO) reports earnings on 4/22/2015 before the market open.

16. McDonald’s (MCD) reports earnings on 4/22/2015 before the market open.

17. Boeing (BA) reports earnings on 4/22/2015 before the market open.

18. 3M (MMM) reports earnings on 4/23/2015 before the market open.

19. Procter & Gamble (PG) reports earnings on 4/23/2015 before the market open.

20. Microsoft (MSFT) reports earnings on 4/23/2015 after the market close

Today’s Featured Dow Stock

American Express (AXP)

American Express (AXP) is down -13.04% year-to-date.

Financial Calendar

0830 ET Mar CPI expected +0.3% m/m and unch y/y, Feb +0.2% m/m and unch y/y. Mar CPI ex food & energy expected +0.2% m/m and +1.7% y/y, Feb +0.2% m/m and +1.7% y/y.

0950 ET IMF Managing Director Christine Lagarde press conference at IMF/World Bank meetings.

1000 ET Prelim-Apr U.S. consumer sentiment index from the University of Michigan expected +1.0 to 94.0, Mar -2.4 to 93.0.

1000 ET Mar leading indicators expected +0.3%, Feb +0.2%.

n/a World Bank and IMF spring meeting in Washington, D.C.

The Dow Market Happenings For Thursday, April 16, 2015

Dow stocks at 52 week highs include Goldman Sachs (GS). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -39 points.

Wednesday, the Dow was up ++75.91 (+0.42%) at 18,112.61.

Goldman Sachs (GS) reported Q1 EPS of $5.94, well above consensus of $4.26.

UnitedHealth Group (UNH) reported Q1 EPS of $1.46, better than consensus of $1.35.

McDonald’s (MCD) was initiated with a ‘Buy’ at Guggenheim with a price target of $108.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is up 1.6 cents at $2.408 per gallon.

Earnings Reports.

1. Johnson & Johnson (JNJ) reported Q1 EPS of $1.53, below consensus of $1.54 on 4/14/2015 before the market open.

2. JMorgan (JPM) reported Q1 EPS of $1.61, better than consensus of $1.41 on 4/14/2015 before the market open.

3. Intel (INTC) reports earnings on 4/14/2015 after the market close.

4. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

5. American Express reports earnings on 4/16/2015 after the market close.

6. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

7. United Health (UNH) reports earnings on 4/16/2015 before the market open.

8. General Electric (GE) reports earnings on 4/17/2015 before the market open.

9. IBM (IBM) reports earnings on 4/20/2015 after the market close.

10. Dupont (DD) reports earnings on 4/21/2015before the market open.

11. Travelers (TRV) reports earnings on 4/21/2015 before the market open.

12. Verizon (VZ) reports earnings on 4/21/2015 before the market open.

13. United Technologies (UTX) reports earnings on 4/21/2015 before the market open.

14. Caterpiller (CAT) reports earnings on 4/21/2015 before the market open.

15. Coca Cola (KO) reports earnings on 4/22/2015 before the market open.

16. McDonald’s (MCD) reports earnings on 4/22/2015 before the market open.

17. Boeing (BA) reports earnings on 4/22/2015 before the market open.

18. 3M (MMM) reports earnings on 4/23/2015 before the market open.

19. Procter & Gamble (PG) reports earnings on 4/23/2015 before the market open.

20. Microsoft (MSFT) reports earnings on 4/23/2015 after the market close

Today’s Featured Dow Stock

3M (MMM)

3M (MMM) is up +1.02% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -1,000 to 280,000, last +14,000 to 281,000. Weekly continuing claims expected +19,000 to 2.323 million, last -23,000 to 2.304 million.

0830 ET Mar housing starts expected +15.9% to 1.040 million, Feb -17.0% to 897,000. Mar building permits expected at -1.9% to 1.081 million, Feb +4.0% to 1.102 million.

0830 ET USDA weekly Export Sales.

1000 ET Apr Philadelphia Fed business outlook survey expected +1.0 to 6.0, Mar -0.2 to 5.0.

1100 ET Treasury announces amount of 5-year TIPS to be auctioned Apr 23.

1300 ET Atlanta Fed President Dennis Lockhart speaks to area business leaders about the U.S. economic outlook and monetary policy at the Palm Beach County Convention Center.

1310 ET Cleveland Fed President Loretta Mester speaks on the economic outlook and monetary policy to the Forecasters Club of New York.

1500 ET Fed Vice Chair Stanley Fischer speaks on an IMF panel with ECB Executive Board member Peter Praet on The Elusive Pursuit of Inflation.
n/a G-20 officials meet for a 2-day meeting in Washington to discuss the global economy.

DJIA Market Happenings For Wednesday, April 15, 2015

Dow stocks at 52 week highs include Pfizer (PFE). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +92 points.

Tuesday, the Dow was up +59.66 (+033%) at 18,036.70.

Year-to-date the Dow is up +0.86%.

There were 17 Dow stocks up Tuesday.

Dow stock winners Tuesday were led by Chevron (CVX) +2.20% and Merck (MRK) +1.82%.

The Dow stock losers Tuesday were Intel (INTC) -0.76% and Cisco (CSCO) -0.61%.

Intel (INTC) reported Q1 EPS of 41 cents, right on consensus, although Q1 revenue of $12.8 billion was below consensus of $12.9 billion and the company said it sees fiscal 2015 revenue approximately flat, below consensus of $55.69 billion.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down four-tenths of a cent at $2.392 per gallon.

Earnings Reports.

1. Johnson & Johnson (JNJ) reported Q1 EPS of $1.53, below consensus of $1.54 on 4/14/2015 before the market open.

2. JMorgan (JPM) reported Q1 EPS of $1.61, better than consensus of $1.41 on 4/14/2015 before the market open.

3. Intel (INTC) reports earnings on 4/14/2015 after the market close.

4. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

5. American Express reports earnings on 4/16/2015 after the market close.

6. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

7. United Health (UNH) reports earnings on 4/16/2015 before the market open.

8. General Electric (GE) reports earnings on 4/17/2015 before the market open.

9. IBM (IBM) reports earnings on 4/20/2015 after the market close.

10. Dupont (DD) reports earnings on 4/21/2015before the market open.

11. Travelers (TRV) reports earnings on 4/21/2015 before the market open.

12. Verizon (VZ) reports earnings on 4/21/2015 before the market open.

13. United Technologies (UTX) reports earnings on 4/21/2015 before the market open.

14. Caterpiller (CAT) reports earnings on 4/21/2015 before the market open.

15. Coca Cola (KO) reports earnings on 4/22/2015 before the market open.

16. McDonald’s (MCD) reports earnings on 4/22/2015 before the market open.

17. Boeing (BA) reports earnings on 4/22/2015 before the market open.

18. 3M (MMM) reports earnings on 4/23/2015 before the market open.

19. Procter & Gamble (PG) reports earnings on 4/23/2015 before the market open.

20. Microsoft (MSFT) reports earnings on 4/23/2015 after the market close

Today’s Featured Dow Stock

Wal-Mart (WMT)

Wal-Mart (WMT) is down -6.67% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +0.4% with purchase sub-index +6.8% and refi sub-index -3.3%.

0830 ET Apr Empire manufacturing survey general business conditions expected +0.27 to 7.17, Mar -0.88 to 6.90.

0900 ET St. Louis Fed President James Bullard speaks on financial regulations at the Levy Economics Institutes 2015 Minsky conference.

0900 ET IMF releases Global Financial Stability Report with a 1-hour press briefing.

0915 ET Mar industrial production expected -0.3%, Feb +0.1%. Mar manufacturing production expected +0.2%, Feb was -0.2%. Mar capacity utilization expected -0.3 to 78.6%, Feb -0.2 to 78.9%.

1000 ET Apr NAHB housing market index expected +2 to 55, Mar -2 to 53.

1030 ET EIA Weekly Petroleum Status Report.

1400 ET Fed Beige Book.

1930 ET Richmond Fed President Jeffrey Lacker speaks to business leaders in Charleston, SC on Investing in People for Long-Term Prosperity.

The Dow Market Happenings For Tuesday, April 14, 2015

Dow stocks at 52 week highs include Pfizer (PFE). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -23 points.

Monday, the Dow was down -80.61 (-0.45%) at 17,977.04.

Year-to-date the Dow is up +0.86%.

There were 5 Dow stocks up Monday.

Dow stock winners Monday were led by JPMorgan (JPM) +0.60% and UnitedHealth (UNH) +0.31%.

The Dow stock losers Monday were General Electric (GE) -3.09% and Johnson & Johnson (JNJ) -1.48%.

JPMorgan Chase (JPM) reported Q1 EPS of $1.61, better than consensus of $1.41.

Johnson & Johnson (JNJ) posted quarterly net income of $4.32 billion, or $1.53 per share, compared to $4.73 billion, or $1.64 per share, in the year-ago quarter. Excluding special items, the company’s adjusted earnings came declined 4.3 percent to $1.56 per share. Sales slipped 4.1 percent to $17.37 billion. Analysts were expecting a profit of $1.54 per share on revenue of $17.31 billion.

European stocks are mostly lower and Asian markets ended mostly mostly higher.

The national average price of gasoline is down two-tenths of a cent at $2.388 per gallon.

Earnings Reports.

1. Johnson & Johnson (JNJ) reported Q1 EPS of $1.53, below consensus of $1.54 on 4/14/2015 before the market open.

2. JMorgan (JPM) reported Q1 EPS of $1.61, better than consensus of $1.41 on 4/14/2015 before the market open.

3. Intel (INTC) reports earnings on 4/14/2015 after the market close.

4. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

5. American Express reports earnings on 4/16/2015 after the market close.

6. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

7. United Health (UNH) reports earnings on 4/16/2015 before the market open.

8. General Electric (GE) reports earnings on 4/17/2015 before the market open.

9. IBM (IBM) reports earnings on 4/20/2015 after the market close.

10. Dupont (DD) reports earnings on 4/21/2015before the market open.

11. Travelers (TRV) reports earnings on 4/21/2015 before the market open.

12. Verizon (VZ) reports earnings on 4/21/2015 before the market open.

13. United Technologies (UTX) reports earnings on 4/21/2015 before the market open.

14. Caterpiller (CAT) reports earnings on 4/21/2015 before the market open.

15. Coca Cola (KO) reports earnings on 4/22/2015 before the market open.

16. McDonald’s (MCD) reports earnings on 4/22/2015 before the market open.

17. Boeing (BA) reports earnings on 4/22/2015 before the market open.

18. 3M (MMM) reports earnings on 4/23/2015 before the market open.

19. Procter & Gamble (PG) reports earnings on 4/23/2015 before the market open.

20. Microsoft (MSFT) reports earnings on 4/23/2015 after the market close

Today’s Featured Dow Stock

Visa (V)

Visa (V) is up +0.09% year-to-date.

Financial Calendar

0830 ET Mar retail sales expected +1.0% and +0.7% ex autos, Feb -0.6% and -0.1% ex autos. Mar retail sales ex-auto and ex-gasoline expected +0.6%, Feb -0.2%.

0830 ET Mar final demand PPI expected +0.2% m/m and -0.9% y/y, Feb -0.5% m/m and -0.6% y/y. Mar PPI ex food & energy expected +0.1% m/m and +0.9% y/y, Feb -0.5% m/m and +1.0% y/y.

0900 ET IMF releases its World Economic Outlook. Press briefing by IMF Chief Economist Olivier Blanchard.

1000 ET Feb business inventories expected +0.2%, Jan unch.

2000 ET Minneapolis Fed President Narayan Kocherlakota holds an open forum at Winona State University.

DJIA Market Happenings For Monday, April 13, 2015

Dow stocks at 52 week highs include General Electric (GE) and Pfizer (PFE). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -23 points.

Friday, the Dow was up +98.92 (+0.55%) at 18,057.65.

Year-to-date the Dow is up +1.32%.

There were 24 Dow stocks up Friday.

Dow stock winners Friday were led by General Electric (GE) +10.80% and Caterpiller (CAT) +2.38%.

The Dow stock losers Friday were Nike (NKE) -0.74% and Coca Cola (KO) -0.41%.

European stocks are mostly higher and Asian markets ended mostly mostly higher.

The national average price of gasoline is up 1.2 cents at $2.390 per gallon.

Earnings Reports.

1. Johnson & Johnson (JNJ) reports earnings on 4/14/2015 before the market open.

2. JMorgan (JPM) reports earnings on 4/14/2015 before the market open.

3. Intel (INTC) reports earnings on 4/14/2015 after the market close.

4. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

5. American Express reports earnings on 4/16/2015 after the market close.

6. Goldman Sachs (GS) reports earnings on 4/16/2015 before the market open.

7. United Health (UNH) reports earnings on 4/16/2015 before the market open.

8. General Electric (GE) reports earnings on 4/17/2015 before the market open.

9. IBM (IBM) reports earnings on 4/20/2015 after the market close.

10. Dupont (DD) reports earnings on 4/21/2015before the market open.

11. Travelers (TRV) reports earnings on 4/21/2015 before the market open.

12. Verizon (VZ) reports earnings on 4/21/2015 before the market open.

13. United Technologies (UTX) reports earnings on 4/21/2015 before the market open.

14. Caterpiller (CAT) reports earnings on 4/21/2015 before the market open.

15. Coca Cola (KO) reports earnings on 4/22/2015 before the market open.

16. McDonald’s (MCD) reports earnings on 4/22/2015 before the market open.

17. Boeing (BA) reports earnings on 4/22/2015 before the market open.

18. 3M (MMM) reports earnings on 4/23/2015 before the market open.

19. Procter & Gamble (PG) reports earnings on 4/23/2015 before the market open.

20. Microsoft (MSFT) reports earnings on 4/23/2015 after the market close

Today’s Featured Dow Stock

Verizon (VZ)

Verizon (VZ) is up +4.83% year-to-date.

Financial Calendar

1100 ET USDA weekly grain export inspections.

1400 ET March Treasury budget statement expected -$43.4 billion, year-earlier -$36.9 billion.

1600 ET USDA weekly crop progress.