8/10/09 am Dow Closes @ 9337.95 down 32.12 -0.34%

Post #47 The following is brought to you by Intellivest Securities Research, Inc. The following is not intended as advertising by a broker-dealer and is not a research report.

The Dow Jones Industrial Average closed Monday at 9337.95 down 32.12 or 0.34% down from Friday's close of 9370.07. Of the 30 Dow Companies: 11 gained and 19 declined with the biggest loser being MMM $70.91 -1.99 2.73% 5,880,374 NYSE and the biggest gainer being MCD $56.27 +1.07 1.94% 10,920,432 NYSE.

The current divisor for the Dow found at today's page C4 of The Wall St. Jrnl is .132319125 unchanged.

Monday's Dow Jones Industrial Average closing numerator was 1235.59 down 4.25 from Friday's closing Dow numerator of 1239.84. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor.

Now, if you divide the Dow numerator decrease for today of 4.25 by the divisor you get 32.12, the decrease in Monday's Dow close.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was 41.19 down 0.14 from Friday's Dow Jones Industrial Average closing price of 41.33. The median closing price of Monday's Dow Jones Industrial Average was 37.54 down 0.06 from Monday's Dow Jones median closing price of 37.60.

The highest closing price Monday again was IBM $118.7 -0.63 0.53% 3,927,803 NYSE and the lowest closing price Monday again was Alcoa AA $12.69 -0.31 2.38% 29,689,949 NYSE.

The lowest volume Monday was IBM $118.7 -0.63 0.53% 3,927,803 NYSE and the highest volume again was BAC BofAm $1616.42 -0.28 1.68% 380,920,733 NYSE.

If Monday morning before the market opened you had purchased $100 of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have lost $414($123,984 - 123,570).

Monday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market

T $25.58 -0.04 0.16% 15,097,514 NYSE
AA $12.69 -0.31 2.38% 29,689,949 NYSE
AXP $32.34 -0.35 1.07% 11,801,011 NYSE
BAC $16.68 +0.26 1.58% 236,374,804 NYSE
BA $45.77 -0.92 1.97% 5,553,800 NYSE
CAT $47.15 -0.63 1.32% 11,517,004 NYSE
CVX $69.23 -0.27 0.39% 7,844,011 NYSE
CSCO $21.-64 -0.55 2.48% 45,762,489 NASDAQ-GS
KO $49.44 +0.10 0.2% 6,569,271 NYSE
DIS $26.44 -0.25 0.94% 8,060,398 NYSE
DD $32.38 -0.45 1.37% 5,968,590 NYSE
XOM $69.18 -0.29 0.42% 15,632,890 NYSE
GE $14.57 -0.13 0.88% 83,844,612 NYSE
HPQ $43.67 +0.13 0.3% 12,066,912 NYSE
HD $27.1 -0.16 0.59% 10,331,388 NYSE
INTC $18.76 +0.26 1.41% 46,641,377 NASDAQ-GS
IBM $118.7 -0.63 0.53% 3,927,803 NYSE
JPM $42.69 +0.33 0.78% 43,253,207 NYSE
JNJ $60.72 +0.82 1.37% 9,385,471 NYSE
KFT $28.63 -0.07 0.24% 5,655,175 NYSE
MCD $56.27 +1.07 1.94% 10,920,432 NYSE
MRK $30.6 +0.50 1.66% 17,698,983 NYSE
MSFT $23.42 -0.14 0.59% 31,832,588 NASDAQ-GS
PFE $15.91 -0.05 0.31% 27,107,081 NYSE
PG $52.17 +0.14 0.27% 11,533,126 NYSE
MMM $70.91 -1.99 2.73% 5,880,374 NYSE
TRV $46.42 -1.04 2.19% 4,671,724 NYSE
UTX $55.89 +0.30 0.54% 4,895,048 NYSE
VZ $30.92 -0.16 0.51% 8,493,688 NYSE
WMT $49.72 +0.43 0.87% 12,864,011 NYSE

THE FOLLOWING APPEARED IN MONDAY MORNING'S BLOG:

A read of Monday's 8/10/09 print editions of: Wall Street Journal, Financial Times, Investors Business Daily, New York Times, Atl Journal Const, and USA Today and yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed bys symbol and Friday's closing price:

The current divisor for the Dow found at today's page B4 (during the week it is at page C4) of The Wall St. Jrnl is .132319125 unchanged.

Microsoft MSFT 23.56 Today's Blog lead story is at WSJ pB4 "Publicis to Buy fazorfish," Fin Times p14, USA Today p5B and NYT pB4 "Microsoft to sell Web ad Agency" that says the French advertising gian Publicis Groupe struck a deal Sunday to buy Razorfish, the nteractive agency that MsFT Microsoft has owned since acquiring the agency's parent company, aQuantive, in 2007. USA Toda and Fin Times values the deal at $530 mill while NYTimes says the deal is valued at $230 million and will include cash and 6.5 million shares of Publicis. MSFT is also mentioned at NYT pB6 in a story about Yahoo's search engine saying it is different than Google'ss and MSFT's because readers use Yahoo's search as an adjunct to something they are already reading on Yahoo. MSFT and Yahoo alliance is the subject of a WSJ editorial "Start Your Search Engines" pA10 that questions why the Justice Dept. would block the new search partnership and help solidify Google's market share in Web searches.

ATT T 25.62 "NYT pB2 "FCC Weights need for New Cellphone Handset Rules" says the chairman of the FCC is considering whether new rules are needed to govern cellphone handsets and specifically whether wireless carriers should be able to sign deals that allow them to offer certain cellular handsets exdlusively. For example, T's deal with Apple to sell the iPhone has been contentious, particularly for consumers who use other cellular carriers. congress held several hearings on the issue earlier thisyear.

Alcoa AA 13 is discussed at Fin Times p13, "Aluminium riding high on futures dealing" says the aluminium market appears to be coming back and prices have risen 30% this year, a gravity defying recovery int he face of falling demand and a growing supply surplus. AA's CEO, Klaus Kleinfeld, recently warned that global consumption would decline 7% this year.

Bank of America BAC 16.42 BAC is mentioned in USA Today p1B "Despite all the rhetoric, bankers still raking its in" and NYT pA1 Efforts to Reign in Pay on Wall Street Hits Hurdle - the Guaranteed Bonuses" that discusses BAC and JPM JPM Morgan as guaranteeing top executives bonuses. Obama's pay czar Ken Feinberg will scrutinze the top 75 highly paid execs of each bank that received bailout funds. BAC is also in a story at front page of Fin Times "Banks in $38.5bn windfall from fees" that says at BofA, a customer overdrawn by as little as $6 could trigger a $35 penalty. BAC and other banks have doubled such fees since 200.

GE 14.70 "Defining Road Rules for GE Capital" at WSJ pC10 discusses the possiblity that the Treasury's ovehaul of bank regulatory scheme may have large financial firms become bank holding companies and this would apply to GE Capital even though it isn't a bank holding company. GE is mentioned at WSJ "Options Report" it discusses a butterfly option strategy with GE wherein a trade buys DEc. $12 puts and Dec $6puts, while selling DEC $9 puts.

IBM 19.93 is mentioned at NYT B6 "As Rivals Branch Out, SAP Is Sticking to Software" where it says that giants like Oracle and IjBM have been on a relentless mission to persuade companies to buy as muc of their computer infrastructure as possible from one place. It is a strategy that has been encoraching on the turf of specialists like SAP.

JP Morgan Chase JPM 42.3 JPM is mentioned in USA Today p1B "Despite all the rhetoric, bankers still raking its in" and NYT pA1 Efforts to Reign in Pay on Wall Street Hits Hurdle - the Guaranteed Bonuses" that discusses BAC and JPM JPM Morgan as guaranteeing top executives bonuses. Obama's pay czar Ken Feinberg will scrutinze the top 75 highly paid execs of each bank that received bailout funds.

Johnson & Johnson JNJ 59.90 Inv Bus Daily pA8 "J&J's Deal With Elan Hits A Possible Snag" says that more than 5 weeks after JNJ announced it would invest $1.5 billion in Irish biotech Elan, Biogen sent Elan a letter on July 28, charging that elan's deal with JNJ breaches the 50/50 partnership agreement Biogen and Elan began in 2000 for development and maketing of Tysabri. The article asks how big pharma titans Wyeth and Pfizer will come into the complicated matrix.

Merck MRK 30.10 at Inv Bus. Daily pA2 in an item that says more than 99% of MRK's shareholders voted in favor of its merger with Schering Plough (as was widely reported last week.)

Microsoft MSFT 23.56 Today's Blog lead story is at WSJ pB4 "Publicis to Buy fazorfish," Fin Times p14, USA Today p5B and NYT pB4 "Microsoft to sell Web ad Agency" that says the French advertising gian Publicis Groupe struck a deal Sunday to buy Razorfish, the nteractive agency that MsFT Microsoft has owned since acquiring the agency's parent company, aQuantive, in 2007. USA Toda and Fin Times values the deal at $530 mill while NYTimes says the deal is valued at $230 million and will include cash and 6.5 million shares of Publicis. MSFT is also mentioned at NYT pB6 in a story about Yahoo's search engine saying it is different than Google'ss and MSFT's because readers use Yahoo's search as an adjunct to something they are already reading on Yahoo. MSFT and Yahoo alliance is the subject of a WSJ editorial "Start Your Search Engines" pA10 that questions why the Justice Dept. would block the new search partnership and help solidify Google's market share in Web searches.

Pfizer PFE 15.96 Inv Bus Daily pA8 is mentioned in a story about Johnson & Johnson JNJ "J&J's Deal With Elan Hits A Possible Snag" that says that more than 5 weeks after JNJ announced it would invest $1.5 billion in Irish biotech Elan, Biogen sent Elan a letter on July 28, charging that elan's deal with JNJ breaches the 50/50 partnership agreement Biogen and Elan began in 2000 for development and maketing of Tysabri. The article asks how big pharma titans Wyeth and Pfizer will come into the complicated matrix.

Wal-Mart WMT 49.29 is the subject of "Sam's Tests a Big Box Bodega" at WSJ pB1 where it says WMT is experimenting with a new Latino themed warehouse store as it hunts for US growth,d espite a mixed history at ethnic forays by other retailers. The Mas Club, which opened in Houston on Thurs. daims to satisfy the yearings of recent immigrants for the familiar foods of home in bulk sizes. It is a Sam's Club spinoff and the membership fee is $30, less than Sam's $40. WMT is also at Fin Times p15 "Wal-Mart product purge sets worrying trend for suppliers" where it says that Clorox has suffered a setback because WMT has decided tnot to stock Clorox's new Green Works brand detergent at its US store