Post #53 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 Thursday at 9398 up 36.58 or 0.39% from Wednesday's close of 9361.61. Of the 30 Dow Companies: 18 gained and 12 declined with the biggest loser being UTX United Technology $57.4 -0.77 1.32% 5,936,778 NYSE and the biggest gainer being WMT WalMart $51.88 +1.37 2.71% 32,123,719 NYSE.
The current divisor for the Dow found at today's page C4 of The Wall St. Jrnl is .132319125 unchanged.
Thursday's Dow Jones Industrial Average closing numerator was 1243.56 up 4.84 from Wednesday's closing Dow numerator of 1238.72. 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 increase for today of 4.84 by the divisor you get 36.58, the increase in Thurssday's Dow close.
The average closing price (the closing numerator divided by 30) of Thursday's Dow Jones Industrial Average was 41.45 up 0.16 from Wednesday's Dow Jones Industrial Average closing price of 41.29. The median closing price of Thursday's Dow Jones Industrial Average was 38.06 up 0.71 from Wednesday's Dow Jones median closing price of 37.35.
The highest closing price Wednesday again was IBM $119.58 0.29 0.24% 5,488,973 NYSE and the lowest closing price Wednesday again was Alcoa AA $13.71 0.75 5.79% 37,384,309 NYSE.
The lowest volume Thursday was Boeing BA $46.62 0.28 0.6% 3,484,283 NYSE and the highest volume again was BAC BofAm $17 1.07 6.72% 336,072,103 NYSE.
If Thursday 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 made $486
($124,35 - $123,870).
Thursday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
T $25.48 -0.17 0.66% 21,245,018 NYSE
AA $13.71 +0.75 5.79% 37,384,309 NYSE
AXP $31.98 +0.18 0.57% 8,775,550 NYSE
BAC $17 +1.07 6.72% 336,072,103 NYSE
BA $46.62 +0.28 0.6% 3,484,283 NYSE
CAT $47.17 -0.41 0.86% 9,604,075 NYSE
CVX $68.53 -0.19 0.28% 8,299,444 NYSE
CSCO $21.51 +0.08 0.37% 38,913,733 NASDAQ-GS
KO $48.12 -0.34 0.7% 13,280,103 NYSE
DIS $26.26 +0.04 0.15% 10,621,779 NYSE
DD $33.23 +0.74 2.28% 6,907,186 NYSE
XOM $68.75 -0.36 0.52% 20,235,129 NYSE
GE $14.1 -0.03 0.21% 83,682,761 NYSE
HPQ $44.35 +0.17 0.38% 11,571,609 NYSE
HD $27.68 +0.48 1.76% 19,570,024 NYSE
INTC $19.05 +0.24 1.28% 44,055,395 NASDAQ-GS
IBM $119.58 +0.29 0.24% 5,488,973 NYSE
JPM $42.9 +0.69 1.63% 40,335,582 NYSE
JNJ $60.32 -0.27 0.45% 8,338,172 NYSE
KFT $28.35 -0.15 0.53% 7,914,649 NYSE
MCD $55.78 -0.48 0.85% 9,920,137 NYSE
MRK $30.98 +0.24 0.78% 13,490,370 NYSE
MSFT $23.62 +0.09 0.38% 38,951,594 NASDAQ-GS
PFE $15.8 -0.06 0.38% 37,397,253 NYSE
PG $52.3 +0.22 0.42% 10,474,046 NYSE
MMM $72.6 +0.27 0.37% 4,348,515 NYSE
TRV $47.47 +1.04 2.24% 5,466,214 NYSE
UTX $57.4 -0.77 1.32% 5,936,778 NYSE
VZ $31.04 -0.17 0.54% 10,213,318 NYSE
WMT $51.88 +1.37 2.71% 32,123,719 NYSE