8/17/09 Mon pm Dow Closes 9135.34 down 186.06 or 2%

Post #59 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 9135.34 down 186.06 or 2.0% from Friday's close of 9321.40. Of the 30 Dow Companies: 2 gained and 28 declined with the biggest loser being Caterpillar CAT $43.95 -2.05 4.46% 10,748,860 NYSE and the biggest gainer being Coke KO $48.74 +0.27 0.56% 6,988,458 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 1208.78 down 24.62 from Friday's closing Dow numerator of 1233.40. 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 24.62 by the divisor you get 186.06, 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 40.29 down 0.82 from Friday's Dow Jones Industrial Average closing price of 41.1. The median closing price of Monday's Dow Jones Industrial Average was 35.93 37.41 down 1.48 from Friday's Dow Jones median closing price of 37.41.

The highest closing price Monday again was IBM $116.98 -1.59 1.34% 4,592,550 NYSE and the lowest closing price Monday again was Alcoa AA $12.4 -0.87 -6.56% 28,316,229NYSE.

The lowest volume Monday was 3M MMM $70.08 -1.24 1.74% 4,114,045 NYSE and the highest volume again was BAC BofAm $16.55 -0.84 4.83% 286,678,319 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 $2,460
($123,330 -$120,870)

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

T $25.03 -0.42 1.65% 18,292,149 NYSE
AA $12.4 -0.87 -6.56% 28,316,229 NYSE
AXP $30.4 -1.32 4.16% 12,268,114 NYSE
BAC $16.55 -0.84 4.83% 286,678,319 NYSE
BA $44.19 -0.68 1.52% 4,775,079 NYSE
CAT $43.95 -2.05 4.46% 10,748,860 NYSE
CVX $66.66 -1.97 2.87% 11,532,269 NYSE
CSCO $20.73 -0.58 2.72% 31,475,420 NASDAQ-GS
KO $48.74 +0.27 0.56% 6,988,458 NYSE
DIS $25.09 -0.77 2.98% 8,297,891 NYSE
DD $31.04 -1.32 4.08% 7,046,341 NYSE
XOM $66.57 -1.64 2.4% 20,469,052 NYSE
GE $13.37 -0.55 3.95% 75,510,952 NYSE
HPQ $43.17 -0.92 2.09% 11,314,474 NYSE
HD $26.17 -0.97 3.57% 29,292,117 NYSE
INTC $18.45 -0.32 1.7% 44,340,691 NASDAQ-GS
IBM $116.98 -1.59 1.34% 4,592,550 NYSE
JPM $40.82 -1.63 3.84% 33,130,916 NYSE
JNJ $59.84 -0.24 0.4% 10,557,835 NYSE
KFT $27.8199 0.2801 1% 5,813,502 NYSE
MCD $54.54 -0.73 1.32% 8,513,780 NYSE
MRK $30.95 -0.03 0.1% 15,751,098 NYSE
MSFT $23.25 -0.442 1.87% 40,995,887 NASDAQ-GS
PFE $15.89 +0.12 0.76% 41,011,530 NYSE
PG $52.24 -0.13 0.25% 10,079,512 NYSE
MMM $70.08 -1.24 1.74% 4,114,045 NYSE
TRV $46.61 -0.64 1.35% 4,633,820 NYSE
UTX $56.13 -1.08 1.89% 5,034,067 NYSE
VZ $30.21 -0.87 2.8% 11,539,070 NYSE
WMT $51.57 -0.22 0.42% 17,214,470 NYSE

THE FOLLOWING APPEARED IN MONDAY MORNING'S BLOG:

A read of Monday's 8/17/09 print editions of: Wall Street Journal, Financial Times, Investors Business Daily, New York Times, Atl Journal Const, and USA Today 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 by symbol and Friday's closing price and related data:

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

WSJ pC1 "After Dow's 42% Run, Roadblocks Looming" says now that economic indicators are credit markets are returning to levels seen before Lehman's melt down in Sept., why isn't the market even higher than it is up. the Dow Jones Industrial Averae's rally of 42% since March 9 still leaves it down 18% from 11421.99 on 9/12 the last trading day before Lehman filed bankruptcy and errill Lynch was sold to BAC Bank of Am.

WSJ pC1 "Ahead of The Tape" Why These Stocks Ae a House of Cards" says this week should bring more signs that housing is improving and it also might be a good time to unload HD Home Depot and Lowes saying HD reports Tues. Analysts think it earned 0.59 a share down 17% from 0.71 a year ago. HD is up 52% since March 9 compared with 42% for the Dow Jones Industrial Average.

T $25.45 -0.03 0.12% 18,166,935 NYSE: NYT pB6 "AT&T and 8,900 Eelctrical Workers in a Tentative Deal" says T said Sun that it had reached a tentative agreement on new contract terms with the Internat'l Brotherhood of Eelctrical Workers on core wireline contracts.

NYT pB6 "Cost Matters Cost For Phone Buyers" says that for people who signed new T cotnracts in the first quarter, 23% said the specific handset model was important to them, compared with only 5% for those at other carriers.

Amex AXP $31.72 -0.26 0.81% 7,472,479 NYSE: No mentions found.

Alcoa AA $13.27 -0.44 3.21% 34,959,724 NYSE: No mentions found.

Bank of Am BAC $17.39 +0.39 2.29% 296,828,316 NYSE: WSJ pC1 "after Dow's 42% Run, Roadblocks Looming" says now that economic indicators are credit markets are returning to levels seen before Lehman's melt down in Sept., why isn't the market even higher than it is up. the Dow Jones Industrial Averae's rally of 42% since March 9 still leaves it down 18% from 11421.99 on 9/12 the last trading day before Lehman filed bankruptcy and errill Lynch was sold to BAC Bank of Am.

WSJ pC3 "Cuomo Seen Filing Suit Against Schwab" says several large Wall Street firms have already settled with regulators, agreeing to buy back more than $60 bil in auction-rate securities from customers due to alleged fraud including BAC's Merrill Lynch, and JPM JPMorgan.

Caterpillar CAT $46 -1.17 2.48% 9,000,761 NYSE: No mentions found.

Chevron CVX $68.63 +0.10 0.15% 8,596,236 NYSE: No mentions found.

CSCO $21.31 -0.20 0.93% 34,516,411 NASDAQ-GS: No mentions found.

Coke KO $48.47 +0.35 0.73% 7,190,446 NYSE: No mentions found.

Disney DIS $25.86 -0.40 1.52% 8,712,002 NYSE: WSJ pB7 "ESPN Makes Bid for UK Market - Sports Broadcaster Launches Coverage of Premier League Soccer" says that Dis' ESPN is attempting to sue soccer broadcasts to crack a UK market that so far has eluded it. ESPN has 46 networks and 200 million household subscriptions outside the US but hasn't penetrated the European market. In the UK its two networks, ESPN Classic shows mostly reboradcasts of vintage events and ESPON America focuses on American sports and has a "very low profile".

Dupont DD $32.36 -0.87 2.62% 6,310,210 NYSE: No mentions found.

ExxonMobil XOM $68.21 -0.54 0.79% 17,823,667 NYSE: No mentions found.

GE $13.92 -0.18 1.28% 64,149,929 NYSE: No mentions found.

Hewlett-Packard HPQ $44.09 -0.26 0.59% 11,379,524 NYSE: WSJ pC2 says HPQ will report earnings on Tues. Fin Times p20 says HPQ, the wrold's largest computer maker, is expected to report an increase in 3Q profit on slightly lower sales.

Home Depot HD $27.14 -0.54 1.95% 15,472,823 NYSE: WSJ pC1 "Ahead ofThe Tape" Why These Stocks Ae a House of cards" says this week should bring more signs that housing is improving and it also might be a good time to unload HD Home Depot and Lowes saying HD reports Tues. Analysts think it earned 0.59 a share down 17% from 0.71 a year ago. HD is up 52% since March 9 compared with 42% for the Dow Jones Industrial Average. Fin Times p20 reports similar infom.

Intel INTC $18.77 -0.28 1.47% 42,846,164 NASDAQ-GS: No mentions found.

IBM $118.57 -1.01 0.84% 4,625,663 NYSE: Inv Bus daily pA5 in a story about Solarwinds Inc. selling its network management software over the Internet says major tec names liek IBM and HPQ sells network management frameworks tha sprinkle hundreds or thousands of devices around the network, monitoring every aspect of the system.

JPM Morgan JPM $42.45 -0.45 1.05% 37,867,877 NYSE: WSJ pC3 "Cuomo Seen Filing Suit Against Schwab" says several large Wall Street firms have already settled with regulators, agreeing to buy back more than $60 bil in auction-rate securities from customers due to alleged fraud including BAC's Merrill Lynch, and JPM JPMorgan.

Fin Times p13 "JPMorgan calsl for BarCap scrutiny" says JPM asked the Financial Services Authority UK to review a huge compensation package being offered to lure one of its star proprietary traders, Todd Edgar, a commodities trading specialist and 4 of his team, by Barclays Capital, the investment banking arm of Barclasys.

Johnson & Johnson JNJ $60.08 -0.24 0.4% 8,612,530 NYSE: No mentions found.

Kraft KFT $28.1 -0.25 0.88% 6,563,979 NYSE: WSJ pB7 in an article about how companies disclose executive compensation compared to their "peers" it says that tootsie Roll Industries, Inc. considers KFT Kraft its peer even though Tootsie posted $496 mil in sales last year and KFT's sales total $42.2 bil, about 85 times as much.

McDonald's MCD $55.27 -0.51 0.91% 7,550,918 NYSE: No mentions found.

Merck MRK $30.98 unch unch 15,905,717 NYSE: No mentions found.

Microsoft MSFT $23.692 +0.072 0.3% 45,508,512 NASDAQ-GS: WSJ pA5 "Cyber Attacks on Georgia [Russia] Used Facebook, Twitter, Stolen IDs" says Russian hackers hijacked American identities and US software tools and attacked government Web sites in Georgia during the war between Russia and Georgia last year saying the hackers refashioned common MSFT software into a cyber-weapon.

Inv Bus Daily pA1 "Many Battlefronts Are Emerging In War of Google Vs. Microsoft - Tech's premier rivalry has escalaed in 5 years since seach firm's IPO" says since Google went pulic in '04 its rivalry with MSFT has increased.

Pfizer PFE $15.77 -0.03 0.19% 32,884,551 NYSE: No mentions found.

PG $52.37 +0.07 0.13% 11,003,848 NYSE: No mentions found.

MMM $71.32 -1.28 1.76% 3,503,949 NYSE: No mentions found.

TRV $47.25 -0.22 0.46% 3,841,878 NYSE: No mentions found.

UTX $57.21 -0.19 0.33% 4,287,668 NYSE: No mentions found.

VZ $31.08 +0.04 0.13% 7,607,176 NYSE: No mentions found.

Wal-Mart WMT $51.79 -0.09 0.17% 17,012,035 NYSE: no mentions found.