8/3/09 pm Dow Soars 114.95 +1.25% to close at 9286.56

Post #35 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 closed Monday at 9286.95 up 114.95 or 1.25% from Friday's close of 9171.61. Of the 30 Dow Companies: 25 gained, one unchanged (T AT&T) and 4 declined with the biggest loser being KO Coke $49.6 -0.24 0.48% 9,141,019 NYSE and the biggest gainer being IBM $119.92 +1.99 1.69% 6,104,695 NYSE.

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

Monday's Dow closing numerator was 1228.79 up 15.21 from Friday's closing Dow numerator of 1213.58. 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 15.21 by the divisor you get 114.95, the increase in Monday's Dow close.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones was 40.96 up 0.51 from Monday's Dow Jones Industrial Average closing price of 40.45. The median closing price of Monday's Dow Jones Industrial Average was 35.82 up 0.46 Friday's Dow Jones median closing price of 35.36.

The highest closing price Monday again was IBM $119.92 +1.99 1.69% 6,104,695 NYSE and the lowest closing price Monday again was Alcoa AA $12.6 +0.84 7.14% 51,935,640 MYSE.

The lowest volume Monday was MMM $72.14 +1.62 2.3% 5,568,017 NYSE and the highest volume again was BAC BofAm $15.32 +0.53 3.58% 463,133,390 NYSE.

If Monday morning before the market opened you had purchased $100 of each of the Dow 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $1,530 ($122,880 - $121,350).

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

T $26.23 unch unch 34,109,829 NYSE
AA $12.6 +0.84 7.14% 51,935,640 NYSE
AXP $28.65 +0.32 1.13% 13,503,617 NYSE
BAC $15.32 +0.53 3.58% 463,133,390 NYSE
BA $43.79 +0.88 2.05% 6,014,674 NYSE
CAT $45.12 +1.06 2.41% 12,253,678 NYSE
CVX $70.4 +0.93 1.34% 13,207,501 NYSE
CSCO $22.571 +0.561 2.55% 60,675,197 NASDAQ-GS
KO $49.6 -0.24 0.48% 9,141,019 NYSE
DIS $25.52 +0.40 1.59% 18,058,244 NYSE
DD $31.9 +0.97 3.14% 6,670,232 NYSE
XOM $70.65 +0.26 0.37% 24,735,143 NYSE
GE $13.72 +0.32 2.39% 98,844,588 NYSE
HPQ $43.38 +0.08 0.18% 13,332,294 NYSE
HD $26.32 +0.38 1.46% 12,006,037 NYSE
INTC $19.37 +0.12 0.62% 44,139,596 NASDAQ-GS
IBM $119.92 +1.99 1.69% 6,104,695 NYSE
JPM $39.6 +0.95 2.46% 42,845,787 NYSE
JNJ $61.1 +0.21 0.34% 11,128,842 NYSE
KFT $28.2 -0.14 0.49% 10,939,602 NYSE
MCD $55.13 +0.07 0.13% 10,604,559 NYSE
MRK $30.02 +0.01 0.03% 15,502,221 NYSE
MSFT $23.83 +0.31 1.32% 46,820,779 NASDAQ-GS
PFE $16.04 +0.11 0.69% 50,410,854 NYSE
PG $55.61 +0.10 0.18% 11,216,409 NYSE
MMM $72.14 +1.62 2.3% 5,568,017 NYSE
TRV $45.02 +1.95 4.53% 6,294,572 NYSE
UTX $55.18 +0.71 1.3% 6,219,047 NYSE
VZ $32.03 -0.04 0.12% 14,199,978 NYSE
WMT $49.84 -0.04 0.08% 15,182,238 NYSE

THE FOLLOWING APPEARED IN MONDAY MORNING'S BLOG:

A read of Monday's 8/3/09 print editions of: Wall Street Journal, Investors Business Daily, Financial Times, USA Today, and Atl Journal Const yielded the following stories about Dow Jones 30 component companies:

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

NYT pB2 says the following Dow Jones Industrial Average companies will be reporting earnings this week: KFT Kraft (Tues.), CSCO Cisco & PG Procter & Gamble (Wed.). Fin Times p18 forecasts KFT's earnings at 0.53, CSCO's at 0.28 and PG's at 0.79.

WSJ pA3 "Drug, Energy Firms Buck Lobbying Decline" says PFE Pfizer spent $5.6 million in 2Q up 82% from the quarter last year. CVX Chevron and other oial and gas copanies increased spening on lobbying and XOM Exxon Mobil cut quarterly lobby expenses b 16% from the same period in '08 to $4.3 million.

Inv Bus. Daily pA7 "Winning The Contest Of Ideas Companies offer cash prizes to create new tech and business innovations" says CSCO Cisco is an example of a company using cash prizes to spur technology and business innovations.

WSJ pB1 "NBC Bets on Gaspin to Remake Prime Time" says NBC Universal, owned 80% by GE and 20% by Vivendi SA has elevated Jeff Gaspin to Chairman of its entertainment-television businesses and his job will be to fix the ailing broadcast network.

Fin Times p10 has an item "Yahoo/Microsoft" in the Lex column that says Yahoo is not guaranteed any revenues under the internet seach aprtneship w/MSFT and says it will be years before Yahoo can prove this is a good deal for it. Related story at NYT pB1 "Out of Search Business, Yahoo Shifts Its Focus."

NYTimes pB2 "WAll St. Meets Charlotte Culture" says NY Atty Gen'l Andrew Cuomo is causing BAC BofAm problems due to his investigation of the million bonuses paid to BAC's Merrill Lyncn.

NYT pB2 "Bad Loans at GE" says GE has set aside reserves against losses of about 1.2% of its $38 billion of leveraged loans and mentions that JPM JPMorgan Chase doesn't let borrowers off the hook easily.

Only mention in USA Today of Dow Jones Industrial Average companies is at p6B "Market trends" where it lists the tops stocks in various industry groups.

THE FOLLOWING APPEARED IN MONDAY MORNING'S BLOG: