8/4/09 pm Dow Closes up 33.63 +0.36% to 9320.12

Post #37 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 Tuesday at 9320.19 up 33.63 or 0.36% from Monday's close of 9286.95. Of the 30 Dow Companies: 16 gained and 14 declined with the biggest loser being CSCO Cisco $22.44 -0.131 0.58% 54,276,205 NASDAQ-GS and the biggest gainer being CAT Caterpillar $47.89 +2.77 6.14% 25,240,266 NYSE.

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

Tuesday's Dow Jones Industrial Average closing numerator was 1233.24 up 4.45 from Monday's closing Dow numerator of 1228.79. 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 4.45 by the divisor you get 33.63, the increase in Monday's Dow close.

The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was 41.11 up 0.15 from Monday's Dow Jones Industrial Average closing price of 40.96. The median closing price of Tuesday's Dow Jones Industrial Average was $36.17 up 0.35 Monday's Dow Jones median closing price of 35.82.

The highest closing price Tuesday again was IBM $119.6 -0.32 0.27% 4,949,196 NYSE and the lowest closing price Tuesday again was Alcoa AA $12.84 +0.24 1.9% 42,743,943NYSE.

The lowest volume Tuesday was MMM $ $72.03 -0.11 0.15% 4,763,518 NYSE and the highest volume again was BAC BofAm $$15.649 +0.329 2.15% 352,702,429 NYSE.

If Tuesday 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 $444($123,324 - $122,880).

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

T $26.27 +0.04 0.15% 19,657,093 NYSE
AA $12.84 +0.24 1.9% 42,743,943 NYSE
AXP $28.71 +0.06 0.21% 12,421,814 NYSE
BAC $15.649 +0.329 2.15% 352,702,429 NYSE
BA $44.16 +0.37 0.84% 5,907,238 NYSE
CAT $47.89 +2.77 6.14% 25,240,266 NYSE
CVX $70.41 +0.01 0.01% 9,547,923 NYSE
CSCO $22.44 -0.131 0.58% 54,276,205 NASDAQ-GS
KO $49.5 -0.10 0.2% 8,742,995 NYSE
DIS $25.64 +0.12 0.47% 9,968,169 NYSE
DD $32.13 +0.23 0.72% 6,498,340 NYSE
XOM $70.6 -0.05 0.07% 18,196,669 NYSE
GE $13.82 +0.10 0.73% 113,664,403 NYSE
HPQ $43.42 +0.04 0.09% 14,296,480 NYSE
HD $26.29 -0.03 0.11% 10,356,689 NYSE
INTC $19.32 -0.05 0.26% 45,434,594 NASDAQ-GS
IBM $119.6 -0.32 0.27% 4,949,196 NYSE
JPM $40.21 +0.61 1.54% 42,306,972 NYSE
JNJ $61.06 -0.04 0.07% 8,763,848 NYSE
KFT $28.34 +0.14 0.5% 8,468,762 NYSE
MCD $55.01 -0.12 0.22% 11,693,906 NYSE
MRK $29.84 -0.18 0.6% 14,948,164 NYSE
MSFT $23.77 -0.06 0.25% 47,204,293 NASDAQ-GS
PFE $16.07 +0.03 0.19% 47,291,173 NYSE
PG $55.46 -0.15 0.27% 10,218,468 NYSE
MMM $72.03 -0.11 0.15% 4,763,518 NYSE
TRV $46.26 +1.24 2.75% 6,129,221 NYSE
UTX $54.79 -0.39 0.71% 6,106,023 NYSE
VZ $31.86 -0.17 0.53% 10,524,679 NYSE
WMT $49.85 +0.01 0.02% 18,194,199 NYSE

THE FOLLOWING APPEARED IN TUESDAY MORNING'S BLOG:

A read of Tuesday's 8/4/09 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.

Today's big story is the lead article above the fold on WSJ pA1 "BofA Hit by Fine Over Merrill Bank Pays SEC $33 Million in Bonus Dispute; Sallie Krawcheck Hired in Shake-up," also Fin Times p1, NYT pB1 & pB7 (re: hiring Sallie Krawcheck), USA Today p1B and AJC pA8 that says the fine settles a civil lawsuit alleging that BAC BofA misled shreholders about billions of dollars in bonuses promised to Merrill Lynch employees when it bought Merrill at the height of the financial crisist last year. CEO Kenneth D. Lewis is fighting to hold onto his job until his planned retirement in 2 years, launched on Monday a five way competition to succeed him with a management shake up that included hiring former Citigroup CFO Sallie Krawcheck. BAC, the largest US bank in assets and 17th ranked among the Dow Jones Industrial Average 30 components with approximately $90 billion in float, neither admitted nor denied wrongdoing in settling the lawsuit.

WSJ pC1 "Treasury To Borrow Less Than expected" says the Treasury said it will borrow less in 3Q because banks repaid $70 billion of gov. aid under the Troubled Asset Relief Program including JPM JPMorgan.

Inv. Bus Daily has a story about Goldman Sachs at pA5 "Banking Giant Stands Tall Amid Wreckage of Financial Industry" mentions Bear Stearns forced merger with JPM and BAC's acquisition of Merrill Lynch.

WSJ pC10 "Heard on the Street" says PFE CEO Jeff Kindler dismissed the possibility of a megamerger for years but switched his tone only weeks before news of PFE's acquisition of Wyeth deal broke.

WSJ pB3 "Head of Merck Vaccine Unit Retires Early as Deal Looms" says a top MRK exec, Margaret McClynn, once viewed as a candidate to become ceo of MRK retired, signaling a management shake up shead of MRK's planned purchase of Schering-Plough.

WSJ pB3 in a small item about Avastin approved by FDA for use in kidney cancer said that its producer, Roche, competes with PFE Pfizer in drugs for kidney cancer. Similar story at Inv Bus. Daily pA2

USA Today p1B and AJC pA8 report that MRK Mercks settled for $80 million another lawsuit over its withdrawn painkiller Vioxx. There are about 190 other lawsuits.

WSJ pB1 in a story about Google's CEO Eric Schmidt resigning from Apple's board says on Friday the FCC sent letters to Apple, Google and T AT&T, Applie's iPhone partner in the US, seeking more information on a recent rejection by Apple of Google Internet telephony software of the iPhone. Similar story at Inv Bus Dly pA4.

WSJ pB7 in a story about Marathon Oil's profit dropping says XOM Exxon Mobil also recently posted poor results.

Inv Bus Daily pA2 "StatCounter: Bing takes share" says MSFT's new Bing search engine had 9.41% of US Web search market in July up from 8.23% in June and also says MSFT published a case study online telling software developers how to convert iPhone applications to MSFT's Windows Mobile platform.

Inv Bus Dly pA4 "Low Cost Netbooks May Fit The Budget For College Students" says netbook makers include HPQ Hewlett Packard.

The following is a ranking of all Dow Jones Industrial Average 30 Companies based on the value of their outstanding shares as of close of the Dow on Thursday July 30, 2009 with the market value rounded to the nearest billion.

Rank/Dow Company Symbol & Name Value of Float in Billions # of Shares Outstanding

1. XOM Exxon Mobil $345 Billion 4,879,710,000
2. MSFT Microsfot $212 Billion 8,899,720,000
3. WMT Wal-Mart $195 Billion 3,896,618,000
4. JNJ Johnson & Jo $170 Billion 2,755,566,000
5. PG Procter & Gam $164 Billion 2,914,702,000
6. IBM $158 Billion 1,341,678,000
7. T AT&T $155 Billion 5,900,000,000
8. JPM JP Morgan Chas $145 Billion 3,759,160,000
9. GE $139 Billion 10,589,575,000
10. CVX Chevron $136 Billion 2,004,672,000
11. CSCO Cisco $127 Billion 5,767,881,000
12. KO Coke $115 Billion 2,314,998,000
13. INTC Intel $108 Billion 5,585,000,000
14. PFE Pfizer $108 Billion 6,747,979,000
15. HPQ Hewlett-Packa $102 Billion 2,386,262,000
16. VZ Verizon $92 Billion 2,840,574,000
17. BAC Bank of Ameri $89 Billion 6,402,966,000
18. MRK Merck $63 Billion 2,108,669,000
19. MCD McDonald's $61 Billion 1,103,243,000
20. UTX United Techn $51 Billion 941,273,000
21. DIS Walt Disney $49 Billion 1,856,752,000
22. MMM 3M $49 Billion 694,384,000
23. HD Home Depot $44 Billion 1,703,395,000
24. KFT Kraft $42 Billion 1,472,743,000
25. AXP American Exp. $33 Billion 1,167,625,000
26. BA Boeing $31 Billion 726,432,000
27. DD DuPont $28 Billion 903,608,000
28. CAT Caterpillar $26 Billion 601,752,000
29. TRV Travelers $25 Billion 585,430,000
30. AA Alcoa $11 Billion 974,276,000
Here are the latest SEC filings as of 7/15/09 other than ownership filings and, except for certain cases, I do not include third party shareholder proposals:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

T AT&T 6/30/09 11K Annual Report of Employee Stock Purchase Plan
AA Alcoa 7/13/09 8K 2nd Quarter Earnings Results
AXP 6/30/08 8K Settlement w/FDIC re: convenience checks
BAC Bank of Am 7/1/09 8A Regis. of Securities
BA Boeing 7/7/09 8K Acquisition of Vought Aircraft
CAT Caterpiller 6/23/09 11K Annual Report of Employee Stock Purchase Plan
CSCO Cisco 6/2/08 S8 Regis. of securities to employees
KO Coke 6/25/09 11K Annual Report of Employee Stock Purchase Plan
DIS Disney 6/26/09 11K Annual Report of Employee Stock Purchase Plan
DD DuPont 6/29/09 11K Annual Report of Employee Stock Purchase Plan
XOM Exxon 6/24/09 11K Annual Report of Employee Stock Purchase Plan
GE 6/25/09 11K Annual Report of Employee Stock Purchase Plan
HPQ Hewlett-Pack 6/30/09 11K Annual Report of Employee Stock Purchase Plan
HD Home Depot 6/29/09 11K Annual Report of Employee Stock Purchase Plan
INTC Intel 7/14/09 8K Financial results 3rd quarter
IBM 6/29/09 11K Annual Report of Employee Stock Purchase Plan
JPM JPMorgan 7/14/09 Freewriting Prospectus
JNJ Johnson 6/28/09 8K Press release re: financial results
KFT Kraft 6/22/09 8K re: personnel changes
MCD McDonalds 6/22/09 Prospectus
MRK Merck 7/1/09 8K Closing of sale of notes
MSFT Microsoft 6.29.09 11K Annual Report of Employee Stock Purchase Plan
PFE Pfizer 6/29/09 11K Annual Report of Employee Stock Purchase Plan
PG Procter Gam 7/13/09 8K re: 0.44 dividend
MMM 3M 7/7/09 8K settlement of shareholder derivative suit
TRV Travelers 6/24/09 11K Annual Report of Employee Stock Purchase Plan.
UTX United Tech 6/26/09 11K Annual Report of Employee Stock Purchase Plan
VZ Verizon 6/29 11K Annual Report of Employee Stock Purchase Plan
WMT Wal-Mart 6/5/09 10Q

Here are the CEOs of the Dow 30 Companies:

T Randall L. Stephenson
AA Klaus Kleinfeld
AXP Kenneth I. Chenault
BAC Kenneth D. Lewis
BA W. James McNerney, Jr.
CAT James W. Owens
CVX David O'Reilly
CSCO John Chambers
KO Muhtar Kent
DIS Rogert Iger
DD Ellen Kullman
XOM Rex W. Tillerson
GE Jeffrey R. Immelt
HPQ Mark Hurd
HD Frank Blake
INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPM Jamie Dimon
JNJ William C. Weldon
KFT Irene Rosenfeld
MCD Jim Skinner
MRK Robert Clark
MSFT Steve Ballmer
PFE Jeffrey Kindler
PG Bob McDonald
MMM George W. Buckley
TRV Jay S. Fishman
UTX Louis Chenevert
VZ Ivan Seidenberg
WMT Mike Duke