Post #41 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 9256.26 down 24.71 or 0.27% from Thursday's close of 9280.97. Of the 30 Dow Companies: 14 gained and 16 declined with the biggest loser being CSCO $22.308 +0.138 0.62% 83,259,817 NASDAQ-GS and the biggest gainer being BA Boeing $45.52 +1.49 3.38% 10,206,415 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 1224.78 down 3.27 down 5.19 from Wednesday's closing Dow numerator of 1228.05. 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 5.19 by the divisor you get 24.71, the decrease in Thursday's Dow close.
The average closing price (the closing numerator divided by 30) of Thursday's Dow Jones Industrial Average was 40.83 down 0.11 from Wednesday's Dow Jones Industrial Average closing price of 40.94. The median closing price of Thursday's Dow Jones Industrial Average was 36.61 down 0.32 from Wednesday's Dow Jones median closing price of 36.93.
The highest closing price Thursday again was IBM $117.38 -1.09 0.92% 6,002,987 NYSE and the lowest closing price Thursday again was Alcoa AA $$12.8 -0.48 3.61% 58,165,722 NYSE.
The lowest volume Thursday was MMM $72.4 -0.57 0.79% 4,296,463 NYSE and the highest volume again was BAC BofAm $16.7 +0.04 0.24% 459,860,771 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 lost $330 ($122,820 - $122,490).
Thursday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
T $25.55 -0.18 0.7% 25,760,337 NYSE
AA $12.8 -0.48 3.61% 58,165,722 NYSE
AXP $31.31 +0.95 3.13% 28,313,784 NYSE
BAC $16.7 +0.04 0.24% 459,860,771 NYSE
BA $45.52 +1.49 3.38% 10,206,415 NYSE
CAT $47.14 +0.50 1.07% 12,241,593 NYSE
CVX $69.25 -0.54 0.77% 8,654,792 NYSE
CSCO $22.308 +0.138 0.62% 83,259,817 NASDAQ-GS
KO $49.39 +0.22 0.45% 6,905,780 NYSE
DIS $25.37 +0.10 0.4% 9,125,828 NYSE
DD $32.46 +0.38 1.18% 9,072,673 NYSE
XOM $69.73 -0.30 0.43% 17,360,774 NYSE
GE $14.31 +0.32 2.29% 120,079,784 NYSE
HPQ $42.21 -1.05 2.43% 17,011,691 NYSE
HD $26.54 +0.21 0.8% 13,754,416 NYSE
INTC $18.7 -0.16 0.85% 66,764,376 NASDAQ-GS
IBM $117.38 -1.09 0.92% 6,002,987 NYSE
JPM $40.75 -1.03 2.47% 54,126,110 NYSE
JNJ $59.93 -0.52 0.86% 10,834,887 NYSE
KFT $28.36 +0.03 0.11% 6,375,342 NYSE
MCD $54.84 -0.25 0.45% 10,247,711 NYSE
MRK $29.36 -0.25 0.84% 10,972,712 NYSE
MSFT $23.46 -0.35 1.47% 59,655,045 NASDAQ-GS
PFE $15.79 -0.08 0.5% 38,096,032 NYSE
PG $51.46 -2.45 4.54% 29,364,450 NYSE
MMM $72.4 -0.57 0.79% 4,296,463 NYSE
TRV $46.78 -0.20 0.43% 5,174,150 NYSE
UTX $55.06 -0.84 1.55% 6,059,182 NYSE
VZ $30.96 +0.31 0.99% 14,840,949 NYSE
WMT $48.98 +0.22 0.45% 16,211,001 NYSE