The following is not intended as advertising by a broker-dealer and is not a research report.
Post #87 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. Towards the end of this Blog is an update of the Dow 30's most recent SEC filings.
The Dow Jones Industrial Average closed Wednesday at 9280.67 down 29.93 or 0.32% from Tuesday's close of 9310.6. Of the 30 Dow Companies: 6 gained and 24 declined with the biggest loser being Merck MRK $30.81 -0.98 3.08% 13,581,153 NYSE and the biggest gainer being Coke KO $49.8 +1.27 2.62% 20,299,662 NYSE.
The current divisor for the Dow found at today's page C4 of The Wall St. Jrnl is .132319125 unchanged.
Wednesday's Dow Jones Industrial Average closing numerator was 1228.01 down 3.96 from Tuesday's closing Dow numerator of 1231.97. 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 3.96 by the divisor you get 29.93, the decrease in Tuesday's Dow close.
The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was 40.93 down 0.14 from Tuesday's Dow Jones Industrial Average closing price of 41.07. The median closing price of Wednesday's Dow Jones Industrial Average was 36.41 down 0.42 from Tuesday's Dow Jones median closing price of 36.83.
The highest closing price Wednesday again was IBM $116.09 -0.60 0.51% 4,984,457 NYSE and the lowest closing price Wednesday again was Alcoa AA $11.55 -0.04 0.35% 25,876,750 NYSE.
The lowest volume Wednesday again was MMM $70.58 +0.46 0.66% 3,257,967 NYSE and the highest volume again was BAC $16.27 -0.19 1.15% 228,211,647 NYSE.
If Wednesday 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 $420
($123,210 - $122,790)
Wednesday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
T $25.37 +0.01 0.04% 29,262,979 NYSE
AA $11.55 -0.04 0.35% 25,876,750 NYSE
AXP $31.95 -0.03 0.09% 11,323,432 NYSE
BAC $16.27 -0.19 1.15% 228,211,647 NYSE
BA $48.4 -0.37 0.76% 3,832,863 NYSE
CAT $43.51 -0.33 0.75% 8,853,073 NYSE
CVX $68.04 -0.44 0.64% 8,058,072 NYSE
CSCO $21.55 +0.38 1.79% 40,196,022 NASDAQ-GS
KO $49.8 +1.27 2.62% 20,299,662 NYSE
DD $31.06 +0.01 0.03% 5,615,414 NYSE
DIS $25.4 -0.28 1.09% 14,764,033 NYSE
XOM $68.18 -0.23 0.34% 16,287,425 NYSE
GE $13.2 -0.14 1.05% 69,983,171 NYSE
HPQ $44.25 +0.38 0.87% 16,139,204 NYSE
HD $26.53 -0.21 0.79% 10,647,204 NYSE
INTC $19.47 -0.25 1.27% 41,502,044 NASDAQ-GS
IBM $116.09 -0.60 0.51% 4,984,457 NYSE
JPM $40.86 -0.81 1.94% 35,752,875 NYSE
JNJ $59.76 -0.18 0.3% 8,170,184 NYSE
KFT $28.01 -0.06 0.21% 7,122,698 NYSE
MCD $55.37 -0.27 0.49% 6,946,490 NYSE
MRK $30.81 -0.98 3.08% 13,581,153 NYSE
MSFT $23.86 -0.14 0.58% 40,701,255 NASDAQ-GS
PFE $16.28 -0.10 0.61% 39,837,517 NYSE
PG $52.8 -0.22 0.41% 8,795,322 NYSE
MMM $70.58 +0.46 0.66% 3,257,967 NYSE
TRV $49.15 -0.11 0.22% 4,272,265 NYSE
UTX $58.85 -0.21 0.36% 3,721,263 NYSE
VZ $30.14 -0.23 0.76% 10,769,511 NYSE
WMT $50.92 -0.05 0.1% 13,422,549 NYSE