The following is not intended as advertising by a broker-dealer and is not a research report.
Post #98 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 as of 9/4/09.
The Dow Jones Industrial Average closed Wednesday at 9547.22 up 49.88 or 0.53% up 56.07 or 0.59% from Tuesday's close of 9497.34. Of the 30 Dow Companies: 19 gained and 11 declined with the biggest loser being McDonalds MCD $55.09 -1.13 2.01% 17,731,578 NYSE and the biggest gainer being 3M MMM $73.18 +1.49 2.08% 4,757,853 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 1263.28 up 6.6 from Tuesday's closing Dow numerator of 1256.68. 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 6.6 by the divisor you get 49.88, the increase in Wednesday's Dow close.
The average closing price (the closing numerator divided by 30) of Wednesday's Dow Jones Industrial Average was 42.11 up 0.22 from Tuesday's Dow Jones Industrial Average closing price of 41.89. The median closing price of Wednesday's Dow Jones Industrial Average was 38.48 up 0.46 from Tuesday's Dow Jones median closing price of 38.02.
The highest closing price Wednesday again was IBM $116.76 -0.40 0.34% 5,210,043 NYSE and the lowest closing price Tuesday again was Alcoa AA $12.81 +0.21 1.67% 22,262,533 NYSE.
The lowest volume Wednesday again was Travelers TRV $49.14 +0.17 0.35% 4,524,421 NYSE and the highest volume again was Bank of Am BAC $17.04 +0.02 0.12% 153,713,942NYSE.
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 made $660
($126,330 - $125,670)
Wednesday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
T $25.94 +0.19 0.74% 18,972,797 NYSE
AXP $34.09 +0.60 1.79% 10,179,569 NYSE
AA $12.81 +0.21 1.67% 22,262,533 NYSE
BAC $17.04 +0.02 0.12% 153,713,942 NYSE
BA $50.53 +1.03 2.08% 5,872,877 NYSE
CAT $48.41 +1.44 3.07% 12,308,773 NYSE
CVX $70.33 -0.15 0.21% 7,937,513 NYSE
CSCO $22.23 +0.31 1.41% 44,539,303 NASDAQ-GS
KO $50.63 +0.22 0.44% 7,864,848 NYSE
DIS $26.95 +0.67 2.55% 18,882,532 NYSE
DD $31.36 -0.47 1.48% 9,013,077 NYSE
XOM $70.5 -0.15 0.21% 19,563,791 NYSE
GE $14.87 +0.37 2.55% 152,538,058 NYSE
HPQ $45.98 +0.51 1.12% 16,393,811 NYSE
HD $27.38 -0.10 0.36% 10,452,374 NYSE
INTC $19.93 +0.13 0.66% 48,206,153 NASDAQ-GS
IBM $116.76 -0.40 0.34% 5,210,043 NYSE
JPM $42.86 +0.32 0.75% 28,548,029 NYSE
JNJ $60.92 +0.35 0.58% 9,198,293 NYSE
KFT $26.85 +0.40 1.51% 18,085,480 NYSE
MCD $55.09 -1.13 2.01% 17,731,578 NYSE
MRK $31.55 +0.58 1.87% 12,350,110 NYSE
MSFT $24.78 -0.04 0.16% 49,270,425 NASDAQ-GS
PFE $16.17 -0.04 0.25% 39,982,091 NYSE
PG $53.76 -0.44 0.81% 11,015,963 NYSE
MMM $73.18 +1.49 2.08% 4,757,853 NYSE
TRV $49.14 +0.17 0.35% 4,524,421 NYSE
UTX $61.24 +0.86 1.42% 4,899,482 NYSE
VZ $30.89 -0.06 0.19% 15,247,679 NYSE
WMT $51.11 -0.29 0.56% 15,028,947 NYSE