The following is not intended as advertising by a broker-dealer and is not a research report.
Post #147 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 9/25/09, a list of the Dow 30 CEO's and a ranking of the Dow 30 by market capitalization.
The Dow Jones Industrial Average closed Wednesday at 9725.58 down 5.67 or 0.06% from Tuesday's close of 9719.61. Of the 30 Dow Companies: 12 declined and 18 gained. The biggest gainer % wise was AA $14.2 +0.31 2.23% 46,179,915 NYSE and dolalr wise was IBM $122.78 +1.43 1.18% 5,755,612 NYSE.
The current divisor for the Dow found at today's page C4 of The Wall St. Jrnl is .132319125 unchanged where it is also noted that as of open today the Dow's trailing P/E ratio is 15.31, its P/E estimate is 15.32 and its Dividend yield is 2.94.
Wednesday's Dow Jones Industrial Average closing numerator was 1286.09 down 1.54 from Tuesday's closing Dow numerator of 1287.63. 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 1.54 by the divisor you get 5.67, the decrease in Monday's Dow close.
The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was 42.87 down .05 42.92 up 0.58 from Tuesday's Dow Jones Industrial Average closing price of 42.92. The median closing price of Wednesday's Dow Jones Industrial Average was 39.85 39.21 up 0.64 from Thuesday's Dow Jones median closing price of 39.21.
The highest closing price Wednesday again was IBM $122.78 +1.43 1.18% 5,755,612 NYSE and the lowest closing price Monday again was Alcoa AA $14.2 +0.31 2.23% 46,179,915 NYSE.
The lowest volume Wednesday again was 3M MMM $73.14 -0.79 1.07% 3,147,613 NYSE and the highest volume again was Bank of Am BAC $17 +0.04 0.24% 195,354,732 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 $1,740.
($128,760 - $127,020)
Wednesday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
T $26.18 -0.97 3.57% 38,124,530 NYSE
AA $14.2 +0.31 2.23% 46,179,915 NYSE
AXP $33.99 +0.47 1.4% 8,601,231 NYSE
BAC $17.35 +0.35 2.06% 150,750,329 NYSE
BA $51.79 -0.50 0.96% 3,638,393 NYSE
CAT $51.9 +0.20 0.39% 7,406,895 NYSE
CVX $70.51 -0.05 0.07% 6,854,856 NYSE
CSCO $23.61 +0.26 1.11% 43,142,654 NASDAQ-GS
KO $54.81 +0.49 0.9% 10,321,467 NYSE
DIS $28.17 -0.01 0.04% 6,838,413 NYSE
DD $31.78 -0.11 0.34% 4,714,691 NYSE
XOM $68.67 +0.01 0.01% 15,135,524 NYSE
GE $16.16 +0.08 0.5% 60,370,172 NYSE
HPQ $46.56 -0.45 0.96% 10,888,211 NYSE
HD $26.14 -0.15 0.57% 13,397,155 NYSE
INTC $19.75 +0.12 0.61% 49,327,825 NASDAQ-GS
IBM $122.78 +1.43 1.18% 5,755,612 NYSE
JPM $45.7 -0.79 1.76% 35,632,416 NYSE
JNJ $60.71 -0.42 0.7% 7,230,461 NYSE
KFT $26.05 -0.04 0.15% 7,744,578 NYSE
MCD $57.14 -0.30 0.52% 7,265,795 NYSE
MRK $32.19 -0.32 0.98% 11,233,885 NYSE
MSFT $25.1 -0.01 0.04% 37,276,003 NASDAQ-GS
PFE $16.69 -0.09 0.54% 41,722,708 NYSE
PG $56.95 -0.08 0.14% 7,562,707 NYSE
MMM $73.14 -0.79 1.07% 3,147,613 NYSE
TRV $48.93 -0.60 1.21% 5,130,670 NYSE
UTX $61.07 -0.42 0.68% 2,354,839 NYSE
VZ $29.38 -0.79 2.62% 18,631,930 NYSE
WMT $49.49 -0.01 0.02% 11,589,691 NYSE