7/7/10 Wed am Google vs Microsoft:: New Browser War

www.DowJonesMonitor.com

The following is not intended as advertising by a broker-dealer and is not a research report. Any comments by third-parties do not reflect the views of Intellivest Securities Research, Inc. and have not been reviewed by us for completeness or accuracy.

Post No. 520. The following is brought to you by Intellivest Securities Research, Inc. Toward the end of this Blog is a list of the Dow 30 current CEOs, a ranking of the Dow 30 components by market capitalization as of 6/4/10 and an update of the Dow 30 component's SEC filings as of 6/4/10.

A read of Wednesday's Wall Street Journal, Financial Times, Mon. New York Times, USA Today, Atlanta Journal Constitution & Daily Report (Georgia) yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol and Tuesday's stock prices and related data.

Dow: The Dow Jones Industrial Average closed Tuesday at 9,686.48 or 46.05 or 0.49% from Friday's close of 9,686.48. For the year the Dow is down 6.56%. Of the 30 Dow Companies: 22 gained, Johnson & Johnson was unchanged and 7 declined. The biggest gainer dollar-wise was IBM $123.46 +1.60 1.31% 6,332,145 NYSE and percentage-wise was Microsoft MSFT $23.82 +0.55 2.36% 73,570,781 NASDAQ-GS NYSE. The biggest decliner dollar-wise was Boeing BA $61.36 +0.58 0.94% 5,414,974 NYSE and percentage-wise was Home Depot HD $27.34 -0.42 1.51% 18,232,322 NYSE.

WSJ pC10 "Microsoft gives dow a boost" by Donna Yesalavich says stocks closed higher Tues, with Microsoft, Alcoa and Bank of America among the gainers, although continued concerns about global growth sapped some of the market's earlier gains. Limiting the gains, Home Depot dropped 1.5%, Boeing also was weak down 0.9% and American Express lost 0.5%. Microsoft was charted under good news while Boeing was charted under bad news.

WSJ pC1 "DJIA climbs 57.14 points, ending slide" by Jonathan Cheng says stocks eked out a gain on Tues, snapping a 7 session losing streak but showing little sign that the market has shaken off its recent malaise over global growth.

NYT pB8 "Despite anxiety, investors buy battered stocks to end 7 days of Dow losses" by Ap says the Dow ended a 7 day slide on Tues after traders picked up beaten down stocks.

Fin Times p22 "Early gains pared onr elease of weak services index data" by Masa Serdarevic says US stocks gave back most of their early gains yesterday after sharply rebounding from a 10 month low at the open, as a weak services index number weighed on investor sentiment.

USA Today p4B "Hopes for earnings growth lift stocks" by Bloomberg says stocks rallied Tues, pulling major indexes off their lows for the year, amid speculation that earnings growth will help stocks rebound from their lowest valuations since the bull market began in '09.

As of the open of the market Wednesday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132319125 unchanged, the trailing P/E ratio is 14.15 up from Tuesday's 14.06 (year ago it was 11.89) the P/E estimate is 11.95 unchanged from Tuesday's 11.95 (year ago it was 13.38) and the current dividend yield is 2.85 down from Tuesday's 2.87 (it was 3.46 a year ago). The Dow's all-time high was 14,164.53 on Oct. 9, 2007. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Tuesday's Dow Jones Industrial Average closing numerator was 1,289.27 up 7.56 from Friday's closing numerator of 1281.71. 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 of 7.56 for Tuesday by the divisor (0.132319125) you get the increase in Tuesday's Dow of 57.14. A $1 change in the price of any DJIA stock = a 7.56 change in the average.

The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was $42.97 up 0.25 from Friday's Dow Jones Industrial Average average closing price of $42.72. The median closing price of Tuesday's Dow Jones Industrial Average was $37.77 up $0.03 from Friday's median price of $37.74. The lowest volume was Travelers TRV $48.58 +0.04 0.08% 3,844,583 NYSE and the highest volume again was Bank of America BAC $14.06 +0.22 1.59% 119,796,493 NYSE.

If Tuesday morning before the market opened you had purchased 100 shares 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 $739 ($128,910 - $128,171).

MarketWatch 7/6/10 Tues. 5:18 pm by Kristina Peterson & Jonathan Cheng says the main U.S. stock benchmarks survived an afternoon challenge Tuesday, managing to hold on to gains and break multisession losing streaks after an earlier rally lost steam in the face of consumer discretionary losses and concerns over global growth. The day got off to a promising start, with the Dow Jones Industrial Average (DJIA 9,744, +57.14, +0.59%) up more than 170 points at one point. But those gains dwindled as investors eager to reverse last week's bruising selloff found it hard to brush off lingering doubts about the strength of the global economic recovery.
The Dow Jones Industrial Average finished up 57.14 points, or 0.6%, at 9743.62, to snap a seven-session losing streak. Alcoa (AA 10.00, -0.21, -2.06%) and Microsoft / (MSFT 23.27, -0.55, -2.31%) , which rose 2.1% and 2.4%, respectively, led the index. Consumer discretionary stocks were the main counterweight. Home Depot (HD 27.76, +0.42, +1.54%) fell 1.5%, Boeing (BA 61.94, +0.58, +0.95%) was off 0.9%, and American Express (AXP 39.42, +0.21, +0.54%) fell 0.5%. Investors said the session's gains reflected the market's desire to reverse course from last week, when stocks fell sharply as disappointing jobs and housing data fueled fears of a second-half slowdown in the U.S. economy. The Dow had fallen for seven consecutive sessions, including a 4.5% drop last week. The S&P 500 had dropped 5% during its own five-session swoon. The Nasdaq's gain Tuesday, too, was its first in six tries. Despite the finish in positive territory, investors remained focused on the flow of weak data in the past week, mostly out of the U.S., that has cast doubt on recent signs of recovery. A report Tuesday on nonmanufacturing economic activity was weaker than expected, though investors said it wasn't pronounced enough to offer a clear signal to the market. The Standard & Poor's 500 index (SPX 1,028, +5.48, +0.54%) finished up 5.48 points, or 0.5%, at 1,028.06. The Nasdaq (COMP 2,094, +2.09, +0.10%) barely eked out a gain, up 2.09 points, or 0.1%, at 2,093.88. The measure was dragged lower by its consumer-discretionary and materials sectors. Weighing on the consumer-discretionary sector, Office Depot (ODP 3.94, +0.05, +1.29%) declined 4.9% and Sears Holdings (SHLD 59.85, -0.29, -0.49%) fell 4%. AutoNation (AN 18.35, +0.05, +0.27%) slid 3.2%. Materials also reversed their morning gains, led by a 5.1% drop in Cliffs Natural Resources (CLF 44.62, +0.13, +0.29%) after the company said Spider Resources (CA:SPQ 0.19, 0.00, 0.00%) had broken off its agreement to merge with KWG Resources (CA:KWG 0.10, +0.01, +5.26%) and accepted Cliffs' offer to take over the company. Monsanto (MON 46.54, +1.42, +3.15%) was also weak, down 3.1%. Metals shares rally, pacing broader gains in equities, as comments by officials at Australia's central bank fueled speculation about world economic growth. Gains among energy and utilities stocks offset some of the benchmark index's losses. Oilfield-services company Baker Hughes (BHI 44.18, +0.25, +0.57%) rose 3.9% after agreeing to sell its Gulf of Mexico stimulation and sand-control business, which it was required to unload as a result of its purchase of BJ Services Co., for $55 million. American depositary shares of BP (BP 31.85, -0.06, -0.19%) rose 8.7% after the oil giant ended speculation by saying it wouldn't sell new shares to cover the costs of the oil spill in the Gulf of Mexico. Helping to fuel earlier gains in the Asian and European markets, the Reserve Bank of Australia left key interest rates unchanged but kept a door open for increases over time, which markets globally interpreted as a bullish signal of confidence in the growth outlook. Crude-oil prices settled below $72 a barrel, and small-cap stocks also slid. The Russell 2000 index of small-capitalization stocks slipped 1.5%, while demand for safe-haven Treasurys increased. The yield on the 10-year note (UST10Y 2.94, -0.04, -1.38%) dropped to 2.93%. However, gold futures declined. In currency markets, the dollar fell against both the yen and the euro, which was trading recently at $1.2616, up from $1.2540 in Monday trading during the U.S. holiday

AT&T T $24.41 +0.12 0.49% 35,975,659 NYSE:

Alcoa AA $10.21 +0.21 2.1% 29,358,665 NYSE: WSJ pC10 "Microsoft gives dow a boost" by Donna Yesalavich says stocks closed higher Tues, with Microsoft, Alcoa and Bank of America among the gainers, although continued concerns about global growth sapped some of the market's earlier gains. Limiting the gains, Home Depot dropped 1.5%, Boeing also was weak down 0.9% and American Express lost 0.5%. Microsoft was charted under good news while Boeing was charted under bad news.

Amex AXP $39.21 -0.21 0.53% 10,255,716 NYSE: WSJ pC10 "Microsoft gives dow a boost" by Donna Yesalavich says stocks closed higher Tues, with Microsoft, Alcoa and Bank of America among the gainers, although continued concerns about global growth sapped some of the market's earlier gains. Limiting the gains, Home Depot dropped 1.5%, Boeing also was weak down 0.9% and American Express lost 0.5%. Microsoft was charted under good news while Boeing was charted under bad news.

Bank of Am BAC $14.06 +0.22 1.59% 119,796,493 NYSE: WSJ pC10 "Microsoft gives dow a boost" by Donna Yesalavich says stocks closed higher Tues, with Microsoft, Alcoa and Bank of America among the gainers, although continued concerns about global growth sapped some of the market's earlier gains. Limiting the gains, Home Depot dropped 1.5%, Boeing also was weak down 0.9% and American Express lost 0.5%. Microsoft was charted under good news while Boeing was charted under bad news.

Boeing BA $61.36 +0.58 0.94% 5,414,974 NYSE: WSJ pC10 "Microsoft gives dow a boost" by Donna Yesalavich says stocks closed higher Tues, with Microsoft, Alcoa and Bank of America among the gainers, although continued concerns about global growth sapped some of the market's earlier gains. Limiting the gains, Home Depot dropped 1.5%, Boeing also was weak down 0.9% and American Express lost 0.5%. Microsoft was charted under good news while Boeing was charted under bad news.

Caterpillar CAT $59.81 +0.63 1.06% 9,328,672 NYSE:

Chevron CVX $67.56 +0.25 0.37% 14,985,551 NYSE:

CSCO $21.34 +0.21 0.99% 51,173,861 NASDAQ-GS: WSJ pB4 "Cisco's Rapping intern" profiles Greg Justice, the world's most interest intern.

Coke KO $50.43 +0.38 0.76% 9,111,665 NYSE:

Disney DIS $31.72 +0.34 1.08% 15,162,389 NYSE:

DuPont DD $34.05 -0.01 0.03% 12,956,878 NYSE:

Exxon XOM $57.46 +0.89 1.57% 36,805,844 NYSE:

GE $13.97 +0.09 0.65% 76,772,943 NYSE:

Hewlett-Packard HPQ $43.17 +0.36 0.84% 17,161,853 NYSE:

Home Depot HD $27.34 -0.42 1.51% 18,232,322 NYSE:

Intel INTC $19.481 +0.281 1.46% 60,650,399 NASDAQ-GS:

IBM $123.46 +1.60 1.31% 6,332,145 NYSE:

JPMorgan JPM $36.33 +0.50 1.4% 35,810,174 NYSE:

Johnson & Johnson JNJ $59.08 unch unch 15,404,369 NYSE:

KFT $28.25 +0.43 1.55% 10,720,306 NYSE:

McDonalds MCD $66.11 -0.03 0.05% 5,919,648 NYSE:

MRK $34.65 +0.43 1.26% 14,843,583 NYSE:

Microsoft MSFT $23.82 +0.55 2.36% 73,570,781 NASDAQ-GS: WSJ pB4 "Google restarts browser war" by Nick Wingfield says that its Chrome akes No. 3 spot and some say it cold threaten Firefox (which was designed by this blogger's nephew, Blake Ross.) The top browser currently is Microsoft's Internet Explorer.

WSJ pC10 "Microsoft gives dow a boost" by Donna Yesalavich says stocks closed higher Tues, with Microsoft, Alcoa and Bank of America among the gainers, although continued concerns about global growth sapped some of the market's earlier gains. Limiting the gains, Home Depot dropped 1.5%, Boeing also was weak down 0.9% and American Express lost 0.5%. Microsoft was charted under good news while Boeing was charted under bad news.

Pfizer PFE $14.29 +0.15 1.06% 71,843,650 NYSE:

Procter & Gamble PG $59.34 -0.04 0.07% 13,914,457 NYSE:

3M MMM $78.14 +0.47 0.61% 3,994,129 NYSE:

Travelers TRV $48.58 +0.04 0.08% 3,844,583 NYSE:

United Tech UTX $64.59 +0.30 0.47% 5,765,639 NYSE:

Verizon VZ $26.61 -0.20 0.75% 39,435,069 Dual Listed:

WalMart WMT $48.57 +0.57 1.19% 18,178,222 NYSE: USA Today p3B "Walmart's Sam's club gives small biz lending a try" by AP says it will offer loans of up to $25,000 to small biz members.
**********************
Here are the current CEOs of the Dow 30 Companies:

AT&T T Randall L. Stephenson
Alcoa AA Klaus Kleinfeld
American Express AXP Kenneth I. Chenault
Bank of America BAC Brian T. Moynihan
Boeing BA W. James McNerney, Jr.
Caterpillar CAT Douglas Oberhelman
Chevron CVX John Watson
Cisco CSCO John Chambers
Coca Cola KO Muhtar Kent
Disney DIS Robert Iger
DuPont DD Ellen Kullman
ExxonMobil XOM Rex W. Tillerson
GE Jeffrey R. Immelt
Hewlett-Packard HPQ Mark Hurd
Home Depot HD Frank Blake
Intel INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPMorgan Chase JPM Jamie Dimon
Johnson & Johnson JNJ William C. Weldon
Kraft KFT Irene Rosenfeld
McDonald's MCD Jim Skinner
Merck MRK Robert Clark
Microsoft MSFT Steve Ballmer
Pfizer PFE Jeffrey Kindler
Procter & Gamble PG Bob McDonald
3M MMM George W. Buckley
Travelers TRV Jay S. Fishman
United Technologies UTX Louis Chenevert
Verizon VZ Ivan Seidenberg
Wal-Mart WMT Mike Duke

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest 1/2 billion as of 6/4/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $283 [4.5]
2. Procter & Gamble PG 244.5 [4]
3. Microsoft MSFT 229 [9]
4. WalMart WMT 190.5 [4]
5. GE 168 [10.5]
6. IBM 161 [1]
7. Johnson & Johnson JNJ 160 [3]
8. Bank of America BAC 155.5 [10]
9. JPMorgan Chase 152 [4]
10. Chevron CVX 144 [2]
11. AT&T 143 [6]
12. Cisco CSCO 132 [6]
13. Pfizer PFE 120 [8]
14. Coke KO 119 [2.5]
15. Intel INTC 117 [5.5]
16. Hewlett-Packard HPQ 108.5 [2.5]
17. Merck MRK 104 [3]
18. Verizon VZ 77 [3]
19. McDonald's MCD 72 [1]
20. Disney DIS 66.5 [2.5]
21. United Technologies UTX 61 [1]
22. 3M MMM 55 [1]
23. Home Depot 54.5 [1.5]
24. Kraft KFT 50 [2]
25. Boeing BA 47 [1]
26. American Express AXP 47 [1]
27. Caterpillar CAT 36.5 [.5]
28. DuPont DD 31 [1]
29. Travelers 24.5 [.5]
30. Alcoa AA 11 [1]

Here are the latest SEC filings as of 6/4/10 other than ownership filings, registration of shares for employee benefit plans, free writing prospectuses and third party shareholder proposals:

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

AT&T T: 5/24/10 8K: re: sale ofl its Sterling Commerce subsidiary to IBM for $1.4 billion in cash. Sterling Commerce provides business to business applications and integration solutions to more than 18,000 customers worldwide. AT&T expects the transaction to close in the second half of '10, subject to receipt of regulatory approvals . AT&T expects to record a one-time, pre-tax gain of $750 million for the quarter in which the transaction closes.

5/6/10 10-Q

5/4/10 8K: re: results from the annual meeting of the stockholders of AT&T Inc. held on April 30, 2010, in Chattanooga, Tennessee.

Alcoa AA: 5/4/10 8K re: Alcoa Inc.’s 2009 Sustainability Highlights Report.

American Express AXP: 6/2/10 8K re: statistics re: worldwide billed business.

5/17/10 8K re: delinquency and write-off statistics for the lending portfolio of its U.S. Card Services operating segment for the months ended February 28, March 31 and April 30, 2010.

5/5/10 10Q

4/28/10 8-K re: transcript of 4/22/10 American Express live audio conference call/webcast to discuss the Company’s financial results for the three months ended March 31, 2010

Bank of Am BAC: 6/4/10 Free Writing Prospectuses

5/10/10 Rule 424(b) Prospectus

5/7/10 10-Q

Boeing BA: 4/28/10 8-K re: results of its Annual Meeting of Shareholders on April 26, 2010

Caterpiller CAT: 6/1/10 8K re: purchase of Electro-Motive Diesel, Inc. for $820 million in cash from Berkshire Partners LLC and Greenbriar Equity Group LLC.

5/28/10 8K re: retirement of David B. Burritt, VP & CFO as of 6/1/10.

5/20/10 8K re: statistics re: deliveries to users for its Machinery and Engines lines of business.

5/10/10 Definitive Proxy materials

5/510 8-K re: departure of directors and officers

5/3/10 10Q

Chevron CVX: 6/2/10 8K re: results of 5/26/10 vote at annual meeting for election of Directors & other matters.

5/19/10 definitive proxy materials

5/13/10 8K re: certain revisions of 10-K annual report for year ended 12/31/09.

DuPont DD: 4/29/10 8K re: voting results from annual meeting held on 4/28/10.

4/27/10 10Q

ExxonMobil XOM: 6/1/10 8K re: voting results from 5/26/10 Annual Meeting of Shareholders

5/6/10 10Q

GE: 5/7/10 8K to update fin'l info from form 10K

5/7/10 10Q

Hewlett-Packard HPQ: 6/1/10 8K re: plans to invest $1 billion in its enterprise services business to enhance client experience and better position the business for growth.

5/18/10 8K re: 2Qtr results

Home Depot HD: 6/3/10 10Q

5/25/10 8K re: voting results from 5/20/10 annual meeting of shareholders.

5/18/10 8K re: results for quarter ended 5/2/10

Intel INTC: 5/21/10 8K re: voting results from 5/19/10 annual meeting of stockholders.

5/12/10 8K re: info provided at an Investor meeting by Paul S. Otellini, Pres. & CEO.

5/7/10 8K re: Micron Technology, Inc. completed its acquisition of Numonyx Holdings BV & issued shares of common stock to Numonyx shareholders. In exchange for Intel’s investment in Numonyx, Intel received approximately 64.2 million shares of Micron common stock, and issued a $72 million short-term payable.

5/3/10 10Q

IBM: 5/12/10 8K re: information presented at Investor Briefing on 5/12/10.

4/29/10 8K re: voting results from annual meeting of stockholders on 4/27/10

4/27/10 10Q

JPMorganChase JPM: 6/3/10 Rule 424 Prospectus

5/26/10 8K re: Washington Mutual Litigations.

5/20/10 8K re: voting results from 5/18/10 annual meeting of shareholders

5/10/10 10Q

Johnson & Johnson JNJ : 5/10/10 10 Q

Kraft KFT: 5/21/10 8K: re voting results from 5/18/10 annual meeting of shareholders

5/7/10 10Q

McDonalds MCD: 5/24/10 8K re: voting results of 5/20/10 annual shareholders' meeting

5/17/10 additional proxy materials

5/11/10 8K re: press release re: April and year to date '10 sales.

5/6/10 10Q

Merck MRK: 5/28/10 8K re: Kenneth C. Frazier to succeed Richard T. Clark as Pres. Of the Company as of 5/1/10 and Dr. Sam Their's retirement from the Board & voting results from 5/25/10 annual meeting of shareholders.

5/11/10 8K re: information presented at 5/11/10 Annual Business Briefing

5/7/10 10Q

Microsoft MSFT: 5/28/10 8K re: retirement of Robbie Bach, pres. Of Entertainment & Devices Div.

Pfizer PFE: 5/26/10 8K re: retirement of Dr. Martin Mackay, Sr. VP & Pres, Pharma Therapeutics R&D of Pfizer Inc.

5/13/10 10Q

5/4/10 8K re: 1Qtr results

4/28/10 8K re: voting results of Pfizer's annual meeting of shareholders held on 4/22/10

Procter & Gamble PG: 5/19/10 8K re: closing of 100 bil Euro 0.955 Note Offering due 2015.

4/30/10 10Q

3M MMM: 5/17/10 8K re: reclassification of certain data in 10K for 12/31/09.

5/12/10 8K re: voting results of 5/11/10 annual meeting of stockholders.

5/5/10 10Q

Travelers TRV: 5/7/10 8K re: voting results of 5/4/10 annual meeting of shareholders

4/23/10 10Q

United Technologies UTX: 5/14/10 8K re: exercise of its rights to redeem $500 mil of outstanding 7.125% Notes due 11/15/10.

4/26/10 10Q

Verizon Communications Inc. VZ: 5/27/10 8K re: record date of 6/7/10 re: proposed spinof of shares of New Communications Holdings.

5/12/10 8K re: voting results from 5/6/10 annual meeting of shareholders.

4/28/10 10Q

WalMart WMT: 6/14/10 10Q.

5/18/10 8K reconciliation of non-GAP measures.
################################
the following is a template for Tues. morning's blog.
www.DowJonesMonitor.com

The following is not intended as advertising by a broker-dealer and is not a research report. Any comments by third-parties do not reflect the views of Intellivest Securities Research, Inc. and have not been reviewed by us for completeness or accuracy.

Post No. 529. The following is brought to you by Intellivest Securities Research, Inc. Toward the end of this Blog is a list of the Dow 30 current CEOs, a ranking of the Dow 30 components by market capitalization as of 7/11/10 and an update of the Dow 30 component's SEC filings as of 7/11/10.

A read of Tuesday's issue of Wall Street Journal, Financial Times, New York Times, Atlanta Journal Constitution & Daily Report (Georgia) yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol and Monday's stock prices and related data.

Dow: The Dow Jones Industrial Average closed Monday at 10,216.27 i[ 18.24 or 0.18% from Friday's close of 10,198.03. Of the 30 Dow Companies: 20 gained and 10 declined. The biggest gainer dollar-wise was McDonalds MCD $69.94 +0.72 1.04% 5,391,155 NYSE and percentage-wise was Microsoft MSFT $24.83 +0.56 2.31% 49,638,858 NASDAQ-GS NYSE. The biggest decliner dollar-wise and percentage-wise was United Technologies UTX $66.68 0-.83 1.23% 3,779,326 NYSE.

As of the open of the market Tuesday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132319125 unchanged, the trailing P/E ratio is 14.81 up from Monday's 14.81 (year ago it was 12.02) the P/E estimate is 12.51 up from Monday's 12.51 (year ago it was 13.00) and the current dividend yield is 2.72 down from Monday's 2.72 (it was 3.52 a year ago). The Dow's all-time high was 14,164.53 on Oct. 9, 2007. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Monday's Dow Jones Industrial Average closing numerator was 1,351.81 up 2.42 from Friday's closing numerator of 1349.39. 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 of 2.42 for Monday by the divisor (0.132319125) you get the increase in Monday's Dow of 18.24. A $1 change in the price of any DJIA stock = a 7.56 change in the average.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was $45.06 up 0.07 from Friday's Dow Jones Industrial Average average closing price of $44.98 The median closing price of Monday's Dow Jones Industrial Average was $41.01 up $0.29 from Friday's median price of $40.72. The lowest volume was Travelers TRV $51.12 -0.03 0.06% 2,986,071 NYSE and the highest volume again was Bank of America BAC $15.21 +0.10 0.66% 90,600,468 NYSE.

If Monday morning before the market opened you had purchased 100 shares 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 $192 ($135,181 - $134,939).

MarketWatch 7/12/10 Mon. 4:13 pm by Nick Godt says U.S. stocks ended with small gains on Monday, following a big rally last week, as several broker upgrades lifted the technology sector while investors awaited results from aluminum giant Alcoa Inc. to unofficially kick-off earnings season. The Dow Jones Industrial Average (DJIA 10,216, +18.24, +0.18%) rose 18.24 points, or 0.2%, to end at 10,216.27, with 21 of its 30 components finishing higher. Blue chip gains were led by Microsoft Corp. (MSFT 24.85, +0.02, +0.08%) , up 2.3%, and Intel Corp. (INTC 20.69, +0.12, +0.58%) up 1.6%. Alcoa (AA 11.18, +0.31, +2.85%) shares fell 0.6% ahead of its earnings report. The S&P 500 index (SPX 1,079, +0.79, +0.07%) rose 0.79 points, or 0.1%, to end at 1,078.75, with the technology sector, up 0.7%, offsetting a 1% drop in the smaller materials sector. The Nasdaq Composite (COMP 2,198, +1.91, +0.09%) gained 1.91 points, or 0.1%, to 2,198.36U.S. stocks.

AT&T T $24.84 +0.01 0.04% 17,200,774 NYSE:

Alcoa AA $10.87 -0.07 0.64% 36,374,412 NYSE:

Amex AXP $42.83 +0.25 0.59% 6,852,604 NYSE:

Bank of Am BAC $15.21 +0.10 0.66% 90,600,468 NYSE:

Boeing BA $64.34 -0.32 0.49% 2,287,299 NYSE:

Caterpillar CAT $64.28 -0.44 0.68% 4,891,088 NYSE:

Chevron CVX $71.85 +0.01 0.01% 7,138,466 NYSE:

CSCO $22.86 +0.16 0.7% 30,494,338 NASDAQ-GS:

Coke KO $52.45 +0.05 0.1% 5,335,494 NYSE:

Disney DIS $33.77 +0.02 0.06% 10,034,377 NYSE:

DuPont DD $36.52 -0.38 1.03% 6,575,444 NYSE:

Exxon XOM $58.94 +0.16 0.27% 23,212,869 NYSE:

GE $14.93 -0.02 0.13% 37,933,242 NYSE:

Hewlett-Packard HPQ $45.68 +0.43 0.95% 10,467,960 NYSE:

Home Depot HD $28.31 +0.05 0.18% 14,220,181 NYSE:

Intel INTC $20.57 +0.33 1.63% 55,906,853 NASDAQ-GS:

IBM $128.67 +0.71 0.55% 4,149,892 NYSE:

JPMorgan JPM $39.19 +0.34 0.88% 24,504,340 NYSE:

Johnson & John JNJ $60.21 -0.33 0.55% 10,252,373 NYSE:

KFT $29 0.01 +0.03% 5,329,034 NYSE:

McDonalds MCD $69.94 +0.72 1.04% 5,391,155 NYSE:

MRK $36.09 -0.21 0.58% 12,568,440 NYSE:

Microsoft MSFT $24.83 +0.56 2.31% 49,638,858 NASDAQ-GS:

Pfizer PFE $14.93 +0.16 1.08% 37,869,221 NYSE:

Procter & Gamble PG $62.09 +0.34 0.55% 8,308,604 NYSE:

MMM $82.26 +0.10 0.12% 3,195,894 NYSE:

Travelers TRV $51.12 -0.03 0.06% 2,986,071 NYSE:

United Tech UTX $66.68 0-.83 1.23% 3,779,326 NYSE:

Verizon VZ $26.49 0.16 -0.6% 20,523,489 Dual Listed:

Walmart WMT $50.12 +0.69 1.4% 13,397,787 NYSE:

*******************

Here are the current CEOs of the Dow 30 Companies:

AT&T T Randall L. Stephenson
Alcoa AA Klaus Kleinfeld
American Express AXP Kenneth I. Chenault
Bank of America BAC Brian T. Moynihan
Boeing BA W. James McNerney, Jr.
Caterpillar CAT Douglas Oberhelman
Chevron CVX John Watson
Cisco CSCO John Chambers
Coca Cola KO Muhtar Kent
Disney DIS Robert Iger
DuPont DD Ellen Kullman
ExxonMobil XOM Rex W. Tillerson
GE Jeffrey R. Immelt
Hewlett-Packard HPQ Mark Hurd
Home Depot HD Frank Blake
Intel INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPMorgan Chase JPM Jamie Dimon
Johnson & Johnson JNJ William C. Weldon
Kraft KFT Irene Rosenfeld
McDonald's MCD Jim Skinner
Merck MRK Richard Clark
Microsoft MSFT Steve Ballmer
Pfizer PFE Jeffrey Kindler
Procter & Gamble PG Bob McDonald
3M MMM George W. Buckley
Travelers TRV Jay S. Fishman
United Technologies UTX Louis Chenevert
Verizon VZ Ivan Seidenberg
Wal-Mart WMT Mike Duke

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest 1/2 billion as of 7/11/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $276 [4.5]
2. Procter & Gamble PG 247.5 [4]
3. Microsoft MSFT 212.5 [9]
4. WalMart WMT 183.5 [4]
5. Johnson & Johnson JNJ 167 [3]
6. IBM 164 [1]
7. GE 159.5 [10.5]
8. JPMorgan Chase 154.5 [4]
9. Bank of America BAC 151.5 [10]
10. AT&T 147 [6]
11. Chevron CVX 144 [2]
12. Cisco CSCO 129.5 [6]
13. Coke KO 121 [2.5]
14. Pfizer PFE 119 [8]
15. Merck MRK 113 [3]
16. Intel INTC 112.5 [5.5]
17. Hewlett-Packard HPQ 105.5 [2.5]
18. Verizon VZ 75.5 [3]
19. McDonald's MCD 74.5 [1]
20. Disney DIS 66 [2]
21. United Technologies UTX 63 [1]
22. 3M MMM 58.5 [1]
23. American Express AXP 51 [1]
24. Kraft KFT 50.5 [2]
25. Boeing BA 49 [1]
26. Home Depot 47.5 [1.5]
27. Caterpillar CAT 40.5 [.5]
28. DuPont DD 33.5 [1]
29. Travelers 25.5 [.5]
30. Alcoa AA 11 [1]

Here are the latest SEC filings as of 7/11/10 other than ownership filings, registration of shares for employee benefit plans, free writing prospectuses and third party shareholder proposals:

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

AT&T T: 6/25/10 8K: re: amendments to employee compensation plans.

5/24/10 8K: re: sale of its Sterling Commerce subsidiary to IBM for $1.4 billion in cash.

5/6/10 10-Q

5/4/10 8K re: results from the annual meeting of the stockholders of AT&T Inc. held on April 30, 2010, in Chattanooga, Tennessee.

Alcoa AA: 5/4/10 8K re: Alcoa Inc.’s 2009 Sustainability Highlights Report.

American Express AXP: 6/15/10 8K re: delinquency statistics through 5/31/10.

6/2/10 8K re: statistics re: worldwide billed business.

5/17/10 8K re: delinquency and write-off statistics for the lending portfolio of its U.S. Card Services operating segment for the months ended February 28, March 31 and April 30, 2010.

5/5/10 10Q

Bank of Am BAC: 7/9/10 Free Writings Prospectuses

6/4/10 Free Writing Prospectuses

5/10/10 Rule 424(b) Prospectus

5/7/10 10-Q

Boeing BA: 6/10/10 8K re: election of Edward M. Liddy to Board of Dirs. & Audit & Fin. Committees. By-laws were amended to increase number of directors from 12 to 13.

4/28/10 8-K re: results of its Annual Meeting of Shareholders on April 26, 2010

Caterpiller CAT: 6/18/10 8K re: dealer statistics.

6/17/10 8K re: plans to produce a full range of mining shovels and increase dump truck production.

6/11/10 8K re: as previously announced, Board elected Douglas R. Oberhelman as CEO effective 8/1/10.

6/11/10 8K re: results of 6/9 annual meeting of shareholders.

6/1/10 8K re: purchase of Electro-Motive Diesel, Inc. for $820 million in cash from Berkshire Partners LLC and Greenbriar Equity Group LLC.

5/28/10 8K re: retirement of David B. Burritt, VP & CFO as of 6/1/10.

5/20/10 8K re: statistics re: deliveries to users for its Machinery and Engines lines of business.

5/10/10 Definitive Proxy materials

5/510 8-K re: departure of directors and officers

5/3/10 10Q

Chevron CVX: 6/2/10 8K re: results of 5/26/10 vote at annual meeting for election of Directors & other matters.

5/19/10 definitive proxy materials

5/13/10 8K re: certain revisions of 10-K annual report for year ended 12/31/09.

Disney DIS 10Q for quarter ended 4/3/10

DuPont DD: 4/29/10 8K re: voting results from annual meeting held on 4/28/10.

4/27/10 10Q

ExxonMobil XOM: 6/25/10 8K re: completion of its acquisition of XTO Energy Inc.

6/1/10 8K re: voting results from 5/26/10 Annual Meeting of Shareholders

5/6/10 10Q

GE: 6/11/10 8K re; election of James S. Tisch to Board of Directors. He is Pres. & CEO of Loew's.

5/7/10 8K to update fin'l info from form 10K

5/7/10 10Q

Hewlett-Packard HPQ: 6/1/10 10Q

6/1/10 8K re: plans to invest $1 billion in its enterprise services business to enhance client experience and better position the business for growth.

5/18/10 8K re: 2Qtr results

Home Depot HD: 6/3/10 10Q

5/25/10 8K re: voting results from 5/20/10 annual meeting of shareholders.

5/18/10 8K re: results for quarter ended 5/2/10

Intel INTC: 6/22/10 8K re: agreed upon suspension of FTC admin. proceedings while settlement discussions are held.

5/21/10 8K re: voting results from 5/19/10 annual meeting of stockholders.

5/12/10 8K re: info provided at an Investor meeting by Paul S. Otellini, Pres. & CEO.

5/7/10 8K re: Micron Technology, Inc. completed its acquisition of Numonyx Holdings BV & issued shares of common stock to Numonyx shareholders.

5/3/10 10Q

IBM: 5/12/10 8K re: information presented at Investor Briefing on 5/12/10.

4/29/10 8K re: voting results from annual meeting of stockholders on 4/27/10

4/27/10 10Q

JPMorganChase JPM: 6/24/10 8K re: closing of sale of $1.25 bil of 3.40% Notes due '15.

6/24/10 8K re: election of Douglas L. Braunstein as CFO.

5/26/10 8K re: Washington Mutual Litigations.

5/20/10 8K re: voting results from 5/18/10 annual meeting of shareholders

5/10/10 10Q

Johnson & Johnson JNJ : /10/10 10 Q

Kraft KFT: 5/21/10 8K: re voting results from 5/18/10 annual meeting of shareholders

5/7/10 10Q

McDonalds MCD: 6/9/10 8K re: year to date sales figures

5/24/10 8K re: voting results of 5/20/10 annual shareholders' meeting

5/17/10 additional proxy materials

5/11/10 8K re: press release re: April and year to date '10 sales.

5/6/10 10Q

Merck MRK: 7/8/10 8K re: global restructuring program in conjunction with the integration of the Schering-Plough acquisition; reduction of work force by 15% & closing of plants and research sites.

5/28/10 8K re: Kenneth C. Frazier to succeed Richard T. Clark as Pres. Of the Company as of 5/1/10 and Dr. Sam Their's retirement from the Board & voting results from 5/25/10 annual meeting of shareholders.

5/11/10 8K re: information presented at 5/11/10 Annual Business Briefing

5/7/10 10Q

Microsoft MSFT: 6/18/10 8K re: sale of $1.25 bil of Zero Coupon Convertible Sr. Notes due '13 (and related 6/9 8K).

5/28/10 8K re: retirement of Robbie Bach, pres. Of Entertainment & Devices Div.

Pfizer PFE: 5/26/10 8K re: retirement of Dr. Martin Mackay, Sr. VP & Pres, Pharma Therapeutics R&D of Pfizer Inc.

5/13/10 10Q

5/4/10 8K re: 1Qtr results

4/28/10 8K re: voting results of Pfizer's annual meeting of shareholders held on 4/22/10

Procter & Gamble PG: 5/19/10 8K re: closing of 100 bil Euro 0.955 Note Offering due 2015.

4/30/10 10Q

3M MMM: 6/28/10 8K re: projected sales range for 2Q '10.

5/17/10 8K re: reclassification of certain data in 10K for 12/31/09.

5/12/10 8K re: voting results of 5/11/10 annual meeting of stockholders.

5/5/10 10Q

Travelers TRV: 6/15/10 8K re: $1 bil 3 year revolving credit agreement.

5/7/10 8K re: voting results of 5/4/10 annual meeting of shareholders

4/23/10 10Q

United Technologies UTX: 5/14/10 8K re: exercise of its rights to redeem $500 mil of outstanding 7.125% Notes due 11/15/10.

4/26/10 10Q

Verizon Communications Inc. VZ: 7/1/10 8K re: completion of acquisition of Frontier Communications Corp. and spin off of shares to VZ shareholders.

6/11/10 8K re: agreement with certain unions.

5/27/10 8K re: record date of 6/7/10 re: proposed spin off of shares of New Communications Holdings.

5/12/10 8K re: voting results from 5/6/10 annual meeting of shareholders.

4/28/10 10Q

WalMart WMT: 7/7/10 8K re: underwriting to the public of several series of notes.

7/2/10 8K re: departure of John E. Fleming EVP & Chief Merchandizing Officer effective 8/1/10.

6/29/10 8K re: appointment of Eduwardo Castro-Wright as CEO fo global.com & William S. Simon as CEO of Walmart U.S.

6/9/10 8K re: results of 6/4 annual meeting of shareholders.

6/14/10 10Q.

5/18/10 8K reconciliation of non-GAP measures.