Market Currents

• Thursday, December 24, 2009

• 10:25 AM Dow leaders: AA +1.8%. TRV +1.4%. DD +1.2%. UTX +1.1%. BA +1%. INTC +0.9%. MMM +0.9%. AXP +0.8%.
  Laggards: MRK -0.5%. DIS -0.4%. Comment!

• Tuesday, December 22, 2009

• 10:30 AM Dow leaders early on: DD +1.7%. BA +1.6%. HD +1.3%. MSFT +1.2%. XOM +0.9%. HPQ +0.9%.
  Laggards: AA -0.8%. AXP -0.7%. Comment!

• Friday, December 18, 2009

• 13:32 PM Dow leaders: INTC +3.1%. HPQ +1.8%. MSFT +1.5%. JPM +1.4%. BAC +1.4%.
  Dow laggards: BA -2%. PG -1.1%. CAT -0.6%. TRV -0.5%. AXP -0.5%. Comment!
• 10:13 AM Dow leaders early on: HPQ +1.5%. MSFT +1.5%. INTC +1.3%. T +1.2%.
  Dow laggards: BA -1.1%. PG -0.7%. WMT -0.4%. JNJ -0.3%. AXP -0.3%. Comment!

• Thursday, December 17, 2009

• 13:25 PM Dow leaders: GE +1.3%. VZ +0.4%. XOM +0.4%.
  Dow laggards: JPM -2.6%. AXP -2.1%. DIS -2.1%. KO -2%. Comment!

• Wednesday, December 16, 2009

• 14:08 PM Dow leaders: AA +1.9%. JPM +1.7%. DD +1.7%. KFT +1.4%. AXP +1.3%.
  Dow laggards: INTC -1.9%. TRV -1.5%. BA -1.2%. MMM -0.8%. Comment!
• 10:30 AM Dow leaders after one hour: AA -2.4%. DD +1.6%. KFT +1.2%. AXP +1.2%. BAC +1.1%. MSFT +1%. HPQ +0.9%. CVX +0.8%.
  Laggards: INTC -1.9%. BA -1.3%. Comment!

• Tuesday, December 15, 2009

• 15:47 PM Year-to-date Dow leader American Express (AXP -0.9%) is the only one of six card issuers today reporting drops in both credit-card defaults and delinquencies. Write-offs fell for the seventh straight month, to 7.6%; delinquencies slipped to 3.9% from 4.1%. Earlier, Capital One (COF -2.5%) reported increases in both defaults and delinquencies. Comment!

• Tuesday, December 8, 2009

• 16:49 PM Big changes at Tiger Woods Inc. after reports of extramarital affairs: Marketers have pulled all ads related to the golfer from prime-time TV, which touches a number of affiliated brands ([[ACN]], [[AXP]], [[ERTS]], [[NKE]], [[PEP]]). Gatorade (PEP) has discontinued its "Tiger Focus" sub-line - though that plan was in place before Woods' Nov. 27 car accident. Comment!

• Monday, December 7, 2009

• 13:54 PM Dow leaders: VZ +2.5%. T +2.3%. AA +1.9%. BA +1.8%. AXP +1.2%.
  Dow laggards: PFE -1.2%. CAT -0.8%. BAC -0.6%. MSFT -0.4%. Comment!
• 10:30 AM Early Dow leaders: BA +1.7%. AXP +1.6%. VZ +15%. WMT +1%. T +0.9%. UTX +0.9%. AA +0.7%.
  Laggards: BAC -0.7%. CAT -0.6%. Comment!
• 09:22 AM Brighter days ahead for credit-card stocks, Bank of America says, "as the economic recovery becomes more obvious." Card issuers typically move higher once chargeoffs reach peak levels, which usually happens when employment trends start improving - and Friday's better-than-expected payrolls data "could serve as the fundamental inflection point that we have been waiting for." DFS +3.2%. COF +1.5%. AXP +1.5%. 1 Comment

• Friday, December 4, 2009

• 10:19 AM Dow leaders early on: AXP +3.2%. INTC +3.1%. DIS +2.3%. GE +2.3%. BA +2.1%.
  Dow's laggard: DD -5.1%. Comment!

• Thursday, December 3, 2009

• 14:03 PM Dow leaders: BAC +3.5%. INTC +1.7%. GE +1.3%. T +1.2%.
  Dow laggards: AXP -4.1%. TRV -1.9%. HD -0.8%. MMM -0.7%. KO -0.6%. Comment!
• 11:00 AM Dow leaders: BAC +1.8%. INTC +1.2%. JPM +1.2%. GE +0.9%. IBM +0.9%. CAT +0.9%.
  Laggards: AXP -2.6%. AA -1.4%. HD -1.1%. TRV -1%. Comment!

• Wednesday, December 2, 2009

• 17:56 PM After a plunge in marketing reported by direct-mail groups, credit-card offers are back in your mailbox - if you're prime enough. Chase (JPM) and American Express (AXP) are the banks ramping up the most. Comment!