Market Currents

• 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!

• Sunday, November 29, 2009

• 14:19 PM Barron's thinks Pepsico (PEP) is cheap at just 15x 2010 earnings, near the bottom of its 10-year range and at a discout to rivals like Coca-Cola (KO) which command a multiple of 17. Noted fund-manager Mario Gabelli thinks shares could trade 50-60% higher in coming years, which, "with the dividend, gives you a pretty good return." 5 Comments

• Friday, November 20, 2009

• 15:18 PM Dow leaders: MRK +3.5%. PFE +1.4%. KO +1.1%. MCD +1%.
  Dow laggards: CSCO -1.4%. GE -1.3%. CAT -1.3%. MMM -1.2%. AA -1.1%. 1 Comment

• Thursday, November 19, 2009

• 13:19 PM Dow leaders: MRK +0.8%. WMT +0.2%. KO +0.1%.
  Dow laggards: INTC -5%. AA -4.8%. GE -2.7%. DD -2.5%. JPM -2.4%. Comment!

• Tuesday, November 17, 2009

• 09:49 AM Costco (COST +0.1%) stops restocking Coca-Cola (KO +0.1%) products nationwide over a pricing dispute. "At this time, Coca-Cola has not provided Costco with competitive pricing so that we may pass along the value our members deserve." 2 Comments

• Tuesday, November 10, 2009

• 10:32 AM Dow leaders after one hour: BAC +2.3%. INTC +1%. MMM +1%. JNJ +1%. KFT +0.8%. AA +0.8%. KO +0.8%. IBM +0.8%.
  Laggards: DD -1.6%. BA -1.4%. CSCO -0.9%. GE -0.8%. Comment!

• Tuesday, November 3, 2009

• 15:20 PM Dow leaders: CAT +1.3%. AA +1.2%. BAC +0.6%. DD +0.6%. DIS +0.5%.
  Dow laggards: INTC -3.1%. MRK -2.2%. KO -1.5%. GE -1.5%. VZ -1.4%. 1 Comment

• Monday, October 26, 2009

• 13:34 PM Dow leaders: MSFT +2.5%. AXP +2.1%. TRV +0.2%. KO +0.1%.
  Dow laggards: BAC -3.7%. BA -3.5%. AA -3.4%. JPM -2.5%. DD -1.9%. Comment!
• 10:40 AM Dow leaders early on: MSFT +3%. AXP +2.8%. CVX +1.9%. CAT +1.9%. XOM +1.6%. DD +1.3%. PFE +1.4%. MRK +1.3%. KO +1.3%. IBM +1.3%.
  Laggards: BAC -3.8%. JPM -1.6%. Comment!

• Tuesday, October 20, 2009

• 10:25 AM Dow leaders early on: CAT +3.3%. PFE +1.3%. PG +0.7%.
  Laggards: BA -3.9%. DD -2.5%. HD -2%. KO -1.9%. DIS -1.8%. GE -1.8%. XOM -0.9%. IBM -0.9%. MSFT -0.9%. Comment!
• 07:46 AM Coca-Cola (KO): Q3 EPS of $0.82 in-line. Revenue of $8.04B (-4.2%) vs. $8.11B. "We expect the consumer to continue facing economic uncertainties into 2010 and for consumer sentiment to recover slowly.: Shares -1.2% premarket. (PR) Comment!
• 00:05 AM Notable pre-market earnings: ALV, BK, BIIB, BLK, BTU, CAT, CMA, COH, DGX, DRH, DD, EAT, FRX, GAP, ITW, JEF, JRN, KO, LXK, LMT, MTB, PCP, PH, PFE, RF, SHW, STT, SVU, UAUA, UNH, UTX, WU Comment!

• Monday, October 19, 2009

• 09:15 AM Stocks ready to open higher ahead of a week with little economic data, but a torrent of Q3 earnings reports, including Apple (AAPL) and Texas Instruments (TXN) tonight, and Caterpillar (CAT), Coca-Cola (KO), Pfizer (PFE) and Yahoo (YHOO) tomorrow (today's calendar). Benchmark S&P futures +0.4% to 1087. Comment!

• Wednesday, October 14, 2009

• 13:53 PM Dow leaders: BAC +3.6%. DD +3.1%. CAT +3.1%. JPM +3.1%. GE +2.6%.
  Dow laggards: JNJ -0.8%. HD -0.5%. VZ -0.5%. KO -0.3%. 2 Comments

• Thursday, October 8, 2009

• 13:13 PM Dow leaders: HD +3.1%. MSFT +2.9%. AXP +2.6%. DD +2.6%. AA +2.5%.
  Dow laggards: T -1%. TRV -0.9%. VZ -0.5%. KO -0.2%. Comment!

• Wednesday, October 7, 2009

• 10:00 AM Dow leaders early on: CSCO +1.6%. BAC +1.5%. KO +1.4%. Laggards: T -1.5%. MMM -1.1%. BA -1%. MRK -1%. Comment!