Stock Market Today – Some Advances by JNJ M and INTC but DIS disappoints – All sectors lower

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(Best Syndication News) Stock markets in the United States were lower today with all sectors showing declines (see stock charts below).

Dow Jones

Of the 30 Dow constituents, only four were higher (see Dow Constituent List below). The index was down 130.33 points (-1.02%) to 12,630.03.

The Dow broke through yesterday’s S1 support level and nearly hit the S2 level. The 50-day moving average is 12,309.89 and we calculate the market as being volatile (see Dow Technical data below). Wednesday’s range and volume exceeded the 100-day average.

Intel Corporation was the big winner, followed by Johnson & Johnson (NYSE:JNJ). The share price of JNJ was higher four straight days. There was a report that Goldman Sachs added the health care products company to their buy list. The share price jumped 0.81 (+1.23%) to $66.57.

The biggest Dow loser was The Walt Disney Company (NYSE:DIS). The entertainment company share price moved down 2.39 (-5.44%) to $41.52. In after hours the share price moved back up four cents.

Yesterday the company released their second quarter earnings statement. Earnings increased 2% to $0.49, compared to $0.48 in the prior-year quarter. Robert A. Iger, President and CEO of The Walt Disney Company, said the company was pleased with the “underlying quality” of their second quarter earnings. Investors were not.

S&P 500 and Nasdaq

The S&P 500 Index was down 15.08 points (-1.11%) to 1,342.08 and the Nasdaq composite index was down 26.83 (-0.93%) to 2,845.06.

All S&P sectors were lower Wednesday (see sector chart below). The biggest decline was seen in the energy sector, which declined 2.94 percent in one day.

Although most share prices were lower Wednesday, there were some bright spots, including Macy's, Inc. (NYSE:M). The retailer released their first quarter 2011 earnings statement Wednesday. The share price was up 2.03 (+7.71%) to $28.36. The company said that earnings for the quarter were 30 cents per diluted share. Many analysts had expected only 18 cents.

By Dan Wilson

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U.S. Stock Markets:

Wednesday U.S. Markets 1 Day 1 Day 1 Week 30-Day 100-Day
5/11/2011 Pt Change % Change % Change % Change % Change
12,630.03 Dow Jones Industrial Avg -130.33 -1.02% -0.73% 2.31% 9.13%
1,342.08 S&P 500 -15.08 -1.11% -0.39% 1.23% 6.79%
2,845.06 Nasdaq Composite Index -26.83 -0.93% 0.60% 2.30% 6.73%

Dow Constituents:

Wednesday Dow Constituents One Day One Day 5-Day 30 Day 100-Day
5/11/2011 Name Symbol Point Ch. % Change % Change % Change % Change
41.52 The Walt Disney Co DIS (2.39) -5.44% -2.74% -4.22% 12.03%
54.12 E.I. du Pont DD (1.77) -3.17% 0.46% -2.26% 8.85%
17.05 Alcoa Inc. AA (0.47) -2.68% 0.24% -3.34% 15.44%
81.12 Exxon Mobil Corp XOM (2.22) -2.66% -1.82% -3.99% 12.32%
109.98 Caterpillar Inc. CAT (2.89) -2.56% 0.54% -1.39% 17.88%
44.23 JPMorgan Chase & Co. JPM (0.93) -2.06% -2.08% -4.78% 10.71%
102.26 Chevron Corporation CVX (2.10) -2.01% -0.35% -5.32% 15.16%
41.06 Hewlett-Packard Co HPQ (0.51) -1.23% 0.64% -0.58% -1.98%
25.36 Microsoft Corporation MSFT (0.31) -1.21% -1.67% -0.98% -8.81%
20.61 Pfizer Inc. PFE (0.25) -1.20% 1.08% 1.33% 20.03%
79.08 The Boeing Company BA (0.87) -1.09% 0.80% 7.15% 24.99%
20.09 General Electric Co GE (0.21) -1.03% 0.95% -0.10% 13.50%
31.38 AT&T Inc. T (0.31) -0.98% 0.51% 2.18% 7.72%
63.25 The Travelers Co TRV (0.61) -0.96% 0.40% 6.50% 14.07%
37.26 Verizon Communication VZ (0.31) -0.83% 0.38% -3.12% 7.25%
49.83 American Express Co AXP (0.34) -0.68% 0.63% 8.54% 17.25%
55.17 Wal-Mart Stores, Inc. WMT (0.36) -0.65% 0.18% 5.37% 2.60%
169.5 Intl. Business Machines IBM (0.88) -0.52% 0.62% 3.61% 17.29%
36.63 Merck & Co., Inc. MRK (0.14) -0.38% 1.05% 10.00% 0.36%
89.52 United Technologies... UTX (0.29) -0.32% 1.12% 6.28% 13.46%
79.51 McDonald's Corporation MCD (0.20) -0.25% 1.16% 4.88% 3.37%
12.25 Bank of America... BAC (0.03) -0.24% -0.41% -8.92% -2.93%
95.52 3M Company MMM (0.19) -0.20% 0.63% 3.30% 9.37%
37.23 The Home Depot, Inc. HD (0.04) -0.11% 0.59% -0.90% 5.77%
17.78 Cisco Systems, Inc. CSCO (0.01) -0.06% 1.72% 2.60% -9.38%
67.32 The Coca-Cola Co KO (0.02) -0.03% 0.93% 1.94% 3.08%
34.27 Kraft Foods Inc. KFT 0.05 0.15% 2.64% 8.86% 8.01%
65.92 The Procter & Gamble... PG 0.19 0.29% 0.06% 6.37% 1.46%
66.57 Johnson & Johnson JNJ 0.81 1.23% 2.40% 12.11% 6.53%
23.41 Intel Corporation INTC 0.38 1.65% -0.85% 14.42% 10.27%

Dow Technical Data:

Dow Technical Data
Wednesday, May 11, 2011 Value Support and Resistance
Dow Value - Close Today 12,630.03 Yesterday Close 12,760.36
Point Change Today (130.33) Support/Res Today
% Change Today -1.02% S3 12,333.33
Today's Open 12,745.87 S2 12,504.33
Today's Low 12,577.21 S1 12,602.45
Today's High 12,748.21 Pivot Pt 12,675.33
Today's Range (High - Low) 171.00 R1 12,773.45
Average Daily Range 100 Days 111.25 R2 12,846.33
% Today Daily Range w/ Average Range 53.70% R3 13,017.33
100 Day Low 11,478.13
100 Day High 12,810.54 Support/ Res Yesterday
Today's Volume * 194,511,653 S3 12,528.23
Average 100 Day Volume * 167,367,377 S2 12,627.64
% of Today Daily Vol. w/ Average Volume 16.22% S1 12,673.04
Point Change MTD (177.33) Pivot Pt 12,727.05
% Change Month To Date (MTD) -1.38% R1 12,772.45
Point Change YTD 955.27 R2 12,826.46
% Change Year To Date (YTD) 8.18% R3 12,925.87
Best Syndication Today Volatility BSNVX1 8.71% 12,869.94
Average Volatility Last 100 Days BSNVX1 -2% Moving Averages
Best Syndication Today Volatility BSNVX2 70% 50 Day Moving 12,309.89
Average Volatility Last 100 Days BSNVX2 2% 100 Day Moving 12,099.22
* Volume reflects weighted average

S&P Sectors:

Wednesday Sector Name One-Day One-Week 30-Day 100-Day
5/11/2011 % Change % Change % Change % Change
551.34 Energy -2.94% -0.56% -6.76% 12.18%
243.55 Materials -2.74% 0.19% -1.93% 4.97%
329.19 Industrials -1.11% 0.86% 1.40% 9.98%
319.84 Consumer Discretionary -0.82% 0.59% 3.31% 8.59%
326.37 Consumer Staples -0.12% 1.05% 5.44% 7.26%
413.73 Health Care -0.31% 1.48% 7.98% 12.91%
215.44 Financials -1.33% -0.25% -2.82% 3.51%
426.37 Info Tech -0.80% 0.54% 1.83% 5.90%
134.78 Telecom Svc -0.88% 0.72% 1.13% 6.29%
170.83 Utilities -0.23% 1.87% 5.20% 8.28%
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