M34 BARRON’S March9,2020
DJHALF-HOURLYAVERAGES
DowJones30Industrial(divisor:0.14744568353097)
Daily Mar2 3 4 5 6
Open(t) 25667.15 26763.89 26535.13 26385.78 25349.40
Open(a) 25590.51 26762.47 26383.68 26671.92 25457.21
10:00 25532.44 26461.66 26369.00 26292.99 25394.78
10:30 25562.90 26700.87 26562.12 26394.13 25653.60
11:00 25734.79 26736.56 26402.46 26427.34 25714.65
11:30 25972.87 26147.54 26525.00 26594.95 25545.47
12:00 26167.95 26703.32 26405.75 27090.86 25617.91
12:30 26072.99 26332.19 26529.34 26299.01 25453.85
1:00 26211.16 26295.43 26627.89 26135.66 25599.45
1:30 26014.86 26069.02 26726.60 26181.78 25688.00
2:00 26145.87 25896.96 26746.02 26216.77 25558.90
2:30 26080.30 25926.32 26790.62 26058.82 25534.83
3:00 25935.05 26006.39 26767.94 26116.54 25311.18
3:30 26241.52 26203.31 26924.07 25995.60 25413.29
Close 26703.32 25917.41 27090.86 26121.28 25864.78
High(t) 26742.73 27157.05 27179.94 26734.15 26063.56
Low(t) 25276.90 25678.20 26145.42 25870.48 25025.18
High(a) 26706.17 27084.59 27102.34 26671.92 25994.38
Low(a) 25391.96 25706.28 26286.31 25943.33 25226.62
Change +1293.96 –785.91 +1173.45 –969.58 –256.50
Theoretical(t):High27179.94Low 25025.18
Actual(a):High27102.34Low 25226.62
DowJones20Transport(divisor:0.16385001129960)
Open(t) 9435.34 9517.24 9337.14 9196.40 8678.30
Open(a) 9437.47 9481.35 9288.65 9297.92 8807.08
10:00 9247.09 9445.83 9220.08 9149.79 8860.39
10:30 9191.83 9516.95 9324.57 9190.62 8963.18
11:00 9287.67 9562.28 9243.06 9138.16 9033.75
11:30 9328.50 9342.91 9274.06 9207.60 8920.53
12:00 9404.58 9475.68 9234.58 9512.05 8940.70
12:30 9346.98 9400.69 9283.83 9067.16 8864.65
1:00 9380.10 9359.55 9335.04 9020.71 8954.05
1:30 9313.58 9282.09 9410.54 9041.38 8987.50
2:00 9323.62 9209.40 9404.04 9083.89 8932.23
2:30 9309.72 9242.51 9427.42 9018.07 8907.35
3:00 9273.48 9259.41 9415.65 9037.38 8842.36
3:30 9364.96 9339.17 9452.40 8998.72 8843.87
Close 9475.68 9200.67 9512.05 9010.92 8956.06
High(t) 9553.71 9711.50 9545.59 9301.62 9122.55
Low(t) 9125.08 9123.68 9161.61 8931.31 8598.23
High(a) 9497.80 9695.50 9524.14 9297.92 9057.62
Low(a) 9156.01 9146.10 9189.84 8979.34 8659.62
Change +87.49 –275.01 +311.38 –501.13 –54.86
Theoretical(t):High9711.50Low 8598.23
Actual(a):High9695.50Low 8659.62
DowJones15Utilities(divisor:1.41366797515660)
Open(t) 843.42 886.28 888.38 911.61 881.95
Open(a) 843.09 886.47 886.19 911.65 899.79
10:00 851.87 885.11 897.39 911.00 876.57
10:30 855.29 898.97 900.97 906.80 884.63
11:00 859.43 901.12 896.14 913.95 892.54
11:30 868.18 879.45 896.98 920.16 892.15
12:00 873.75 886.52 897.97 926.14 888.04
12:30 873.45 894.06 902.77 910.85 881.58
1:00 874.00 892.86 906.09 909.18 883.97
1:30 870.41 889.10 909.77 910.33 890.21
2:00 873.77 881.90 913.57 912.05 884.13
2:30 871.80 882.69 914.42 903.77 885.06
3:00 867.95 884.92 915.84 904.24 874.04
3:30 875.12 892.47 920.41 901.71 884.99
Close 886.52 877.25 926.14 908.14 901.70
High(t) 888.92 907.77 927.60 922.59 906.17
Low(t) 840.31 871.22 886.49 896.64 867.46
High(a) 887.57 905.56 926.48 921.61 904.79
Low(a) 843.01 873.54 886.19 898.40 870.01
Change +46.56 –9.27 +48.89 –18.00 –6.44
Theoretical(t):High927.60Low 840.31
Actual(a):High926.48Low 843.01
DowJones65Composite(divisor:0.77099142654354)
Open(t) 8460.29 8766.02 8687.84 8671.98 8309.29
Open(a) 8445.48 8758.42 8644.56 8748.34 8389.98
10:00 8410.01 8690.90 8647.78 8643.20 8346.80
10:30 8410.35 8777.18 8713.43 8663.51 8432.91
11:00 8471.19 8797.58 8656.71 8671.83 8474.08
11:30 8541.44 8600.38 8688.26 8730.03 8416.97
12:00 8605.13 8746.05 8658.89 8900.54 8427.56
12:30 8574.18 8672.95 8701.79 8626.52 8368.18
1:00 8608.65 8654.98 8737.61 8582.34 8419.40
1:30 8550.39 8588.33 8779.28 8597.67 8454.89
2:00 8583.84 8526.78 8788.59 8616.54 8407.23
2:30 8564.63 8540.67 8803.64 8557.16 8399.11
3:00 8522.09 8563.88 8799.40 8573.18 8322.33
3:30 8613.30 8632.31 8845.45 8537.41 8362.26
Close 8746.05 8520.30 8900.54 8575.61 8503.09
High(t) 8774.56 8921.89 8927.37 8781.09 8584.67
Low(t) 8314.02 8447.14 8572.55 8489.63 8203.69
High(a) 8746.95 8896.72 8903.30 8748.34 8537.42
Low(a) 8355.46 8461.95 8621.65 8517.05 8289.60
Change +351.42 –225.75 +380.24 –324.93 –72.52
Theoretical(t):High8927.37Low 8203.69
Actual(a):High8903.30Low 8289.60
TRADINGDIARY
MarketAdvance/DeclineVolumes
Daily Mar2 3 4 5 6
NY Up 1,336,214 285,010 1,038,847 113,927 255,532
NY Off 365,646 1,353,607 181,396 1,287,696 1,342,724
NY Up - Composite5,099,997 1,141,877 4,194,829 499,341 1,002,580
NYOff - Composite1,336,007 5,234,330 828,537 5,069,540 5,513,301
NYSE Amer UP 14,959 17,200 16,511 14,943 3,310
NYSE Amer Off 15,819 9,750 5,583 7,954 17,948
NASD Up 3,190,354 1,072,258 2,877,999 1,069,007 1,356,262
NASD Off 1,063,835 3,236,510 710,177 2,607,205 2,899,624
NYSE Arca UP 557,731 190,823 372,280 99,017 105,859
NYSE Arca Off 92,214 597,255 84,572 374,442 517,675
% (QCHA) +2.17 –1.25 +2.09 –2.82 –2.22
% (QACH) +3.13 +.47 +1.42 –1.07 –2.83
% (QCHAQ) +2.18 –1.18 +2.21 –2.51 –2.11
MarketAdvance/DeclineTotals
Week ended last Friday compared to previous Friday
WeeklyComp. NYSE NYSEAmer Nasdaq NYSEArca
Total Issues 3,077 287 3,487 1,580
Advances 1,479 153 1,328 768
Declines 1,570 126 2,105 805
Unchanged 28 8 54 7
New Highs 99 16 156 154
New Lows 809 42 787 369
NYSECompositeDailyBreadth
Daily Mar2 3 4 5 6
Issues Traded 3,051 3,034 3,021 3,029 3,039
Advances 2,477 1,031 2,557 327 543
Declines 542 1,946 423 2,667 2,461
Unchanged 32 57 41 35 35
New Highs 16 27 41 38 28
New Lows 175 171 134 389 714
Blocks - primary 8,006 7,782 6,608 7,263 8,747
Total (000) - primary1,715,214 1,651,725 1,228,551 1,403,919 1,608,460
Total (000) 6,492,373 6,414,453 5,057,785 5,579,901 6,554,212
NYSEAmericanComposite
Daily Mar2 3 4 5 6
Issues Traded 282 282 276 275 276
Advances 199 155 169 89 43
Declines 80 115 93 182 224
Unchanged 3 12 14 4 9
New Highs 4 6 3 4 1
New Lows 6 7 11 16 26
Blocks - primary 214 189 155 178 167
Total (000) - primary 30,923 27,099 22,892 22,983 21,277
Total (000) 285,330 276,495 240,771 241,847 203,412
Nasdaq
Daily Mar2 3 4 5 6
Issues Traded 3,366 3,350 3,324 3,337 3,348
Advances 2,407 949 2,552 566 691
Declines 895 2,322 698 2,692 2,603
Unchanged 64 79 74 79 54
New Highs 68 77 66 55 62
New Lows 171 178 128 373 623
Blocks - primary 20,202 21,070 18,915 18,368 18,378
Total (000) 4,261,853 4,327,445 3,606,251 3,723,486 4,276,212
NYSEArcaComposite
Daily Mar2 3 4 5 6
Issues Traded 1,576 1,575 1,576 1,573 1,573
Advances 1,326 469 1,318 304 259
Declines 244 1,096 251 1,260 1,308
Unchanged 6 10 7 9 6
New Highs 69 94 51 60 124
New Lows 39 29 7 77 350
Blocks - primary 2,965 3,228 2,237 2,457 3,173
Total (000) - primary 650,422 794,945 457,074 473,560 624,191
Total (000) 2,923,656 3,581,203 2,151,215 2,131,907 2,937,198
Market Laboratory
OTHERMARKETINDEXES
Daily 3/02 3/03 3/04 3/05 3/06
NYSEAmerComp2265.90 2244.68 2261.63 2192.73 2149.77
AmMajorMkt 2571.17 2488.01 2582.98 2488.69 2466.16
BNYADRIdx 135.27 132.87 137.02 133.57 130.67
Europe 121.66 119.19 123.88 120.27 118.04
Latin Am 198.75 195.95 199.66 190.88 182.02
Asia 171.32 168.73 172.29 169.50 165.70
Emerg M 308.51 304.06 310.98 305.40 296.56
DJUSTSMFloat31517.2230665.89 31903.90 30826.80 30275.44
NasdaqCmp 8952.16 8684.09 9018.09 8738.60 8575.62
100Index 8877.98 8594.49 8949.28 8671.66 8530.34
Indus. 6757.85 6602.92 6836.77 6627.86 6528.59
Insur. 9553.03 9324.36 9661.59 9292.74 9106.44
Banks 3453.01 3336.70 3396.48 3238.04 3133.25
Computer 5990.98 5767.20 6003.20 5809.93 5683.98
Telecom 371.01 360.95 373.91 360.98 356.50
NYSEComp.-z 12827.9912542.74 13009.96 12593.04 12352.03
Financial-z 8003.63 7769.45 8000.28 7686.66 7495.44
Health Care-z 17083.5516661.79 17628.13 17224.17 17104.22
Energy-z 7962.87 7754.91 7928.97 7683.25 7276.99
Russell1000 1708.13 1661.37 1729.80 1671.40 1641.98
2000 1518.49 1486.08 1531.20 1478.82 1449.22
3000 1805.71 1756.96 1828.13 1766.37 1735.01
Value-v 1235.16 1204.11 1251.72 1207.99 1184.05
Growth-v 1763.13 1711.44 1784.38 1725.97 1698.90
MidCap 2228.83 2179.22 2258.44 2181.19 2132.99
S&P100Index 1388.71 1346.23 1402.72 1356.10 1335.46
500 3090.23 3003.37 3130.12 3023.94 2972.37
Ind. 4211.18 4091.10 4267.50 4128.40 4064.38
MidCap 1875.47 1835.19 1899.66 1830.62 1797.79
SmallCap 907.89 888.60 916.47 883.67 867.20
ValueLine(A) 5950.49 5811.03 5984.14 5747.89 5615.30
ValueLine(G) 487.94 476.33 490.35 470.70 459.47
DJUSSmallTSM10256.5010029.20 10325.81 9960.23 9760.16
(A)-ArithmeticIndex.(G)-GeometricIndex.
(v)-Value1000andGrowth1000.(y)-Dec.31,1965=50.(z)-Dec.
31,2002=5000.
THE DOW JONES AVERAGES
INDUSTRIALS
24000
24650
25300
25950
26600
27250
27900
28550
29200
29850
TRANSPORTATION
8550
8975
9400
9825
10250
10675
11100
11525
UTILITIES
800
840
880
920
960
1000
Sep Oct Nov Dec Jan Feb Mar
COMPONENTS
Week's
Change
3M 4.41
American Express -1.69
Apple 15.67
Boeing -12.78
Caterpillar -2.83
Chevron 1.98
Cisco Systems -0.25
Coca-Cola 1.77
Disney -2.38
Dow -1.44
ExxonMobil -3.75
Goldman Sachs -7.92
Home Depot 10.67
IBM -2.42
Intel 0.25
Johnson & Johnson 7.55
JPMorgan Chase -8.03
McDonald's 4.69
Merck 5.64
Microsoft -0.44
Nike Cl B -1.02
Pfizer 1.60
Procter & Gamble 8.43
Travelers Cos 5.03
United Technologies -4.11
UnitedHealth Group 28.91
Verizon Communications 2.71
Visa Cl A 2.60
Walgreens Boots Alliance 4.75
Walmart 9.55
Alaska Air Group -5.25
American Airlines Group -3.08
Avis Budget Group -8.25
CH Robinson Worldwide -2.82
CSX -2.20
Delta Air -0.24
Expeditors Intl of Wash 0.06
FedEx -13.49
JB Hunt Transport -3.21
JetBlue Airways -1.90
Kansas City Southern -3.60
Kirby Corp -4.81
Landstar System 0.37
Matson Inc. -0.87
Norfolk Southern -7.75
Ryder System -3.61
Southwest Airlines -0.46
Union Pacific -3.72
United Airlines -9.49
United Parcel Service B 3.51
AES 0.09
American Elec Power 8.44
American Water Works 17.34
CenterPoint Energy -1.47
Consolidated Edison 9.08
Dominion Energy 8.52
Duke Energy 7.35
Edison Intl 0.40
Exelon 2.06
FirstEnergy 1.95
NextEra Energy 19.06
NiSource 2.44
Public Service Enterprise 3.42
Sempra Energy 2.09
Southern 6.51
Note: Theoretical highs and lows are shown.