Barron's - USA (2021-07-12)

July 12, 2021 BARRON’S M35

STOCKVOLUME

Last Prev. Year YOY

Week Week Ago %Chg

NYSE(a) 3,677,2794,362,5044,881,864 -24.67

30 DowInds (b) 1,291,322 1,440,936 1,751,349 -26.27

20 DowTrans (b) 388,922 482,856 1,093,789 -64.44

15 DowUtils (b) 149,081 197,474 280,944 -46.94

65 DowStks (b) 1,829,326 2,121,266 3,126,082 -41.48

NYSEAmerican (a) 72,187 112,586 120,720 -40.20

Nasdaq(d) 17,352,913 22,272,499 20,248,231 -14.30

NYSE15 Most Active

Average Price 23.03 22.66 25.21 -8.65

%Tot Vol 20.05 20.16 21.55 -6.96

StockOfferings $(z,v) 360,400r17,861,9004,127,800 -91.27

DailyStockVolume

Daily 7/5 7/6 7/7 7/8 7/9

NYSE(a) ... 1,003,482 885,232 972,896 815,669

30 Inds(b) ... 348,429.8 305,379.8 335,759.6 301,753.1

20 Trans (b) ... 84,911.3 100,313.6 117,094.6 86,602.5

15 Utils(b) ... 39,032.1 32,758.6 37,691.8 39,598.8

65 Stks(b) ... 472,373.2 438,452.0 490,546.0 427,954.4

NYSE Amer(a) ... 17,343 17,671 22,160 15,012

Nasd(d) .... 4,471,895 4,584,494 4,522,979 3,773,545

NYSE 15 Most Active

Avg. Price .... 22.88 21.62 34.75 28.81

%Tot Vol .... 21.74 21.41 20.83 20.38

Numbersinthousandssavepriceandpercentages.(a)Primary

volume. (b)Compositevolume.(d)asof4:10pm.(r)Revised.(v)

W/EThursday.(z)Source:Refinitiv.

Last Prev. Year

Week Week Ago

DJIndAvg 34870.16 34786.35 26075.30

P/ERatio 28.88 28.81 22.35

Earns Yield% 3.46 3.47 4.48

Earns $ 1207.43 1207.43 1166.89

Divs Yield% 1.73 1.73 2.36

Divs $ 603.19 603.11 614.50

Mkt to Book 5.21 5.20 4.00

Book Value $ 6688.86 6688.86 6512.92

DJTransAvg 14842.77 15036.23 9312.48

P/ERatio 0.00 0.00 21.92

Earns Yield% 0.00 0.00 4.56

Earns $ (58.49) (58.49) 424.84

Divs Yield% 1.06 1.05 1.62

Divs $ 157.63 157.63 150.81

Mkt to Book 4.38 4.44 2.87

Book Value $ 3389.19 3389.19 3239.67

DJUtilityAvg 894.20 885.78 791.35

P/ERatio 22.72 22.51 23.86

Earns Yield% 4.40 4.44 4.19

Earns $ 39.36 39.36 33.16

THEWEEKINSTOCKSFORTHEMAJORINDEXES

12-Month Weekly Friday Weekly 12-Month ChangeFrom

High Low High Low Close Chg. %Chg. Chg. %Chg. 12/31 %Chg.

DowJonesIndexes

34870.16 26075.30 30 Indus 34870.1634421.93 34870.16 83.81 0.24 8794.86 33.73 4263.68 13.93

15943.30 9305.95 20 Transp 14965.6614475.22 14842.77 –193.46 –1.29 5530.29 59.39 2335.84 18.68

933.37 785.16 15 Utilities 895.97 889.68 894.20 8.42 0.95 102.85 13.00 29.56 3.42

11738.22 8415.93 65 Comp 11490.9011321.73 11490.90 –9.37 –0.08 3074.97 36.54 1382.19 13.67

DowJonesIndexes

45491.1232051.64 USTSMFloat 45491.1244922.90 45491.12 112.98 0.25 13082.78 40.37 6271.50 15.99

1099.43 781.06 US Market 1099.43 1086.41 1099.43 4.01 0.37 309.91 39.25 152.08 16.05

1130.36 796.98 Internet 1130.36 1114.97 1126.50 8.16 0.73 294.21 35.35 164.93 17.15

NewYorkStockExchange

16708.74 12014.66 Comp-z 16633.3016359.70 16633.30 –41.55 –0.25 4557.72 37.74 2108.50 14.52

10234.45 6635.99 Financial-z 9919.56 9690.99 9919.56 –37.26 –0.37 3165.22 46.86 1626.71 19.62

22248.96 17558.15 HealthCare-z 22248.9622120.45 22223.64 78.38 0.35 4665.49 26.57 2177.96 10.87

9140.32 4776.65 Energy-z 8661.78 8498.79 8653.68 –255.86 –2.87 2617.94 43.37 2150.90 33.08

NYSEAmericanStockExchange

3320.62 1904.19 NYSEAmer Comp 3160.12 3070.70 3124.88 –72.68 –2.27 1146.97 57.99 763.98 32.36

3100.23 2318.41 MajorMkt 3100.23 3062.89 3100.23 7.10 0.23 737.91 31.24 353.20 12.86

Standard&Poor'sIndexes

2005.92 1466.64 100 Index 2005.92 1986.97 2005.92 12.80 0.64 523.96 35.36 285.42 16.59

4369.55 3155.22 500 Index 4369.55 4320.82 4369.55 17.21 0.40 1184.51 37.19 613.48 16.33

6118.54 4461.32 Indus 6118.54 6063.92 6118.54 29.46 0.48 1606.50 35.60 821.26 15.50

2770.27 1754.40 MidCap 2706.42 2648.43 2706.42 –3.15 –0.12 933.44 52.65 399.80 17.33

1414.12 809.47 SmallCap 1359.58 1324.40 1359.58 –10.10 –0.74 542.21 66.34 240.65 21.51

NasdaqStockMarket

14701.92 10363.18 Comp 14701.9214559.78 14701.92 62.59 0.43 4084.48 38.47 1813.64 14.07

14826.09 10483.13 100 Index 14826.0914722.14 14826.09 98.46 0.67 3989.76 36.82 1937.81 15.04

11219.80 8107.95 Indus 11191.2611088.16 11191.26 112.58 1.02 2897.05 34.93 794.44 7.64

11478.62 8432.44 Insur 10837.6010542.49 10780.92 –185.94 –1.70 2315.48 27.35 694.49 6.89

4849.40 2388.35 Banks 4477.43 4305.86 4477.43 –28.27 –0.63 1929.00 75.69 930.54 26.24

10598.00 6986.16 Computer 10598.0010489.18 10585.51 52.20 0.50 3301.44 45.32 1767.98 20.05

538.93 383.99 Telecom 538.55 535.84 538.55 –0.39 –0.07 106.58 24.67 64.41 13.59

RussellIndexes

2457.65 1748.01 1000 2457.65 2428.86 2457.65 8.78 0.36 689.63 39.01 336.78 15.88

2360.17 1403.57 2000 2280.00 2231.68 2280.00 –25.76 –1.12 857.33 60.26 305.15 15.45

2604.49 1836.85 3000 2604.49 2572.35 2604.49 6.75 0.26 746.40 40.17 356.05 15.84

1595.97 1115.79 Value-v 1573.13 1549.21 1573.13 –4.32 –0.27 455.62 40.77 223.51 16.56

2797.68 1995.16 Growth-v 2797.68 2774.07 2797.68 26.56 0.96 761.13 37.37 369.92 15.24

3191.50 2138.49 MidCap 3191.18 3138.81 3191.18 –0.32 –0.01 1026.94 47.45 448.13 16.34

Others

9825.86 5829.17 Value Line-a 9733.17 9483.63 9671.90 –61.27 –0.63 3791.07 64.46 1758.87 22.23

685.08 435.15 Value Line-g 676.55 658.89 671.89 –4.66 –0.69 232.73 52.99 103.12 18.13

15706.57 9527.77 DJ US SmallTSM 15339.6215008.34 15339.62 –130.68 –0.84 5668.33 58.61 2090.95 15.78

1019.95 661.66 Barron's 400 1015.54 997.86 1015.54 –2.76 –0.27 347.08 51.92 163.34 19.17

High/Low'sarebaseduponthedailyclosingindex.a-ArithmeticIndex.G-GeometricIndex.V-Value1000andGrowth1000y-Dec.
31,1965=50z-Dec.31,2002=5000

144FILINGS

SEC Form 144 must be filed by holders of restricted securities (also called letter stock) who intend to sell shares. Shares Indi-

cated:thenumbertobesold.SalesDate:theapproximatedateofthesale.(Sometimessharesaren'tsold,eventhoughtheirowner

has filed a Form144.) Source: Thomson Reuters

Shares Sale
Company Sym Indicated $Value Date Seller Title

Coursera COUR 350,000 14,689,500 6/29/21 Maggioncalda, Jeffrey AF

Macom Technology Solutions MTSI 350,000 22,183,000 6/28/21 Ocampo,John AF

Oracle ORCL 325,000 25,512,500 6/29/21 Daley,Dorian AF

Copart CPRT 300,000 39,952,811 6/29/21 Adair, Aaron UT

Draftkings DKNG 286,004 14,857,907 6/30/21 Robins,Jason AF

Coursera COUR 275,000 11,541,750 6/29/21 Hahn, Kenneth AF

Unity Software U 217,124 22,804,404 7/1/21 Riccitiello,John AF

Coursera COUR 185,330 7,778,300 6/29/21 Wang,Xueyan AF

Coursera COUR 177,122 7,433,810 6/29/21 Caldbeck,Kimberly AF

Dynatrace DT 159,051 9,543,060 6/28/21 Burns,Kevin UT

Divs Yield% 3.08 3.11 3.31

Divs $ 27.57 27.57 26.19

Mkt to Book 2.39 2.37 2.13

Book Value $ 374.40 374.40 370.98

S&P500Index 4369.55 4352.34 3185.04

P/ERatio 34.08 46.24 27.38

Earns Yield% 2.93 2.16 3.65

Earns $ 128.20 94.13 116.33

Divs Yield% 1.35 1.36 1.81

Divs $ 58.99 59.19 57.65

Mkt to Book 4.71 4.69 3.48

Book Value $ 927.52 927.52 914.49

S&PIndIndex 6118.54 6089.08 4512.04

P/ERatio 40.90 53.05 32.48

Earns Yield% 2.44 1.88 3.08

Earns $ 149.59 114.77 138.90

Divs Yield% 1.22 1.22 1.59

Divs $ 74.65 74.29 71.74

Mkt to Book 6.53 6.50 4.78

Book Value $ 936.72 936.72 944.26

Last Prev. Year

Week Week Ago

U.S. DOLLAR INDEX vs EURO and YEN

-10

0

10

A S O N D J F M A M JJ

EURO in $

s

YEN in $

s

DXY (92.10)

s

Source: Tullett Prebon

Easing Money: As U.S. Treasury yields touched their lowest level in five months,

gold gained and the U.S. Dollar Index eased 0.1% for the week.

DISTRIBUTIONS&OFFERINGS

SecondaryDistributionsofcommonstocks

EllingtonFinancial 6,000,000 $18.22 $109,320,000

IDEAYA Biosciences 4,637,681 $17.25 $79,999,997

VistaGold 12,272,730 $1.10 $13,500,003

Source:DealogicLLC,NewYorkCity;(212)577-4400.

INDEXES'P/ES&YIELDS

DJ latest 52-week earnings and dividends adjusted by Dow Divisors at Friday's close. S&P Dec. 4-quarter's GAAP earnings as

reported and indicated dividends based on Friday close.S&P 500 P/E ratios based on GAAP earnings as reported. For additional

earningsseries,pleaserefertowww.spglobal.com.DJlatestavailablebookvaluesforFY2019and2018,andS&Platestfor2020and

2019. r-Revised data

Market Laboratory

BARRON'S50-STOCKAVERAGE

This index is an weighted average of 50 leading issues.

Useful in security valuation. Source: Barron's Stats

Jul8 Jul1 July Yr-to-Yr

2021 2021 2020 %Chg

S&P 500 Index 4320.82 4319.94 3193.07 35.32

Barron's 50 Index 10924.47 11051.038252.01 32.39

Projected quarterly earn 128.28 128.28 58.09 120.83

Annualized projected earn 513.12 513.12 232.35 120.83

Annualized projected P/E 21.29 21.54 35.8 –40.53

Five-year averageearn 388.87 388.87 394.05 –1.32

Five-year averageP/E 28.09 28.42 20.9 34.15

Year-end earn 352.46 352.46 348.41 1.16

Year-end P/E 30.99 31.35 23.7 30.86

Year-end earns yield,% 3.23 3.19 4.2 –23.62

Best gradebond yields, % 1.48 1.47 1.66 –10.84

Bondyields/stock ylds, % 0.46 0.46 0.39 16.81

Actual year-enddivs 216.73 216.56 221.84 –2.31

Actual yr-end divs yld,% 1.98 1.96 2.69 –26.24

PERSHAREVALUESOFSTOCKSINTHEDOW

JONESAVERAGES

This is a list of the Dow Jones trailing 52-week diluted

share earnings, dividends and book values as reported

by the company. Bolded numbers indicate new values.

Sources Barron's Stats and FactSet.

IndustrialStocks

Book

Earns Divs. Value

Am Exp 6.09 1.72 28.48

Amgen 12.09 6.72 16.36

Apple 4.46 0.835 20.37

Boeing (20.56)Suspended(15.31)

Caterpillar 6.25 4.12 26.52

ChevronCorp (4.17) 5.21 76.62

Cisco Sys 2.41 1.46 7.90

Coca Cola 1.67 1.66 4.43

DisneyWalt (2.49) 0.00 49.90

Dow 2.62 2.80 18.26

GoldmanSachs40.81 5.00227.62

Home Depot 13.65 6.30 (2.89)

Honeywell 6.54 3.69 26.01

IBM 5.98 6.53 23.49

Intel 4.45 1.35 18.07

Book

Earns Divs. Value

Johnson&John 5.66 4.09 22.59

JPMorgChase 12.59 3.60 75.98

McDonalds 6.89 5.12(11.00)

MerckCo 2.76 2.56 10.20

Microsoft 7.34 2.19 15.63

NikeInc 3.56 1.07 5.17

ProcGam 5.43 3.241 18.40

3M Co 9.80 5.90 17.50

Salesforce.com 4.78 0.00 37.95

Travelers Cos 10.85 3.43101.54

UnitedHealth Grp 17.59 5.20 60.78

Verizon 4.56 2.51 14.84

Visa 4.84 1.26 13.53

Walgreens 2.64 1.87 26.26

Wal-mart 4.30 2.18 26.36

TransportationStocks

Alaska AirGroup(9.74)Suspended35.21

AmericanAirlines(15.31)Suspended(0.28)

Avis Budget Grp(10.00) Nil 8.86

C.H.Robinson 4.42 2.04 12.39

CSX Corp 1.18 0.36 15.32

DeltaAir Lines (20.52)Suspended23.89

Expeditors Int'l 5.04 1.10 12.94

FedEx 19.45 2.70 69.84

Hunt(JB) 5.13 1.11 21.34

JetBlue Air (4.24) Nil 17.02

KC Southern 6.65 1.92 45.95

KirbyCorp 1.19 Nil 56.18

LandstarSys 5.95 0.84 18.28

Matson Inc 6.34 0.92 18.78

Norf Southern 9.06 3.86 58.87

Ryder Sys 0.63 2.24 46.48

SouthwestAir (4.94) 0.00 18.94

UnPacific 7.73 3.98 26.19

UPS 1.63 4.06 3.81

UnitedAirlines (22.80) Nil 45.90

UtilityStocks

AES Corp. (0.37) 0.5876 4.51

Am Elec 4.60 2.92 39.73

AmericanWater Works 3.96 2.2525 33.85

Atmos Energy 5.50 2.45 48.18

Con Ed 3.40 3.06 54.12

DominionEnergy 1.05 2.83 35.33

DukeEnergy 1.74 3.86 61.20

Edison Int'l 2.08 2.625 36.75

Exelon 1.11 1.53 33.12

FirstEnergy 2.00 1.56 12.90

NextEra Energy 2.12 1.47 75.67

Xcel Energy 2.89 1.775 25.24

Pub Sv Ent 4.16 2.00 29.94

SempraEnergy 13.12 4.235 60.58

Southn Co. 3.20 2.58 25.03

ComingU.S.Auctions

Yields(%)

Day When Last

Issued* Auction

M

$57.0bil 3-month 0.050 0.050

$54.0bil 6-month 0.055 0.050

$58.0bil 3-year 0.390 0.325

$38.0bil 9-yr10-ms 1.348 1.497

T

$34.0bil 1-year 0.070 0.070

*AsofFridayafternoon.

DELTAMARKETSENTIMENTINDICATOR

The Delta MSI measures the position of ~1,800 stocks relative to an

intermediate-term moving average crossover (MAC) point. When

greaterthan50%ofthestocksfollowedareabovethisMACpoint,the

market is bullish and equities are attractive. When the indicator is

below 50%, risk is elevated and stock exposures should be reduced.

ManagerusesdiscretiononassetallocationwhenMSIis50%+/-3%.

Last 2Weeks 3Weeks

CurrentSentiment Week Ago Ago

BULLISH 56.3% 59.7% 52.9%

CurrentMarketExposure:100%Equities,0%Bonds,0%Cash

Source:DeltaInvestmentManagement

http://www.deltaim.com,(415)249-6337