TGH 25 Stock Index shows decline as corporate earnings report season begins

The Golden Hammer Business Staff Reports

New York and Conroe, October 14 – The TGH 25 Stock Index fell as bad corporate earnings reports hit stocks such as Boeing quite hard. Although Boeing did not report yesterday, several major airlines showed sharply reduced earnings as a result of the Chinese Coronavirus.

Since the entire purpose of the TGH 25 Stock Index is to measure the true condition of the United States economy, one would expect that the index would be less volatile than the other stock indices which the liberal news media tends to highlight. The market continued to react to political occurrences.

The TGH 25 Stock Index fell only 0.4%, while the more volatile S&P 500 fell 0.6%, the Dow Jones Industrial Average rose 0.5%, and the NASDAQ Composite declined 0.1%.

The Walt Disney Company enjoyed the largest increase among the TGH 25 stocks.

The TGH 25 Stock Index declined only slightly, because it measures economic growth rather the flighty political machinations in the news.

Kelli Ann Cox, Publisher of The Golden Hammer, said about Tuesday’s trading, “The TGH 25 Stock Index is truly one of the most exciting measures of the American economy I’ve ever seen. So many of us have a keen interest in econometrics. The Index gives a great shorthand view of the entire American economy. I no longer have to spend several hours a day reading financial statistics and can instead enjoy more time with family and friends by referring only to one important statistic, the TGH 25 Stock Index.”

The TGH 25 Stock Index as of 12:01 a.m., Tuesday, October 14, 2020 is:

103.95. (Down 0.45 from yesterday.)

The base date with a 100 average for the TGH 25 Stock Index was the close of trading on Wall Street on Friday, October 2, 2020. The following is the full TGH 25 Stock Index component stocks with their stock prices as of October 13, 2020, at 4 p.m., EDT:

STOCK                                                 TRADING SYMBOL           CLOSING PRICE 10.2.20                 CLOSING PRICE 10.13.20          COMPONENT SCORE (OUT OF 4)

Alphabet, Inc. (Google)                   GOOGL (Nasdaq)                 1455.60                                                   1567.07                                         4.31

Amazon                                             AMZN (Nasdaq)                   3,125.00                                                    3,443.63                                      4.41

American Express                            AXP (NYSE)                           101.61                                                       105.01                                          4.13

Apple                                                  AAPL (Nasdaq)                     113.02                                                        121.10                                          4.29

Archer Daniels Midland                   ADM (NYSE)                         46.74                                                       48.83                                            4.18

Berkshire Hathaway                        BRK.A (NYSE)                      317,480.00                                              318,969.00                                 4.02

Boeing                                               BA (NYSE)                             168.08                                                        162.14                                          3.86

Comcast Corp.                                 CMCSA (Nasdaq)                45.15                                                             45.89                                           4.07

CVS Health Corp.                            CVS (NYSE)                          57.83                                                            59.12                                           4.09

Disney                                                DIS (NYSE)                            122.55                                                         128.96                                        4.21

DuPont                                               DD (NYSE)                             54.77                                                          58.32                                           4.26

ExxonMobil                                       XOM (NYSE)                         32.98                                                         34.22                                            4.15

Facebook                                          FB (Nasdaq)                          259.94                                                          276.14                                         4.25

General Motors                                GM (NYSE)                            30.46                                                           31.87                                          4.19

Kroger                                                KR (NYSE)                             34.07                                                           34.80                                           4.09

Nike                                                    NKE (NYSE)                          126.64                                                         129.20                                          4.08

PepsiCo                                             PEP (Nasdaq)                       138.06                                                           143.54                                          4.16

Simon Property Group                    SPG (NYSE)                          68.20                                                           65.82                                           3.86

Sirius XM                                           SIRI (Nasdaq)                       5.56                                                              5.885                                           4.23

Starbucks                                          SBUX (Nasdaq)                    86.57                                                             90.16                                           4.17

Tesla                                                   TSLA (Nasdaq)                     415.09                                                          446.649994                                4.30

United Health Group, Inc.              UNH (NYSE)                       311.98                                                           331.42                                          4.25

UPS                                                    UPS (NYSE)                          166.96                                                           175.33                                          4.20

Walmart                                             WMT (NYSE)                         140.50                                                        146.23                                          4.16

Weyerhauser                                     WY (NYSE)                            29.11                                                            29.31                                             4.03

TOTAL                                                                                                                                                                                                                              103.95




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