Morning Note

512 total posts

CAPIS Morning Note – 1/22/21: Second Friday In A Row Stocks Are Selling Off

Morning Note

Morning Note

posted by CAPIS on 01/22/2021 at 7:23 am
by CAPIS on 01/22/2021

Covid-19 Statistics:  Total Cases 24,295,524 from 24,109,760 Deaths 400,726 from 396,837 New Tests 1,919,138 from 1,788,698 New Cases 184,864 from 185,822 with positivity rate of 9.6% (down 0.6) Daily Deaths 3,889 Current Hospitalizations 119,927 from 122,700 Capital Raises: IPOs Priced: Passage BIO (PASG) prices 7 million shares at $22. Trinity Capital (TRIN) begins IPO finalization process with a range of $13.50 to $15.50. Secondaries Priced: NVTA SI AZEK CRSR SENS  of note. Notes Priced of note:  BSY  of note. Common Stock filings: PGEN GSL ARKO SENS DCBO VUZI of note. Selling Shareholders of note: ARKO of note. Mixed Shelf Offerings: GLP of note. Convertible Offering Files: None of note. Chart of The Day: Gamestop (GME) came up on our conference call yesterday. Here is out chart. Earnings Out After The Close Of Note: Beats: SIVB +3.57, WAL +0.59, ISRG +0.48, INTC +0.41, NBHC +0.27, IBM +0.19, STX +0.16, OZK +0.15, ASB +0.09, CSX +0.03, PBCT +0.03, PPG +0.01 Flat:  TCBI +0.00, WABC +0.00 Misses: none News After The Close: Associated Bank (ASB) CEO to retire at end of this year. Sierra Wireless (SWIR) CEO to retire as well. House permits General Lloyd Austin to become the first black Secretary of Defense. Northrop Grumman (NOC) wins $3.6 billion Air Force Contract. Ford…

Covid-19 Statistics:  Total Cases 24,295,524 from 24,109,760 Deaths 400,726 from 396,837 New Tests 1,919,138 from 1,788,698 New Cases 184,864 from 185,822 with positivity rate of 9.6% (down 0.6) Daily Deaths 3,889 Current Hospitalizations 119,927 from 122,700 Capital Raises: IPOs Priced: Passage BIO (PASG) prices 7 million shares at $22. Trinity Capital (TRIN) begins IPO finalization process with a range of $13.50 to $15.50. Secondaries Priced: NVTA SI AZEK CRSR SENS  of note. Notes Priced of note:  BSY  of note. Common Stock filings: PGEN GSL ARKO SENS DCBO VUZI of note. Selling Shareholders of note: ARKO of note. Mixed Shelf Offerings: GLP of note. Convertible Offering Files: None of note. Chart of The Day: Gamestop (GME) came up on our conference call yesterday. Here is out chart. Earnings Out After The Close Of Note: Beats: SIVB +3.57, WAL +0.59, ISRG +0.48, INTC +0.41, NBHC +0.27, IBM +0.19, STX +0.16, OZK +0.15, ASB +0.09, CSX +0.03, PBCT +0.03, PPG +0.01 Flat:  TCBI +0.00, WABC +0.00 Misses: none News After The Close: Associated Bank (ASB) CEO to retire at end of this year. Sierra Wireless (SWIR) CEO to retire as well. House permits General Lloyd Austin to become the first black Secretary of Defense. Northrop Grumman (NOC) wins $3.6 billion Air Force Contract. Ford…

CAPIS Morning Note – 1/21/21: President Biden Using Executive Order Extensively, Futures Positive

Morning Note

Morning Note

posted by CAPIS on 01/21/2021 at 7:25 am
by CAPIS on 01/21/2021

Covid-19 Statistics:  Total Cases 24,109,760 from 23,923,938 Deaths 396,837 from 392,428 New Tests 1,788,698 from 1,698,121 New Cases 185,822 from 144,047 with positivity rate of 10.3% (up 1.9) Daily Deaths 4,409 Current Hospitalizations 122,700 from 123,820 Capital Raises: IPOs Priced: Dream Finders Homes (DFH) prices 9.6 million shares IPO priced at $13 in line with range of $12 to $15. Trinity Capital (TRIN) begins IPO finalization process with a range of $13.50 to $15.50. Secondaries Priced: OCX ATHA CMRX DYN ORC CTMX INO EDIT CYRX CDNA  of note. Notes Priced of note:  None of note. Common Stock filings:  NVTA DCBO ORC SI INO ONCS RFL UK   of note. Selling Shareholders of note:  UBER of note. Mixed Shelf Offerings: AQB AWH  of note. Convertible Offering Files:  VNET BSY  of note. Earnings Out After The Close Of Note: Beats: DFS +0.29, HWC +0.27, WTFC +0.22, UMPQ +0.20, AA +0.19, PLXS +0.13, KMI +0.03, STL +0.03 Flat:  none Misses: UAL (0.58) News After The Close: Oakwood Acquisition Corp (OAC) which is a SPAC has bought Him & Hers Health and will trade under HIMS this morning. Qiagen (QGEN) notes that their test works on new strains of Covid-19. Illumina (ILMN) favorable patent suits against BGI in U.K. FTAC Olympus…

Covid-19 Statistics:  Total Cases 24,109,760 from 23,923,938 Deaths 396,837 from 392,428 New Tests 1,788,698 from 1,698,121 New Cases 185,822 from 144,047 with positivity rate of 10.3% (up 1.9) Daily Deaths 4,409 Current Hospitalizations 122,700 from 123,820 Capital Raises: IPOs Priced: Dream Finders Homes (DFH) prices 9.6 million shares IPO priced at $13 in line with range of $12 to $15. Trinity Capital (TRIN) begins IPO finalization process with a range of $13.50 to $15.50. Secondaries Priced: OCX ATHA CMRX DYN ORC CTMX INO EDIT CYRX CDNA  of note. Notes Priced of note:  None of note. Common Stock filings:  NVTA DCBO ORC SI INO ONCS RFL UK   of note. Selling Shareholders of note:  UBER of note. Mixed Shelf Offerings: AQB AWH  of note. Convertible Offering Files:  VNET BSY  of note. Earnings Out After The Close Of Note: Beats: DFS +0.29, HWC +0.27, WTFC +0.22, UMPQ +0.20, AA +0.19, PLXS +0.13, KMI +0.03, STL +0.03 Flat:  none Misses: UAL (0.58) News After The Close: Oakwood Acquisition Corp (OAC) which is a SPAC has bought Him & Hers Health and will trade under HIMS this morning. Qiagen (QGEN) notes that their test works on new strains of Covid-19. Illumina (ILMN) favorable patent suits against BGI in U.K. FTAC Olympus…

CAPIS Morning Note – 1/20/21: Futures Higher As President-Elect Joe Biden Becomes The 46th President Today

Morning Note

Morning Note

posted by CAPIS on 01/20/2021 at 8:05 am
by CAPIS on 01/20/2021

Lead Story: President-Elect Joe Biden to become the 46th President of the United States. (NBC News) Covid-19 Statistics:  Total Cases 23,923,938 from 23,778,275 Deaths 392,428 from 390,262 New Tests 1,698,121 from 2,079,206 New Cases 144,047 from 150,385 with positivity rate of 8.4% (down 1.2) Daily Deaths 2,141 Current Hospitalizations 123,820 from 123,848 Capital Raises: IPOs Priced: Secondaries Priced:   TCRR FULC  SYRS GEVO of note. Notes Priced of note:  None of note. Common Stock filings:  ACRX SYRS PASG LAC PERI ACRS FULC EDIT CRSR MRUS  CMRX BNGO AZEK CYRX  of note. Selling Shareholders of note:  None of note. Mixed Shelf Offerings:  GEVO IDEX  of note. Convertible Offering Files:  None of note. Earnings Out After The Close Of Note: Beats: ZION +0.63, PNFP +0.35, JBHT +0.13, IBKR +0.11, UCBI +0.08, FNB +0.04 Flat:  None Misses: NFLX (0.22), FULT (0.01) News After The Close: US Foods (USFD) wins $390 Defense Logistics Agency contract. NYC will run out of vaccine on Thursday. (NYT) Dividend Increases: OGS CTAS FAST  Split Announcement: EXPI (2:1) Raises Guidance: OGS Lowers Guidance: Stock Buyback New Or Increase: DFS Insider Buys: Erlanger Valuelines Action– Each day Erlanger Research through its Chart Room track resistance, pivot and support levels. HFT and Algo firms use these…

Lead Story: President-Elect Joe Biden to become the 46th President of the United States. (NBC News) Covid-19 Statistics:  Total Cases 23,923,938 from 23,778,275 Deaths 392,428 from 390,262 New Tests 1,698,121 from 2,079,206 New Cases 144,047 from 150,385 with positivity rate of 8.4% (down 1.2) Daily Deaths 2,141 Current Hospitalizations 123,820 from 123,848 Capital Raises: IPOs Priced: Secondaries Priced:   TCRR FULC  SYRS GEVO of note. Notes Priced of note:  None of note. Common Stock filings:  ACRX SYRS PASG LAC PERI ACRS FULC EDIT CRSR MRUS  CMRX BNGO AZEK CYRX  of note. Selling Shareholders of note:  None of note. Mixed Shelf Offerings:  GEVO IDEX  of note. Convertible Offering Files:  None of note. Earnings Out After The Close Of Note: Beats: ZION +0.63, PNFP +0.35, JBHT +0.13, IBKR +0.11, UCBI +0.08, FNB +0.04 Flat:  None Misses: NFLX (0.22), FULT (0.01) News After The Close: US Foods (USFD) wins $390 Defense Logistics Agency contract. NYC will run out of vaccine on Thursday. (NYT) Dividend Increases: OGS CTAS FAST  Split Announcement: EXPI (2:1) Raises Guidance: OGS Lowers Guidance: Stock Buyback New Or Increase: DFS Insider Buys: Erlanger Valuelines Action– Each day Erlanger Research through its Chart Room track resistance, pivot and support levels. HFT and Algo firms use these…

CAPIS Morning Note – 1/19/21: Futures Strong This Morning As We Enter Inauguration Week

Morning Note

Morning Note

posted by CAPIS on 01/19/2021 at 8:06 am
by CAPIS on 01/19/2021

Covid-19 Statistics:  Total Cases 23,778,275 from  23,627,890 Deaths 390,262 from 388,869 New Tests 2,079,206 from 1,836,498 New Cases 150,385 from 185,518 with positivity rate of 7.2% (down 2.9) Daily Deaths 1,393 Current Hospitalizations 123,848 from 124,387 Capital Raises: IPOs Priced: Secondaries Priced:   None of note. Notes Priced of note:  None of note. Common Stock filings:  CRSP PRPH SENS of note. Selling Shareholders of note:  KERN of note. Mixed Shelf Offerings: SOL EYPT KIN of note. Convertible Offering Files:  None of note. Earnings Out After The Close Of Note: Beats: none Flat:  none Misses: none News After The Close: Lockheed Martin (LMT) wins $250 million Missile Defense Contract. Index Changes TRMB to S&P 500, YETI to S&P 400 and HTH to S&P 600. Barron’s + on TOL MMM +/- on GME INTC. Also, first week of the Roundtable. Dividend Increases:  Split Announcement:  Raises Guidance:  Lowers Guidance: Stock Buyback New Or Increase:  Insider Buys: Erlanger Valuelines Action– Each day Erlanger Research through its Chart Room track resistance, pivot and support levels. HFT and Algo firms use these levels to trade and much can be learned from following the valuelines. Blue highlighting indicates above average volatility.   What’s Happening This Morning: Futures value reflects the…

Covid-19 Statistics:  Total Cases 23,778,275 from  23,627,890 Deaths 390,262 from 388,869 New Tests 2,079,206 from 1,836,498 New Cases 150,385 from 185,518 with positivity rate of 7.2% (down 2.9) Daily Deaths 1,393 Current Hospitalizations 123,848 from 124,387 Capital Raises: IPOs Priced: Secondaries Priced:   None of note. Notes Priced of note:  None of note. Common Stock filings:  CRSP PRPH SENS of note. Selling Shareholders of note:  KERN of note. Mixed Shelf Offerings: SOL EYPT KIN of note. Convertible Offering Files:  None of note. Earnings Out After The Close Of Note: Beats: none Flat:  none Misses: none News After The Close: Lockheed Martin (LMT) wins $250 million Missile Defense Contract. Index Changes TRMB to S&P 500, YETI to S&P 400 and HTH to S&P 600. Barron’s + on TOL MMM +/- on GME INTC. Also, first week of the Roundtable. Dividend Increases:  Split Announcement:  Raises Guidance:  Lowers Guidance: Stock Buyback New Or Increase:  Insider Buys: Erlanger Valuelines Action– Each day Erlanger Research through its Chart Room track resistance, pivot and support levels. HFT and Algo firms use these levels to trade and much can be learned from following the valuelines. Blue highlighting indicates above average volatility.   What’s Happening This Morning: Futures value reflects the…

CAPIS Morning Note – 1/15/21: Stocks Sink Post Biden’s $1.9 Billion Plan Which Includes Raising Minimum Wage to $15

Morning Note

Morning Note

posted by CAPIS on 01/15/2021 at 7:48 am
by CAPIS on 01/15/2021

Covid-19 Statistics:  Total Cases 22,982,927 from 22,757,516 Deaths 379,451 from 375,471 New Tests 2,010,144 from 1,793,568 New Cases 222,944 from 219,090 with positivity rate of 11.1% (down 1.1) Daily Deaths 3,915 Current Hospitalizations 128,947 from 130,383 Capital Raises: IPOs Priced: Yesterday we missed the pricing of Poshmark (ALDX) that doubled post the pricing. Secondaries Priced:  AMWL EAF ITP of note. Notes Priced of note:  AAT CRC SBAC of note. Common Stock filings: ARKO SLNO EVGN VJET VTVT of note. Selling Shareholders of note: ARKO of note. Mixed Shelf Offerings: None of note. Convertible Offering Files:  None of note. Earnings Out After The Close Of Note: Beats: PRGS +0.13, WAFD +0.09 Flat:  none Misses: none News After The Close: Oceaneering Intl (OII) wins contract in excess of $225 million for Subsea Robotics during Q4. President-Elect Biden spoke last night about his $1.9 trillion stimulus plan. (CNBC) Dividend Increases: ADC KALU Split Announcement:  Raises Guidance: PRCH EAF SAP Lowers Guidance: PRGS Stock Buyback New Or Increase: LEN Insider Buys: What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -10   Dow Jones Industrial Average -113   NASDAQ +12    Russell 2000 -20. Fair values are lower. Asia lower…

Covid-19 Statistics:  Total Cases 22,982,927 from 22,757,516 Deaths 379,451 from 375,471 New Tests 2,010,144 from 1,793,568 New Cases 222,944 from 219,090 with positivity rate of 11.1% (down 1.1) Daily Deaths 3,915 Current Hospitalizations 128,947 from 130,383 Capital Raises: IPOs Priced: Yesterday we missed the pricing of Poshmark (ALDX) that doubled post the pricing. Secondaries Priced:  AMWL EAF ITP of note. Notes Priced of note:  AAT CRC SBAC of note. Common Stock filings: ARKO SLNO EVGN VJET VTVT of note. Selling Shareholders of note: ARKO of note. Mixed Shelf Offerings: None of note. Convertible Offering Files:  None of note. Earnings Out After The Close Of Note: Beats: PRGS +0.13, WAFD +0.09 Flat:  none Misses: none News After The Close: Oceaneering Intl (OII) wins contract in excess of $225 million for Subsea Robotics during Q4. President-Elect Biden spoke last night about his $1.9 trillion stimulus plan. (CNBC) Dividend Increases: ADC KALU Split Announcement:  Raises Guidance: PRCH EAF SAP Lowers Guidance: PRGS Stock Buyback New Or Increase: LEN Insider Buys: What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -10   Dow Jones Industrial Average -113   NASDAQ +12    Russell 2000 -20. Fair values are lower. Asia lower…

CAPIS Morning Note – 1/14/21: Federal Reserve Chairman Powell To Speak At 12:30 P.M. EST,

Morning Note

Morning Note

posted by CAPIS on 01/14/2021 at 7:57 am
by CAPIS on 01/14/2021

Covid-19 Statistics:  Total Cases 22,757,516 from 22,538,426 Deaths 375,471 from 371,449 New Tests 1,793,568 from 1,871,244 New Cases 219,090 from 213,885 with positivity rate of 12.2% (up 0.8) Daily Deaths 4,022 Current Hospitalizations 130,383 from 131,326 Capital Raises: IPOs Priced:   Petco Health And Wellness (WOOF) priced at $18 above expected range of $14 to $17. Aldeyra Therapeutics (ALDX) priced at $9.50. Secondaries Priced: VNT PRVB LMND NNDM  of note. Notes Priced of note:  None of note. Common Stock filings: ALDX GOEV  of note. Selling Shareholders of note: GOEV  of note. Mixed Shelf Offerings: ASM  of note. Convertible Offering Files:  ALRM of note. Earnings Out After The Close Of Note: Beats: none Flat:  none Misses: none News After The Close: Nordstrom (JWN) saw net sales decline around the 9 weeks of the holiday season by -22%. TimkenSteel (TMST) to raise on all special bar quality products by $40 per ton. House votes to impeach President Trump a second time. 10 Republicans voted to impeach, 232-197. Federal Reserve Vice Chairman Clarida says Federal Reserve  will not raise rates until inflation hits 2%. Johnson & Johnson (JNJ) vaccine for COvid-19 saw immune response last at least 71 days, Dividend Increases:  Split Announcement:  Raises Guidance:…

Covid-19 Statistics:  Total Cases 22,757,516 from 22,538,426 Deaths 375,471 from 371,449 New Tests 1,793,568 from 1,871,244 New Cases 219,090 from 213,885 with positivity rate of 12.2% (up 0.8) Daily Deaths 4,022 Current Hospitalizations 130,383 from 131,326 Capital Raises: IPOs Priced:   Petco Health And Wellness (WOOF) priced at $18 above expected range of $14 to $17. Aldeyra Therapeutics (ALDX) priced at $9.50. Secondaries Priced: VNT PRVB LMND NNDM  of note. Notes Priced of note:  None of note. Common Stock filings: ALDX GOEV  of note. Selling Shareholders of note: GOEV  of note. Mixed Shelf Offerings: ASM  of note. Convertible Offering Files:  ALRM of note. Earnings Out After The Close Of Note: Beats: none Flat:  none Misses: none News After The Close: Nordstrom (JWN) saw net sales decline around the 9 weeks of the holiday season by -22%. TimkenSteel (TMST) to raise on all special bar quality products by $40 per ton. House votes to impeach President Trump a second time. 10 Republicans voted to impeach, 232-197. Federal Reserve Vice Chairman Clarida says Federal Reserve  will not raise rates until inflation hits 2%. Johnson & Johnson (JNJ) vaccine for COvid-19 saw immune response last at least 71 days, Dividend Increases:  Split Announcement:  Raises Guidance:…

CAPIS Morning Note – 1/13/21: Futures Modestly Lower, House To Vote On Impeachment

Morning Note

Morning Note

posted by CAPIS on 01/12/2021 at 12:08 pm
by CAPIS on 01/12/2021

Lead Story: Covid-19 Statistics:  Total Cases 22,538,426 from 22,324,541 Deaths 371,449 from 367,393 New Tests 1,871,244 from 1,897,059 New Cases 213,885 from 193,857 with positivity rate of 11.4% (up 1.2) Daily Deaths 4,056 Current Hospitalizations 131,326 from 129,748 Capital Raises: IPOs Priced:  Affirm (AFRM) priced at $49 above expected range of $33 to $38. Secondaries Priced:   ZM MARA AFMD RILY  of note. Notes Priced of note:  NIO DOCU of note. Common Stock filings:  RPY RILY  PRVB AFMD AMWL   of note. Selling Shareholders of note:  VNT of note. Mixed Shelf Offerings:   MARA of note. Convertible Offering Files:  RPY of note. Earnings Out After The Close Of Note: Beats: KBH +0.19 Flat:  none Misses: none News After The Close: Kratos Defense & Security (KTOS) wins contract for Electa for Federal Risl and Authorization Management Advisory. Visas (V) and Plaid mutually terminate cancel merger as Department of Justice was interfering in the deal. Urban Outfitters Group (URBN) saw November/December Comps fall -9%. KB Home (KBH) beats estimates and sees backlog up 54%. Multiple investment firms out with latest assets under management, all rising APAM AB IVZ VRTS BEN LAZ WDR NASDAQ December  Equity Options volume 277 million contracts versus 242 million in November…

Lead Story: Covid-19 Statistics:  Total Cases 22,538,426 from 22,324,541 Deaths 371,449 from 367,393 New Tests 1,871,244 from 1,897,059 New Cases 213,885 from 193,857 with positivity rate of 11.4% (up 1.2) Daily Deaths 4,056 Current Hospitalizations 131,326 from 129,748 Capital Raises: IPOs Priced:  Affirm (AFRM) priced at $49 above expected range of $33 to $38. Secondaries Priced:   ZM MARA AFMD RILY  of note. Notes Priced of note:  NIO DOCU of note. Common Stock filings:  RPY RILY  PRVB AFMD AMWL   of note. Selling Shareholders of note:  VNT of note. Mixed Shelf Offerings:   MARA of note. Convertible Offering Files:  RPY of note. Earnings Out After The Close Of Note: Beats: KBH +0.19 Flat:  none Misses: none News After The Close: Kratos Defense & Security (KTOS) wins contract for Electa for Federal Risl and Authorization Management Advisory. Visas (V) and Plaid mutually terminate cancel merger as Department of Justice was interfering in the deal. Urban Outfitters Group (URBN) saw November/December Comps fall -9%. KB Home (KBH) beats estimates and sees backlog up 54%. Multiple investment firms out with latest assets under management, all rising APAM AB IVZ VRTS BEN LAZ WDR NASDAQ December  Equity Options volume 277 million contracts versus 242 million in November…

CAPIS Morning Note – 1/12/21: Futures Up Slightly After Yesterday’s Weakness

Morning Note

Morning Note

posted by CAPIS on 01/12/2021 at 7:41 am
by CAPIS on 01/12/2021

Lead Story: Banks tell President Trump we do not want your money or your organizations. Covid-19 Statistics:  Total Cases 22,324,541 from 22,124,929 Deaths 367,393 from 365,597 New Tests 1,897,059 from 1,935,115 New Cases 193,857 from 222,918 with positivity rate of 10.2% (down 1.3) Daily Deaths 1,739 Current Hospitalizations 129,748 from 129,229 Capital Raises: IPOs Priced:   Secondaries Priced:  THTX MNOV PSTL O  of note. Notes Priced of note: BOX of note. Common Stock filings: O LMND PANL ZM of note. Selling Shareholders of note: LMND of note. Mixed Shelf Offerings:  RADA PANL ZM of note. Convertible Offering Files: NIO DOCU of note. Earnings Out After The Close Of Note: Beats: SNX +1.51 Flat:  none Misses: none News After The Close: Pixelworks (PXLW) signs multi-year collaboration agreement with TCL. Note this stock is heavily shorted and in the Erlanger Consumer/Tech Portfolio. Walmart (WMT) announces new fintech startup with Ribbit Capital. Intel (INTC) announces four new chip families at CES. Facebook (FB) announces removal of content with  #stopthesteal. Acacia Communications (ACIA) files counterclaim against Cisco (CSCO). Homeland Security Head Chad Wolf steps down with 8 days to go in his service. Ford (F) stops manufacturing in Brazil. Dividend Increases: STAG BRMK Split Announcement:  Raises Guidance: EAR ACIA…

Lead Story: Banks tell President Trump we do not want your money or your organizations. Covid-19 Statistics:  Total Cases 22,324,541 from 22,124,929 Deaths 367,393 from 365,597 New Tests 1,897,059 from 1,935,115 New Cases 193,857 from 222,918 with positivity rate of 10.2% (down 1.3) Daily Deaths 1,739 Current Hospitalizations 129,748 from 129,229 Capital Raises: IPOs Priced:   Secondaries Priced:  THTX MNOV PSTL O  of note. Notes Priced of note: BOX of note. Common Stock filings: O LMND PANL ZM of note. Selling Shareholders of note: LMND of note. Mixed Shelf Offerings:  RADA PANL ZM of note. Convertible Offering Files: NIO DOCU of note. Earnings Out After The Close Of Note: Beats: SNX +1.51 Flat:  none Misses: none News After The Close: Pixelworks (PXLW) signs multi-year collaboration agreement with TCL. Note this stock is heavily shorted and in the Erlanger Consumer/Tech Portfolio. Walmart (WMT) announces new fintech startup with Ribbit Capital. Intel (INTC) announces four new chip families at CES. Facebook (FB) announces removal of content with  #stopthesteal. Acacia Communications (ACIA) files counterclaim against Cisco (CSCO). Homeland Security Head Chad Wolf steps down with 8 days to go in his service. Ford (F) stops manufacturing in Brazil. Dividend Increases: STAG BRMK Split Announcement:  Raises Guidance: EAR ACIA…

CAPIS Morning Note – 1/11/21: Futures Lower By -33 On The S&P 500 To Start Week

Morning Note

Morning Note

posted by CAPIS on 01/11/2021 at 8:05 am
by CAPIS on 01/11/2021

Lead Story: Covid-19 Statistics:  Total Cases 22,124,929 from 21,902,011 Deaths 365,597 from 363,598 New Tests 1,935,115 from 2,015,473 New Cases 222,918 from 264,879 with positivity rate of 11.5% (down 1.6) Daily Deaths 1,999 Current Hospitalizations 129,229 from 130,781 Capital Raises: IPOs Priced:   Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note: AQST OFLX of note. Mixed Shelf Offerings: GTY of note. Convertible Offering Files: None of note. Earnings Out After The Close Of Note: Beats: none Flat:  none Misses: none News After The Close: Cisco (CSCO) wins court order to block Acacia Communications (ACIA) from breaking off merger deal. Twitter (TWTR) suspends accounts related to QAnon. Also, suspends President Trump’s account. Carrol’s Restaurant Group (TAST) to open 50 new Burger Kings. Another Boeing (BA) plane crashed over the weekend, a 737-500 in Jakarta. Barron’s + UNP MO  on +/- on GME GOOGL FB TWTR Dividend Increases:  Split Announcement:  Raises Guidance: BOOT EBS NSTG EXAS AVTR PKI GILD NVCR PLAY Lowers Guidance: SPNE Stock Buyback New Or Increase:  Insider Buys: What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -33 …

Lead Story: Covid-19 Statistics:  Total Cases 22,124,929 from 21,902,011 Deaths 365,597 from 363,598 New Tests 1,935,115 from 2,015,473 New Cases 222,918 from 264,879 with positivity rate of 11.5% (down 1.6) Daily Deaths 1,999 Current Hospitalizations 129,229 from 130,781 Capital Raises: IPOs Priced:   Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note: AQST OFLX of note. Mixed Shelf Offerings: GTY of note. Convertible Offering Files: None of note. Earnings Out After The Close Of Note: Beats: none Flat:  none Misses: none News After The Close: Cisco (CSCO) wins court order to block Acacia Communications (ACIA) from breaking off merger deal. Twitter (TWTR) suspends accounts related to QAnon. Also, suspends President Trump’s account. Carrol’s Restaurant Group (TAST) to open 50 new Burger Kings. Another Boeing (BA) plane crashed over the weekend, a 737-500 in Jakarta. Barron’s + UNP MO  on +/- on GME GOOGL FB TWTR Dividend Increases:  Split Announcement:  Raises Guidance: BOOT EBS NSTG EXAS AVTR PKI GILD NVCR PLAY Lowers Guidance: SPNE Stock Buyback New Or Increase:  Insider Buys: What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 -33 …

CAPIS Morning Note -1/8/21: First Drop In Jobs Since April, Yet Futures Climb…All News Is Good News!!

Morning Note

Morning Note

posted by CAPIS on 01/08/2021 at 7:43 am
by CAPIS on 01/08/2021

Lead Story: Congress certified President-Elect Joe Biden despite protest from 7 Senators and 138 House members. (NYT) Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 21,340,773 from 21,070,136 Deaths 356,229 from 352,123 New Tests 1,914,839 from 1,605,799 New Cases 266,197 from 243,346 with positivity rate of 13.9%15.1% (down 1.1) Daily Deaths 4,033 Current Hospitalizations 132,370 from 132,476 Capital Raises: IPOs Priced:  Cullinan Management (CGEM) was priced at $21 a share above range of $17 to $19. Garcell Biotechnologies priced at $19 above range of $16 to $18. Secondaries Priced: CERC BLNK RGNX   of note. Notes Priced of note: INN of note. Common Stock filings: CERC BNGO   of note. Selling Shareholders of note: SYRS of note. Mixed Shelf Offerings: HBNC  of note. Convertible Offering Files:  of note. Earnings Out After The Close Of Note: Beats: WDFC +0.69, PSMT +0.23, MU +0.09, ACCD +0.03, DCT +0.03 Flat:  none Misses: none News After The Close: Merus (MRUS) gets FDA Fast Track  designation for Zenocutuzumab. Department of Justice fines Boeing (BA) for fraud related to the 737 Max crashes and fines  $2.5 billion. Sarepta Therapeutics…

Lead Story: Congress certified President-Elect Joe Biden despite protest from 7 Senators and 138 House members. (NYT) Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 21,340,773 from 21,070,136 Deaths 356,229 from 352,123 New Tests 1,914,839 from 1,605,799 New Cases 266,197 from 243,346 with positivity rate of 13.9%15.1% (down 1.1) Daily Deaths 4,033 Current Hospitalizations 132,370 from 132,476 Capital Raises: IPOs Priced:  Cullinan Management (CGEM) was priced at $21 a share above range of $17 to $19. Garcell Biotechnologies priced at $19 above range of $16 to $18. Secondaries Priced: CERC BLNK RGNX   of note. Notes Priced of note: INN of note. Common Stock filings: CERC BNGO   of note. Selling Shareholders of note: SYRS of note. Mixed Shelf Offerings: HBNC  of note. Convertible Offering Files:  of note. Earnings Out After The Close Of Note: Beats: WDFC +0.69, PSMT +0.23, MU +0.09, ACCD +0.03, DCT +0.03 Flat:  none Misses: none News After The Close: Merus (MRUS) gets FDA Fast Track  designation for Zenocutuzumab. Department of Justice fines Boeing (BA) for fraud related to the 737 Max crashes and fines  $2.5 billion. Sarepta Therapeutics…

CAPIS Morning Note – 1/7/21: The Day After…Futures Higher

Morning Note

Morning Note

posted by CAPIS on 01/06/2021 at 8:21 pm
by CAPIS on 01/06/2021

Lead Story: Congress certified President-Elect Joe Biden despite protest from 7 Senators and 138 House members. (NYT) Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 21,070,136 from 20,825,758 Deaths 352,123 from 348,286 New Tests 1,605,799 from 1,620,506 New Cases 243,346 from 214,378 with positivity rate of 15.1% (up 1.9) Daily Deaths 3,793 Current Hospitalizations 132,476 from 131,195 Capital Raises: IPOs Priced:  Omega Alpha SPAC (OMEG) was priced at $12. Secondaries Priced: DMTK GBIO HARP MPW PLYA of note. Notes Priced of note: CEQP of note. Common Stock filings: DMTK MPW ADC RGNX PLYA HARP BLNK of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: AR BLNK of note. Convertible Offering Files:  INN of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: RGP +0.04 Flat:  none Misses: none News After The Close: CNN reports that Vice President Mike Pence is ‘furious” and wants more from the president. (CNN) NBC News declares Democrat Jon Ossoff to be the winner of the Georgia Senate race against Senator David Perdue. Costco (COST) sees December same store sales up 10.9%.…

Lead Story: Congress certified President-Elect Joe Biden despite protest from 7 Senators and 138 House members. (NYT) Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 21,070,136 from 20,825,758 Deaths 352,123 from 348,286 New Tests 1,605,799 from 1,620,506 New Cases 243,346 from 214,378 with positivity rate of 15.1% (up 1.9) Daily Deaths 3,793 Current Hospitalizations 132,476 from 131,195 Capital Raises: IPOs Priced:  Omega Alpha SPAC (OMEG) was priced at $12. Secondaries Priced: DMTK GBIO HARP MPW PLYA of note. Notes Priced of note: CEQP of note. Common Stock filings: DMTK MPW ADC RGNX PLYA HARP BLNK of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: AR BLNK of note. Convertible Offering Files:  INN of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: RGP +0.04 Flat:  none Misses: none News After The Close: CNN reports that Vice President Mike Pence is ‘furious” and wants more from the president. (CNN) NBC News declares Democrat Jon Ossoff to be the winner of the Georgia Senate race against Senator David Perdue. Costco (COST) sees December same store sales up 10.9%.…

CAPIS Morning Note – 1/6/20: Georgia Senate Election Looking To Go To Democrats, Futures Mixed

Morning Note

Morning Note

posted by CAPIS on 01/06/2021 at 7:53 am
by CAPIS on 01/06/2021

Lead Story: Democrat Raphael Warnock beats Republican Kelly Loeffler in Georgia Senate Special Election and Democrat Jon Ossoff leading Republican David Perdue but still too close to call. Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 20,825,758 from 20,560,549 Deaths 348,286 from 344,808 New Tests 1,620,506 from 1,638,082 New Cases 214,378 from 177,669 with positivity rate of 13.2% (up 2.4) Daily Deaths 3,478 Current Hospitalizations 131,195 from 128,210 Capital Raises: IPOs Priced:  None of note. Secondaries Priced: NGM REAHCO FATE   of note. Notes Priced of note: None of note. Common Stock filings: ARE NEO CLDT of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: of note. Convertible Offering Files:  NEO of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: CALM +0.33, SGH +0.08 Flat:  None Misses: None News After The Close: Tiffany & Co. (TIF) saw global sales rise +4% for the holiday. Associates Bank (ASB) to sell wealth management group to Rockefeller Capital Management. Gap (GPS) Athletica introduce first sleep collection. PPG Industries (PPG) up bid for Tikkurila to 27.75 pounds in cash. Lockheed…

Lead Story: Democrat Raphael Warnock beats Republican Kelly Loeffler in Georgia Senate Special Election and Democrat Jon Ossoff leading Republican David Perdue but still too close to call. Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 20,825,758 from 20,560,549 Deaths 348,286 from 344,808 New Tests 1,620,506 from 1,638,082 New Cases 214,378 from 177,669 with positivity rate of 13.2% (up 2.4) Daily Deaths 3,478 Current Hospitalizations 131,195 from 128,210 Capital Raises: IPOs Priced:  None of note. Secondaries Priced: NGM REAHCO FATE   of note. Notes Priced of note: None of note. Common Stock filings: ARE NEO CLDT of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: of note. Convertible Offering Files:  NEO of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: CALM +0.33, SGH +0.08 Flat:  None Misses: None News After The Close: Tiffany & Co. (TIF) saw global sales rise +4% for the holiday. Associates Bank (ASB) to sell wealth management group to Rockefeller Capital Management. Gap (GPS) Athletica introduce first sleep collection. PPG Industries (PPG) up bid for Tikkurila to 27.75 pounds in cash. Lockheed…

CAPIS Morning Note – 1/5/21: Georgia Election Front And Center, Futures Weakening This Morning

Morning Note

Morning Note

posted by CAPIS on 01/05/2021 at 7:35 am
by CAPIS on 01/05/2021

Lead Story: Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 20,560,549 from 20,376,721 Deaths 344,808 from 343,177 New Tests 1,638,082 from 1,424,180 New Cases 177,669 from 204,805 with positivity rate of 10.8% (down 3.5) Daily Deaths 1,545 Current Hospitalizations 128,210 from 125,544 Capital Raises: IPOs Priced:  None of note. Secondaries Priced: None  of note. Notes Priced of note: None of note. Common Stock filings: NGM FATE GBIO PRLD VRAY  of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings:  ATH of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close: Jamf Holdings (JAMF) now on more than 20 million Apple (AAPL) devices. Mondelez (MDLZ) in talks to buy Hu Master. (WSJ) Netflix (NFLX) says that 63 million households have viewed Bridgerton, highest viewing between Christmas and New Year’s. Lockheed Martin (LMT) wins $.9 billion Air Force contract. Federal Reserve Atlanta President Raphael Bostic notes the Fed could begin to slow monthly asset purchases if vaccines work. Federal Reserve Cleveland President Loretta Mester notes that…

Lead Story: Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 20,560,549 from 20,376,721 Deaths 344,808 from 343,177 New Tests 1,638,082 from 1,424,180 New Cases 177,669 from 204,805 with positivity rate of 10.8% (down 3.5) Daily Deaths 1,545 Current Hospitalizations 128,210 from 125,544 Capital Raises: IPOs Priced:  None of note. Secondaries Priced: None  of note. Notes Priced of note: None of note. Common Stock filings: NGM FATE GBIO PRLD VRAY  of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings:  ATH of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close: Jamf Holdings (JAMF) now on more than 20 million Apple (AAPL) devices. Mondelez (MDLZ) in talks to buy Hu Master. (WSJ) Netflix (NFLX) says that 63 million households have viewed Bridgerton, highest viewing between Christmas and New Year’s. Lockheed Martin (LMT) wins $.9 billion Air Force contract. Federal Reserve Atlanta President Raphael Bostic notes the Fed could begin to slow monthly asset purchases if vaccines work. Federal Reserve Cleveland President Loretta Mester notes that…

CAPIS Morning Note – 1/4/21: Stocks Start Off The New Year Positively, Another Merger Monday

Morning Note

Morning Note

posted by CAPIS on 01/04/2021 at 7:39 am
by CAPIS on 01/04/2021

Lead Story: Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 20,376,721 from 20,171,916 Deaths 343,177 from 341,746 New Tests 1,424,180 from 2,073,786 New Cases 204,805 from 277,897 with positivity rate of 14.4% (up 1.0) Daily Deaths 1,431 Current Hospitalizations 125,544 from 123,614 Capital Raises: IPOs Priced:  None of note. Secondaries Priced: None  of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: ALT BSGM of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close (sorted by time starting at the close 0n 12/31): SAGE  Therapeutics (SAGE) receives $875 million payment from Biogen (BIIB) and sale of shares. NYC Mayor Bill de Blasio seeks to vaccinate one million people by end of January. (Reuters) Senate voted to override President Trump’s veto on the Defense Bill over the long weekend. Nancy Pelosi reelected as House Speaker on Sunday. Barron’s + on INTC BAC KO CVS MSGS DIS SYY JWN. Raises Guidance:  Lowers…

Lead Story: Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 20,376,721 from 20,171,916 Deaths 343,177 from 341,746 New Tests 1,424,180 from 2,073,786 New Cases 204,805 from 277,897 with positivity rate of 14.4% (up 1.0) Daily Deaths 1,431 Current Hospitalizations 125,544 from 123,614 Capital Raises: IPOs Priced:  None of note. Secondaries Priced: None  of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: ALT BSGM of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close (sorted by time starting at the close 0n 12/31): SAGE  Therapeutics (SAGE) receives $875 million payment from Biogen (BIIB) and sale of shares. NYC Mayor Bill de Blasio seeks to vaccinate one million people by end of January. (Reuters) Senate voted to override President Trump’s veto on the Defense Bill over the long weekend. Nancy Pelosi reelected as House Speaker on Sunday. Barron’s + on INTC BAC KO CVS MSGS DIS SYY JWN. Raises Guidance:  Lowers…

CAPIS Morning Note – 12/30/20. Futures Higher, Last Update of 2020

Morning Note

Morning Note

posted by CAPIS on 12/30/2020 at 7:54 am
by CAPIS on 12/30/2020

Lead Story: Washington politics are still the lead story. Will we get a Stimulus Bill Part II remains the big question of the day. Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 19,267,233 from 19,072,721 Deaths 329,605 from 326,322 New Tests 1,236,471 from 1,540,320 New Cases 194,512 from 162,190 with positivity rate of 15.7% (up 5.2) Daily Deaths 3,283 Current Hospitalizations 124,686 from 121,235 Capital Raises: IPOs Priced:  Secondaries Priced: None  of note. Notes Priced of note: None of note. Common Stock filings: TK MATW of note. Selling Shareholders of note: SGEN  of note. Mixed Shelf Offerings: SGEN of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close (sorted by time starting at the close): Moderna (MRNA) to supply 40 million doses of Covid-19 to South Korea. State Department approves arms sales to Kuwait of $4.2 billion. First case in the U.S.  of U.K. coronavirus mutation which was found in Colorado. Mexico looks to legalize cannabis. (WSJ) Dividend Increase: CNXN (special)  GBCI (special)…

Lead Story: Washington politics are still the lead story. Will we get a Stimulus Bill Part II remains the big question of the day. Covid-19 Statistics: With the winter holidays, we expect a number of reporting and data anomalies for the next few weeks. We urge caution in using these figures (new disclaimer from them). Total Cases 19,267,233 from 19,072,721 Deaths 329,605 from 326,322 New Tests 1,236,471 from 1,540,320 New Cases 194,512 from 162,190 with positivity rate of 15.7% (up 5.2) Daily Deaths 3,283 Current Hospitalizations 124,686 from 121,235 Capital Raises: IPOs Priced:  Secondaries Priced: None  of note. Notes Priced of note: None of note. Common Stock filings: TK MATW of note. Selling Shareholders of note: SGEN  of note. Mixed Shelf Offerings: SGEN of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close (sorted by time starting at the close): Moderna (MRNA) to supply 40 million doses of Covid-19 to South Korea. State Department approves arms sales to Kuwait of $4.2 billion. First case in the U.S.  of U.K. coronavirus mutation which was found in Colorado. Mexico looks to legalize cannabis. (WSJ) Dividend Increase: CNXN (special)  GBCI (special)…

CAPIS Morning Note – 12/29/20: Slow News Day, Futures Continue To Drift Higher

Morning Note

Morning Note

posted by CAPIS on 12/29/2020 at 7:53 am
by CAPIS on 12/29/2020

Lead Story: Senate has to pass Defense Bill and decide whether it will agree to $2,000 stimulus passed by the House yesterday. Covid-19 Statistics:  Total Cases 19,072,721 from 18,907,656 Deaths 326,322 from 324,796 New Tests 1,540,320 from 1,373,305 New Cases 162,190 from 152,461 with positivity rate of 10.5% (down 0.6) Daily Deaths 1,491 Current Hospitalizations 121,235 from 118,720 Capital Raises: IPOs Priced:  Secondaries Priced: None  of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note: VNT of note. Mixed Shelf Offerings: None of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close (sorted by time starting at the close): IMAX (IMAX) CEO Richard Gelfond in CNBC interview says improvement  by Q2. (CNBC) TAL Education (TAL) gets $3.3 billion private placement into the company. Lockheed Martin (LMT) wins $1.3 billion Navy contract. FAA issues final rules on unmanned drones. House passed bill to attach to the Stimulus Bill for $2000 stimulus checks 275-34. House votes to override Defense Bill. Bernie Sanders to filibuster in the Senate this vote. (Politico) Dividend Increase: IVR    Raises Guidance:  Lowers Guidance:  Stock Buyback New Or Increase:  What’s Happening…

Lead Story: Senate has to pass Defense Bill and decide whether it will agree to $2,000 stimulus passed by the House yesterday. Covid-19 Statistics:  Total Cases 19,072,721 from 18,907,656 Deaths 326,322 from 324,796 New Tests 1,540,320 from 1,373,305 New Cases 162,190 from 152,461 with positivity rate of 10.5% (down 0.6) Daily Deaths 1,491 Current Hospitalizations 121,235 from 118,720 Capital Raises: IPOs Priced:  Secondaries Priced: None  of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note: VNT of note. Mixed Shelf Offerings: None of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close (sorted by time starting at the close): IMAX (IMAX) CEO Richard Gelfond in CNBC interview says improvement  by Q2. (CNBC) TAL Education (TAL) gets $3.3 billion private placement into the company. Lockheed Martin (LMT) wins $1.3 billion Navy contract. FAA issues final rules on unmanned drones. House passed bill to attach to the Stimulus Bill for $2000 stimulus checks 275-34. House votes to override Defense Bill. Bernie Sanders to filibuster in the Senate this vote. (Politico) Dividend Increase: IVR    Raises Guidance:  Lowers Guidance:  Stock Buyback New Or Increase:  What’s Happening…

CAPIS Morning Note – 12/28/20: President Trump Signs The Stimulus Bill, Futures Higher By +27 On The S&P 500

Morning Note

Morning Note

posted by CAPIS on 12/28/2020 at 8:06 am
by CAPIS on 12/28/2020

Lead Story: President Trump signs Stimulus Bill and Omnibus Bill on Sunday night avoiding a government shutdown. (CNBC) Covid-19 Statistics:  Total Cases 18,907,656 from 18,755,195 Deaths 324,796 from 323,401 New Tests 1,373,305 from 2,133,757 New Cases 152,461 from 189,268 with positivity rate of 11.1% (up 2.2) Daily Deaths 1,395 Current Hospitalizations 118,720 from 117,344 Capital Raises: IPOs Priced:  Secondaries Priced:  NNDM of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: None of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close (sorted by time starting at the close): Barron’s + on WH NCLH CZR VAC STAY WYNN DAL LUV ALGT GOL YELPQS CRWD FEYE PANW SCWX and +/- on BABA. Downtown Nashville was subject to a U.S. terrorist action as some twenty buildings were damaged during a bombing on  Christmas morning. The suspect died in the explosion. Dividend Increase:   Raises Guidance:  Lowers Guidance:  Stock Buyback New Or Increase: BABA What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +29   Dow…

Lead Story: President Trump signs Stimulus Bill and Omnibus Bill on Sunday night avoiding a government shutdown. (CNBC) Covid-19 Statistics:  Total Cases 18,907,656 from 18,755,195 Deaths 324,796 from 323,401 New Tests 1,373,305 from 2,133,757 New Cases 152,461 from 189,268 with positivity rate of 11.1% (up 2.2) Daily Deaths 1,395 Current Hospitalizations 118,720 from 117,344 Capital Raises: IPOs Priced:  Secondaries Priced:  NNDM of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: None of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close (sorted by time starting at the close): Barron’s + on WH NCLH CZR VAC STAY WYNN DAL LUV ALGT GOL YELPQS CRWD FEYE PANW SCWX and +/- on BABA. Downtown Nashville was subject to a U.S. terrorist action as some twenty buildings were damaged during a bombing on  Christmas morning. The suspect died in the explosion. Dividend Increase:   Raises Guidance:  Lowers Guidance:  Stock Buyback New Or Increase: BABA What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.  S&P 500 +29   Dow…

CAPIS Morning Note – 12/23/20: President Trump Throws Water On Latest Stimulus Bill, May Veto

Morning Note

Morning Note

posted by CAPIS on 12/23/2020 at 7:48 am
by CAPIS on 12/23/2020

There will be no production tomorrow as it is Christmas Eve and a shortened trading session with markets closing at 1:00 p.m. EST. Merry Christmas and Happy Hanukkah!! We will be back next Monday. Covid-19 Statistics:  Total Cases 18,016,698 from 17,828,084 Deaths 314,099 from 310,968 New Tests 1,688,785 from 2,076,374 New Cases 188,614 from 178,191 with positivity rate of 11.1% (up 2.6) Daily Deaths 3,131 Current Hospitalizations 117,777 from 115,351 Capital Raises: IPOs Priced: GBS priced at $17.00 a share. Secondaries Priced:   None of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings:  CLDT of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close (sorted by time starting at the close): Churchill Downs (CHDN) names Mike Anderson as President of Churchill Downs Racetrack. SEC charges cryptocurrency Ripple and two executives with holding a $1.3 billion unregistered offering. Polaris (PII) names Michael Speetzen as interim CEO and Bob Mack as interim CFO. Pfizer (PFE) may provide tens of millions more units of Covid-19 vaccine in 2021 per the Trump administration. President Trump pardons 15…

There will be no production tomorrow as it is Christmas Eve and a shortened trading session with markets closing at 1:00 p.m. EST. Merry Christmas and Happy Hanukkah!! We will be back next Monday. Covid-19 Statistics:  Total Cases 18,016,698 from 17,828,084 Deaths 314,099 from 310,968 New Tests 1,688,785 from 2,076,374 New Cases 188,614 from 178,191 with positivity rate of 11.1% (up 2.6) Daily Deaths 3,131 Current Hospitalizations 117,777 from 115,351 Capital Raises: IPOs Priced: GBS priced at $17.00 a share. Secondaries Priced:   None of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings:  CLDT of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: none Flat:  none Misses: none News After The Close (sorted by time starting at the close): Churchill Downs (CHDN) names Mike Anderson as President of Churchill Downs Racetrack. SEC charges cryptocurrency Ripple and two executives with holding a $1.3 billion unregistered offering. Polaris (PII) names Michael Speetzen as interim CEO and Bob Mack as interim CFO. Pfizer (PFE) may provide tens of millions more units of Covid-19 vaccine in 2021 per the Trump administration. President Trump pardons 15…

CAPIS Morning Note -12/22/20: Yippee Ki Yay We Have A Stimulus Deal Passed, Futures Up Modestly

Morning Note

Morning Note

posted by CAPIS on 12/22/2020 at 7:50 am
by CAPIS on 12/22/2020

Market Tone: Covid-19 Statistics:  Total Cases 17,828,084 from 17,647,893 Deaths 310,968 from 309,449 New Tests 2,076,374 from 1,764,566 New Cases 178,191 from 194,988 with positivity rate of 8.5% (down 2.4) Daily Deaths 1,485 Current Hospitalizations 115,351 from 113,663 Capital Raises: IPOs Priced:  Secondaries Priced:   None of note. Notes Priced of note: None of note. Common Stock filings:  VERO  of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: XCUR of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: HEI +0.04 Flat:  none Misses: CVGW -0.30 News After The Close (sorted by time starting at the close): FDA asks for more information on Orasure (OSUR) Covid-19 antibody test. Softbank submits a SPAC filing and intends to raise over $500 million. Lordstown Motors (RIDE) wins contract for 80,000 full size all electric pickup truck. Index Changes KNSL to join S&P 400 – out TCO, SMPL to join S&P 600- out KNSL. TCO is being bought by SPG. Congress passes $900 billion stimulus plan and $1.4 trillion omnibus spending bill through 9/30/21. Dividend Increase:  SFBS  STAY (special distributon)  Raises Guidance:  Lowers Guidance: CVGW Stock Buyback New Or Increase: What’s Happening This Morning: Futures value reflects the change…

Market Tone: Covid-19 Statistics:  Total Cases 17,828,084 from 17,647,893 Deaths 310,968 from 309,449 New Tests 2,076,374 from 1,764,566 New Cases 178,191 from 194,988 with positivity rate of 8.5% (down 2.4) Daily Deaths 1,485 Current Hospitalizations 115,351 from 113,663 Capital Raises: IPOs Priced:  Secondaries Priced:   None of note. Notes Priced of note: None of note. Common Stock filings:  VERO  of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: XCUR of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: HEI +0.04 Flat:  none Misses: CVGW -0.30 News After The Close (sorted by time starting at the close): FDA asks for more information on Orasure (OSUR) Covid-19 antibody test. Softbank submits a SPAC filing and intends to raise over $500 million. Lordstown Motors (RIDE) wins contract for 80,000 full size all electric pickup truck. Index Changes KNSL to join S&P 400 – out TCO, SMPL to join S&P 600- out KNSL. TCO is being bought by SPG. Congress passes $900 billion stimulus plan and $1.4 trillion omnibus spending bill through 9/30/21. Dividend Increase:  SFBS  STAY (special distributon)  Raises Guidance:  Lowers Guidance: CVGW Stock Buyback New Or Increase: What’s Happening This Morning: Futures value reflects the change…

CAPIS Morning Note – 12/21/20: Futures Plummet on News Of UK Lockdown & New Strain of Virus, Stimulus Agreed To

Morning Note

Morning Note

posted by CAPIS on 12/21/2020 at 8:06 am
by CAPIS on 12/21/2020

Market Tone:  Last week we asked, “Can we hold above 3700 on the S&P 500 and move to 3800 by year end?” This morning we have the answer, no.  Covid-19 Statistics:  Total Cases 17,647,893 from 17,452,905 Deaths 309,449 from 307,831 New Tests 1,764,566 from 1,725,036 New Cases 194,988 from 201,841 with positivity rate of 11.05% (down 0.65) Daily Deaths 1,618 Current Hospitalizations 113,663 from 113,929 Capital Raises: IPOs Priced:  Secondaries Priced:   None of note. Notes Priced of note: None of note. Common Stock filings: CPE MCF UEC  of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: EIGR IMGN TELA CBRE  of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: NKE +0.16 Flat:  none Misses: none News After The Close (sorted by time starting at the close): Federal Reserve latest stress tests for banks released and dividends and share repurchases are to be allowed. President Trump signed legislation that could kick Chinese companies off U.S. exchanges. Buzzfeed may go public through a SPAC.  (WSJ) AstraZeneca (AZN)/Oxford vaccine may get approval in the U.K. within days of Christmas. Perspecta (PRSP) wins Navy contract worth up to $797 million. General Dynamics (GD) wins…

Market Tone:  Last week we asked, “Can we hold above 3700 on the S&P 500 and move to 3800 by year end?” This morning we have the answer, no.  Covid-19 Statistics:  Total Cases 17,647,893 from 17,452,905 Deaths 309,449 from 307,831 New Tests 1,764,566 from 1,725,036 New Cases 194,988 from 201,841 with positivity rate of 11.05% (down 0.65) Daily Deaths 1,618 Current Hospitalizations 113,663 from 113,929 Capital Raises: IPOs Priced:  Secondaries Priced:   None of note. Notes Priced of note: None of note. Common Stock filings: CPE MCF UEC  of note. Selling Shareholders of note: None of note. Mixed Shelf Offerings: EIGR IMGN TELA CBRE  of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings Out After The Close: Beats: NKE +0.16 Flat:  none Misses: none News After The Close (sorted by time starting at the close): Federal Reserve latest stress tests for banks released and dividends and share repurchases are to be allowed. President Trump signed legislation that could kick Chinese companies off U.S. exchanges. Buzzfeed may go public through a SPAC.  (WSJ) AstraZeneca (AZN)/Oxford vaccine may get approval in the U.K. within days of Christmas. Perspecta (PRSP) wins Navy contract worth up to $797 million. General Dynamics (GD) wins…

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