Morning Note

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CAPIS Morning Note – 10/21/21: S&P 500 and Dow Jones Industrial Average Closed Just Below Record Highs

Morning Note

Morning Note

posted by CAPIS on 10/21/2021 at 8:39 am
by CAPIS on 10/21/2021

Overnight Summary: Stocks are seeing some selling as there are no new catalysts driving stocks higher. Asia saw Japan drop 2% while China sees both good and bad stories on Evergrande circulating. Europe sees mixed results with SAP beating estimates and ABB missing. Breaking News: Initial Jobless Claims at 290k vs. 300k estimated Pfizer and BioNTech say Phase 3 trial found booster dose of COVID vaccine had 95.6% efficacy against disease (Market Watch) Earnings Out After The Close: Beats: THC +0.90, UFPI +0.40, TSLA +0.25, SLG +0.20, DFS +0.16, LRCX +0.16, EFX +0.12, PPG +0.10, VMI +0.10, FHN +0.09, SLM +0.09, CNS +0.08, LSTR +0.05, CCI +0.05, CSX +0.05, UMPQ +0.05, RLI +0.04, REXR +0.04, XM +0.03, SEIC +0.02, IBM +0.01 Flat: CVBF +0.00 Misses: KALU (0.75), TCBI (0.33), LVS (0.19), FR (0.16), GL (0.11), OMF (0.11), FTI (0.07), GGG (0.06), KMI (0.02), STL (0.01) Capital Raises: IPOs Priced or News: GOGN: GoGreen Investments Corporation Announces Upsizing and Pricing of $240,000,000 Initial Public Offering PTLO: Pricing of Initial Public Offering.. 20,270,270 shares @$20 ENFN Enfusion (NYSE) prices 18.75 mln share IPO at $17.00 per share, at the high end of the $15-17 expected range COCO The Vita Coco Company (Nasdaq) prices…

Overnight Summary: Stocks are seeing some selling as there are no new catalysts driving stocks higher. Asia saw Japan drop 2% while China sees both good and bad stories on Evergrande circulating. Europe sees mixed results with SAP beating estimates and ABB missing. Breaking News: Initial Jobless Claims at 290k vs. 300k estimated Pfizer and BioNTech say Phase 3 trial found booster dose of COVID vaccine had 95.6% efficacy against disease (Market Watch) Earnings Out After The Close: Beats: THC +0.90, UFPI +0.40, TSLA +0.25, SLG +0.20, DFS +0.16, LRCX +0.16, EFX +0.12, PPG +0.10, VMI +0.10, FHN +0.09, SLM +0.09, CNS +0.08, LSTR +0.05, CCI +0.05, CSX +0.05, UMPQ +0.05, RLI +0.04, REXR +0.04, XM +0.03, SEIC +0.02, IBM +0.01 Flat: CVBF +0.00 Misses: KALU (0.75), TCBI (0.33), LVS (0.19), FR (0.16), GL (0.11), OMF (0.11), FTI (0.07), GGG (0.06), KMI (0.02), STL (0.01) Capital Raises: IPOs Priced or News: GOGN: GoGreen Investments Corporation Announces Upsizing and Pricing of $240,000,000 Initial Public Offering PTLO: Pricing of Initial Public Offering.. 20,270,270 shares @$20 ENFN Enfusion (NYSE) prices 18.75 mln share IPO at $17.00 per share, at the high end of the $15-17 expected range COCO The Vita Coco Company (Nasdaq) prices…

CAPIS Morning Note – 10/20/21: S&P 500 Rises for Fifth Straight Session for Longest Win Streak in 2 months

Morning Note

Morning Note

posted by CAPIS on 10/20/2021 at 8:44 am
by CAPIS on 10/20/2021

Overnight Summary: The global markets are mixed. S&P Futures are up about a point to trade around the 4512 area.  China and Japan basically flat.  In Europe, the major indexes are trading flat too. Breaking News: New York City employees now have until Oct. 29 to get their first COVID-19 vaccine shot as mayor eliminates test-out option. Those who refused will be placed on unpaid leave – WNBC Earnings Out After The Close: Beats: UAL +0.66, NFLX +0.63, OMC +0.28, WTFC +0.26, HWC +0.19, UCBI +0.17, FULT +0.13, CNI +0.10, ISRG +0.03, IBKR +0.02, NBHC +0.02, MRTN +0.01 Flat: None Misses: LRN (0.08), WDFC (0.63) Capital Raises: IPOs Priced or News: CNTX – Pricing of Initial Public Offering.. 5,000,000 shares @$5 SDIG – Prices Upsized $127 Million Initial Public Offering.. 6,687,305 shares @$19 NCAC – Pricing of Upsized $220 Million Initial Public Offering.. 22,000,000 units @$10 UDMY – Udemy to offer 14.5 million shares in IPO priced at $27 to $29 each (Market Watch Story)  New SPACs launched: None of note. Secondaries Priced: PENN – Penn Natl Gaming files for 768,441 share common stock offering; relates to acquisition of Score Media and Gaming. LMFA – Closing of Upsized $30 Million Underwritten Public Offering…

Overnight Summary: The global markets are mixed. S&P Futures are up about a point to trade around the 4512 area.  China and Japan basically flat.  In Europe, the major indexes are trading flat too. Breaking News: New York City employees now have until Oct. 29 to get their first COVID-19 vaccine shot as mayor eliminates test-out option. Those who refused will be placed on unpaid leave – WNBC Earnings Out After The Close: Beats: UAL +0.66, NFLX +0.63, OMC +0.28, WTFC +0.26, HWC +0.19, UCBI +0.17, FULT +0.13, CNI +0.10, ISRG +0.03, IBKR +0.02, NBHC +0.02, MRTN +0.01 Flat: None Misses: LRN (0.08), WDFC (0.63) Capital Raises: IPOs Priced or News: CNTX – Pricing of Initial Public Offering.. 5,000,000 shares @$5 SDIG – Prices Upsized $127 Million Initial Public Offering.. 6,687,305 shares @$19 NCAC – Pricing of Upsized $220 Million Initial Public Offering.. 22,000,000 units @$10 UDMY – Udemy to offer 14.5 million shares in IPO priced at $27 to $29 each (Market Watch Story)  New SPACs launched: None of note. Secondaries Priced: PENN – Penn Natl Gaming files for 768,441 share common stock offering; relates to acquisition of Score Media and Gaming. LMFA – Closing of Upsized $30 Million Underwritten Public Offering…

CAPIS Morning Note – 10/19/21: Stocks Higher. Up For a Fifth Day In A Row?

Morning Note

Morning Note

posted by CAPIS on 10/19/2021 at 8:51 am
by CAPIS on 10/19/2021

Overnight Summary – Markets are up globally as the rally continues as enters day 5 in the U.S. Breaking News – September Housing Starts came in light. Failed to move futures. Still very strong. Earnings Out After The Close Beats: ZION +0.09, STLD +0.07, FNB +0.05, HXL +0.05, ELS +0.02 Flat: None Misses: None Capital Raises:  IPOs Priced or News: New SPACs launched: Horizon Acquisition Corporation (HZAC) merges with Vivid Seats and will trade as SEAT. Secondaries Priced: None of note. Notes Priced of note: CCNE of note. Common Stock filings: DLO  of note. Pricing of Over-Allotment: UPH Direct Offering: OPGN Selling Shareholders of note: TASK VNOM of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: None of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Rent The Runway looks to go public at $1.5 billion valuation. SEC Mem Stock Report out. (Bloomberg) U.S. Democrats to scale back Treasury’s IRS bank reporting plan amid GOP uproar (Washington Post) Tupperware (TUP) sells its House of Fuller beauty business in Mexico, no terms. Index Changes KRG…

Overnight Summary – Markets are up globally as the rally continues as enters day 5 in the U.S. Breaking News – September Housing Starts came in light. Failed to move futures. Still very strong. Earnings Out After The Close Beats: ZION +0.09, STLD +0.07, FNB +0.05, HXL +0.05, ELS +0.02 Flat: None Misses: None Capital Raises:  IPOs Priced or News: New SPACs launched: Horizon Acquisition Corporation (HZAC) merges with Vivid Seats and will trade as SEAT. Secondaries Priced: None of note. Notes Priced of note: CCNE of note. Common Stock filings: DLO  of note. Pricing of Over-Allotment: UPH Direct Offering: OPGN Selling Shareholders of note: TASK VNOM of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: None of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Rent The Runway looks to go public at $1.5 billion valuation. SEC Mem Stock Report out. (Bloomberg) U.S. Democrats to scale back Treasury’s IRS bank reporting plan amid GOP uproar (Washington Post) Tupperware (TUP) sells its House of Fuller beauty business in Mexico, no terms. Index Changes KRG…

CAPIS Morning Note – 10/18/21: Stocks Start The Week Lower.

Morning Note

Morning Note

posted by CAPIS on 10/18/2021 at 8:34 am
by CAPIS on 10/18/2021

Overnight Summary – Markets are off the SP 500 morning lows at 6:30 a.m. and now are down -13 points at 4450. China Q3 GDP was less than expected at 4.9%.  Europe sees luxury retailers dragging down shares as Chinese President Xi looks to expand consumption tax. Breaking News – Former Secretary of State Colin Powell dies of complications from Covid-19. He was 84. Earnings Out After The Close Beats: None  Flat: None  Misses: None Capital Raises:  IPOs Priced or News: New SPACs launched: VPC Impact Acquisition Holdings (VIH) completes merger with Bakkt Holdings, will trade on the NYSE under ticker “BKKT” this morning. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings:  EVRG GRTS ORPH RBOT RCOR of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  HTZZ TRVI UFAB of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:   MUR SOI of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: First Bitcoin Futures ETF May Begin Trading Monday morning. (Bloomberg) Stocks that defined…

Overnight Summary – Markets are off the SP 500 morning lows at 6:30 a.m. and now are down -13 points at 4450. China Q3 GDP was less than expected at 4.9%.  Europe sees luxury retailers dragging down shares as Chinese President Xi looks to expand consumption tax. Breaking News – Former Secretary of State Colin Powell dies of complications from Covid-19. He was 84. Earnings Out After The Close Beats: None  Flat: None  Misses: None Capital Raises:  IPOs Priced or News: New SPACs launched: VPC Impact Acquisition Holdings (VIH) completes merger with Bakkt Holdings, will trade on the NYSE under ticker “BKKT” this morning. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings:  EVRG GRTS ORPH RBOT RCOR of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  HTZZ TRVI UFAB of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:   MUR SOI of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: First Bitcoin Futures ETF May Begin Trading Monday morning. (Bloomberg) Stocks that defined…

CAPIS Morning Note – 10/15/21: Stocks Higher, Retail Sales Come In At 0.7% vs Estimates of -0.3%

Morning Note

Morning Note

posted by CAPIS on 10/15/2021 at 8:43 am
by CAPIS on 10/15/2021

Breaking News – Retails Sales came in at 0.7% versus -0.3% estimate. Empire State Manufacturing came in at 19.8% 25%. Federal Reserve Richmond President Thomas Barkin was interviewed on CNBC. Nothing earth shattering of note. Earnings Out After The Close Beats: AA +0.25, WAFD +0.09 Flat: DCT Misses: None Capital Raises:  IPOs Priced or News: New SPACs launched:  Secondaries Priced: KOS NAPA PALTSDPI SNCY WTI of note. Notes Priced of note: GLT VRT of note. Common Stock filings: VINC of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note: ML of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  WTI of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Hologix (HOLX) to buy Bolder Surgical for $160 mllion. Great Lakes Dredge & Dock (GLDD) continues to pick up contracts. fuboTV (FUBO) announces partnership with  NASCAR. Johnson & Johnson (JNJ) creates $2 billion trust to pay for talc claims. Former Boeing (BA) 737 Max Chief Technical Pilot indicted for fraud. Dividend Announcements: Increases: ADC AA AVNT NWN Stock Split:  Buyback Announcements: What’s Happening…

Breaking News – Retails Sales came in at 0.7% versus -0.3% estimate. Empire State Manufacturing came in at 19.8% 25%. Federal Reserve Richmond President Thomas Barkin was interviewed on CNBC. Nothing earth shattering of note. Earnings Out After The Close Beats: AA +0.25, WAFD +0.09 Flat: DCT Misses: None Capital Raises:  IPOs Priced or News: New SPACs launched:  Secondaries Priced: KOS NAPA PALTSDPI SNCY WTI of note. Notes Priced of note: GLT VRT of note. Common Stock filings: VINC of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note: ML of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  WTI of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Hologix (HOLX) to buy Bolder Surgical for $160 mllion. Great Lakes Dredge & Dock (GLDD) continues to pick up contracts. fuboTV (FUBO) announces partnership with  NASCAR. Johnson & Johnson (JNJ) creates $2 billion trust to pay for talc claims. Former Boeing (BA) 737 Max Chief Technical Pilot indicted for fraud. Dividend Announcements: Increases: ADC AA AVNT NWN Stock Split:  Buyback Announcements: What’s Happening…

CAPIS Morning Note – 10/14/21: Futures On Fire, Very Strong Gap Up

Morning Note

Morning Note

posted by CAPIS on 10/14/2021 at 9:11 am
by CAPIS on 10/14/2021

Breaking News – PPI comes in lower than expected at +0.2%. Jobless Claims fell under 300,000 for the first time since the pandemic began. Earnings Out After The Close Beats: none Flat: none Misses: none Capital Raises:  IPOs Priced or News: New SPACs launched:  Secondaries Priced: SRPT  of note. Notes Priced of note: FYBR of note. Common Stock filings: DARE IPA KOS OSMT XM of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note: TRNS of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  None  of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Occidental (OXY) sells assets in Ghana offshore fields. Lululemon Athletica (LULU) enters into footwear business. Groupon (GRPN) CFO resigns. CNH Industrial (CNHI) shuts several plants due to supply constraints. Dividend Announcements: Increases:  Stock Split:  Buyback Announcements: WDFC WGO What’s Happening This Morning: Futures value reflects the change with fair value. S&P 500 +40  Dow Jones Industrial Average +281   NASDAQ +161  Russell 2000 +25.33. Fair values are mixed. Asia mixed and Europe higher. VIX is at 20.56 from 21.45 in futures from…

Breaking News – PPI comes in lower than expected at +0.2%. Jobless Claims fell under 300,000 for the first time since the pandemic began. Earnings Out After The Close Beats: none Flat: none Misses: none Capital Raises:  IPOs Priced or News: New SPACs launched:  Secondaries Priced: SRPT  of note. Notes Priced of note: FYBR of note. Common Stock filings: DARE IPA KOS OSMT XM of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note: TRNS of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  None  of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Occidental (OXY) sells assets in Ghana offshore fields. Lululemon Athletica (LULU) enters into footwear business. Groupon (GRPN) CFO resigns. CNH Industrial (CNHI) shuts several plants due to supply constraints. Dividend Announcements: Increases:  Stock Split:  Buyback Announcements: WDFC WGO What’s Happening This Morning: Futures value reflects the change with fair value. S&P 500 +40  Dow Jones Industrial Average +281   NASDAQ +161  Russell 2000 +25.33. Fair values are mixed. Asia mixed and Europe higher. VIX is at 20.56 from 21.45 in futures from…

CAPIS Morning Note – 10/13/21: JP Morgan Beats, Stocks Higher After Selling Off Again Overnight & California Bans Gas Powered Lawn Equipment

Morning Note

Morning Note

posted by CAPIS on 10/13/2021 at 8:50 am
by CAPIS on 10/13/2021

Morning Outlook- Markets are trading higher after the SP 500 again put in a low around 3:30 a.m. EDT. Europe is higher on better numbers from SAP. Breaking News – Russian President Putin to supply Europe with as much natural gas as it needs. Just as German Chancellor Merkel leaves a policy shift, hmm… CPI comes in +0.4% above estimates of +0.3%. Earnings Out After The Close Beats: SGH +0.56, PNFP +0.20 Flat: none Misses: none Capital Raises:  IPOs Priced or News: AvidXchange (AVDX) priced at $25 at high end of range $23 to $25. New SPACs launched:  Secondaries Priced: SBRA EFC RLAY BCYC  of note. Notes Priced of note: of note. Common Stock filings: SRPT EFC SBRA NAPA   of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  PYCR MN SNCY STGW of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  None  of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Apple (AAPL) cuts the number of iPhones to be released by 10 million as supply shortage hits the company. FDA approve e-cigarettes from…

Morning Outlook- Markets are trading higher after the SP 500 again put in a low around 3:30 a.m. EDT. Europe is higher on better numbers from SAP. Breaking News – Russian President Putin to supply Europe with as much natural gas as it needs. Just as German Chancellor Merkel leaves a policy shift, hmm… CPI comes in +0.4% above estimates of +0.3%. Earnings Out After The Close Beats: SGH +0.56, PNFP +0.20 Flat: none Misses: none Capital Raises:  IPOs Priced or News: AvidXchange (AVDX) priced at $25 at high end of range $23 to $25. New SPACs launched:  Secondaries Priced: SBRA EFC RLAY BCYC  of note. Notes Priced of note: of note. Common Stock filings: SRPT EFC SBRA NAPA   of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  PYCR MN SNCY STGW of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  None  of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Apple (AAPL) cuts the number of iPhones to be released by 10 million as supply shortage hits the company. FDA approve e-cigarettes from…

CAPIS Morning Note – 10/12/21: SP 500 Up By 50 Points From Overnight Lows

Morning Note

Morning Note

posted by CAPIS on 10/12/2021 at 8:40 am
by CAPIS on 10/12/2021

Morning Outlook- Markets are recovering from overnight lows on the S&P 500 at 3:00 a.m. EDT of 4317 and now are at 4356 up +4.5 points. Asia lower as reports that Evergrande did not pay bond holders of several traunches of coupons. Europe weaker as Germany came out with a weaker ZEW survey and Financials and Autos weaker in Europe. Breaking News – J.P. Morgan (JPM) CEO Jamie Dimon says supply chains issues to fade in 2022. (CNBC) Earnings Out After The Close Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises:  IPOs Priced or News: New SPACs launched: Dune Acquisition Corporation (DUNE) to combine with TradeZero. Secondaries Priced:  None of note. Notes Priced of note: of note. Common Stock filings:  RLAY APRN BCYC of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  None of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  None  of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: NASDAQ saw Equity Options trade 245 million contracts in September versus 247 million in August and 227 million a…

Morning Outlook- Markets are recovering from overnight lows on the S&P 500 at 3:00 a.m. EDT of 4317 and now are at 4356 up +4.5 points. Asia lower as reports that Evergrande did not pay bond holders of several traunches of coupons. Europe weaker as Germany came out with a weaker ZEW survey and Financials and Autos weaker in Europe. Breaking News – J.P. Morgan (JPM) CEO Jamie Dimon says supply chains issues to fade in 2022. (CNBC) Earnings Out After The Close Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises:  IPOs Priced or News: New SPACs launched: Dune Acquisition Corporation (DUNE) to combine with TradeZero. Secondaries Priced:  None of note. Notes Priced of note: of note. Common Stock filings:  RLAY APRN BCYC of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  None of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  None  of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: NASDAQ saw Equity Options trade 245 million contracts in September versus 247 million in August and 227 million a…

CAPIS Morning Note -10/11: Stocks Lower, Merger Monday & Options Expiration Week Ahead

Morning Note

Morning Note

posted by CAPIS on 10/11/2021 at 10:35 am
by CAPIS on 10/11/2021

Morning Outlook- Markets are quiet this morning with Japan up 1.6% while China Flat and Europe little changed with S&P 500 down -0.50% which is the norm of late. Breaking News – Merck (MRK) asks FDA to approve Covid pill via Emergency Use Authorization. Fun Stat – “No Time To Die” pulls in $56 million in the U.S. and $310 million globally. (CNBC) Earnings Out After The Close Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises:  IPOs Priced or News: New SPACs launched:  Secondaries Priced:  None of note. Notes Priced of note: of note. Common Stock filings: NBRV of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  SBOW RMBL AMWL of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  CMPS CFG MCS   of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Biden Administration looking at an Executive Order for more oversight of Cryptocurrencies. Boeing (BA) sees its 147 satellite system to deliver broadband in U.S. advances to a vote at FCC. (Bloomberg) VIZIO (VZIO) Chief Technology Officer…

Morning Outlook- Markets are quiet this morning with Japan up 1.6% while China Flat and Europe little changed with S&P 500 down -0.50% which is the norm of late. Breaking News – Merck (MRK) asks FDA to approve Covid pill via Emergency Use Authorization. Fun Stat – “No Time To Die” pulls in $56 million in the U.S. and $310 million globally. (CNBC) Earnings Out After The Close Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises:  IPOs Priced or News: New SPACs launched:  Secondaries Priced:  None of note. Notes Priced of note: of note. Common Stock filings: NBRV of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  SBOW RMBL AMWL of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  CMPS CFG MCS   of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Biden Administration looking at an Executive Order for more oversight of Cryptocurrencies. Boeing (BA) sees its 147 satellite system to deliver broadband in U.S. advances to a vote at FCC. (Bloomberg) VIZIO (VZIO) Chief Technology Officer…

CAPIS Morning Note – 10/8: Jobs Miss, Stocks Now Mixed

Morning Note

Morning Note

posted by CAPIS on 10/08/2021 at 9:18 am
by CAPIS on 10/08/2021

Morning Outlook- Markets are waiting to see how the Job Growth goes in the U.S. Breaking News – Treasury Secretary Janet Yellen is speaking in Italy this morning. (Bloomberg). Jobs miss with only 194,00 new jobs created.  Earnings Out After The Close Beats: none Flat: none Misses: ACCD (0.44) Capital Raises:  IPOs Priced or News: New SPACs launched:  Secondaries Priced:  None of note. Notes Priced of note: DOC of note. Common Stock filings: AGRX CDTX of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note: RKLY ACHR TMC of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  FNCB of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Scientific Games (SGMS) wins 10 year gaming contract in Vermont. Quidel (QDEL) raises guidance for Q3 well above consensus. Williams Sonoma (WSM) raises minimum wage to $15 an hour. Molina Healthcare (MOH) buys Medicaid business of AgeWell New York for $110 million. After Hours +EFTR +23% VXRT +11% RPTX +5%  and – ALLO -38% ACCD -7% NKTX -4% Dividend Announcements: Increases: THO Stock Split:  Buyback Announcements: VMW What’s Happening…

Morning Outlook- Markets are waiting to see how the Job Growth goes in the U.S. Breaking News – Treasury Secretary Janet Yellen is speaking in Italy this morning. (Bloomberg). Jobs miss with only 194,00 new jobs created.  Earnings Out After The Close Beats: none Flat: none Misses: ACCD (0.44) Capital Raises:  IPOs Priced or News: New SPACs launched:  Secondaries Priced:  None of note. Notes Priced of note: DOC of note. Common Stock filings: AGRX CDTX of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note: RKLY ACHR TMC of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  FNCB of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Scientific Games (SGMS) wins 10 year gaming contract in Vermont. Quidel (QDEL) raises guidance for Q3 well above consensus. Williams Sonoma (WSM) raises minimum wage to $15 an hour. Molina Healthcare (MOH) buys Medicaid business of AgeWell New York for $110 million. After Hours +EFTR +23% VXRT +11% RPTX +5%  and – ALLO -38% ACCD -7% NKTX -4% Dividend Announcements: Increases: THO Stock Split:  Buyback Announcements: VMW What’s Happening…

CAPIS Morning Note – 10/7/21: Deja Vous? Not Really As S&P 500 Up +39 After Being Down -42 Yesterday

Morning Note

Morning Note

posted by CAPIS on 10/07/2021 at 8:41 am
by CAPIS on 10/07/2021

Morning Outlook- The rally that started in the afternoon yesterday continued in Asia and then Europe and U.S. Futures are higher as well. Breaking News – Pfizer (PFE) asks for EUA  for children 5-11. (NY Times) Earnings Out After The Close Beats: RGP +0.16, LEVI +0.11 Flat: None Misses: None Capital Raises:  IPOs Priced or News: Theseus Pharmaceuticals (THRX) priced at $16 at high end of range of $14 to $16. Life Time (LTH) prices IPO at $18 a share at low end of range of $18 to $21. New SPACs launched: Industrial Tech Acquisitions (ITAC) completes merger with Arbe Robotics and will trade under ARBE on Friday. Secondaries Priced:  None of note. Notes Priced of note:  PFLT of note. Common Stock filings:  OSMT PROG of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  DCTH of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  CB of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Twitter (TWTR) will sell MoPub to AppLovin  (APP) for $1.05 billion in cash. Costco (COST) saw September…

Morning Outlook- The rally that started in the afternoon yesterday continued in Asia and then Europe and U.S. Futures are higher as well. Breaking News – Pfizer (PFE) asks for EUA  for children 5-11. (NY Times) Earnings Out After The Close Beats: RGP +0.16, LEVI +0.11 Flat: None Misses: None Capital Raises:  IPOs Priced or News: Theseus Pharmaceuticals (THRX) priced at $16 at high end of range of $14 to $16. Life Time (LTH) prices IPO at $18 a share at low end of range of $18 to $21. New SPACs launched: Industrial Tech Acquisitions (ITAC) completes merger with Arbe Robotics and will trade under ARBE on Friday. Secondaries Priced:  None of note. Notes Priced of note:  PFLT of note. Common Stock filings:  OSMT PROG of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  DCTH of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  CB of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Twitter (TWTR) will sell MoPub to AppLovin  (APP) for $1.05 billion in cash. Costco (COST) saw September…

CAPIS Morning Note – 10/6/21: Ugly Start To Hump Day, Volatility Continues

Morning Note

Morning Note

posted by CAPIS on 10/06/2021 at 8:44 am
by CAPIS on 10/06/2021

Morning Outlook- S&P 500 is lower this morning. Futures have been in sell mode since the close yesterday. Asia saw Japan drop -1% while China closed for Golden Week. In Europe, German Factory Orders fell -8%. UK Construction PMI missed the mark as well at 52.6 versus estimates of 54. Breaking News – ADP Employment Report jumps 568,000 versus estimates of 405,000. Earnings Out After The Close Beats: None Flat: None Misses: None Capital Raises:  IPOs Priced or News: None of note. New SPACs launched:  Secondaries Priced:  HESM INDT  XENE of note. Notes Priced of note: ACC GCI WPC of note. Common Stock filings:  HESM of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note: MANU of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: ALGT AMAL MANU PALT SLHG TSHA of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Hovnanian (HOV) lowers Q4 guidance on supply chain delays. Palantir (PLTR) picks up a win from the Army for intelligence systems and analytics. CRISPR Therapeutics (CRSP) to host virtual event highlighting CTX110…

Morning Outlook- S&P 500 is lower this morning. Futures have been in sell mode since the close yesterday. Asia saw Japan drop -1% while China closed for Golden Week. In Europe, German Factory Orders fell -8%. UK Construction PMI missed the mark as well at 52.6 versus estimates of 54. Breaking News – ADP Employment Report jumps 568,000 versus estimates of 405,000. Earnings Out After The Close Beats: None Flat: None Misses: None Capital Raises:  IPOs Priced or News: None of note. New SPACs launched:  Secondaries Priced:  HESM INDT  XENE of note. Notes Priced of note: ACC GCI WPC of note. Common Stock filings:  HESM of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note: MANU of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: ALGT AMAL MANU PALT SLHG TSHA of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Hovnanian (HOV) lowers Q4 guidance on supply chain delays. Palantir (PLTR) picks up a win from the Army for intelligence systems and analytics. CRISPR Therapeutics (CRSP) to host virtual event highlighting CTX110…

CAPIS Morning Note -10/5/21: Stocks Bounce Higher From Overnight Lows

Morning Note

Morning Note

posted by CAPIS on 10/05/2021 at 8:44 am
by CAPIS on 10/05/2021

Morning Outlook- S&P 500 is higher by +21 this morning. Futures hit a low at 9:30 p.m. EDT at 4270 and are now at 4312. Breaking News – Dell (DELL) CEO Michael Dell notes in an interview this morning that there could be a major upgrade cycle ahead for computers as Microsoft (MSFT) Windows 11 will not run on most computers. (CNBC). Treasury Secretary Janet Yellen also in CNBC interview notes the drop dead date on the debt ceiling is 10/18. (CNBC) Earnings Out After The Close Beats: none Flat: none Misses: CMTL (0.26) Capital Raises:  IPOs Priced or News: None of note. New SPACs launched:  Secondaries Priced: UPH of note. Notes Priced of note: None of note. Common Stock filings: XENE LFMD OWL WATT of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note: None of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  XENE PMVP MGPI MTCR  of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  ABR UHAL of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Scientific Games (SGMS) wins 10 year base contract from  the Pennsylvania Lottery. Parsons…

Morning Outlook- S&P 500 is higher by +21 this morning. Futures hit a low at 9:30 p.m. EDT at 4270 and are now at 4312. Breaking News – Dell (DELL) CEO Michael Dell notes in an interview this morning that there could be a major upgrade cycle ahead for computers as Microsoft (MSFT) Windows 11 will not run on most computers. (CNBC). Treasury Secretary Janet Yellen also in CNBC interview notes the drop dead date on the debt ceiling is 10/18. (CNBC) Earnings Out After The Close Beats: none Flat: none Misses: CMTL (0.26) Capital Raises:  IPOs Priced or News: None of note. New SPACs launched:  Secondaries Priced: UPH of note. Notes Priced of note: None of note. Common Stock filings: XENE LFMD OWL WATT of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note: None of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  XENE PMVP MGPI MTCR  of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  ABR UHAL of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Scientific Games (SGMS) wins 10 year base contract from  the Pennsylvania Lottery. Parsons…

CAPIS Morning Note – 10/4/21: Stocks Lower, Jobs Friday For September

Morning Note

Morning Note

posted by CAPIS on 10/04/2021 at 8:43 am
by CAPIS on 10/04/2021

Earnings Out After The Close Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises:  IPOs Priced or News: None of note. New SPACs launched: Kensington Capital Acquisition Corp (KCAC) merges with Wall Box Chargers  and will trade today at WBX. Frank’s International  (FI) and Expro complete merger and will trade as XPRO today. Secondaries Priced: None of note. Notes Priced of note:  FDUS of note. Common Stock filings: CYRN of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  XM BSY ARQQ of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  BGSF IMNM KYMR PLTR SM VNT ZYME of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Barron’s + on MTOR X, CLF, NUE, STLD, FB , AAL, UAL, DAL, JBLU, SAVE, HA, LUV  and +/- on LMT, BAH, UNH, HUM. Dividend Announcements: Increases: OZK  Stock Split:  Buyback Announcements: CACC What’s Happening This Morning: Futures value reflects the change with fair value. S&P 500 -23 Dow Jones Industrial Average -152  NASDAQ -100  Russell 2000 -10.13 .…

Earnings Out After The Close Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises:  IPOs Priced or News: None of note. New SPACs launched: Kensington Capital Acquisition Corp (KCAC) merges with Wall Box Chargers  and will trade today at WBX. Frank’s International  (FI) and Expro complete merger and will trade as XPRO today. Secondaries Priced: None of note. Notes Priced of note:  FDUS of note. Common Stock filings: CYRN of note. Pricing of Over-Allotment:  Direct Offering:  Selling Shareholders of note:  XM BSY ARQQ of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  BGSF IMNM KYMR PLTR SM VNT ZYME of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Barron’s + on MTOR X, CLF, NUE, STLD, FB , AAL, UAL, DAL, JBLU, SAVE, HA, LUV  and +/- on LMT, BAH, UNH, HUM. Dividend Announcements: Increases: OZK  Stock Split:  Buyback Announcements: CACC What’s Happening This Morning: Futures value reflects the change with fair value. S&P 500 -23 Dow Jones Industrial Average -152  NASDAQ -100  Russell 2000 -10.13 .…

CAPIS Morning Note – 10/1/21: Futures Positive After A Step Drop In the Overnight To 4260 on The S&P 500

Morning Note

Morning Note

posted by CAPIS on 10/01/2021 at 8:45 am
by CAPIS on 10/01/2021

Overnight Summary-  Markets were weak overnight but are starting to improve. The S&P 500 got down to 4260 and is now at 4311. Earnings Out After The Close Beats: JEF +0.51 Flat: None of note. Misses: None of note. Capital Raises:  IPOs Priced or News: None of note. New SPACs launched: Secondaries Priced: None of note. Notes Priced of note: AFIN of note. Common Stock filings: CRXT LODE SOLO of note. Pricing of Over-Allotment:  Direct Offering: PETZ Selling Shareholders of note:  None of note. Private Placement of Public Entity (PIPE): TRVI of note. Mixed Shelf Offerings: RMTI TWOU of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Zoom (ZM) and Five Nine (FIVN) cancel deal after price of Zoom falls 26% and Five Nine shareholders vote against deal. House & Senate pass legislation to avoid a government shutdown. Parsons (PSN) wins a $145 million Army contract. Fluor (FLR) wins a $1.2 billion Navy contract. General Dynamics (GD) wins at $480 million Navy contract. General Electric (GE) wins a $280 million Defense Logistics Agency contract. Boeing (BA) wins a $390…

Overnight Summary-  Markets were weak overnight but are starting to improve. The S&P 500 got down to 4260 and is now at 4311. Earnings Out After The Close Beats: JEF +0.51 Flat: None of note. Misses: None of note. Capital Raises:  IPOs Priced or News: None of note. New SPACs launched: Secondaries Priced: None of note. Notes Priced of note: AFIN of note. Common Stock filings: CRXT LODE SOLO of note. Pricing of Over-Allotment:  Direct Offering: PETZ Selling Shareholders of note:  None of note. Private Placement of Public Entity (PIPE): TRVI of note. Mixed Shelf Offerings: RMTI TWOU of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed:  None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Zoom (ZM) and Five Nine (FIVN) cancel deal after price of Zoom falls 26% and Five Nine shareholders vote against deal. House & Senate pass legislation to avoid a government shutdown. Parsons (PSN) wins a $145 million Army contract. Fluor (FLR) wins a $1.2 billion Navy contract. General Dynamics (GD) wins at $480 million Navy contract. General Electric (GE) wins a $280 million Defense Logistics Agency contract. Boeing (BA) wins a $390…

CAPIS Morning Note – 9/30/21: Stocks Higher But Volatile

Morning Note

Morning Note

posted by CAPIS on 09/30/2021 at 9:04 am
by CAPIS on 09/30/2021

Overnight Summary-  Markets are mostly higher with mixed economic news out of China and Germany but stronger GDP data out of the United Kingdom. Earnings Out After The Close Beats: none Flat: none Misses: MLHR (0.01) Capital Raises:  IPOs Priced or News: Olaplex (OLPX) price IPO at $21 a share above $14 to $16 range. Allvue Systems (ALVU) postpones IPO. New SPACs launched: Jaws Spitfire Acquisition Corporation (SPFR) closes merger with Velo3D to trade as VLD today. Galileo Acquisition Corp (GLEO) completes merger with Shapeways and will trade as SHPW starting today. Union Acquisition Corp II (LATN) to merge with Procaps Groups to trade as PROC starting today. Secondaries Priced: None of note. Notes Priced of note:  SOFI AMT LXU RE of note. Common Stock filings:  KAVL LILM of note. Pricing of Over-Allotment:  Selling Shareholders of note:  None of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: SRGA of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed: VIAV of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Ford (F) renews $15.5 billion in revolving corporate credit lines. Mankind (MNKD) enters sale-leaseback…

Overnight Summary-  Markets are mostly higher with mixed economic news out of China and Germany but stronger GDP data out of the United Kingdom. Earnings Out After The Close Beats: none Flat: none Misses: MLHR (0.01) Capital Raises:  IPOs Priced or News: Olaplex (OLPX) price IPO at $21 a share above $14 to $16 range. Allvue Systems (ALVU) postpones IPO. New SPACs launched: Jaws Spitfire Acquisition Corporation (SPFR) closes merger with Velo3D to trade as VLD today. Galileo Acquisition Corp (GLEO) completes merger with Shapeways and will trade as SHPW starting today. Union Acquisition Corp II (LATN) to merge with Procaps Groups to trade as PROC starting today. Secondaries Priced: None of note. Notes Priced of note:  SOFI AMT LXU RE of note. Common Stock filings:  KAVL LILM of note. Pricing of Over-Allotment:  Selling Shareholders of note:  None of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: SRGA of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed: VIAV of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Ford (F) renews $15.5 billion in revolving corporate credit lines. Mankind (MNKD) enters sale-leaseback…

CAPIS Morning Note – 9/29/21: Stocks Attempt To Rebound From Yesterday’s Selloff

Morning Note

Morning Note

posted by CAPIS on 09/29/2021 at 8:49 am
by CAPIS on 09/29/2021

Overnight Summary-  Markets are trying to recover from yesterday’s U.S. weakness but China and Japan fell -2%  but Europe is up about 1%. Earnings Out After The Close Beats: CALM +0.25, MU +0.08 Flat: None Misses: None Capital Raises:  IPOs Priced or News:  New SPACs launched:  Secondaries Priced: EQT MEG  of note. Notes Priced of note:  BKD HQY MAIN of note. Common Stock filings:  LFMD BRQS DNN  of note. Pricing of Over-Allotment: MKTY Selling Shareholders of note: EQT of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  CASH AXTI AYTU SBEV of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed: None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Sherwin Williams (SHW) lowers Q3 and Fiscal Year 2021 guidance on raw materials availability and pricing inflation. AMC Networks (AMCX) COO Ed Carroll to leave at yearend. Boeing (BA) wins $340 million Navy contract. Index Changes: SLVM to join S&P Small Cap 600 on 10/4 as it replaces STMP which is being acquired by Thoma Bravo. SLVM is being spun out by IP on 10/1. After Hours- Higher:  LCID +7%…

Overnight Summary-  Markets are trying to recover from yesterday’s U.S. weakness but China and Japan fell -2%  but Europe is up about 1%. Earnings Out After The Close Beats: CALM +0.25, MU +0.08 Flat: None Misses: None Capital Raises:  IPOs Priced or News:  New SPACs launched:  Secondaries Priced: EQT MEG  of note. Notes Priced of note:  BKD HQY MAIN of note. Common Stock filings:  LFMD BRQS DNN  of note. Pricing of Over-Allotment: MKTY Selling Shareholders of note: EQT of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:  CASH AXTI AYTU SBEV of note. Convertible Offering & Notes Filed: None of note. Note Offerings Filed: None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Sherwin Williams (SHW) lowers Q3 and Fiscal Year 2021 guidance on raw materials availability and pricing inflation. AMC Networks (AMCX) COO Ed Carroll to leave at yearend. Boeing (BA) wins $340 million Navy contract. Index Changes: SLVM to join S&P Small Cap 600 on 10/4 as it replaces STMP which is being acquired by Thoma Bravo. SLVM is being spun out by IP on 10/1. After Hours- Higher:  LCID +7%…

CAPIS Morning Note -9/28/21: Stocks Especially Tech Stocks Lower As Crude Oil and 10 Year Yields Rise

Morning Note

Morning Note

posted by CAPIS on 09/28/2021 at 9:08 am
by CAPIS on 09/28/2021

Overnight Summary-  Markets are struggling with China higher and Japan lower while Europe weak as Chinese Industrial Profits slowing hits Europe.  Breaking News – China asking State Run Organization to buy assets of Evergrande (Reuters). Crude Oil hits above $80. Treasury 10 Year Yields climb to 1.544% this morning. Earnings Out After The Close Beats: None Flat: None Misses: None Capital Raises:  IPOs Priced or News:  New SPACs launched:  Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings: MEG of note. Selling Shareholders of note: None of note. Private Placement of Public Entity (PIPE): MARK of note. Mixed Shelf Offerings:  CVE MANU of note. Convertible Offering & Notes Filed: BKD NOTV of note. Note Offerings Filed: AFIN GPS of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Federal Reserve Dallas President Robert Kaplan to retire. (CNBC) LinkedIn a unit of Microsoft (MSFT) may consider paid events on the future. (TechCrunch) Scientific Games (SGMS) to sell OpenBet to Endeavor Group (EDR) for $1.2 billion in cash and stock. Pfizer (PFE) begins a mRNA based flu vaccine in a Phase I trial. Boeing (BA) wins…

Overnight Summary-  Markets are struggling with China higher and Japan lower while Europe weak as Chinese Industrial Profits slowing hits Europe.  Breaking News – China asking State Run Organization to buy assets of Evergrande (Reuters). Crude Oil hits above $80. Treasury 10 Year Yields climb to 1.544% this morning. Earnings Out After The Close Beats: None Flat: None Misses: None Capital Raises:  IPOs Priced or News:  New SPACs launched:  Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings: MEG of note. Selling Shareholders of note: None of note. Private Placement of Public Entity (PIPE): MARK of note. Mixed Shelf Offerings:  CVE MANU of note. Convertible Offering & Notes Filed: BKD NOTV of note. Note Offerings Filed: AFIN GPS of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Federal Reserve Dallas President Robert Kaplan to retire. (CNBC) LinkedIn a unit of Microsoft (MSFT) may consider paid events on the future. (TechCrunch) Scientific Games (SGMS) to sell OpenBet to Endeavor Group (EDR) for $1.2 billion in cash and stock. Pfizer (PFE) begins a mRNA based flu vaccine in a Phase I trial. Boeing (BA) wins…

CAPIS Morning Note – 9/27/21: Stocks Lower As Bond Yield Jump On 10 Year Above 1.50%.

Morning Note

Morning Note

posted by CAPIS on 09/27/2021 at 8:46 am
by CAPIS on 09/27/2021

Overnight Summary-  Markets are modestly positive following the German elections that will take several months to for a coalition. Breaking News – Federal Reserve Boston President Rosengren resigning due to health issue with his kidneys. 10 Year Yield at 1.51%/ Earnings Out After The Close Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises:  IPOs Priced or News:  New SPACs launched: Amplitude Healthcare Acquisition Corp (AMHC) merges with Jasper Therapeutics and will trade as JSPR starting today. Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings: CZOO RKLB of note. Selling Shareholders of note:  CZOO MGY VCTR CIFR OPAD   of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: ESS SUN VNRX PLL of note. Convertible Offering & Notes Filed:  None of note. Note Offerings Filed: None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Terminix (TMX) CFO Kim Scott resigned. Company reaffirms guidance. Sonoco Products (SON) will raise prices on recycled paperboard grades sold in itsd EMEA regions. FDA extends review of Opko Health (OPK) and Pfizer (PFE) BLA for somoatrogon for pediatric growth hormone deficiency. Delta (DAL) sees…

Overnight Summary-  Markets are modestly positive following the German elections that will take several months to for a coalition. Breaking News – Federal Reserve Boston President Rosengren resigning due to health issue with his kidneys. 10 Year Yield at 1.51%/ Earnings Out After The Close Beats: None of note. Flat: None of note. Misses: None of note. Capital Raises:  IPOs Priced or News:  New SPACs launched: Amplitude Healthcare Acquisition Corp (AMHC) merges with Jasper Therapeutics and will trade as JSPR starting today. Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings: CZOO RKLB of note. Selling Shareholders of note:  CZOO MGY VCTR CIFR OPAD   of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings: ESS SUN VNRX PLL of note. Convertible Offering & Notes Filed:  None of note. Note Offerings Filed: None of note. Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources. News After The Close: Terminix (TMX) CFO Kim Scott resigned. Company reaffirms guidance. Sonoco Products (SON) will raise prices on recycled paperboard grades sold in itsd EMEA regions. FDA extends review of Opko Health (OPK) and Pfizer (PFE) BLA for somoatrogon for pediatric growth hormone deficiency. Delta (DAL) sees…

CAPIS Morning Note -9/24/21: Stocks Look To End The Week Lower As Evergrande Fears Refuse To Leave

Morning Note

Morning Note

posted by CAPIS on 09/24/2021 at 8:52 am
by CAPIS on 09/24/2021

Overnight Summary-  China closed near its day low while Japan was up 2.1%. In Europe, retail names are weak on Nike’s (NKE) results which are taking down the overall major bourses as well. Breaking News – China PBOC bans any crypto transaction including Bitcoin. (WSJ) Breaking News II – Debt limit to be breached between October 15 and November 4th per the Bipartisan Policy Center. In 2011, this led to a downgrade of U.S. debt. U.S. Senator & Majority Leader Schumer says has framework to avoid debt default. Love that word “framework”. Earnings Out After The Close Beats: TCOM +0.70, PRGS +0.36, COST +0.36, NKE +0.04, AIR +0.03, CAMP +0.02, MTN +0.01 Flat: None Misses: None Capital Raises:  IPOs Priced or News: Cue Health (HLTH) prices IPO at $16 mid point of range $15 to $17. Clearwater Analytics (CWAN) prices at $18 above range of $14 to $16. New SPACs launched: Fusion Acquisition Corp (FUSE) to merge with MoneyLion (ML) starting today. Secondaries Priced: INVH TIXT of note. Notes Priced of note:  AMT KRC of note. Common Stock filings: INVH EFTR ONTX PALI of note. Selling Shareholders of note:  SMRT MGY of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:   None of note. Convertible…

Overnight Summary-  China closed near its day low while Japan was up 2.1%. In Europe, retail names are weak on Nike’s (NKE) results which are taking down the overall major bourses as well. Breaking News – China PBOC bans any crypto transaction including Bitcoin. (WSJ) Breaking News II – Debt limit to be breached between October 15 and November 4th per the Bipartisan Policy Center. In 2011, this led to a downgrade of U.S. debt. U.S. Senator & Majority Leader Schumer says has framework to avoid debt default. Love that word “framework”. Earnings Out After The Close Beats: TCOM +0.70, PRGS +0.36, COST +0.36, NKE +0.04, AIR +0.03, CAMP +0.02, MTN +0.01 Flat: None Misses: None Capital Raises:  IPOs Priced or News: Cue Health (HLTH) prices IPO at $16 mid point of range $15 to $17. Clearwater Analytics (CWAN) prices at $18 above range of $14 to $16. New SPACs launched: Fusion Acquisition Corp (FUSE) to merge with MoneyLion (ML) starting today. Secondaries Priced: INVH TIXT of note. Notes Priced of note:  AMT KRC of note. Common Stock filings: INVH EFTR ONTX PALI of note. Selling Shareholders of note:  SMRT MGY of note. Private Placement of Public Entity (PIPE): None of note. Mixed Shelf Offerings:   None of note. Convertible…

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