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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…

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…

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…

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 22,124,929 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: 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: 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: 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: 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…

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…