Morning Note

456 total posts

CAPIS Morning Note – 10/28/20: An Ugly Start To Day As Dow Off -615

Morning Note

Morning Note

posted by CAPIS on 10/28/2020 at 7:38 am
by CAPIS on 10/28/2020

Market Tone:  Lots of back and forth the last couple of weeks after the initial bounce off the September lows. Expect volatility to continue into the election. Covid-19 Statistics: Total Cases 8,723,438 from 8,660,366 Recovered 3,487,666 from 3,460,455 Deaths 218,349 from 217,418 Tests 1,052,874 from 1,153,040 New Cases 73,096 from 62,315 with positivity rate +6.1% Daily Deaths 931 from 890 Current Hospitalizations 44,212 from 42,917 Capital Raises: IPOs Priced: GATO Silver (GATO) priced at $7 which is the lower end of the range $7 to $9. Media Alpha (MAX) priced at $19 above expectations of $18. Root (ROOT) priced at $27 above range of $22 to $25. Biodesix (BDSX) priced at $18 with range of $17 to $19. Secondaries Priced: MRTX EQT of note. Notes Priced of note:  None of note. Common Stock filings: ALLK  EQT SPRK 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 After The Close: Beats: ENVA +2.17, FSLR +0.80, DXCM +0.60, EEFT +0.59, UMBF +0.57, RRR +0.52, MSFT +0.46, KAI +0.34, TRMK +0.34, CYH +0.29, TEX +0.28, WIRE +0.27, SF +0.26, AFL +0.25, THG +0.24, SYX +0.23, CXO +0.20, CSGP +0.19, IEX +0.19, MASI…

Market Tone:  Lots of back and forth the last couple of weeks after the initial bounce off the September lows. Expect volatility to continue into the election. Covid-19 Statistics: Total Cases 8,723,438 from 8,660,366 Recovered 3,487,666 from 3,460,455 Deaths 218,349 from 217,418 Tests 1,052,874 from 1,153,040 New Cases 73,096 from 62,315 with positivity rate +6.1% Daily Deaths 931 from 890 Current Hospitalizations 44,212 from 42,917 Capital Raises: IPOs Priced: GATO Silver (GATO) priced at $7 which is the lower end of the range $7 to $9. Media Alpha (MAX) priced at $19 above expectations of $18. Root (ROOT) priced at $27 above range of $22 to $25. Biodesix (BDSX) priced at $18 with range of $17 to $19. Secondaries Priced: MRTX EQT of note. Notes Priced of note:  None of note. Common Stock filings: ALLK  EQT SPRK 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 After The Close: Beats: ENVA +2.17, FSLR +0.80, DXCM +0.60, EEFT +0.59, UMBF +0.57, RRR +0.52, MSFT +0.46, KAI +0.34, TRMK +0.34, CYH +0.29, TEX +0.28, WIRE +0.27, SF +0.26, AFL +0.25, THG +0.24, SYX +0.23, CXO +0.20, CSGP +0.19, IEX +0.19, MASI…

CAPIS Morning Note – 10/27/20: Stocks Up Modestly, After Monday’s Rout

Morning Note

Morning Note

posted by CAPIS on 10/27/2020 at 7:41 am
by CAPIS on 10/27/2020

Market Tone:  Lots of back and forth the last couple of weeks after the initial bounce off the September lows. Expect volatility to continue into the election. Covid-19 Statistics: Total Cases 8,660,366 Recovered 3,460,455 Deaths 217,418 Tests 1,153,040 New Cases 62,315 with positivity rate +6% Daily Deaths 890 Current Hospitalizations 42,917 Capital Raises: IPOs Priced: None of note. Secondaries Priced:  TPTX  of note. Notes Priced of note:  None of note. Common Stock filings:  MRTX of note. Selling Shareholders of note:  ALTG MRTX  of note. Mixed Shelf Offerings: None  of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: OMF +0.93, SSD +0.55, LRN +0.54, MC +0.51, UIS +0.44, TNET +0.40, FIX +0.34, IBTX +0.33, HTLF +0.31, CR +0.25, AGNC +0.24, VRNS +0.19, PKG +0.16, ACC +0.16, TBI +0.16, BYD +0.15, AMKR +0.11, CATY +0.11, BRO +0.09, HLIT +0.08, TWLO +0.08, CHGG +0.07, FFIV +0.06, HSTM +0.04, PCH +0.03, QTS +0.01  of note. Flat: ARE 0.00, CINF 0.00, TCF 0.00 Misses: NXPI (1.68), PFG (0.55), AJRD (0.08), MEDP (0.07), NOV (0.04)  of note. News After The Close: SkyWest (SKYW) COO Mike Thompson will retire immediately.’ TCF Financial (TCF) CEO Craig R. Dahl to retire. Board elects Vice Chairman…

Market Tone:  Lots of back and forth the last couple of weeks after the initial bounce off the September lows. Expect volatility to continue into the election. Covid-19 Statistics: Total Cases 8,660,366 Recovered 3,460,455 Deaths 217,418 Tests 1,153,040 New Cases 62,315 with positivity rate +6% Daily Deaths 890 Current Hospitalizations 42,917 Capital Raises: IPOs Priced: None of note. Secondaries Priced:  TPTX  of note. Notes Priced of note:  None of note. Common Stock filings:  MRTX of note. Selling Shareholders of note:  ALTG MRTX  of note. Mixed Shelf Offerings: None  of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: OMF +0.93, SSD +0.55, LRN +0.54, MC +0.51, UIS +0.44, TNET +0.40, FIX +0.34, IBTX +0.33, HTLF +0.31, CR +0.25, AGNC +0.24, VRNS +0.19, PKG +0.16, ACC +0.16, TBI +0.16, BYD +0.15, AMKR +0.11, CATY +0.11, BRO +0.09, HLIT +0.08, TWLO +0.08, CHGG +0.07, FFIV +0.06, HSTM +0.04, PCH +0.03, QTS +0.01  of note. Flat: ARE 0.00, CINF 0.00, TCF 0.00 Misses: NXPI (1.68), PFG (0.55), AJRD (0.08), MEDP (0.07), NOV (0.04)  of note. News After The Close: SkyWest (SKYW) COO Mike Thompson will retire immediately.’ TCF Financial (TCF) CEO Craig R. Dahl to retire. Board elects Vice Chairman…

CAPIS Morning Note – 10/26/20: 8 Days To The Election, Volatility Up This Morning

Morning Note

Morning Note

posted by CAPIS on 10/26/2020 at 7:38 am
by CAPIS on 10/26/2020

Market Tone:  Lots of back and forth the last couple of weeks after the initial bounce off the September lows. Expect volatility to continue into the election. Capital Raises IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note:  None of note. Common Stock filings: EDU EBON HYLN of note. Selling Shareholders of note: EDU HYLN ACIU of note. Mixed Shelf Offerings:  NWPX CODX AYI MBIO of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None  of note. Flat:  Misses: None of note. News After The Close: FAA says that the software fix by Boeing (BA) did not go far enough. AstraZeneca (AZN) restarts its Covid-19 vaccine which is in Phase III Trial. DiamondPeak Holdings completes combination with Lordstown Motors which will start to trade under ticker RIDE today. Judge rejects the Department of Justice attempt to bar Apple (AAPL) and Google (GOOGL) from offering WeChat. Johnson & Johnson (JNJ) restarts its Covid-19 vaccine which is in Phase III Trial. CVS Health (CVS) and Walgreens (WBA) will offer Covid-19 vaccine for seniors. Facebook (FB) demands NYU stop collecting data about Facebook’s political ad targeting practices. Ratings agency affirms Greece,…

Market Tone:  Lots of back and forth the last couple of weeks after the initial bounce off the September lows. Expect volatility to continue into the election. Capital Raises IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note:  None of note. Common Stock filings: EDU EBON HYLN of note. Selling Shareholders of note: EDU HYLN ACIU of note. Mixed Shelf Offerings:  NWPX CODX AYI MBIO of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None  of note. Flat:  Misses: None of note. News After The Close: FAA says that the software fix by Boeing (BA) did not go far enough. AstraZeneca (AZN) restarts its Covid-19 vaccine which is in Phase III Trial. DiamondPeak Holdings completes combination with Lordstown Motors which will start to trade under ticker RIDE today. Judge rejects the Department of Justice attempt to bar Apple (AAPL) and Google (GOOGL) from offering WeChat. Johnson & Johnson (JNJ) restarts its Covid-19 vaccine which is in Phase III Trial. CVS Health (CVS) and Walgreens (WBA) will offer Covid-19 vaccine for seniors. Facebook (FB) demands NYU stop collecting data about Facebook’s political ad targeting practices. Ratings agency affirms Greece,…

CAPIS Morning Note 10/23/20: Let’s Get Ready To Rumble Post Debates As Election Looms Large

Morning Note

Morning Note

posted by CAPIS on 10/23/2020 at 7:51 am
by CAPIS on 10/23/2020

This is an abbreviated note due to an internet outage. We will return to normal output on Monday. Have a great weekend. Market Tone: Yes we are done with the presidential debates and now it is 11 days to the election. Stimulus is fading by the minute until after the election. Expect volatile action through the week of November 6th. Earnings After The Close: Beats: SIVB +3.23, COF +2.97, SAM +1.79, HTH +1.17, ABCB +0.80, MAT +0.57, BJRI +0.45, WAL +0.32, EHTH +0.26, OZK +0.25, BOOM +0.18, VRSN +0.14, MANH +0.12, NXGN +0.10, RHI +0.08, EIG +0.07, PBCT +0.05, FFIN +0.05, FFBC +0.04, STX +0.03, VICR +0.03, ASB +0.01 of note. Flat: INTC +0.00 Misses: CLGX (0.15), LLNW (0.03)  of note. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. S&P 500 +11 Dow Jones Industrial Average +86  NASDAQ +35  Russell 2000 +17.25 . Fair values are lower.  Asia mixed and Europe higher. Current VIX is at 28.11 from 28.65. 3 month VIX Future is at 29.30 from 29.61. Gold and silver higher with copper lower. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is lower. $ is lower…

This is an abbreviated note due to an internet outage. We will return to normal output on Monday. Have a great weekend. Market Tone: Yes we are done with the presidential debates and now it is 11 days to the election. Stimulus is fading by the minute until after the election. Expect volatile action through the week of November 6th. Earnings After The Close: Beats: SIVB +3.23, COF +2.97, SAM +1.79, HTH +1.17, ABCB +0.80, MAT +0.57, BJRI +0.45, WAL +0.32, EHTH +0.26, OZK +0.25, BOOM +0.18, VRSN +0.14, MANH +0.12, NXGN +0.10, RHI +0.08, EIG +0.07, PBCT +0.05, FFIN +0.05, FFBC +0.04, STX +0.03, VICR +0.03, ASB +0.01 of note. Flat: INTC +0.00 Misses: CLGX (0.15), LLNW (0.03)  of note. What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. S&P 500 +11 Dow Jones Industrial Average +86  NASDAQ +35  Russell 2000 +17.25 . Fair values are lower.  Asia mixed and Europe higher. Current VIX is at 28.11 from 28.65. 3 month VIX Future is at 29.30 from 29.61. Gold and silver higher with copper lower. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is lower. $ is lower…

CAPIS Morning Note – 10/22/20: Stocks Mixed This Morning

Morning Note

Morning Note

posted by CAPIS on 10/22/2020 at 7:33 am
by CAPIS on 10/22/2020

Market Tone: Stocks have been fading gains since last Friday. Same thing yesterday as the S&P 500 high was 3465 and closed at 3435. Once the market can put stimulus behind it then normal trading can return only to get volatile again election week. Volatility remains a clear and present issue. The deadline for a stimulus deal put in place by House Speaker Nancy Pelosi over the weekend has come and gone yet we are still talking about the deal. Can you say “kicking the can down the road”. Covid-19 Update With Latest Data From Wednesday  Total Cases 8,289,661 from 8,232,285 Recovered: 3,323,354 from 3,295,148 Deaths 213,672 from 212,678 Tests 870,363 from 906.932 Daily Deaths 994 from 832 Current Hospitalizations 37,046 from 39,230 source COVID tracking project Others sources of note Johns Hopkins Map Capital Raises IPOs Priced: McAfee (MCFE) priced at $20 with range of $19 to $22.  Secondaries Priced:  PLL APTX ACCD REPL  of note. Notes Priced of note:  None of note. Common Stock filings:  AMSC of note. Selling Shareholders of note:  Mixed Shelf Offerings: KNDI FULT of note. Convertible Offering Files: CLAR of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: WHR +2.71, LRCX +1.55, ALGN +1.52, DFS +0.91,…

Market Tone: Stocks have been fading gains since last Friday. Same thing yesterday as the S&P 500 high was 3465 and closed at 3435. Once the market can put stimulus behind it then normal trading can return only to get volatile again election week. Volatility remains a clear and present issue. The deadline for a stimulus deal put in place by House Speaker Nancy Pelosi over the weekend has come and gone yet we are still talking about the deal. Can you say “kicking the can down the road”. Covid-19 Update With Latest Data From Wednesday  Total Cases 8,289,661 from 8,232,285 Recovered: 3,323,354 from 3,295,148 Deaths 213,672 from 212,678 Tests 870,363 from 906.932 Daily Deaths 994 from 832 Current Hospitalizations 37,046 from 39,230 source COVID tracking project Others sources of note Johns Hopkins Map Capital Raises IPOs Priced: McAfee (MCFE) priced at $20 with range of $19 to $22.  Secondaries Priced:  PLL APTX ACCD REPL  of note. Notes Priced of note:  None of note. Common Stock filings:  AMSC of note. Selling Shareholders of note:  Mixed Shelf Offerings: KNDI FULT of note. Convertible Offering Files: CLAR of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: WHR +2.71, LRCX +1.55, ALGN +1.52, DFS +0.91,…

CAPIS Morning Note for 10/21/20: Stimulus Talks Continue Despite Deadline

Morning Note

Morning Note

posted by CAPIS on 10/21/2020 at 7:42 am
by CAPIS on 10/21/2020

Market Tone: Stocks have been fading gains since last Friday. Same thing yesterday as the S&P 500 high was 3476 and closed at 3443. Once the market can put stimulus behind it then normal trading can return only to get volatile again election week. Volatility remains a clear and present issue. The deadline for a stimulus deal put in place by House Speaker Nancy Pelosi over the weekend has come and gone yet we are still talking about the deal. Can you say “kicking the can down the road”. Covid-19 Update With Latest Data From Monday  Total Cases 8,232,285 from 8,171,703 Recovered: 3,295,148 from 3,272,603 Deaths 212,678 from 211,846 Tests 906.932 from 1,200,056 Daily Deaths 832 from 780 Current Hospitalizations 39,230 from  37,744 source COVID tracking project Others sources of note Johns Hopkins Map Capital Raises IPOs Priced: Datto Holding (MSP) priced at $27.  Secondaries Priced:  None of note. Notes Priced of note:  None of note. Common Stock filings: APTX CWST REPL of note. Selling Shareholders of note:  Mixed Shelf Offerings: R of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: IRBT +2.27, THC +0.40, PNFP +0.35, NBHC +0.33, WDFC +0.29, CALX +0.21, UCBI +0.21, HWC +0.20, NAVI +0.20, FULT…

Market Tone: Stocks have been fading gains since last Friday. Same thing yesterday as the S&P 500 high was 3476 and closed at 3443. Once the market can put stimulus behind it then normal trading can return only to get volatile again election week. Volatility remains a clear and present issue. The deadline for a stimulus deal put in place by House Speaker Nancy Pelosi over the weekend has come and gone yet we are still talking about the deal. Can you say “kicking the can down the road”. Covid-19 Update With Latest Data From Monday  Total Cases 8,232,285 from 8,171,703 Recovered: 3,295,148 from 3,272,603 Deaths 212,678 from 211,846 Tests 906.932 from 1,200,056 Daily Deaths 832 from 780 Current Hospitalizations 39,230 from  37,744 source COVID tracking project Others sources of note Johns Hopkins Map Capital Raises IPOs Priced: Datto Holding (MSP) priced at $27.  Secondaries Priced:  None of note. Notes Priced of note:  None of note. Common Stock filings: APTX CWST REPL of note. Selling Shareholders of note:  Mixed Shelf Offerings: R of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: IRBT +2.27, THC +0.40, PNFP +0.35, NBHC +0.33, WDFC +0.29, CALX +0.21, UCBI +0.21, HWC +0.20, NAVI +0.20, FULT…

CAPIS Morning Note – 10/20/20: Deal or No Deal?

Morning Note

Morning Note

posted by CAPIS on 10/20/2020 at 7:45 am
by CAPIS on 10/20/2020

Market Tone: Stocks have been fading any gains the last couple of days. Same thing this morning. Once the market can put stimulus behind it then normal trading can return only to get volatile again election week. Volatility remains a clear and present issue. There is a deadline for a stimulus deal put in place by House Speaker Nancy Pelosi over the weekend to get a deal by Tuesday close. Covid-19 Update With Latest Data From Monday  Total Cases 8,171,703 from 8,113,984 Recovered: 3,272,603 from 3,234,138 Deaths 211,846 from 211,384 Tests 1,200,056 from 964,792 Daily Deaths 780 from 774 Current Hospitalizations 37,744 from 36,428 source COVID tracking project Others sources of note Johns Hopkins Map Capital Raises IPOs Priced:  Secondaries Priced:  BLU of note. Notes Priced of note:  None of note. Common Stock filings: ACCD AMC  of note. Selling Shareholders of note:  Mixed Shelf Offerings: XFOR of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: LOGI +1.33, CCK +0.38, BXS +0.15, ZION +0.12, CDNS +0.09, STLD +0.03, FNB +0.03, ELS +0.02, PPG +0.01  of note. Flat: IBM (+0.00) Misses: HXL (0.36) of note. News After The Close: Align Tech (ALGN) files new lawsuit against 3Shape in Texas Federal…

Market Tone: Stocks have been fading any gains the last couple of days. Same thing this morning. Once the market can put stimulus behind it then normal trading can return only to get volatile again election week. Volatility remains a clear and present issue. There is a deadline for a stimulus deal put in place by House Speaker Nancy Pelosi over the weekend to get a deal by Tuesday close. Covid-19 Update With Latest Data From Monday  Total Cases 8,171,703 from 8,113,984 Recovered: 3,272,603 from 3,234,138 Deaths 211,846 from 211,384 Tests 1,200,056 from 964,792 Daily Deaths 780 from 774 Current Hospitalizations 37,744 from 36,428 source COVID tracking project Others sources of note Johns Hopkins Map Capital Raises IPOs Priced:  Secondaries Priced:  BLU of note. Notes Priced of note:  None of note. Common Stock filings: ACCD AMC  of note. Selling Shareholders of note:  Mixed Shelf Offerings: XFOR of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: LOGI +1.33, CCK +0.38, BXS +0.15, ZION +0.12, CDNS +0.09, STLD +0.03, FNB +0.03, ELS +0.02, PPG +0.01  of note. Flat: IBM (+0.00) Misses: HXL (0.36) of note. News After The Close: Align Tech (ALGN) files new lawsuit against 3Shape in Texas Federal…

CAPIS Morning Note – 10/19/20 : Earnings, Earnings And More Earnings This Week

Morning Note

Morning Note

posted by CAPIS on 10/19/2020 at 7:47 am
by CAPIS on 10/19/2020

Market Tone: Stocks rebounded modestly last week  and were strong on Friday until about 2:30 p.m. EDT before a late afternoon sell-0ff. Volatility remains a clear and present issue. Covid-19 Update With Latest Data From Friday  Total Cases 8,113,984 from 7,939,566 Recovered: 3,234,138 from 3,177,397 Deaths 211,384 from 209,340 Tests 964,792 from 1,006,043 Daily Deaths 774 from 951 Current Hospitalizations 36.428 from 37,308 source COVID tracking project Others sources of note Johns Hopkins Map 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: TXG Mixed Shelf Offerings: FLUX of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. News After The Close: AMC Networks (AMCX) names Donna Coleman as Interim CFO. U.S. Supreme Court to hear Census case on undocumented citizens. Barron’s + on EBAY AAPL while mixed on JPM GS C BAC . Dividend Increase:  Dividend Suspended:  Reinstates Or Initiates Buybacks:  Guides Higher:  Hourly Action –  Updated 10/15. 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 …

Market Tone: Stocks rebounded modestly last week  and were strong on Friday until about 2:30 p.m. EDT before a late afternoon sell-0ff. Volatility remains a clear and present issue. Covid-19 Update With Latest Data From Friday  Total Cases 8,113,984 from 7,939,566 Recovered: 3,234,138 from 3,177,397 Deaths 211,384 from 209,340 Tests 964,792 from 1,006,043 Daily Deaths 774 from 951 Current Hospitalizations 36.428 from 37,308 source COVID tracking project Others sources of note Johns Hopkins Map 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: TXG Mixed Shelf Offerings: FLUX of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. News After The Close: AMC Networks (AMCX) names Donna Coleman as Interim CFO. U.S. Supreme Court to hear Census case on undocumented citizens. Barron’s + on EBAY AAPL while mixed on JPM GS C BAC . Dividend Increase:  Dividend Suspended:  Reinstates Or Initiates Buybacks:  Guides Higher:  Hourly Action –  Updated 10/15. 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 …

CAPIS Morning Note – 10/16/20: Retail Sales Rise 1.9% Versus Estimate of 0.7%

Morning Note

Morning Note

posted by CAPIS on 10/15/2020 at 7:03 pm
by CAPIS on 10/15/2020

Market Tone: Stocks rebounded nicely last week and have been in sell mode the last three days BUT rallied all Thursday from the opening print which was the low for the day. That strength is extending into today’s action with the strong retail sales data. More data out later today. Cold weather begins to invade the upper half of the United States today and continues for the next two weeks, watch natural gas prices. Covid-19 Update With Latest Data From Thursday  Total Cases 7,939,566 from 7,876,324 Recovered: 3,177,397 from 3,155,794 Deaths 209,340 from 208,387 Tests 1,006,043 from 948,834 Daily Deaths 951 from 809 Current Hospitalizations 37,308 from 37,046 source COVID tracking project Others sources of note Johns Hopkins Map Capital Raises IPOs Priced: Tarsus Pharmaceuticals (TARS) prices IPO at $16 a share which is within the expected range of $15 to $17. Praxis Precision Medicines (PRAX) priced at $19 a share above expected $17 to $18. Aligos Therapeutics (ALGS) priced at $15 which is within the range of $14 to $16. Secondaries Priced: RPRX of note. Notes Priced of note: RDFN of note. Common Stock filings: None of note. Selling Shareholders of note: FSLY Mixed Shelf Offerings: CDW of note. Convertible Offering Files:…

Market Tone: Stocks rebounded nicely last week and have been in sell mode the last three days BUT rallied all Thursday from the opening print which was the low for the day. That strength is extending into today’s action with the strong retail sales data. More data out later today. Cold weather begins to invade the upper half of the United States today and continues for the next two weeks, watch natural gas prices. Covid-19 Update With Latest Data From Thursday  Total Cases 7,939,566 from 7,876,324 Recovered: 3,177,397 from 3,155,794 Deaths 209,340 from 208,387 Tests 1,006,043 from 948,834 Daily Deaths 951 from 809 Current Hospitalizations 37,308 from 37,046 source COVID tracking project Others sources of note Johns Hopkins Map Capital Raises IPOs Priced: Tarsus Pharmaceuticals (TARS) prices IPO at $16 a share which is within the expected range of $15 to $17. Praxis Precision Medicines (PRAX) priced at $19 a share above expected $17 to $18. Aligos Therapeutics (ALGS) priced at $15 which is within the range of $14 to $16. Secondaries Priced: RPRX of note. Notes Priced of note: RDFN of note. Common Stock filings: None of note. Selling Shareholders of note: FSLY Mixed Shelf Offerings: CDW of note. Convertible Offering Files:…

CAPIS Morning Note – 10/15/20: Stocks Continue Two Day Slide

Morning Note

Morning Note

posted by CAPIS on 10/15/2020 at 7:34 am
by CAPIS on 10/15/2020

Breaking News: Treasury Secretary Mnuchin says will give ground on virus testing in stimulus package. (CNBC) Market Tone: Stocks rebounded nicely last week and have been in sell mode the last two days with a third possible this morning. Covid-19 Update With Latest Data From Wednesday  Total Cases 7,876,324 from 7,817,857 Recovered: 3,155,794 from 3,124,593 Deaths 208,387 from 207,557 Tests 948,834 from 894,411 Daily Deaths 809 from 669 Current Hospitalizations 37,046 from 36,034 source COVID tracking project Others sources of note Johns Hopkins Map Capital Raises IPOs Priced: None of note. Secondaries Priced: VVIR SIBN of note. Notes Priced of note: None of note. Common Stock filings: SIBN of note. Selling Shareholders of note: LEAF AZRE Mixed Shelf Offerings:  AEE LEAF AZRE of note. Convertible Offering Files:  RDFN of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: SNBR +0.79, AA +0.08, WAFD +0.03 of note. Misses: UAL (0.62), PACW (0.25) of note. News After The Close: Fastly (FSLY) lowers Q3 Guidance and the stop gets hammered  of more than 20%. Will impact cloud related stocks. Albertsons (ACI) declares its first dividend. Vertex Pharmaceuticals (VRTX) stops Phase 2 Trial of VX-814. Allegheny Tech (ATI) sees outlook revised to negative by major credit agency…

Breaking News: Treasury Secretary Mnuchin says will give ground on virus testing in stimulus package. (CNBC) Market Tone: Stocks rebounded nicely last week and have been in sell mode the last two days with a third possible this morning. Covid-19 Update With Latest Data From Wednesday  Total Cases 7,876,324 from 7,817,857 Recovered: 3,155,794 from 3,124,593 Deaths 208,387 from 207,557 Tests 948,834 from 894,411 Daily Deaths 809 from 669 Current Hospitalizations 37,046 from 36,034 source COVID tracking project Others sources of note Johns Hopkins Map Capital Raises IPOs Priced: None of note. Secondaries Priced: VVIR SIBN of note. Notes Priced of note: None of note. Common Stock filings: SIBN of note. Selling Shareholders of note: LEAF AZRE Mixed Shelf Offerings:  AEE LEAF AZRE of note. Convertible Offering Files:  RDFN of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: SNBR +0.79, AA +0.08, WAFD +0.03 of note. Misses: UAL (0.62), PACW (0.25) of note. News After The Close: Fastly (FSLY) lowers Q3 Guidance and the stop gets hammered  of more than 20%. Will impact cloud related stocks. Albertsons (ACI) declares its first dividend. Vertex Pharmaceuticals (VRTX) stops Phase 2 Trial of VX-814. Allegheny Tech (ATI) sees outlook revised to negative by major credit agency…

CAPIS Morning Note – 10/14/20: Futures Higher, Lower And Now Higher

Morning Note

Morning Note

posted by CAPIS on 10/14/2020 at 8:09 am
by CAPIS on 10/14/2020

Market Tone: Stocks rebounded nicely last week and yesterday were lower but did not close at the lows of the day. Overnight the S&P 500 rose until 5:00 a.m. EDT and then pulled back before getting back to flat as we published. Earnings season has kicked off and it is a strong start with the reports but the reactions are mixed. Covid-19 Update With Latest Data From Monday  Total Cases 7,817,857 from 7,770,673 Recovered: 3,124,593 from 3,106,728 Deaths 207,557 from 206,881 Tests 894,411 from 1,003,578 Daily Deaths 669 from 663 Current Hospitalizations 36,034 from 35,056 source COVID tracking project Capital Raises IPOs Priced: None of note. Secondaries Priced:  RCL ATEC  of note. Notes Priced of note: NVMI of note. Common Stock filings: ETON ATEC SPNS OCUL LAZY  of note. Selling Shareholders of note: RPRX Mixed Shelf Offerings:  SRC of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. News After The Close: Several insurance companies update catastrophic loss estimates THG RNR ACGL AXS. Six Flags (SIX) reduces workforce by 240. Supreme Court rules that Census count can end early. Win for Trump Administration. University of Florida suspends activities as Covid-19 cases…

Market Tone: Stocks rebounded nicely last week and yesterday were lower but did not close at the lows of the day. Overnight the S&P 500 rose until 5:00 a.m. EDT and then pulled back before getting back to flat as we published. Earnings season has kicked off and it is a strong start with the reports but the reactions are mixed. Covid-19 Update With Latest Data From Monday  Total Cases 7,817,857 from 7,770,673 Recovered: 3,124,593 from 3,106,728 Deaths 207,557 from 206,881 Tests 894,411 from 1,003,578 Daily Deaths 669 from 663 Current Hospitalizations 36,034 from 35,056 source COVID tracking project Capital Raises IPOs Priced: None of note. Secondaries Priced:  RCL ATEC  of note. Notes Priced of note: NVMI of note. Common Stock filings: ETON ATEC SPNS OCUL LAZY  of note. Selling Shareholders of note: RPRX Mixed Shelf Offerings:  SRC of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. News After The Close: Several insurance companies update catastrophic loss estimates THG RNR ACGL AXS. Six Flags (SIX) reduces workforce by 240. Supreme Court rules that Census count can end early. Win for Trump Administration. University of Florida suspends activities as Covid-19 cases…

CAPIS Morning Note – 10/13/20. Stocks Take A Breather This Morning, President Trump Tests Negative For Two Days In A Row

Morning Note

Morning Note

posted by CAPIS on 10/12/2020 at 8:31 pm
by CAPIS on 10/12/2020

It’s Prime Day at Amazon (AMZN)! Make sure to buy something today to help out the retailer. Market Tone: Stocks rebounded nicely last week and continue higher this morning. Earnings season has kicked off this morning and it was a strong start. Covid-19 Update With Latest Data From Monday  Total Cases 7,770,673 from 7,727,630 Recovered: 3,106,728 from 3,075,077 Deaths 206,881 from 206,597 Tests 1,003,578 from 943,645 Daily Deaths 663 from 986 Current Hospitalizations 35,056 from 34,028 source COVID tracking project 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:  Mixed Shelf Offerings:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. News After The Close: Walt Disney (DIS) to reorganize its media and entertainment businesses. Exelon (EXC) may separate its non-utility assets. Johnson & Johnson (JNJ) accused in lawsuit of misleading investors of Auris Health in merger agreement. Johnson & Johnson (JNJ) stops trial of Covid-19 vaccine as patient has negative reaction, no details. President Trump’s doctor notes that the president has had two negative days in a row of…

It’s Prime Day at Amazon (AMZN)! Make sure to buy something today to help out the retailer. Market Tone: Stocks rebounded nicely last week and continue higher this morning. Earnings season has kicked off this morning and it was a strong start. Covid-19 Update With Latest Data From Monday  Total Cases 7,770,673 from 7,727,630 Recovered: 3,106,728 from 3,075,077 Deaths 206,881 from 206,597 Tests 1,003,578 from 943,645 Daily Deaths 663 from 986 Current Hospitalizations 35,056 from 34,028 source COVID tracking project 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:  Mixed Shelf Offerings:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. News After The Close: Walt Disney (DIS) to reorganize its media and entertainment businesses. Exelon (EXC) may separate its non-utility assets. Johnson & Johnson (JNJ) accused in lawsuit of misleading investors of Auris Health in merger agreement. Johnson & Johnson (JNJ) stops trial of Covid-19 vaccine as patient has negative reaction, no details. President Trump’s doctor notes that the president has had two negative days in a row of…

CAPIS Morning Note -10/12/20 Stocks Continue Their Run

Morning Note

Morning Note

posted by CAPIS on 10/12/2020 at 8:02 am
by CAPIS on 10/12/2020

Market Tone: Stocks rebounded nicely last week and continue higher this morning. Earnings season will kick off tomorrow morning. Today will be a quiet day as the bond market will be closed for Columbus Day Observances. Covid-19 Update With Latest Data From Friday  Total Cases 7,727,630 from 7,566,106 Recovered: 3,075,077 from 3,021,252 Deaths 206,597 from 204,566 Tests 943,645 from 1,030,766 Daily Deaths 986 from 975 Current Hospitalizations 34,028 from 32,124 source COVID tracking project 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:  Mixed Shelf Offerings:  DEI PLYA RCEL of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. News After The Close: Airbus increased deliveries but no new sales. (Reuters) AstraZeneca (AZN) sees the U.S. Government to invest $486 million supply of its monoclonal antibody product. PG&E (PCG) files incident report with the California Public Utilities Commission related to fire in Shasta County. President Trump held a rally at The White House and spoke for 18 minutes. Barron’s + on CAT ETN ROK PWR AB WKHS. Dividend Increase: AON…

Market Tone: Stocks rebounded nicely last week and continue higher this morning. Earnings season will kick off tomorrow morning. Today will be a quiet day as the bond market will be closed for Columbus Day Observances. Covid-19 Update With Latest Data From Friday  Total Cases 7,727,630 from 7,566,106 Recovered: 3,075,077 from 3,021,252 Deaths 206,597 from 204,566 Tests 943,645 from 1,030,766 Daily Deaths 986 from 975 Current Hospitalizations 34,028 from 32,124 source COVID tracking project 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:  Mixed Shelf Offerings:  DEI PLYA RCEL of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. News After The Close: Airbus increased deliveries but no new sales. (Reuters) AstraZeneca (AZN) sees the U.S. Government to invest $486 million supply of its monoclonal antibody product. PG&E (PCG) files incident report with the California Public Utilities Commission related to fire in Shasta County. President Trump held a rally at The White House and spoke for 18 minutes. Barron’s + on CAT ETN ROK PWR AB WKHS. Dividend Increase: AON…

CAPIS Morning Note – 10/9/20: Earnings Season Begins Next Week, Get Ready!

Morning Note

Morning Note

posted by CAPIS on 10/09/2020 at 7:46 am
by CAPIS on 10/09/2020

Breaking News:  Market Tone: Stocks rebounded nicely yesterday and continue higher but is still below its September peak by 161 points. Earnings season kick off next week (see earnings section). Monday will be a quiet day as the bond market will be closed Columbus Day Observances. Covid-19 Update With Latest Data From Thursday  Total Cases 7,566,106 from 7,511,236 Recovered: 3,021,252 from 2,999,895 Deaths 204,566 from 203,591 Tests 1,030,766 from 850,784 Deaths 975 from 916 Current Hospitalizations 32,124 source COVID tracking project 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: SRNE Mixed Shelf Offerings:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. News After The Close: Gap Stores (GPS) names Nancy Green as President and CEO of Old Navy. Apple (AAPL) extends Apple TV+ free trials for three months. Spirit (SAVE) issue warrant to U.S. Treasury in exchange for PSP support. Axios states that Trump wants a “big deal” on stimulus which conflicts this morning’s story from The Washington Post. Dividend Increase: KBH Dividend Suspended:  Reinstates…

Breaking News:  Market Tone: Stocks rebounded nicely yesterday and continue higher but is still below its September peak by 161 points. Earnings season kick off next week (see earnings section). Monday will be a quiet day as the bond market will be closed Columbus Day Observances. Covid-19 Update With Latest Data From Thursday  Total Cases 7,566,106 from 7,511,236 Recovered: 3,021,252 from 2,999,895 Deaths 204,566 from 203,591 Tests 1,030,766 from 850,784 Deaths 975 from 916 Current Hospitalizations 32,124 source COVID tracking project 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: SRNE Mixed Shelf Offerings:  None of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. News After The Close: Gap Stores (GPS) names Nancy Green as President and CEO of Old Navy. Apple (AAPL) extends Apple TV+ free trials for three months. Spirit (SAVE) issue warrant to U.S. Treasury in exchange for PSP support. Axios states that Trump wants a “big deal” on stimulus which conflicts this morning’s story from The Washington Post. Dividend Increase: KBH Dividend Suspended:  Reinstates…

CAPIS Morning Note – October 8th: Stocks Higher, Trump Say We Will Have Stimulus And Debate Hangover

Morning Note

Morning Note

posted by CAPIS on 10/08/2020 at 7:46 am
by CAPIS on 10/08/2020

Breaking News: The next presidential debate in Miami on October 15th will be remote due to President Trump’s condition. President Trump says he will not participate in a virtual debate. Instead will hold a rally. Market Tone: Stocks rebounded nicely yesterday but is still below its September peak by 161 points. Covid-19 Update With Latest Data From Wednesday  Total Cases 7,511,236 from 7,460,634 Recovered: 2,999,895 from 2,952,390 Deaths 203,591 from 202,675 New Cases 50,602 from 38,696 Tests 850,784 from 815,372 Deaths 916 from 741 Current Hospitalizations 32,124 from 31,346 source COVID tracking project Capital Raises IPOs Priced: AZIYO Biologics (AZYO) priced at $17 with range of $16 to $18. Secondaries Priced:  NSTG  SWTX FUBO of note. Notes Priced of note: None of note. Common Stock filings:  LAND GLYC  of note. Selling Shareholders of note: NCNO Mixed Shelf Offerings: VLRS of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: RGP (+0.09) of note. Misses: None of note. News After The Close: ICF International (ICFI) wins two contracts from HHS up to $125 million. Costco (COST) saw September Sales rise 16.9%. Federal Reserve announces enforcement action against Citigroup (C) for gaps in…

Breaking News: The next presidential debate in Miami on October 15th will be remote due to President Trump’s condition. President Trump says he will not participate in a virtual debate. Instead will hold a rally. Market Tone: Stocks rebounded nicely yesterday but is still below its September peak by 161 points. Covid-19 Update With Latest Data From Wednesday  Total Cases 7,511,236 from 7,460,634 Recovered: 2,999,895 from 2,952,390 Deaths 203,591 from 202,675 New Cases 50,602 from 38,696 Tests 850,784 from 815,372 Deaths 916 from 741 Current Hospitalizations 32,124 from 31,346 source COVID tracking project Capital Raises IPOs Priced: AZIYO Biologics (AZYO) priced at $17 with range of $16 to $18. Secondaries Priced:  NSTG  SWTX FUBO of note. Notes Priced of note: None of note. Common Stock filings:  LAND GLYC  of note. Selling Shareholders of note: NCNO Mixed Shelf Offerings: VLRS of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: RGP (+0.09) of note. Misses: None of note. News After The Close: ICF International (ICFI) wins two contracts from HHS up to $125 million. Costco (COST) saw September Sales rise 16.9%. Federal Reserve announces enforcement action against Citigroup (C) for gaps in…

CAPIS Morning Note – 10/7/20: Stocks Rebound After First Tweeter Does A “Do Over”

Morning Note

Morning Note

posted by CAPIS on 10/07/2020 at 7:36 am
by CAPIS on 10/07/2020

Hint On Using the Morning Note: Do you ever want to go back in time and look at what happened on a particular day? Well you can with our Morning Note as the history of each note is posted on the Capis website along with the lead headline. Here is the link to that area of the website, capis.com/morning-note. Enjoy. Breaking News: Chief of Staff Mark Meadows not optimistic on a stimulus deal but can do individual bills. (Fox News) Market Tone: Stocks are rebounding from Tuesday late selloff caused by a series of tweets by President Trump (First Tweeter). This morning the president is trying to walk back those tweets. See Meadows comments above. Covid-19 Update With Latest Data From Tuesday  Total Cases 7,460,634 from 7,421,943 Recovered: 2,952,390 from 2,935,1421 Deaths 202,675 from 202,040 New Cases 38,696 from 38,103 Tests 815,372 from 929,827 Deaths 741 Current Hospitalizations 31,346 from 29,942 source COVID tracking project Capital Raises IPOs Priced: None of note. Secondaries Priced: CLSK DKNG of note. Notes Priced of note: None of note. Common Stock filings:  NSTG SWTX MREO GH CLSK  of note. Selling Shareholders of note: LINC Mixed Shelf Offerings: BEN of note. Convertible Offering Files: FVRR of note. Senior Notes…

Hint On Using the Morning Note: Do you ever want to go back in time and look at what happened on a particular day? Well you can with our Morning Note as the history of each note is posted on the Capis website along with the lead headline. Here is the link to that area of the website, capis.com/morning-note. Enjoy. Breaking News: Chief of Staff Mark Meadows not optimistic on a stimulus deal but can do individual bills. (Fox News) Market Tone: Stocks are rebounding from Tuesday late selloff caused by a series of tweets by President Trump (First Tweeter). This morning the president is trying to walk back those tweets. See Meadows comments above. Covid-19 Update With Latest Data From Tuesday  Total Cases 7,460,634 from 7,421,943 Recovered: 2,952,390 from 2,935,1421 Deaths 202,675 from 202,040 New Cases 38,696 from 38,103 Tests 815,372 from 929,827 Deaths 741 Current Hospitalizations 31,346 from 29,942 source COVID tracking project Capital Raises IPOs Priced: None of note. Secondaries Priced: CLSK DKNG of note. Notes Priced of note: None of note. Common Stock filings:  NSTG SWTX MREO GH CLSK  of note. Selling Shareholders of note: LINC Mixed Shelf Offerings: BEN of note. Convertible Offering Files: FVRR of note. Senior Notes…

CAPIS Morning Note – 10/6/20 Pelosi and Mnuchin Continue To Talk But No Results, Futures Turn Positive

Morning Note

Morning Note

posted by CAPIS on 10/06/2020 at 7:35 am
by CAPIS on 10/06/2020

Covid-19 Update With Latest Data From Friday  Total Cases 7,421,943 from 7,383,499 Recovered: 2,935,1421 from 2,911,699 Deaths 202,040 from 201,712 New Cases 38,103 from 38,267 Tests 929,827 from 934,726 Deaths 741 from 740 Current Hospitalizations 29,942 source COVID tracking project 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: NCNO Mixed Shelf Offerings: SMMT of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. Hourly Action – We continue with volatile action. Updated 10/2 close. News After The Close: AT&T (T) moves Dune to October 1,2021 release. Country Fresh extends their recall, impacts Grocers. Index Changes: VNT added to S&P 500 on 10/9. Apple (AAPL) to stop selling headphones  and wireless speakers from rivals. (AYX) names new CEO  and guides higher. Supreme Court upheld South Carolina requiring witnesses to absentee ballots going forward but not retro. Also, the court noted they will adhere to existing election voting laws. Justics Cavanaugh wrote the opinion. Dr. Fauci was interviewed last night on CNN with Chris Cuomo and noted that president…

Covid-19 Update With Latest Data From Friday  Total Cases 7,421,943 from 7,383,499 Recovered: 2,935,1421 from 2,911,699 Deaths 202,040 from 201,712 New Cases 38,103 from 38,267 Tests 929,827 from 934,726 Deaths 741 from 740 Current Hospitalizations 29,942 source COVID tracking project 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: NCNO Mixed Shelf Offerings: SMMT of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. Hourly Action – We continue with volatile action. Updated 10/2 close. News After The Close: AT&T (T) moves Dune to October 1,2021 release. Country Fresh extends their recall, impacts Grocers. Index Changes: VNT added to S&P 500 on 10/9. Apple (AAPL) to stop selling headphones  and wireless speakers from rivals. (AYX) names new CEO  and guides higher. Supreme Court upheld South Carolina requiring witnesses to absentee ballots going forward but not retro. Also, the court noted they will adhere to existing election voting laws. Justics Cavanaugh wrote the opinion. Dr. Fauci was interviewed last night on CNN with Chris Cuomo and noted that president…

CAPIS Morning Note – 10/5/20: Futures Start The Week Positive

Morning Note

Morning Note

posted by CAPIS on 10/05/2020 at 8:05 am
by CAPIS on 10/05/2020

Covid-19 Update With Latest Data From Friday  Total Cases 7,383,499 from 7,244,316 Recovered: 2,911,699 from 2,860,650 Deaths 201,712 from199,776 New Cases 38,267 from 45,694 Tests 934,726 from 899,458 Deaths 740 from 847 Current Hospitalizations 29,942 from 30,742 source COVID tracking project Capital Raises IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings: DCP DKNG of note. Selling Shareholders of note: DKNG Mixed Shelf Offerings:  DCP AGRX of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. Hourly Action – We continue with volatile action. Updated 10/2 close. News After The Close: Johnson & Johnson (JNJ) CEO says vaccine not likely until new year. President Trump was taken to Walter Reed hospital on Friday afternoon and remains there today. Medical doctors administered oxygen to the president as his oxygen levels fell. He is being treated with a variety of drugs. Ratings agency affirms Germany, France and Poland with outlook stable. MGM and Universal (CMCSA) delay release of latest  James Bond movie, No Time To Die. Visteon (VC) approves restructuring plan with job cuts as they file…

Covid-19 Update With Latest Data From Friday  Total Cases 7,383,499 from 7,244,316 Recovered: 2,911,699 from 2,860,650 Deaths 201,712 from199,776 New Cases 38,267 from 45,694 Tests 934,726 from 899,458 Deaths 740 from 847 Current Hospitalizations 29,942 from 30,742 source COVID tracking project Capital Raises IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings: DCP DKNG of note. Selling Shareholders of note: DKNG Mixed Shelf Offerings:  DCP AGRX of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. Hourly Action – We continue with volatile action. Updated 10/2 close. News After The Close: Johnson & Johnson (JNJ) CEO says vaccine not likely until new year. President Trump was taken to Walter Reed hospital on Friday afternoon and remains there today. Medical doctors administered oxygen to the president as his oxygen levels fell. He is being treated with a variety of drugs. Ratings agency affirms Germany, France and Poland with outlook stable. MGM and Universal (CMCSA) delay release of latest  James Bond movie, No Time To Die. Visteon (VC) approves restructuring plan with job cuts as they file…

CAPIS Morning Note- October 2, 2020: President Trump and First Lady Melania Trump Test Positive For Covid-19

Morning Note

Morning Note

posted by CAPIS on 10/02/2020 at 7:35 am
by CAPIS on 10/02/2020

The Only Story – President Trump and the First Lady have tested positive for Covid-19 and are now quarantined in the residences of the White House. Covid-19 Update With Latest Data From Thursday  Total Cases 7,244,316 from 7,198,589 Recovered: 2,860,650 from 2,840,688 Deaths 199,776 from 198,929 New Cases 45,694 from 44,431 Tests 899,458 from 784,478 Deaths 847 from 1,061 Current Hospitalizations 30,742 from 30.876 source COVID tracking project Capital Raises IPOs Priced:  Academy Sports + Outdoors (ASO) priced at $13 with range of $15 to $17. Oncorus (ONCR) priced at $15 range was $14 to $16.  C4 Therapeutics (CCCC) priced at $19 with range of $16 to $18.  Secondaries Priced:  OMI ARQT  of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note:  Mixed Shelf Offerings: WASH of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: SGH +0.03 of note. Misses: None of note. Hourly Action – We continue with volatile action. Updated 10/1 close. News After The Close: Roblox to go public in early 2021. AMC Entertainment (AMC) opens 23 more theatres. Activision Blizzard (ATVI) delays release of World of Warcraft: Shadowlands. Amazon…

The Only Story – President Trump and the First Lady have tested positive for Covid-19 and are now quarantined in the residences of the White House. Covid-19 Update With Latest Data From Thursday  Total Cases 7,244,316 from 7,198,589 Recovered: 2,860,650 from 2,840,688 Deaths 199,776 from 198,929 New Cases 45,694 from 44,431 Tests 899,458 from 784,478 Deaths 847 from 1,061 Current Hospitalizations 30,742 from 30.876 source COVID tracking project Capital Raises IPOs Priced:  Academy Sports + Outdoors (ASO) priced at $13 with range of $15 to $17. Oncorus (ONCR) priced at $15 range was $14 to $16.  C4 Therapeutics (CCCC) priced at $19 with range of $16 to $18.  Secondaries Priced:  OMI ARQT  of note. Notes Priced of note: None of note. Common Stock filings: None of note. Selling Shareholders of note:  Mixed Shelf Offerings: WASH of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: SGH +0.03 of note. Misses: None of note. Hourly Action – We continue with volatile action. Updated 10/1 close. News After The Close: Roblox to go public in early 2021. AMC Entertainment (AMC) opens 23 more theatres. Activision Blizzard (ATVI) delays release of World of Warcraft: Shadowlands. Amazon…

CAPIS Morning Note – October 1, 2020: Futures Higher As Rebound Continues

Morning Note

Morning Note

posted by CAPIS on 10/01/2020 at 7:22 am
by CAPIS on 10/01/2020

Correction Review – This morning we look at one of my favorite indicators RSI. The traditional RSI is 14 days and we use a 6 day to determine overbought and oversold. Recently we dipped under 30 and now have cleared that level. That gives us confidence the worst is over in the recent weakness. Covid-19 Update With Latest Data From Friday  Total Cases 7,198,589 from 7,154,198 Recovered: 2,840,688 from 2,813,305 Deaths 198,929 from 197,868 New Cases 44,431 from 36,947 Tests 784,478 from 812,773 Deaths 1,061 from 739 Current Hospitalizations 30.876 from 30,391 source COVID tracking project Capital Raises IPOs Priced:  Mission Produce (AVO) priced at $12 below range of $15 to $17. Pulmonx (LUNG) priced at $19 above range of $17 to $18. Secondaries Priced: IMXI  SUI BEAM PAR LAD NNDM of note. Notes Priced of note: None of note. Common Stock filings: LOGC of note. Selling Shareholders of note:  Mixed Shelf Offerings: None of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. Hourly Action – We continue with volatile action. Updated 9/30 close. News After The Close: Federal Reserve to extend measures to ensure large banks maintain…

Correction Review – This morning we look at one of my favorite indicators RSI. The traditional RSI is 14 days and we use a 6 day to determine overbought and oversold. Recently we dipped under 30 and now have cleared that level. That gives us confidence the worst is over in the recent weakness. Covid-19 Update With Latest Data From Friday  Total Cases 7,198,589 from 7,154,198 Recovered: 2,840,688 from 2,813,305 Deaths 198,929 from 197,868 New Cases 44,431 from 36,947 Tests 784,478 from 812,773 Deaths 1,061 from 739 Current Hospitalizations 30.876 from 30,391 source COVID tracking project Capital Raises IPOs Priced:  Mission Produce (AVO) priced at $12 below range of $15 to $17. Pulmonx (LUNG) priced at $19 above range of $17 to $18. Secondaries Priced: IMXI  SUI BEAM PAR LAD NNDM of note. Notes Priced of note: None of note. Common Stock filings: LOGC of note. Selling Shareholders of note:  Mixed Shelf Offerings: None of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. Hourly Action – We continue with volatile action. Updated 9/30 close. News After The Close: Federal Reserve to extend measures to ensure large banks maintain…

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