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Covid-19 Update With Latest Data From Wednesday  Total Cases 6,897,596 Recovered: 2,670,256 Deaths 193,912 Cases reported 38,204 Tests 842,963 Deaths 1,138 Hospitalizations 29,915 source COVID tracking project Capital Raises IPOs Priced: Secondaries Priced:  ADCT ACEL of note. Notes Priced of note:  ZGNX of note. Common Stock filings:  PENN 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: JEF +0.73, FUL +0.06 of note. Misses: None of note. Hourly Action – More hours are negative with the corrective action last week and so far this week. Updated 9/23 close. News After The Close: New York Times (NYT) Chairman Arthur Ochs Sulzberger to retire and A.G. Sulzberger to become Chairman. President Trump refused to acknowledge that he would transfer power if he lost the election. American Water Works (AWW) wins $770 million Defense Logistics Agency contract.  Raymond James (RJF) sees client assets up 15% year over year to almost $1 trillion. Dividend Increase: NRZ Reinstates Buybacks: JEF DLTR Guides Higher: FUL Stock Split: What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. S&P 500 -20  Dow Jones Industrial…

Thought of the Day- The S&P 500 dropped its fourth day in a row. It is the longest drop since the March low. The prior record was three down days in a row on the S&P 500. Covid-19 Update With Latest Data From Friday & Monday Total Cases 6,810,128 from 6,641,341 Recovered: 2,615,949 from 2,540,334 Deaths 191,920 from 189,665 Cases reported 39,467 from 37,291 Tests 719,685 from 897,096 Deaths 901 from 324 Hospitalizations 29,501 from 28,615 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: ADCT KC ACEL UTZ of note. Selling Shareholders of note: ADCT KC ACEL UTZ. Mixed Shelf Offerings: EHC TPIC of note. Convertible Offering Files:OMCL SEDGof note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. Hourly Action–  . Updated 9/17 close. News After The Close: Federal Reserve Chairman Powell releases testimony before Committee Parsons (PSN) gets three task orders totaling $69 million from Air Force.on Financial Services, U.S. House of Representatives on 9/22/20 Index Changes: Fulgent Genetics (FLGT) to join S&P 600 effective open on 9/25. U.K. Covid-19 Alert is raised to 4 from 3.…

Breaking News: We Chat and TikTok to be restricted by Commerce Department from downloads on 9/21 and then prohibited from use 11/12. (NYT) Covid-19 Update With Latest Data From Wednesday  Total Cases 6,641,341 from 6,597,783 Recovered: 2,540,334 from 2,525,573 Deaths 189,665 from 188,802 Cases reported 43,558 from 40,021 Tests 835,868 from 671,243 Deaths 863 from 1,202 Hospitalizations 29,900 from 30,278 source COVID tracking project Capital Raises IPOs Priced: Unity Software (U) priced at $52 above range of $44 to $48.  Secondaries Priced: ONEW EPRT  of note. Notes Priced of note:  None of note. Common Stock filings: EPRT of note. Selling Shareholders of note CELH. Mixed Shelf Offerings:  None of note. Convertible Offering Files: MCS of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: None of note. Misses: None of note. Hourly Action – More hours are negative with the corrective action last week and so far this week. Updated 9/17 close. News After The Close: MGM Resorts (MGM) unit BetMGM is now an official betting partner with the Oakland Raiders. Federal Judge blocks U.S. Postal Service from making changes to delay mail. Federal Reserve releases scenarios for a second test of bank stress tests. Kinross Gold (KGC) sees production up by 20% in…

Covid-19 Update With Latest Data From Monday  Total Cases 6,557,762 from 6,518,306 Recovered: 2,495,127 from 2,474,570 Deaths 187,600 from 186,548 Cases reported 35,445 from 28,853 Tests 679,505 from 742,504 Deaths 1,031 from 810 Hospitalizations 30,327 from  29,867 source COVID tracking project Capital Raises IPOs Priced: Snowflake (SNOW) priced at $120 a share above range of $100 to $110. StepStone Group  (STEP) priced at $18 a share above range of $15 to $17. JFrog (FROG) prices at $44 a share $33 to $37. Secondaries Priced: SHOP of note. Notes Priced of note: MDLA of note. Common Stock filings: NEE of note. Selling Shareholders SYNH ADT Mixed Shelf Offerings: None of note. Convertible Offering Files:  SHOP of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: FDX +2.15, ADBE +0.16  of note. Misses: None of note. Hourly Action – More hours are negative with the corrective action last week and so far this week. News After The Close: Kohl’s (KSS) reiterates that 15% of corporate jobs will be cut. Alphabet (GOOGL) releases Google Meet Series One, the Zoom killer. AMC Networks (AMCX) starts modified Dutch auction to tender $250 million of Class A Shares, names James L. Dolan as Non-Executive Chairman. Spotify…

Quick Comments: Today sees three major deals. Tomorrow sees the FOMC begin a two day meeting and Friday sees a Quadruple witching. Could be a volatile week. Covid-19 Update With Latest Data From Over The Weekend  Total Cases 6,487,751 from 6,366,986 Recovered: 2,451,406 from 2,387,479 Deaths 186,162 from 182,779 Cases reported 38,543 from 37,581 Tests 733,719 from 614,042 Deaths 1,018 from 1,170 Hospitalizations 29,816 from 32,419 source COVID tracking project Capital Raises IPOs Filed: Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings: 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: None of note. Misses: None of note. Hourly Action – More hours are negative with the corrective action last week. News After The Close: FAA to begin training review for the Boeing (BA) 737 MAX in London on Monday. Xerox (XRX) CFO William Osbourn to leave and the company names Xavier Heiss as interim CFO. AstraZenca (AZN) resumes Covid-19 vaccine trial. BioNTech (BNTX) and Pfizer (PFE) expand Covid-19 vaccine trial. Barron’s is + on CROX GM TSLA ZM PTON  ETSY FSLY MSFT. What’s Happening This Morning: Futures value reflects the change with fair value.…

Covid-19 Update With Latest Data From Wednesday  Total Cases 6,329,405 from 6,298,422 Recovered: 2,387,479 from 2,359,111 Deaths 182,779 from 181,690 Cases reported 30,983 from 22,219 Tests 584,412 from 508,706 Deaths 1,089 from 918 Hospitalizations 32,263 source COVID tracking project Capital Raises IPOs Filed: Secondaries Priced: FRC ALBO PRPL  of note. Notes Priced of note: None of note. Common Stock filings: ITCI TRIL QTNT IIIV SPRO RPAY of note, Selling Shareholder PRPL ICE. Mixed Shelf Offerings: None of note. Convertible Offering Files: CSIQ RNG of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: RH +1.56, VRNT +0.37, AVAV +0.05, BIGC +0.05, NCNO +0.04, ZS +0.02 of note. Misses: GME (0.26) of note. Flat: DSGX Hourly Action – More hours are positive than negative despite the corrective action the last week. News After The Close: Marie Myers takes over as Acting CFO at Hewlett Packard (HPQ). David Nord to step down s CEO of Hubbell (HUBB) and will be replaced by Gerben Bakker. The Washington Post releases snippets from Rage by Bob Woodward and President Trump responds to questions about downplaying cornonvirus. U.S. to end screening of incoming international passengers at U.S. airports. Tiffany (TIF) sues LVMH over backing out of sale. J.C. Penney (JCP) gets…

Quick Thoughts: Colorado is getting hit with an early snowstorm. Investors have turned cold to tech stocks. After five straight up months we were due for some weakness. Expect more liquidity as players return from summer vacations. Covid-19 Update With Latest Data From Last Wednesday  Total Cases 6,275,874 from 6,072,291 Recovered: 2,333,551 from 2,231,757 Deaths 181,328 from 177,645 Cases reported 28,628 from 30,409 Tests 586,476 from 644,842 Deaths 915 from 1,021 Hospitalizations 32,002 from 35,569 source COVID tracking project Capital Raises IPOs Filed: Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings:  Selling Shareholders NEON TTWO RIG of note. Mixed Shelf Offerings:  GNUS GERN  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. Flat:  News After The Close: Index Changes: ETSY TER CTLT move to S&P 500, WING MEDP FOXF JAZZ move to S&P 400. Tesla (TSLA) falls Friday after close as not named to the S&P 500. Finland credit rating affirmed by major ratings firm, stays at AA+/A-1+. Churchill Downs (CHDN) reports that bets on the Kentucky Derby were $126 million down from $250.9 in 2019. Barron’s + on TM SNE…

Fun Fact: Michael Jordan buys a stake into Draft Kings (DKNG). Jordan has been known to love a good bet and clearly loves the company to take a stake here. Covid-19 Update With Latest Data  Total Cases 6,041,860 Recovered: 2,202,663 Deaths 176,624 Cases reported 42,401 from 44,264 Tests 698,161 from 749,427 Deaths 1,022 from 1,129 Hospitalizations 35,269 from 37,464 source COVID tracking project Capital Raises IPOs Filed: Secondaries Priced: None of note. Notes Priced of note:  BB of note. Common Stock filings: HLNE TBPH of note. Mixed Shelf Offerings: PRIM of note. Convertible Offering Files: None of note. Senior Notes Filed: None of note. Earnings After The Close: Beats: CAL +0.45, HRB +0.22, HOME +0.10, SCVL +0.09  of note. Misses: None of note. Flat:  News After The Close: AMC Entertainment (AMC) to open another 140 locations this weekend. Oak Street Health (OSH) to announce collaboration with Walmart (WMT) to offer clinics in Dallas Fort Worth area. AT&T (T) to not sell Warner Brothers Video Game unit. White House halts evictions through year end with certain qualifiers. General Motors (GM) to meet with Ivanka Trump on 9/2. Raises Guidance: Stock Repurchase Announcement: 10-K Delays: AZPN What’s Happening This Morning: Futures value reflects the change with fair value.…

Fun Fact: If the S&P 500 is higher today it will be higher 18 of the last 19 Mondays, quite impressive. Covid-19 Update With Latest Data (No Update Over Weekend) Cases reported 44,264 Tests 749,427 Positivity Rate 5.91% Deaths 1,129 Hospitalizations 37,464 Mortality Rate at 2.96% no change source COVID tracking project Capital Raises IPOs Filed: GoodRx files to go public.  Secondaries Priced: NIO of note. Notes Priced of note:  None of note. Common Stock filings:  HLI FREQ AVYA of note, AMC (selling shareholders). Mixed Shelf Offerings: CYAD ABUS ASMB TRN RPAY of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Courtesy of IPO Financial Hourly Action – 8/27 Close – Mixed week continues. Earnings After The Close: Beats: None of note. Misses: None of note. Flat:  News After The Close: AT&T (T) looks to sell DirecTV wiht potential bidders to include Apollo Global Mgmt (APO). Apple (AAPL) suspends Epic Games’ developer account. Pinterest (PINS) terminates lease for office near its San Francisco headquarters. New bidders for TikTok assets Centricus Asset Mgmt and Triller offer $20 billion. Abbott Labs (ABT) wins $760 million contract from the US Defense Logistics Agency on its rapid  antigen test for Covid -19. In Barron’s over the…

Breaking News:  Covid-19 Update With Latest Data Cases reported 43,140 from  36,679 Tests 674,792 from 634,461 Positivity Rate 6.39% from 5.78% Deaths 1,249 from 1,147 Hospitalizations 38,411 from 38,762 Mortality Rate at 2.96% no change source COVID tracking project Capital Raises IPOs Priced: Xpeng (XPEV) price IPO at $15 a share up from $11 to $13. Secondaries Priced: AEYE of note. Notes Priced of note:  FBIO LRN of note. Common Stock filings:  ODT  AEYE of note. Mixed Shelf Offerings: FBMS of note. Convertible Offering Files:  None of note. Senior Notes Filed: None of note. Courtesy of IPO Financial Hourly Action – 8/26 Close – Do not be a seller in the last hour! Earnings After The Close: Beats: WSM +0.81, NTAP +0.32, ESTC +0.24, BILI +0.15, BOX +0.13, LCI +0.04, SMTC +0.01, SPLK +0.01 of note. Misses: None of note. Flat: GEF News After The Close: Carnival (CCL) announces that Princess Cruises extend pause in cruise operations in Australia and New Zealand through 12/12. White House working on a $500 billion stimulus bill, likely to be dead on arrival. Milwaukee Bucks protest NBA playoff game against Orlando Magic by not taking the court, two other games cancelled as well. Protest over shooting of…