Morning Note

399 total posts

CAPIS Morning Note – 8/6/20 Futures Negative But Off Lows On Better Jobless Claims

Morning Note

Morning Note

posted by CAPIS on 08/06/2020 at 6:03 am
by CAPIS on 08/06/2020

Covid-19 Update With Wednesday Data Cases reported 51,825 from 51, 568 Tests 664,219 from 695,586 Positivity Rate 7.80% from 7.41% Deaths 1,176 from 519 Hospitalizations 53,297 from 53,161 Mortality Rate 3.13% from 3.14% source COVID tracking project Chart of the Week: The U.S. Dollar remains in a downtrend. Many are calling for a bottom. IPOs Priced: Acutus Medical (AFIB) priced at $18  which is on high end of $16 to $18 range. Rocket Companies (RKT) priced at $18 with range of $20 to $22. Oak Street health priced at $21 weith range of $15 to $17. Secondaries Priced:  AVLR TWOU SLP SPCE APRN of note. Notes Priced of note: None of note. Common Stock filings: HZNP STRA TWOU APRN TWLO W AJX of note. Mixed Shelf Offerings:  GBT PXD STRA COP MAC  of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: UHAL +2.69, BLUE +2.16, ECPG +2.04, SUN +1.22, CPA +1.20, BFAM +1.02, CWH +1.01, LHCG +0.44, RE +0.42, NVRO +0.41, ANSS +0.39, ARNA +0.39, PLUS +0.38, ETSY +0.36, PRI +0.36, HI +0.35, JACK +0.34, PDCE +0.34, DLPH +0.31, ENDP +0.31, CF +0.29, GBT +0.28, CCMP +0.26, PAAS +0.26, RMD…

Covid-19 Update With Wednesday Data Cases reported 51,825 from 51, 568 Tests 664,219 from 695,586 Positivity Rate 7.80% from 7.41% Deaths 1,176 from 519 Hospitalizations 53,297 from 53,161 Mortality Rate 3.13% from 3.14% source COVID tracking project Chart of the Week: The U.S. Dollar remains in a downtrend. Many are calling for a bottom. IPOs Priced: Acutus Medical (AFIB) priced at $18  which is on high end of $16 to $18 range. Rocket Companies (RKT) priced at $18 with range of $20 to $22. Oak Street health priced at $21 weith range of $15 to $17. Secondaries Priced:  AVLR TWOU SLP SPCE APRN of note. Notes Priced of note: None of note. Common Stock filings: HZNP STRA TWOU APRN TWLO W AJX of note. Mixed Shelf Offerings:  GBT PXD STRA COP MAC  of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: UHAL +2.69, BLUE +2.16, ECPG +2.04, SUN +1.22, CPA +1.20, BFAM +1.02, CWH +1.01, LHCG +0.44, RE +0.42, NVRO +0.41, ANSS +0.39, ARNA +0.39, PLUS +0.38, ETSY +0.36, PRI +0.36, HI +0.35, JACK +0.34, PDCE +0.34, DLPH +0.31, ENDP +0.31, CF +0.29, GBT +0.28, CCMP +0.26, PAAS +0.26, RMD…

CAPIS Morning Note -8/5/20 Futures Stronger At Mid Week, Stimulus Talks Continue

Morning Note

Morning Note

posted by CAPIS on 08/05/2020 at 6:24 am
by CAPIS on 08/05/2020

Covid-19 Update With Tuesday Data Cases reported 51, 568 from 49,561 Tests 695,586 from 731,690 Positivity Rate 7.41% from 6.77% Deaths 1,176 from 519 Hospitalizations 53,161 from 53,289 Mortality Rate 3.14% from 3.15% source COVID tracking project IPOs Priced: Rackspace Technology (RXT) priced IPO at $21 a share at low end of range $21 to $24. BigCommerce (BIGC) prices IPO at $24 above range of $18 to $20. Secondaries Priced:  VCYT KNSL IMUX  of note. Notes Priced of note: None of note. Common Stock filings: AVLR  of note. Mixed Shelf Offerings:  of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: RGA +2.21, ALL +0.84, AIZ +0.78, DIS +0.72, JAZZ +0.60, FNF +0.38, COHR +0.31, CNO +0.28, ENTA +0.25, LPSN +0.24, CMP +0.22, ETH +0.22, MDU +0.21, KAR +0.19, LMNX +0.19, TX +0.19, INGN +0.18, ICFI +0.17, TWLO +0.17, ATVI +0.16, CDK +0.16, ANET +0.16, ACHC +0.15, MRCY +0.15, AVLR +0.14, LOPE +0.14, PRU +0.13, EQH +0.13, BMRN +0.13, BOOT +0.13, MCHP +0.12, NEWR +0.12, OEC +0.12, CORT +0.11, ACLS +0.11, GDOT +0.11, VRSK +0.10, MNST +0.10, MODN +0.09, WK +0.09, CDLX +0.09, TSLX +0.09, DVN +0.08, CDNA +0.08, GTES +0.07, ONTO…

Covid-19 Update With Tuesday Data Cases reported 51, 568 from 49,561 Tests 695,586 from 731,690 Positivity Rate 7.41% from 6.77% Deaths 1,176 from 519 Hospitalizations 53,161 from 53,289 Mortality Rate 3.14% from 3.15% source COVID tracking project IPOs Priced: Rackspace Technology (RXT) priced IPO at $21 a share at low end of range $21 to $24. BigCommerce (BIGC) prices IPO at $24 above range of $18 to $20. Secondaries Priced:  VCYT KNSL IMUX  of note. Notes Priced of note: None of note. Common Stock filings: AVLR  of note. Mixed Shelf Offerings:  of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: RGA +2.21, ALL +0.84, AIZ +0.78, DIS +0.72, JAZZ +0.60, FNF +0.38, COHR +0.31, CNO +0.28, ENTA +0.25, LPSN +0.24, CMP +0.22, ETH +0.22, MDU +0.21, KAR +0.19, LMNX +0.19, TX +0.19, INGN +0.18, ICFI +0.17, TWLO +0.17, ATVI +0.16, CDK +0.16, ANET +0.16, ACHC +0.15, MRCY +0.15, AVLR +0.14, LOPE +0.14, PRU +0.13, EQH +0.13, BMRN +0.13, BOOT +0.13, MCHP +0.12, NEWR +0.12, OEC +0.12, CORT +0.11, ACLS +0.11, GDOT +0.11, VRSK +0.10, MNST +0.10, MODN +0.09, WK +0.09, CDLX +0.09, TSLX +0.09, DVN +0.08, CDNA +0.08, GTES +0.07, ONTO…

CAPIS Morning Note – 8/4/20 Stocks Lower As China & U.S. Clash Grows

Morning Note

Morning Note

posted by CAPIS on 08/04/2020 at 6:00 am
by CAPIS on 08/04/2020

Covid-19 Update Cases reported 49,561 Tests 731,690 Positivity Rate 6.77% Deaths 519 53,289 hospitalizations Mortality Rate 3.15% source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: ACHV KNSL VCYT SITE IMUX SPCE VRNS  MIME  BMCH TPB AMK ARYO of note. Mixed Shelf Offerings: BA NTRS ICHR TPB of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: THC +1.97, DLB +0.59, NSP +0.45, SBAC +0.45, SYKE +0.42, NBIX +0.40, BMCH +0.35, WTS +0.35, STE +0.33, DOOR +0.32, KLAC +0.31, HLIO +0.28, RBC +0.28, SEDG +0.26, UGI +0.24, CRUS +0.23, CWST +0.23, ITRI +0.23, KMPR +0.23, VRNS +0.20, TREX +0.16, BRKR +0.16, PLOW +0.15, BWXT +0.15, TXRH +0.14, AIG +0.13, FANG +0.12, MOS +0.12, FBM +0.11, IR +0.11, ICHR +0.10, OTTR +0.10, PEN +0.09, LEG +0.09, HLIT +0.07, RRC +0.07, FIVN +0.06, FRPT +0.06, MIME +0.06, CHGG +0.05, O +0.04, VVV +0.04, VECO +0.04, RNG +0.04, CW +0.03, VNOM +0.03, KMT +0.03, BKH +0.01, INVH +0.01, WMB +0.01 of note. Flat:  AWR +0.00, BRX +0.00, NCMI +0.00, NEX +0.00 Misses:  HHC (0.53), VNO (0.43), TTWO (0.41), H (0.39), RMBS…

Covid-19 Update Cases reported 49,561 Tests 731,690 Positivity Rate 6.77% Deaths 519 53,289 hospitalizations Mortality Rate 3.15% source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: ACHV KNSL VCYT SITE IMUX SPCE VRNS  MIME  BMCH TPB AMK ARYO of note. Mixed Shelf Offerings: BA NTRS ICHR TPB of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: THC +1.97, DLB +0.59, NSP +0.45, SBAC +0.45, SYKE +0.42, NBIX +0.40, BMCH +0.35, WTS +0.35, STE +0.33, DOOR +0.32, KLAC +0.31, HLIO +0.28, RBC +0.28, SEDG +0.26, UGI +0.24, CRUS +0.23, CWST +0.23, ITRI +0.23, KMPR +0.23, VRNS +0.20, TREX +0.16, BRKR +0.16, PLOW +0.15, BWXT +0.15, TXRH +0.14, AIG +0.13, FANG +0.12, MOS +0.12, FBM +0.11, IR +0.11, ICHR +0.10, OTTR +0.10, PEN +0.09, LEG +0.09, HLIT +0.07, RRC +0.07, FIVN +0.06, FRPT +0.06, MIME +0.06, CHGG +0.05, O +0.04, VVV +0.04, VECO +0.04, RNG +0.04, CW +0.03, VNOM +0.03, KMT +0.03, BKH +0.01, INVH +0.01, WMB +0.01 of note. Flat:  AWR +0.00, BRX +0.00, NCMI +0.00, NEX +0.00 Misses:  HHC (0.53), VNO (0.43), TTWO (0.41), H (0.39), RMBS…

CAPIS Morning Note -8/3/20 Another Big Earnings Week Ahead, Futures Strong

Morning Note

Morning Note

posted by CAPIS on 08/02/2020 at 9:20 pm
by CAPIS on 08/02/2020

IPOs Priced: None of note. Secondaries Priced:  TLSA of note. Notes Priced of note: None of note. Common Stock filings:  ETON IMTX BPMC  TNAV of note. Mixed Shelf Offerings:   ADM  ESRT TNP VBIV  OTIS  STC  of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: BCC +0.39 of note. Flat:  Misses:    None of note. Hourly Tracking – Updated Through 7/31 News After The Close: Over the weekend both Lord & Taylor and Tailored Brands declared bankruptcy. Fitch reaffirms U.S. as AAA but takes outlook to negative from stable. Facebook (FB) settles facial recognition lawsuit and agrees to pay $650 million. Spirit Aerosystems (SPR) to reduce number of employees as 737 Max production remains slow. Microsoft (MSFT) looks to buy TikTok after discussions with President Trump. Dr. Birx on CNN noted the pandemic has entered a new phase. (CNN) Barron’s + on GLD NEM GOLD AAPL AMZN FB GOOGL HOG Raises Guidance Raised:  Lowers Guidance:  Raises Dividend: Cut Dividend: COF Stock Split Announcement:  Stock Buyback:  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 Average +133…

IPOs Priced: None of note. Secondaries Priced:  TLSA of note. Notes Priced of note: None of note. Common Stock filings:  ETON IMTX BPMC  TNAV of note. Mixed Shelf Offerings:   ADM  ESRT TNP VBIV  OTIS  STC  of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: BCC +0.39 of note. Flat:  Misses:    None of note. Hourly Tracking – Updated Through 7/31 News After The Close: Over the weekend both Lord & Taylor and Tailored Brands declared bankruptcy. Fitch reaffirms U.S. as AAA but takes outlook to negative from stable. Facebook (FB) settles facial recognition lawsuit and agrees to pay $650 million. Spirit Aerosystems (SPR) to reduce number of employees as 737 Max production remains slow. Microsoft (MSFT) looks to buy TikTok after discussions with President Trump. Dr. Birx on CNN noted the pandemic has entered a new phase. (CNN) Barron’s + on GLD NEM GOLD AAPL AMZN FB GOOGL HOG Raises Guidance Raised:  Lowers Guidance:  Raises Dividend: Cut Dividend: COF Stock Split Announcement:  Stock Buyback:  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 Average +133…

CAPIS Morning Note – 7/31/20 Hong Kong Delays Elections

Morning Note

Morning Note

posted by CAPIS on 07/31/2020 at 6:15 am
by CAPIS on 07/31/2020

Covid-19 Stats For Thursday: Reported Cases yesterday: 69,917 from 66,211 Tests 819,270 from 839,868 Positivity Rate: 8.53% from 7.88% Deaths 1,291 from 1,418 Current Hospitalizations 56,462 from 57,306 source COVID tracking project IPOs Priced: Vital Signs (VITL) priced at $22 with range of $15 to $17 of note. Vista Outdoor (VSTO) priced at $19 above range of $15.50 to $17.50. Secondaries Priced: TENB of note. Notes Priced of note: None of note. Common Stock filings:  None of note. Mixed Shelf Offerings:  RPM ELS of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: AMZN +8.68, RARE +2.03, GOOG +1.90, CACC +1.85, DECK +1.39, EBS +1.34, MTD +1.07, SSB +0.87, F +0.81, DLX +0.80, QDEL +0.77, DVA +0.65, HTH +0.59, TEX +0.56, VRTX +0.53, AAPL +0.51, HURN +0.49, BIO +0.46, SGEN +0.43, FB +0.42, SM +0.35, BLDR +0.32, SEM +0.31, BGS +0.31, WWE +0.30, FLS +0.25, BAND +0.22, INT +0.22, EA +0.22, ADSW +0.19, BEAT +0.19, SPXC +0.18, MGM +0.18, RDFN +0.16, MTZ +0.16, LOCO +0.15, HUBG +0.15, KNSL +0.15, ATR +0.14, FHI +0.14, XPO +0.14, NVST +0.13, NXGN +0.13, LPLA +0.13, X +0.12, CRY +0.12, BRKS +0.12, PFPT +0.12, COLM +0.11, GLPI +0.10,…

Covid-19 Stats For Thursday: Reported Cases yesterday: 69,917 from 66,211 Tests 819,270 from 839,868 Positivity Rate: 8.53% from 7.88% Deaths 1,291 from 1,418 Current Hospitalizations 56,462 from 57,306 source COVID tracking project IPOs Priced: Vital Signs (VITL) priced at $22 with range of $15 to $17 of note. Vista Outdoor (VSTO) priced at $19 above range of $15.50 to $17.50. Secondaries Priced: TENB of note. Notes Priced of note: None of note. Common Stock filings:  None of note. Mixed Shelf Offerings:  RPM ELS of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: AMZN +8.68, RARE +2.03, GOOG +1.90, CACC +1.85, DECK +1.39, EBS +1.34, MTD +1.07, SSB +0.87, F +0.81, DLX +0.80, QDEL +0.77, DVA +0.65, HTH +0.59, TEX +0.56, VRTX +0.53, AAPL +0.51, HURN +0.49, BIO +0.46, SGEN +0.43, FB +0.42, SM +0.35, BLDR +0.32, SEM +0.31, BGS +0.31, WWE +0.30, FLS +0.25, BAND +0.22, INT +0.22, EA +0.22, ADSW +0.19, BEAT +0.19, SPXC +0.18, MGM +0.18, RDFN +0.16, MTZ +0.16, LOCO +0.15, HUBG +0.15, KNSL +0.15, ATR +0.14, FHI +0.14, XPO +0.14, NVST +0.13, NXGN +0.13, LPLA +0.13, X +0.12, CRY +0.12, BRKS +0.12, PFPT +0.12, COLM +0.11, GLPI +0.10,…

CAPIS Morning Note – 7/30/20 Q2 GDP Falls -32.50%, Biggest Drop Ever

Morning Note

Morning Note

posted by CAPIS on 07/30/2020 at 6:06 am
by CAPIS on 07/30/2020

Covid-19 Stats For Wednesday: Reported Cases yesterday: 66,2111 from 53,507 Tests 839,868 from 733,243 Positivity Rate: 7.88% from 7.30% Deaths 1,418 from 1,121 Current Hospitalizations 57,306 from 57,091 source COVID tracking project IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings: TENB SPPI WAB of note. Mixed Shelf Offerings:  None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: ORLY +3.00, URI +1.75, CNMD +0.88, LRCX +0.87, CXO +0.70, CHE +0.66, MGRC +0.52, SANM +0.52, MKSI +0.44, FICO +0.42, QRVO +0.37, HOLX +0.37, BLKB +0.35, ADM +0.34, FBHS +0.34, SCI +0.34, ASGN +0.33, LOGM +0.31, AR +0.29, UCTT +0.28, APA +0.27, RJF +0.26, AX +0.24, MMSI +0.24, CAKE +0.23, WERN +0.22, ACGL +0.21, SKY +0.21, NOW +0.21, MSA +0.19, PYPL +0.19, SFM +0.19, PTC +0.18, TYL +0.18, OIS +0.17, TTMI +0.17, QCOM +0.15, CHDN +0.13, CTSH +0.13, MTSI +0.12, WHD +0.12, YUMC +0.12, AMP +0.11, SRI +0.11, PS +0.10, WPX +0.10, CONE +0.10, MANT +0.09, MOBL +0.07, CGNX +0.07, OII +0.07, MEOH +0.06, SIMO +0.06, KLIC +0.06, TTEK +0.05, NLY +0.05, CDE +0.05, AVTR +0.05, MAA +0.04, AEGN +0.04, INOV +0.04, FTI +0.04, DORM +0.04, NGVT…

Covid-19 Stats For Wednesday: Reported Cases yesterday: 66,2111 from 53,507 Tests 839,868 from 733,243 Positivity Rate: 7.88% from 7.30% Deaths 1,418 from 1,121 Current Hospitalizations 57,306 from 57,091 source COVID tracking project IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note: None of note. Common Stock filings: TENB SPPI WAB of note. Mixed Shelf Offerings:  None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beats: ORLY +3.00, URI +1.75, CNMD +0.88, LRCX +0.87, CXO +0.70, CHE +0.66, MGRC +0.52, SANM +0.52, MKSI +0.44, FICO +0.42, QRVO +0.37, HOLX +0.37, BLKB +0.35, ADM +0.34, FBHS +0.34, SCI +0.34, ASGN +0.33, LOGM +0.31, AR +0.29, UCTT +0.28, APA +0.27, RJF +0.26, AX +0.24, MMSI +0.24, CAKE +0.23, WERN +0.22, ACGL +0.21, SKY +0.21, NOW +0.21, MSA +0.19, PYPL +0.19, SFM +0.19, PTC +0.18, TYL +0.18, OIS +0.17, TTMI +0.17, QCOM +0.15, CHDN +0.13, CTSH +0.13, MTSI +0.12, WHD +0.12, YUMC +0.12, AMP +0.11, SRI +0.11, PS +0.10, WPX +0.10, CONE +0.10, MANT +0.09, MOBL +0.07, CGNX +0.07, OII +0.07, MEOH +0.06, SIMO +0.06, KLIC +0.06, TTEK +0.05, NLY +0.05, CDE +0.05, AVTR +0.05, MAA +0.04, AEGN +0.04, INOV +0.04, FTI +0.04, DORM +0.04, NGVT…

CAPIS Morning Note – 7/29/20 FOMC Out At 2:00 P.M. EDT With Latest Release and 2:30 P.M. EDT Press Conference

Morning Note

Morning Note

posted by CAPIS on 07/29/2020 at 5:56 am
by CAPIS on 07/29/2020

Covid-19 Stats For Tuesday: Reported Cases yesterday: 53,507 from 55,134. Tests 733,243 from 760,840 Positivity Rate: 7.30% from 7.25% Deaths 1,121 from 1,059 Current Hospitalizations 57,091 from 59,023 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  TCRR BTAI ARCT  of note. Notes Priced of note: None of note. Common Stock filings: ARCT CALX of note. Mixed Shelf Offerings:  HFWA SHOP of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: CYH +1.68, RNR +1.33, UMBF +0.96, ENVA +0.76, PKI +0.74, AMED +0.53, DXCM +0.53, CSGP +0.53, BYD +0.52, AMGN +0.48, AXS +0.48, CHRW +0.45, THG +0.41, KAI +0.31, HP +0.31, PLT +0.31, TRMK +0.26, CE +0.25, CAR +0.24, ASH +0.23, AFL +0.23, SYX +0.23, AKAM +0.17, ATRC +0.16, WH +0.16, FCF +0.15, SSNC +0.14, OMCL +0.14, MRC +0.13, ACCO +0.12, MTDR +0.12, FEYE +0.11, SBUX +0.11, PKG +0.11, FTV +0.10, APAM +0.10, TENB +0.09, MPWR +0.08, IMAX +0.08, MDLZ +0.07, MASI +0.06, EGP +0.05, HIW +0.04, NCR +0.03, V +0.03, EBAY +0.02, EQR +0.02, LSCC +0.02, UNM +0.02, WRE +0.02, MXIM +0.02, AMD +0.01, JNPR +0.01, STAG +0.01 of note. Misses:  HA (0.39), BXP (0.22), OKE (0.19), CB (0.17), DENN (0.07), UDR (0.06), PEGA (0.06), NWE…

Covid-19 Stats For Tuesday: Reported Cases yesterday: 53,507 from 55,134. Tests 733,243 from 760,840 Positivity Rate: 7.30% from 7.25% Deaths 1,121 from 1,059 Current Hospitalizations 57,091 from 59,023 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  TCRR BTAI ARCT  of note. Notes Priced of note: None of note. Common Stock filings: ARCT CALX of note. Mixed Shelf Offerings:  HFWA SHOP of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: CYH +1.68, RNR +1.33, UMBF +0.96, ENVA +0.76, PKI +0.74, AMED +0.53, DXCM +0.53, CSGP +0.53, BYD +0.52, AMGN +0.48, AXS +0.48, CHRW +0.45, THG +0.41, KAI +0.31, HP +0.31, PLT +0.31, TRMK +0.26, CE +0.25, CAR +0.24, ASH +0.23, AFL +0.23, SYX +0.23, AKAM +0.17, ATRC +0.16, WH +0.16, FCF +0.15, SSNC +0.14, OMCL +0.14, MRC +0.13, ACCO +0.12, MTDR +0.12, FEYE +0.11, SBUX +0.11, PKG +0.11, FTV +0.10, APAM +0.10, TENB +0.09, MPWR +0.08, IMAX +0.08, MDLZ +0.07, MASI +0.06, EGP +0.05, HIW +0.04, NCR +0.03, V +0.03, EBAY +0.02, EQR +0.02, LSCC +0.02, UNM +0.02, WRE +0.02, MXIM +0.02, AMD +0.01, JNPR +0.01, STAG +0.01 of note. Misses:  HA (0.39), BXP (0.22), OKE (0.19), CB (0.17), DENN (0.07), UDR (0.06), PEGA (0.06), NWE…

CAPIS Morning Note -7/28/20 Stimulus Battle Ramps Up

Morning Note

Morning Note

posted by CAPIS on 07/28/2020 at 5:56 am
by CAPIS on 07/28/2020

Covid-19 Stats For Monday: Reported Cases yesterday: 55,134 from 61,713. Tests 760,840 from 855,811 Positivity Rate: 7.25% from 7.21% Deaths 1,059 from 558 Current Hospitalizations 59,023 from 58,614 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: ZNTL TXCRR CRMD IBKR NMRD of note. Mixed Shelf Offerings: TXT BTAI BCBP of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: UHS +2.28, AGNC +1.13, TNET +0.94, FIX +0.67, SSD +0.67, OMF +0.58, HTLF +0.37, JBT +0.35, MEDP +0.33, TBI +0.30, AMKR +0.25, CR +0.17, PFG +0.16, FFIV +0.15, CATY +0.10, HSTM +0.10, CINF +0.07, RNST +0.07, AJRD +0.06, BRO +0.06, OGS +0.06, QTS +0.03, TCF +0.02 of note. Misses: NXPI (1.63), JJSF (0.55), CRSP (0.32), HXL (0.14), NOV (0.10), EHC (0.03), VCRA (0.02), PCH (0.02), ARE (0.01) of note. Hourly Tracking -Will return tomorrow as we are doing an overhaul to it. News After The Close: Senate Minority Leader Schumer and House Speaker Pelosi met with Treasury Secretary Mnuchin and Chief of Staff Meadows at 6:00 p.m. EDT. Senate Majority Leader McConnell introduces GOP stimulus plan called the Heals Act cuts $600…

Covid-19 Stats For Monday: Reported Cases yesterday: 55,134 from 61,713. Tests 760,840 from 855,811 Positivity Rate: 7.25% from 7.21% Deaths 1,059 from 558 Current Hospitalizations 59,023 from 58,614 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: ZNTL TXCRR CRMD IBKR NMRD of note. Mixed Shelf Offerings: TXT BTAI BCBP of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: UHS +2.28, AGNC +1.13, TNET +0.94, FIX +0.67, SSD +0.67, OMF +0.58, HTLF +0.37, JBT +0.35, MEDP +0.33, TBI +0.30, AMKR +0.25, CR +0.17, PFG +0.16, FFIV +0.15, CATY +0.10, HSTM +0.10, CINF +0.07, RNST +0.07, AJRD +0.06, BRO +0.06, OGS +0.06, QTS +0.03, TCF +0.02 of note. Misses: NXPI (1.63), JJSF (0.55), CRSP (0.32), HXL (0.14), NOV (0.10), EHC (0.03), VCRA (0.02), PCH (0.02), ARE (0.01) of note. Hourly Tracking -Will return tomorrow as we are doing an overhaul to it. News After The Close: Senate Minority Leader Schumer and House Speaker Pelosi met with Treasury Secretary Mnuchin and Chief of Staff Meadows at 6:00 p.m. EDT. Senate Majority Leader McConnell introduces GOP stimulus plan called the Heals Act cuts $600…

CAPIS Morning Note – 7/27/20 Gold On Fire And Bitcoin Joins The Action, Futures Higher On Stocks

Morning Note

Morning Note

posted by CAPIS on 07/27/2020 at 6:07 am
by CAPIS on 07/27/2020

Covid-19 Stats For Sunday: Reported Cases yesterday: 61,713 from 71,027. Tests 855.811 from 774,193 Positivity Rate: 7.21% from 9.17% Deaths 558 from 1,039 Current Hospitalizations 58.614 from 59,363 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: MC WIMI of note. Mixed Shelf Offerings:  RC of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: None of note. Misses: None of note. Latest Short Interest Data – Sorted by Short Intensity (short selling remains low) only one sector increased. News After The Close: Fitch affirms Greece and Czech Republic ratings at BB and AA-. The other rating agency takes Slovakia to negative and Sicily to stable. Barron’s + on NKLA WKHS NVS CRSP GBT BLUE ABIO EDIT SGMO BEAM NTLA EMMA MCD and cautious on APD PLUG CMI BLDP BE. Hurricane Hanna made landshore in Texas over the weekend and Hawaii had a rare hurricane as well. Raises Guidance Raised:  Lowers Guidance:  Raises Dividend:  Cut Dividend: MAC Stock Split Announcement:  Stock Buyback:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value…

Covid-19 Stats For Sunday: Reported Cases yesterday: 61,713 from 71,027. Tests 855.811 from 774,193 Positivity Rate: 7.21% from 9.17% Deaths 558 from 1,039 Current Hospitalizations 58.614 from 59,363 source COVID tracking project IPOs Priced: None of note. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: MC WIMI of note. Mixed Shelf Offerings:  RC of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: None of note. Misses: None of note. Latest Short Interest Data – Sorted by Short Intensity (short selling remains low) only one sector increased. News After The Close: Fitch affirms Greece and Czech Republic ratings at BB and AA-. The other rating agency takes Slovakia to negative and Sicily to stable. Barron’s + on NKLA WKHS NVS CRSP GBT BLUE ABIO EDIT SGMO BEAM NTLA EMMA MCD and cautious on APD PLUG CMI BLDP BE. Hurricane Hanna made landshore in Texas over the weekend and Hawaii had a rare hurricane as well. Raises Guidance Raised:  Lowers Guidance:  Raises Dividend:  Cut Dividend: MAC Stock Split Announcement:  Stock Buyback:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value…

CAPIS Morning Note – 7/24/20 China Rhetoric Continues To Rise, Tik Tok Next?

Morning Note

Morning Note

posted by CAPIS on 07/24/2020 at 5:42 am
by CAPIS on 07/24/2020

Covid-19 Stats For Friday: Reported Cases yesterday: 71,027 from 70,043 Tests 774,193 from 796,395 Positivity Rate: 9.17% from 8.80% Deaths 1,039 from 1,126 Current Hospitalizations 59,363 from 59,628 source COVID tracking project IPOs Priced: Inozyme Pharma (INZY) prices 7 million shares at $16 versus range of $14 to $16. Iteos Therapeutics (ITOS) priced at $19 with a range of $16 to $18. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: VSAT of note. Mixed Shelf Offerings: VNET CPRX of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  SAM +2.46, SIVB +1.32, SCHL +1.16, BJRI +0.60, EIG +0.52, EHTH +0.22, SKX +0.20, LMAT +0.16, EW +0.15, FFBC +0.15, ETFC +0.12, FFIN +0.12, INTC +0.12, SWKS +0.11, IEX +0.10, MAT +0.08, ASB +0.06, MANH +0.06, VICR +0.05, AUY +0.04, RHI +0.04, FE +0.03, OZK +0.01, MXL +0.01, PBCT +0.01 of note. Flat: VRSN Misses: SGMS (0.26), BOOM (0.15) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: Senate Majority Leader Mitch McConnell notes Senate Republicans have agreement with White House on stimulus. Walt Disney (DIS) to delay Mulan indefinitely with Star Wars and Avatar pushed back a year. President…

Covid-19 Stats For Friday: Reported Cases yesterday: 71,027 from 70,043 Tests 774,193 from 796,395 Positivity Rate: 9.17% from 8.80% Deaths 1,039 from 1,126 Current Hospitalizations 59,363 from 59,628 source COVID tracking project IPOs Priced: Inozyme Pharma (INZY) prices 7 million shares at $16 versus range of $14 to $16. Iteos Therapeutics (ITOS) priced at $19 with a range of $16 to $18. Secondaries Priced:  None of note. Notes Priced of note: None of note. Common Stock filings: VSAT of note. Mixed Shelf Offerings: VNET CPRX of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  SAM +2.46, SIVB +1.32, SCHL +1.16, BJRI +0.60, EIG +0.52, EHTH +0.22, SKX +0.20, LMAT +0.16, EW +0.15, FFBC +0.15, ETFC +0.12, FFIN +0.12, INTC +0.12, SWKS +0.11, IEX +0.10, MAT +0.08, ASB +0.06, MANH +0.06, VICR +0.05, AUY +0.04, RHI +0.04, FE +0.03, OZK +0.01, MXL +0.01, PBCT +0.01 of note. Flat: VRSN Misses: SGMS (0.26), BOOM (0.15) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: Senate Majority Leader Mitch McConnell notes Senate Republicans have agreement with White House on stimulus. Walt Disney (DIS) to delay Mulan indefinitely with Star Wars and Avatar pushed back a year. President…

CAPIS Morning Note – 7/23/20 Senate & White House Need To Reach Stimulus Bill House

Morning Note

Morning Note

posted by CAPIS on 07/23/2020 at 6:12 am
by CAPIS on 07/23/2020

Covid-19 Stats For Wednesday: Reported Cases yesterday: 70,043 Tests 796,395 Positivity Rate 8.80% Deaths 1,126 Current Hospitalizations 59,628 source COVID tracking project IPOs Priced: None of note. Secondaries Priced: BNTX AUPH  of note. Notes Priced of note:  LLNW of note. Common Stock filings: DLNG SAVE of note. Mixed Shelf Offerings: DLNG of note. Convertible Offering Files: LLNW BRKL  of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  TSLA +2.34, WHR +1.28, MTH +0.85, VMI +0.56, TCBI +0.56, UFPI +0.48, PLXS +0.45, NTGR +0.32, EFX +0.30, GL +0.14, SLG +0.14, NTB +0.13, GGG +0.11, HNI +0.11, BCOV +0.10, ICLR +0.10, UMPQ +0.09, MSFT +0.08, WAFD +0.08, ECHO +0.07, SUI +0.06, CVBF +0.04, CLB +0.03, CNS +0.02, BDN +0.01, CSX +0.01, FR +0.01, KMI +0.01 of note. Flat: CMG +0.00, KALU +0.00, RGP +0.00, SEIC +0.00, STL +0.00 Misses: DFS (1.17), SAVE (0.78), SU (0.36), LVS (0.34), SLM (0.33), ALGN (0.31), WSBC (0.28), LSTR (0.08), TRN (0.06) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: President Trump to send more federal agents to Chicago, Kansas City and Albuquerque. (NBC News) Carnival Cruise (CCL) extend pause in operations through October in Australia and Asia through December…

Covid-19 Stats For Wednesday: Reported Cases yesterday: 70,043 Tests 796,395 Positivity Rate 8.80% Deaths 1,126 Current Hospitalizations 59,628 source COVID tracking project IPOs Priced: None of note. Secondaries Priced: BNTX AUPH  of note. Notes Priced of note:  LLNW of note. Common Stock filings: DLNG SAVE of note. Mixed Shelf Offerings: DLNG of note. Convertible Offering Files: LLNW BRKL  of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  TSLA +2.34, WHR +1.28, MTH +0.85, VMI +0.56, TCBI +0.56, UFPI +0.48, PLXS +0.45, NTGR +0.32, EFX +0.30, GL +0.14, SLG +0.14, NTB +0.13, GGG +0.11, HNI +0.11, BCOV +0.10, ICLR +0.10, UMPQ +0.09, MSFT +0.08, WAFD +0.08, ECHO +0.07, SUI +0.06, CVBF +0.04, CLB +0.03, CNS +0.02, BDN +0.01, CSX +0.01, FR +0.01, KMI +0.01 of note. Flat: CMG +0.00, KALU +0.00, RGP +0.00, SEIC +0.00, STL +0.00 Misses: DFS (1.17), SAVE (0.78), SU (0.36), LVS (0.34), SLM (0.33), ALGN (0.31), WSBC (0.28), LSTR (0.08), TRN (0.06) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: President Trump to send more federal agents to Chicago, Kansas City and Albuquerque. (NBC News) Carnival Cruise (CCL) extend pause in operations through October in Australia and Asia through December…

CAPIS Morning Note -7/22/20 Futures Mixed As U.S. Punts Chinese From Houston Consulate

Morning Note

Morning Note

posted by CAPIS on 07/22/2020 at 5:42 am
by CAPIS on 07/22/2020

IPOs Priced: None of note. Secondaries Priced: HTLD OPCH KNSA  of note. Notes Priced of note:  None of note. Common Stock filings: CASI HTLD of note. Mixed Shelf Offerings: UBER of note. Convertible Offering Files: TREE of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  RBT +1.78, ISRG +0.59, AIR +0.55, NAVI +0.50, PNFP +0.44, TER +0.30, NBHC +0.30, TXN +0.27, IBKR +0.26, SUM +0.25, AMTD +0.24, WRB +0.20, FULT +0.14, USNA +0.13, HCSG +0.05, CNI +0.02, UCBI +0.02, FMBI +0.01, SNAP +0.01 of note. Flat: REXR Misses: HWC (1.64), COF (0.57), WTFC (0.37), UAL (0.06), CSL (0.03), AGR (0.02) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: In a Coronavirus Task Force Press Conference, the president noted that the virus may get worse before better, to wear a mask and for younger people to stay out of bars. Raises Guidance Raised: TXN Raises Dividend: SJM Stock Split Announcement:  Stock Buyback: WSBF What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -3    Dow Jones Industrial Average -55  NASDAQ +32 …

IPOs Priced: None of note. Secondaries Priced: HTLD OPCH KNSA  of note. Notes Priced of note:  None of note. Common Stock filings: CASI HTLD of note. Mixed Shelf Offerings: UBER of note. Convertible Offering Files: TREE of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  RBT +1.78, ISRG +0.59, AIR +0.55, NAVI +0.50, PNFP +0.44, TER +0.30, NBHC +0.30, TXN +0.27, IBKR +0.26, SUM +0.25, AMTD +0.24, WRB +0.20, FULT +0.14, USNA +0.13, HCSG +0.05, CNI +0.02, UCBI +0.02, FMBI +0.01, SNAP +0.01 of note. Flat: REXR Misses: HWC (1.64), COF (0.57), WTFC (0.37), UAL (0.06), CSL (0.03), AGR (0.02) of note. Hourly Action This Past Week: Updated 7/20 Close News After The Close: In a Coronavirus Task Force Press Conference, the president noted that the virus may get worse before better, to wear a mask and for younger people to stay out of bars. Raises Guidance Raised: TXN Raises Dividend: SJM Stock Split Announcement:  Stock Buyback: WSBF What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -3    Dow Jones Industrial Average -55  NASDAQ +32 …

CAPIS Morning Note -7/21/20 Futures Indicating A Strong Open

Morning Note

Morning Note

posted by CAPIS on 07/21/2020 at 6:04 am
by CAPIS on 07/21/2020

IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings:  KNSA OPCH QIWI  of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: TREE of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  BXS +0.26, CDNS +0.14, IBM +0.09, CCK +0.04, LLNW +0.04, LOGI +0.04, STLD +0.04, ELS +0.03, ACC +0.01 of note. Misses: ZION (0.10) of note. Hourly Action This Past Week: Updated 7/17 Close News After The Close: Genworth (GNW) settles dispute with AXA to pay $125 million by July 23rd. Ulta Beauty (ULTA) updates guidance and will reduce store openings and close limited number of stores. RTI Surgical (RTIX) closes sale of its OEM business and will change name to Surgalign Holdings (SRGA) as of 7/23. Novavax (NVAX) to give update on its Covid-19 vaccine candidate at the Vaccines Virtual Congress at 9:55 a.m. EDT. Lockheed Martin (LMT) wins $860 million Navy contract. Top Democrats release letter to FBI noting the U.S. Congress is a target of foreign disinformation campaign. BAE Systems (BAESY) wins $495 million Air Force contract. Index Changes: Emergent Bio Solutions (EBS) to join S&P 400 Mid Cap and First Hawaiian (FHB)…

IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings:  KNSA OPCH QIWI  of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: TREE of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  BXS +0.26, CDNS +0.14, IBM +0.09, CCK +0.04, LLNW +0.04, LOGI +0.04, STLD +0.04, ELS +0.03, ACC +0.01 of note. Misses: ZION (0.10) of note. Hourly Action This Past Week: Updated 7/17 Close News After The Close: Genworth (GNW) settles dispute with AXA to pay $125 million by July 23rd. Ulta Beauty (ULTA) updates guidance and will reduce store openings and close limited number of stores. RTI Surgical (RTIX) closes sale of its OEM business and will change name to Surgalign Holdings (SRGA) as of 7/23. Novavax (NVAX) to give update on its Covid-19 vaccine candidate at the Vaccines Virtual Congress at 9:55 a.m. EDT. Lockheed Martin (LMT) wins $860 million Navy contract. Top Democrats release letter to FBI noting the U.S. Congress is a target of foreign disinformation campaign. BAE Systems (BAESY) wins $495 million Air Force contract. Index Changes: Emergent Bio Solutions (EBS) to join S&P 400 Mid Cap and First Hawaiian (FHB)…

CAPIS Morning Note – 7/20/20 Big Earnings Week Ahead

Morning Note

Morning Note

posted by CAPIS on 07/19/2020 at 11:06 am
by CAPIS on 07/19/2020

IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings: NKLA  of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  None of note. Misses: None of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Uber (UBER) to work with Google (GOOGL) Maps. IBM Corp (IBM) and Ernst Young announce expanded global alliance. Lockheed Martin (LMT) wins $15 billion Air Force contract and a $940 million Navy contract. Barron’s + on MSCI SPGI DG DLTR WFC GS and cautious on NFLX. President Trump had extensive interview on Fox News over the weekend. Raises Guidance: Raises Dividend: Stock Split Announcement:  Stock Buyback:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -1    Dow Jones Industrial Average -20  NASDAQ +38   Russell 2000 +1.  Fair values are mixed.  Asia mixed and Europe mixed. VIX is at 25.90 from 27.75 from Friday morning. Gold higher, silver higher and copper lower. WTI Crude Oil and Brent Oil Futures…

IPOs Priced: None of note. Secondaries Priced: None of note. Notes Priced of note:  None of note. Common Stock filings: NKLA  of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:  None of note. Misses: None of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Uber (UBER) to work with Google (GOOGL) Maps. IBM Corp (IBM) and Ernst Young announce expanded global alliance. Lockheed Martin (LMT) wins $15 billion Air Force contract and a $940 million Navy contract. Barron’s + on MSCI SPGI DG DLTR WFC GS and cautious on NFLX. President Trump had extensive interview on Fox News over the weekend. Raises Guidance: Raises Dividend: Stock Split Announcement:  Stock Buyback:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -1    Dow Jones Industrial Average -20  NASDAQ +38   Russell 2000 +1.  Fair values are mixed.  Asia mixed and Europe mixed. VIX is at 25.90 from 27.75 from Friday morning. Gold higher, silver higher and copper lower. WTI Crude Oil and Brent Oil Futures…

CAPIS Morning Note – 7/17/20 Stocks Up Modestly To End The Week

Morning Note

Morning Note

posted by CAPIS on 07/17/2020 at 6:26 am
by CAPIS on 07/17/2020

IPOs Priced: Berkely Lights (BLI) priced at $22 with range of $16 to $18. Pandion Therapeutics (PAND) priced at $18 above range of $16 to $18. ALX Oncology (ALXO) priced at $19 above $15 to $17 range. IPOs Filed: None of note. Secondaries Priced: NCLH CYTK of note. Notes Priced of note:  None of note. Common Stock filings:   None of note. Mixed Shelf Offerings: PSTI of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   JHB +0.29, PPG +0.27, WAL +0.17, FNB +0.12, MRTN +0.10 of note. Misses:  NFLX (0.24) of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Netflix (NFLX) provides mixed guidance and is lower in premarket by about -7%. NCAA needs to “get a much better handle on the pandemic” to resume college sports in the fall. Quest Diagnostics (DGX) granted Emergency Use Authorization from the FDA for is HA SARS-CoV-2 Assay, testing via a nasal swab. Cruise lines see their “no sail order” exteneded by CDC to 9/30 at least. Negative for CCL RCL NCLH CUK. PhaseBio Pharmaceuticals (PHAS) doses first patient in VANGUARD Phase II Trial of PB1046 in hospitalized Covid-19 patients. Take Two…

IPOs Priced: Berkely Lights (BLI) priced at $22 with range of $16 to $18. Pandion Therapeutics (PAND) priced at $18 above range of $16 to $18. ALX Oncology (ALXO) priced at $19 above $15 to $17 range. IPOs Filed: None of note. Secondaries Priced: NCLH CYTK of note. Notes Priced of note:  None of note. Common Stock filings:   None of note. Mixed Shelf Offerings: PSTI of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   JHB +0.29, PPG +0.27, WAL +0.17, FNB +0.12, MRTN +0.10 of note. Misses:  NFLX (0.24) of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Netflix (NFLX) provides mixed guidance and is lower in premarket by about -7%. NCAA needs to “get a much better handle on the pandemic” to resume college sports in the fall. Quest Diagnostics (DGX) granted Emergency Use Authorization from the FDA for is HA SARS-CoV-2 Assay, testing via a nasal swab. Cruise lines see their “no sail order” exteneded by CDC to 9/30 at least. Negative for CCL RCL NCLH CUK. PhaseBio Pharmaceuticals (PHAS) doses first patient in VANGUARD Phase II Trial of PB1046 in hospitalized Covid-19 patients. Take Two…

CAPIS Morning Note -7/16/20 Stocks Lower After Yesterday’s Strength

Morning Note

Morning Note

posted by CAPIS on 07/15/2020 at 8:36 pm
by CAPIS on 07/15/2020

IPOs Priced: Trean Insurance Group (TIG) priced at $15 with a range of $13 to $15. IPOs Filed: None of note. Secondaries Priced: HHR ADPT RLAY PROF APTO BCEL  of note. Notes Priced of note:  None of note. Common Stock filings: CYTK BCEL INMD APTO  of note. Mixed Shelf Offerings:None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   SNBR +0.22 AA +0.21 of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Real Page (RP) CFO Tom Ernst resigns as of 8/15. Amazon (AMZN) extends work at home time for employees to January 8th, 2021. Twitter (TWTR) gets hacked and many high profile members hacked like Elon Musk, Bill Gates and President Obama of note. Dell (DELL) may spinoff it 81% stake in VMware, which is an old rumor. Oxford University who is partnered with AstraZeneca (AZN) has generated an immune response against Covid-19 in their Phase I trial according to The Telegraph. Note that Moderna (MRNA) reported the same thing on Tuesday night. Their Phase I results are due next Monday. American Airlines (AAL) may layoff up to 25,000 employees as it it issues…

IPOs Priced: Trean Insurance Group (TIG) priced at $15 with a range of $13 to $15. IPOs Filed: None of note. Secondaries Priced: HHR ADPT RLAY PROF APTO BCEL  of note. Notes Priced of note:  None of note. Common Stock filings: CYTK BCEL INMD APTO  of note. Mixed Shelf Offerings:None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   SNBR +0.22 AA +0.21 of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/15 Close News After The Close: Real Page (RP) CFO Tom Ernst resigns as of 8/15. Amazon (AMZN) extends work at home time for employees to January 8th, 2021. Twitter (TWTR) gets hacked and many high profile members hacked like Elon Musk, Bill Gates and President Obama of note. Dell (DELL) may spinoff it 81% stake in VMware, which is an old rumor. Oxford University who is partnered with AstraZeneca (AZN) has generated an immune response against Covid-19 in their Phase I trial according to The Telegraph. Note that Moderna (MRNA) reported the same thing on Tuesday night. Their Phase I results are due next Monday. American Airlines (AAL) may layoff up to 25,000 employees as it it issues…

CAPIS Morning Note 7/15/20 Futures El Fuego On Moderna (MRNA) Vaccine Data

Morning Note

Morning Note

posted by CAPIS on 07/14/2020 at 8:28 pm
by CAPIS on 07/14/2020

IPOs Filed: None of note. Secondaries Priced:  ZYXI of note. Notes Priced of note:  None of note. Common Stock filings: ZYXI  of note. Mixed Shelf Offerings: ADPT of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/14 Close News After The Close (In Order) Diamondback Energy (FANG) revises Fiscal year 2020 production guidance lower. PVH Inc. (PVH) to restructure- exit 162 outlet store Heritage Brands and cut workforce by 12%. Bank runs on the rise in China thanks to social media. (Bloomberg) Moderna (MRNA) sees its data on Covid-19, patients vaccinated produced antibodies. Result in New England Journal of Medicine. President Trump held a press conference mostly on China but was mostly an attack on Democratic Presidential Candidate Biden. Supreme Court Justice Ginsburg hospitalized and will stay in for a few days per CNBC. President Trump signs bill holding China accountable for taking over Hong Kong. Wells Fargo (WFC) CFO does not expect dividend to go to zero. Raises Guidance: SIGI Raises Dividend: SWK Stock Buyback: SIRI ($2 billion) What’s Happening This Morning: Futures value reflects the change…

IPOs Filed: None of note. Secondaries Priced:  ZYXI of note. Notes Priced of note:  None of note. Common Stock filings: ZYXI  of note. Mixed Shelf Offerings: ADPT of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/14 Close News After The Close (In Order) Diamondback Energy (FANG) revises Fiscal year 2020 production guidance lower. PVH Inc. (PVH) to restructure- exit 162 outlet store Heritage Brands and cut workforce by 12%. Bank runs on the rise in China thanks to social media. (Bloomberg) Moderna (MRNA) sees its data on Covid-19, patients vaccinated produced antibodies. Result in New England Journal of Medicine. President Trump held a press conference mostly on China but was mostly an attack on Democratic Presidential Candidate Biden. Supreme Court Justice Ginsburg hospitalized and will stay in for a few days per CNBC. President Trump signs bill holding China accountable for taking over Hong Kong. Wells Fargo (WFC) CFO does not expect dividend to go to zero. Raises Guidance: SIGI Raises Dividend: SWK Stock Buyback: SIRI ($2 billion) What’s Happening This Morning: Futures value reflects the change…

CAPIS Morning Note – 7/14/20 Futures Turn Lower After Being Higher

Morning Note

Morning Note

posted by CAPIS on 07/14/2020 at 6:13 am
by CAPIS on 07/14/2020

IPOs Filed: None of note. Secondaries Priced:  ALT OSMT of note. Notes Priced of note:  None of note. Common Stock filings: ALT OSMT ENOB of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/10 Close News After The Close (In Order) Yum Brands (YUM) closes dining rooms in corporate owned stores in Florida. (Reuters) Mohawk (MHK) receives subpoenas from SEC and U.S. Attorney’s Office in Northern Georgia on false revenues and other charges. Boeing (BA) wins $22.9 billion Air Force contract. The Guardian claims that those that recover from Covid-19 may lose immunity within months. Supreme Court rules that federal executions can begin again. Raises Guidance:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -5  Dow Jones Industrial Average +30  NASDAQ -86   Russell 2000 +5.02.  Fair values are higher.  Asia mixed and Europe lower. VIX is higher at 32.75. Gold, silver and copper higher. WTI Crude Oil and Brent…

IPOs Filed: None of note. Secondaries Priced:  ALT OSMT of note. Notes Priced of note:  None of note. Common Stock filings: ALT OSMT ENOB of note. Mixed Shelf Offerings: None of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   None of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/10 Close News After The Close (In Order) Yum Brands (YUM) closes dining rooms in corporate owned stores in Florida. (Reuters) Mohawk (MHK) receives subpoenas from SEC and U.S. Attorney’s Office in Northern Georgia on false revenues and other charges. Boeing (BA) wins $22.9 billion Air Force contract. The Guardian claims that those that recover from Covid-19 may lose immunity within months. Supreme Court rules that federal executions can begin again. Raises Guidance:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 -5  Dow Jones Industrial Average +30  NASDAQ -86   Russell 2000 +5.02.  Fair values are higher.  Asia mixed and Europe lower. VIX is higher at 32.75. Gold, silver and copper higher. WTI Crude Oil and Brent…

CAPIS Morning Note – 7/13/20 12th Monday In A Row Higher?

Morning Note

Morning Note

posted by CAPIS on 07/13/2020 at 6:42 am
by CAPIS on 07/13/2020

Fun Fact: This could be the 12th Monday in a row higher since the market bottomed. Quite the streak! IPOs Filed: None of note. Secondaries Priced: BGNE of note. Notes Priced of note:  None of note. Common Stock filings: AMRS of note. Mixed Shelf Offerings:   STOK  DDD EQNR of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   SJR +0.05 of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/10 Close News After The Close (In Order) Artisan Partners (APAM) saw assets increase to $120.6 billion from $114.4 billion. Soros Fund Management takes a 5.3% interest in Xeris Pharmaceuticals (XERS). Amazon (AMZN) accidently sent out email to ban employees from using TikTok. Peabody Energy (BTU) saw its credit rating drop to B from a major credit rating firm. Kirby (KEX) will restate Q1 to correct for a good will impairment charge. Atlanta reverts to a Phase I opening. Barron’s + on NOK FB ASML . Raises Guidance:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 +24   Dow…

Fun Fact: This could be the 12th Monday in a row higher since the market bottomed. Quite the streak! IPOs Filed: None of note. Secondaries Priced: BGNE of note. Notes Priced of note:  None of note. Common Stock filings: AMRS of note. Mixed Shelf Offerings:   STOK  DDD EQNR of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   SJR +0.05 of note. Misses:  None of note. Hourly Action This Past Week: Updated 7/10 Close News After The Close (In Order) Artisan Partners (APAM) saw assets increase to $120.6 billion from $114.4 billion. Soros Fund Management takes a 5.3% interest in Xeris Pharmaceuticals (XERS). Amazon (AMZN) accidently sent out email to ban employees from using TikTok. Peabody Energy (BTU) saw its credit rating drop to B from a major credit rating firm. Kirby (KEX) will restate Q1 to correct for a good will impairment charge. Atlanta reverts to a Phase I opening. Barron’s + on NOK FB ASML . Raises Guidance:  What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding. S&P 500 +24   Dow…

CAPIS Morning Note – 7/10/20 Stocks Recover From Morning Lows on Remdesivir Data

Morning Note

Morning Note

posted by CAPIS on 07/10/2020 at 5:32 am
by CAPIS on 07/10/2020

Breaking News: Gilead Sciences (GILD) out with more data on Remdesivir that is positive but only partial. IPOs Filed: None of note. IPOs Priced: Nkarta (NKTX) priced at $18 with range of $14 to $16. Secondaries Priced:  CNTG of note. Notes Priced of note:  None of note. Common Stock filings: None of note. Mixed Shelf Offerings:  ANIP SLP MRNS KBH  of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   PSMT +0.19, WDFC +0.11 of note. Misses:  Noneof note. Hourly Action This Past Week: Updated 7/8 Close News After The Close (In Order) NASDAQ sees June U.S. equity options volume was 230 million versus 181 million in May and 132 million a year ago. Walgreens Boots Alliance (WBA) met with Department of Justice in June over alleged violations at various locations. United Airlines (UAL) gets a downgrade from a major credit agency over Covid-19. Federal Reserve balance sheet moves below $7 trillion as bond exposure drops. Ford (F) may have to shut some factories next week if do not receive engines from Mexico. (Reuters) IDC reports that PC market grew 11.2% year over year in Q2. Raises Guidance: IMOS What’s Happening This Morning: Futures value reflects…

Breaking News: Gilead Sciences (GILD) out with more data on Remdesivir that is positive but only partial. IPOs Filed: None of note. IPOs Priced: Nkarta (NKTX) priced at $18 with range of $14 to $16. Secondaries Priced:  CNTG of note. Notes Priced of note:  None of note. Common Stock filings: None of note. Mixed Shelf Offerings:  ANIP SLP MRNS KBH  of note. Convertible Offering Files: None of note. Senior Notes Filed:  None of note. Courtesy of IPO Financial Earnings After The Close: Beat:   PSMT +0.19, WDFC +0.11 of note. Misses:  Noneof note. Hourly Action This Past Week: Updated 7/8 Close News After The Close (In Order) NASDAQ sees June U.S. equity options volume was 230 million versus 181 million in May and 132 million a year ago. Walgreens Boots Alliance (WBA) met with Department of Justice in June over alleged violations at various locations. United Airlines (UAL) gets a downgrade from a major credit agency over Covid-19. Federal Reserve balance sheet moves below $7 trillion as bond exposure drops. Ford (F) may have to shut some factories next week if do not receive engines from Mexico. (Reuters) IDC reports that PC market grew 11.2% year over year in Q2. Raises Guidance: IMOS What’s Happening This Morning: Futures value reflects…

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