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12.06.2019 10 new posts under Morning Note (8), International Summary (1), Press Releases (1)

Morning Note

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Morning Note

"CAPIS Morning Note -11/29/19 Stock Market To Close at 1:00 P.M. EDT"

posted by CAPIS on 11/29/2019 at 8:07 am

by CAPIS

11/29/2019 at 8:07 am

Breaking News- Iraqi Prime Minister Adil Addul Nahdi to resign.

IPOs on deck:   None of note.

IPOs Filed: None filed after the close.

Secondaries Priced: None of note.

Notes Priced:   None of note.

Common Stock filings: None of note.

Mixed Shelf Offerings filed:  SENS 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.

Missed:

None of note.

Hourly Action This Week:

Close of 11/26.

News After The Close (In Order of Time)

Consolidated-Tomoka Land (CTO) sells 20 income properties to Alpine Income Property Trust.

President Trump made a surprise visit to Afghanistan for Thanksgiving.

Index changes WRB to join the S&P 500 and RLI to join the S&P 400. JOE to join the S&P 600.

President Trump signed the Hong Kong Human Rights Bill late Wednesday.

Stock Repurchase Announcements:  NTR

Dividend Increase: 

Gap Higher: TECD +12%, TIGO +4%

Gap Lower: PCG -10%

What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. 

S&P 500 -5 Dow Jones Industrial Average -43 NASDAQ -20 Russell 2000 -4.80 Fair values are lower. Asia and Europe mixed.

Gold higher with silver and copper lower. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is lower. $ is higher vs Euro, higher vs Pound and higher vs Yen. US 10 year Treasury price is at $129.42 from $129.55 with yields at 1.75%. Prices as of 8:25 a.m. EDT.

Positive Sectors On Wednesday: Services, Consumer Goods and Healthcare of note.

Negative Sectors On Wednesday: Industrials of note.

One Month Winners: Healthcare, Industrials and Technology.

Three Month Winners: Industrials, Financials and Healthcare.

Six Month Winners: Consumer Goods, Industrials, Technology and Healthcare.

Twelve Month Winners: Technology, Industrials and Services.

Year to Date: Technology, Industrials, Technology, Consumer Goods, Services and Financials.

Upcoming Earnings Of Note (sorted by market cap, highest to lowest)

Today After The Close:  

None of note.

Monday Before The Open:

OGI DSX of note.

Earnings This Morning Of Note

Beat:

None of note.

Missed:     

None of note.

Rags & Mags: Highlighted Stories may be clicked through to the original story.

Top News Story: China financial troubles are flashing everywhere. (Bloomberg)

Five Things You Need To Know To Start Your Day. (Bloomberg)

Five  Things To Know To Start Your Day. (CNBC)

Stocks making the biggest move this morning. (CNBC)

President Trump says he restarted peace negotiations in Afghanistan with the Taliban. (NYT)

Japan may increase its stimulus packages to 20 trillion Yen from 5 trillion Yen. (Bloomberg)

European Union lawmakers approve increase in beef imports from the U.S. (Reuters)

Huawei to challenge FCC restrictions. (WSJ)

Notable Data Points

Most stock indexes saw some improvement on Friday. Current through 11/26.

Bold means a change from prior day.

The advance/decline line model is now a buy. Updated through 11/27. Year to date model up 14. 21% on the S&P 500. 5 buy signals and 4 cash signals in 2019. Current signal is a buy.

YTD 64% (+1% change week over week) of stocks are higher and 38% are lower. Updated  through 11/15 close.

Courtesy of Phil Erlanger Research, Inc.

Algo/HFT Trading Levels:

The Erlanger Value Lines track the intraday range of resistance, pivot and support used by Algo/HFT Traders. Each day we show where we closed within the range. Update through 11/27.

Economic & Related:

November Chicago PMI is due out at 9:45 a.m. EDT and is expected to rise to 47.1 from 43.2.

The U.S. Stock Market closes at 1:00 p.m. EDT while the Bond Market closes at 2:00 p.m. EDT.

Geopolitical:      

President Trump will return from Afghanistan and enjoy the rest of his time in Mar a Largo.

Conferences & Analyst Meetings:

Investor/Analyst Days & Conference Calls of Note: None of note. GNBT (Conference Call)

Sellside Conferences: None of note.

Industry Conferences: Los Angeles Auto Show (11/22-12/1).

M&A Activity

Tech Data (TECD) to be acquired by Apollo Global (APO) for $145 a share.

Upgrades & Downgrades

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