09.30.2022 11 new Morning Note posts under Morning Note (10) and CAPIS Insights (1)

Morning Note


Morning Note

"CAPIS Morning Note – 1/3/20 President Trump Orders Airstrike on Iranian Military Leaders In Iraq"

posted by CAPIS on 01/03/2020 at 7:48 am


01/03/2020 at 7:48 am

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:  DMTK of note.

Mixed Shelf Offerings:  VEC of note.

Convertible Offering Files:  None of note.

Senior Notes Filed:  None of note.

Courtesy of IPO Financial

Earnings After The Close:


RECN +0.06  of note.


LNDC -0.10 of note.

Hourly Action This Week: Updated 1/2

News After The Close (In Order of Time)

NuVasive (NUVA) names Matthew Harbaugh as CFO.

Pacific Biosciences (PACB) and Illumina (ILMN) cancel merger agreement.

Incyte (INCY) GRAVITAS -301 results with itacitinib did not improve response rate.

U.S. air strike kills Iranian Major-General Qassem Soleimani head of the elite Quds Force and Iraqi militia commander Abu Mahdi al Muhandis.

Stock Repurchase Announcements: CS of note.

Dividend Increase: OZK ALG LSI of note.

Gap Higher:   ACOR +13% HMY +5% PACB +5% USO +4% AUY +4%.

Gap Lower: INCY -11% BNTX -4% LNDC -4%.

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

S&P 500 -35 Dow Jones Industrial Average -278 NASDAQ -117 Russell 2000 -19. Fair values are lower. Asia mixed and Europe lower.

Gold and silver higher with copper lower. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, higher vs Pound and lower vs Yen. US 10 year Treasury price is at $129.14 from $128.44 with yields at 1.825% from 1.91%. Prices as of 8:30 a.m. EDT.

Positive Sectors On Thursday: Industrials, Technology and Services of note.

Negative Sectors On Thursday: Utilities of note.

One Month Winners: Healthcare, Materials, Energy, Consumer Goods and Technology.

Three Month Winners: Healthcare, Consumer Goods and Technology.

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

Twelve Month Winners: Technology, Industrials and Services.

Year to Date: Consumer Goods, Technology, Industrials, Technology, 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:

 CALM CMC of note.

Earnings This Morning Of Note


None of note.


None of note.

Still to Report:

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

Top News Story:  President Trump ordered the drone strike that killed Iranian Major-General Qassim Suleimani, Iran to retaliate.

President Trump warns Turkey not to interfer in Libya. (FT)

Anixter (AXE) sees WESCO (WCC) up bid to $97.00 a share.

Tesla (TSLA) lowers the cost of Model 3 in China by 16%.

There are no links this morning due to travel. They will return on Monday.

Stock Index Tracking

All  stock indexes remain strong but the 5 day moving averages have failed. Current through 1/2.

Bold means a change from prior day.

The advance/decline line model is now a buy though it is struggling with the recent action. Updated through 1/2. In 2019, the model up 16.48% on the S&P 500. 5 buy signals and 4 cash signals in 2019. Current signal is a buy and is up 9.88%.

YTD 65% (+1% change week over week) of stocks are higher and 35% are lower. Updated  through 12/27 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 1/2. Notice the strength.

Economic & Related:

November Construction Sales are due out at 10:00 a.m. EDT and are expected to improve to 0.3% from -0.8%.

December ISM Manufacturing is also due out at 10:00 a.m. EDT and is expected to rise to 49 from 48.1.

Weekly Crude Oil and Natural Gas Inventories are due out at 11:00 a.m. EDT and 10:30 a.m. EDT respectively.

The latest Federal Reserve Open Market Committee (FOMC) minutes due out at 2:00 p.m. EDT.


President Trump will speak in Miami at 5:00 p.m. EDT. Watch for impromptu press conference due to airstrike.

Conferences & Analyst Meetings: 

Investor/Analyst Days & Conference Calls of Note:  None of note.

Sellside Conferences: None of note.

Industry Conferences: None of note.

M&A Activity

Pacific Biosciences (PACB) and Illumina (ILMN) cancel merger agreement.


This communication is for informational purposes only and is solely intended for use by institutional investors. Use of this communication by others, including retail investors, is prohibited. No statement herein is to be construed as a recommendation to purchase or sell a security, or to provide investment advice. Certain products, including options and futures, may involve substantial risk and are not suitable for all investors. The information on this webpage is provided by an independent third party. While the information and opinions presented in this material have been obtained or derived from sources believed by Capital Institutional Services, Inc. (CAPIS) to be reliable, CAPIS makes no representations concerning its accuracy or completeness, and accepts no liability for loss arising from the use of this material.