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01.24.2020 11 new posts under Morning Note (9), CAPIS News (1), Compliance Docs. (1)

Morning Note

News

Morning Note

"CAPIS Morning Note – 1/6/20 President Trump Threatens Sanctions on Iran"

posted by CAPIS on 01/06/2020 at 7:31 am

by CAPIS

01/06/2020 at 7:31 am

IPOs on deck:  None of note.

IPOs Filed: 1Life Healthcare (ONEM) after the close.

Secondaries Priced:  None of note.

Notes Priced: None of note.

Common Stock filings:  PBRA of note.

Mixed Shelf Offerings:  TELL MNPR 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: Updated 1/2

News After The Close (In Order of Time)

President Trump notes U.S. will target up to 52 Iranian sites if Iran retaliates.

Stock Repurchase Announcements: MYOK of note.

Dividend Increase:  of note.

Gap Higher:   CMC +12%, DRD +9%, MTL +8%, HMY +7%, PERI +6%, SBGL +6%, IAG +5%, AU +5%, DNR +5%, GFI +5%, AUY +4%, KGC +4%, AG +4%

Gap Lower: CALM -7%, JKS -5%, KPTI -4%, AEG -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 -17 Dow Jones Industrial Average -174 NASDAQ -61 Russell 2000 -10.20. Fair values are lower. Asia and Europe lower.

Gold and silver higher with copper lower. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro, lower vs Pound and lower vs Yen. US 10 year Treasury price is at $129.39 from $129.14 with yields at 1.792% from 1.825%. Prices as of 8:30 a.m. EDT.

Positive Sectors On Friday: Utilities, Industrials and Real Estate of note.

Negative Sectors On Friday: Healthcare, Technology and Financials 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.

Tuesday Before The Open:

 ANGO of note.

Earnings This Morning Of Note

Beat:

CMC +0.19 of note.

Missed:   

CALM (0.30) of note.

Still to Report:

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

Top News Story:  President Trump threatens sanctions on Iran like they have never seen. (CNBC/Twitter)

Stocks making the biggest news. (CNBC)

China calls for restraint in Iran by U.S. (CNBC)

Iran will no longer follow the nuclear deal. (CNBC)

House will vote to limit President Trump’s action in Iran. Dead on Arrival in the Senate. (The Washington Post)

Trump Administration seeks to block Dutch Chip Manufacturing Technology to China. (Reuters)

Stock Index Tracking

All  stock indexes remain strong but the 5 day moving averages have failed. Current through 1/3.

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 1/3. 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 1/3. Notice the strength.

Economic & Related:

None of note.

Geopolitical:      

President Trump will participate in a credentialing ceremony for new Ambassadors today at 11:45 a.m. EDT.

Conferences & Analyst Meetings: 

Investor/Analyst Days & Conference Calls of Note:  AMD (Press Conference at CES 5:00 p.m. EDT) INTC (News Conference at CES 7:00 p.m. EDT)

Sellside Conferences: None of note. Morgan Stanley Chine New Economy Summit (1/6-1/8). Mizuho Securities Virtual Refining Conference (1/6)

Industry Conferences: None of note.

M&A Activity

Molina Healthcare (MOH) buys NextLevel Health Partners for $50 million.

Upgrades & Downgrades

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