09.26.2022 11 new Morning Note posts under Morning Note (10) and CAPIS Insights (1)

Morning Note


Morning Note

"CAPIS Morning Note -1/15/20 Deal Signing Day"

posted by CAPIS on 01/15/2020 at 7:36 am


01/15/2020 at 7:36 am

IPOs on deck:  None of note.

IPOs Filed:  None of note.

Secondaries Priced: None of note.

Notes Priced: 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.

Courtesy of IPO Financial

Earnings After The Close:


WAFD +0.25, OGI +0.01 of note.


 None of note.

Hourly Action This Week: Updated 1/13

News After The Close (In Order of Time)

Integra (IART) lowers Q4 and 2020 guidance, issues stock buyback.

Express (EXPR) lays off 10% of workforce.

VEREIT( VER) closes on office partnership on three office assets.

Nektar Therapeutics (NKTR) drops 11% on FDA Advisory Committee failing to support oxyxodegol gel use.

Beyond Meat (BYND) expands relationship with supplier Rocquette.

Stock Repurchase Announcements:  IART of note.

Dividend Increase: GAIN KALU of note.

Dividend Cuts: CLB

Gap Higher: FLNT +55%, OGI +27%

Gap Lower: NKTR -14%, TGT -8%, BYND -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 +3 Dow Jones Industrial Average +3  NASDAQ +17 Russell 2000 -1.74. Fair values are mixed. Asia lower and Europe higher to mixed.

Gold and silver higher with copper lower. WTI Crude Oil  and Brent Oil Futures lower. Natural Gas is lower. $ is lower vs Euro, higher vs Pound and lower vs Yen. US 10 year Treasury price is at $129.31 from $129  with yields at 1.793% from 1.842%. Prices as of 8:15 a.m. EDT.

Positive Sectors On Tuesday: Consumer Goods, Industrials and Technology of note.

Negative Sectors On Tuesday: Healthcare of note.

One Month Winners: Technology, Conglomerates, Consumer Goods and Services.

Three Month Winners: Healthcare, Consumer Goods and Technology.

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

Twelve Month Winners: Consumer Goods,Technology, Industrials and Services.

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

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

Today After The Close:  

KMI HWC AA EGBN  of note.

Thursday Before The Open:


Earnings This Morning Of Note


BLK +0.92, UNH +0.15, PNC +0.06, USB +0.06, BAC +0.05 of note.


GS (0.87) of note.

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

Top News Story:  

Stocks making the biggest moves. (CNBC)

5 Things To Know To Start Your Day. (Bloomberg)

U.K., France and Germany accuse Iran of breaking 2015 nuclear deal and may restart sanctions. (NY Times)

House to vote to send impeachment sanctions to the Senate today. (NY Times)

President Trump critical of Apple refusing to unlock the phone of the criminals. (Twitter)

President Trump may seek to block additional sales by Huawei. (Reuters)

Summary of Democratic Debate.  (Transcript)

Wine consumption drops for the first time in 25 years. (CNN)

Target (TGT) missed on holiday sales below expectations.

Allegiant Travel (ALGT) sees December traffic up 19.6% year over year.

Stock Index Tracking

All  stock indexes have improved recent weakness. Current through 1/14 close.

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 1/14. 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 9.98%.

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 1/13. Volatility is starting to rise.

Economic & Related:

The latest API Petroleum Institute Data is due out at 4:30 p.m. EDT.

January Empire Manufacturing is due out at 8:30 a.m. EDT and is expected to fall to 2.8 from 3.5.

December PPI is due out at 8:30 a.m. EDT and is expected to rise to 0.2% from -0.2%.

Weekly Crude Oil Inventories are due out at 10:30 a.m. EDT.


President Trump will greet the Chinese Vice Premier at 11:15 a.m. EDT and the participate in the signing of Phase One U.S. China Trade Deal at 11:30 a.m. EDT and then host a lunch meeting.

U.S. & China Phase One Deal Signing at The White House around 11:00 a.m. EDT.

Federal Reserve Philadelphia President Patrick Harker to speak at 11:00 a.m. EDT.

Federal Reserve Dallas President Robert Kaplan to speak at 12:00 p.m. EDT.

Meetings, Calls & Conferences

Investor/Analyst Days & Conference Calls of Note:  INSW WPP  (investor meeting) 

Sellside Conferences: Commerzbank German Investment Seminar (1/13/2020-1/15-2020). UBS Midstream, MLP & Utilities One on One Conference (1/13/20-1/15/20). UBS Greater China Conference (1/13/2020-1/15/2020).  JP Morgan Annual Healthcare Conference (1/13/2020-1/16/2020). Santander Annual LatAm Conference (1/14-1/17). Needham Annual Growth Conference (1/14-1/15).

Industry Conferences: Advanced Automotive Battery Conference Europe 2020 (1/12/20-1/16/2020). American Association for Cancer Research Special Conference on Advances in Liquid Biopsies (1/13/2020-1/16/2020). ICR Xchange Conference 2020 (1/13/2020-1/15/2020). EBD Group Biotech Showcase 2020 (1/13/2020-1/15/2020).

M&A Activity

Heska (HSKA) to buy Scil from Covetrus (CVTS) for $125 million.

Upgrades & Downgrades

About the Author

[Author info unavailable]

Subscribe to Stay Informed

Stay informed by subscribing to information that matters to you. We'll email you when we post new content you want to see.


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.