09.23.2022 11 new Morning Note posts under Morning Note (10) and CAPIS Insights (1)

Morning Note


Morning Note

"CAPIS Morning Note -3/11/20 Futures Drop As U.S. COVID-19 Case Rise Above 1,000"

posted by CAPIS on 03/11/2020 at 8:07 am


03/11/2020 at 8:07 am

Breaking News:

IPOs on deck: None of note.

IPOs Filed:  None of note.

Secondaries Priced: KALA of note.

Notes Priced of note: None of note.

Common Stock filings:  KALA of note.

Mixed Shelf Offerings: of note.

Convertible Offering Files: Note of note.

Senior Notes Filed: None of note.

Courtesy of IPO Financial

Earnings After The Close:


NEX +0.15, CLDR +0.07  of note.


 KFY (0.34), VSLR (0.33) 0f note.


APEI +0.00 of note.

Hourly Action This Week: Updated 3/10 Close

News After The Close (In Order of Time)

LPL Financial (LPLA) sees assets drop by 4% in February.

Invesco (IVZ) sees assets drop by 4.9% in February.

NASDAQ and NYSE Short Interest was released after the close through 2/28 and saw them rise by 0.34% and 2.83%.

U.S. Commerce Department extends Huawei business licenses until May 15th per Reuters.

Gilead Sciences (GILD) has provided hundreds of coronavirus patients with experimental Ebola treatment per Bloomberg.

Lowers Guidance: MCO

Withdraws Guidance: CLDT (FY 20) SKYW (FY20) HLT (FY20) XHR (FY 20)

Stock Buybacks: CCK  EQC IRBT STWD

Dividend Increases: 

Gap Higher: DXC +11%, MNK +10%, KALA +10%, NCNA +7%, STNG +7%, CLDR +7%, INO +5%, PRTK +4%

Gap Lower: VSLR -9%, APEI -8%, NVTA -4%, PDD -4%, JBLU -4%, MGM -4%, HLT -4%, IRBT -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 -109  Dow Jones Industrial Average -934  NASDAQ -284 Russell 2000 -44.73. Fair values are  lower.  Asia lower and Europe mixed.

Gold and silver higher with copper lower. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is lower. $ is lower vs Euro, lower vs Pound and lower vs Yen. US 10 year Treasury price is at $138.11 from $137.06  and yields at 0.704% from  0.716%.  Prices as of 8:20 a.m. EDT.

Positive Sectors On Tuesday: All lead by Materials, Energy, Financials and Technology.

Negative Sectors On Tuesday: None of note.

One Month Winners: None of note.

Three Month Winners: None of note.

Six Month Winners:  Consumer  Goods, Technology and Healthcare.

Twelve Month Winners: Consumer Goods, Technology, Utilities, Services and Healthcare.

Year to Date: None of note.

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



Earnings This Morning Of Note


 PDD +2.27, UNFI +0.06, EXPR +0.01, MEET +0.01 of note.

Still to Report: VRA

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

Top News Story: Stock Losses Accelerate Again. (CNBC)

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

5 Things To Know Before The Stock Market Opens. (CNBC)

Stocks Moving This Morning. (CNBC)

Coronavirus update: Germany’s Merkel notes most will get COVID-19 and Italy ups spending. (CNBC)

Coronavirus Map. (Bloomberg)

Bank of England (BOE) cuts rates by 50 basis points to 0,25%.

Democratic Candidate Joe Biden won Michigan, Idaho, Mississippi, Missouri and Washington and North Dakota too close to call. (CNBC)

NBC News declares Senator Bernie Sanders the winner of North Dakota.

Both Republicans and Democrats reject a payroll tax cut. (WSJ)

U.S. Treasury to postpone 4/15 tax deadline. (WSJ)

Oil lobbyist push the White House to buy oil to increase the strategic reserve as oil is cheap. (Bloomberg)

Uber (UBER) may postpone accounts of riders and drivers with coronavirus. (CNN)

Stock Index Tracking

Current through 3/10 close.

Bold means a change from prior day.

The advance/decline line model is now back in cash. Updated through 3/1o close. In 2019, the model was up 16.48% on the S&P 500 and this year is down -7.64% with the S&P 500 lower by -6.83% before today. 5 buy signals and 4 cash signals in 2019. We moved to cash at 3116.31 on the S&P 500.

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 3/10 close.

Courtesy of Phil Erlanger Research, Inc.

Economic & Related:

API Data was out yesterday at 4:30 p.m. EDT and saw crude oil inventories rise by .

MBA Mortgage Applications up 55% with refinance applications up 79%.

February CPI is due out at 8:30 a.m. EDT and is expected to fall to 0.0% from 0.1%

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


President Trump will meet with the Secretary of State at 12:15 p.m. EDT and then meet with Wall Street Leaders at 3:00 p.m. EDT followed by the Coronavirus Task Force at 5:30 p.m. EDT and then a dinner at the Vice President’s house at the U.S. Naval Observatory.

$24 billion of the 10 Year Treasury to be auctioned at 1:00 p.m. EDT.

Meetings, Calls & Conferences

Investor/Analyst Days & Conference Calls of Note:  AEP ELUXY (Investor Day) FLEX  MCO (webcast) 

Sellside Conferences: Deutsche Bank dbAccess 28th Annual Media, Internet and Telecom Conference (3/9-3/11). Suntrust Robinson Humphrey Annual Technology, Internet and Services Conference. (3/10-3/11). RBC Global Healthcare Conference 2020. Bank of America Refining Conference 2020 (3/11). Susquehanna Financial Group 9th Annual Technology Conference (3/11-3/12).

Industry Conferences: None of note.

M&A Activity

Pepsi (PEP) in talks and now announces they will buy Rockstar Energy for $3.85 billion. (WSJ)

Upgrades & Downgrades updated through 8:45 a.m. EDT.

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.