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

Morning Note


Morning Note

"CAPIS Morning Note -5/27/20 Overnight Buying Sends Futures Higher"

posted by CAPIS on 05/27/2020 at 6:29 am


05/27/2020 at 6:29 am

IPOs on Deck: None of note.

IPOs Filed: None of note.

Secondaries Priced: TMDX REGN  of note.

Notes Priced of note: FBIO ONEM ATRA  of note.

Common Stock filings: ARGX ATRA IIPR RPAY FVRR ACMR VNTR BEP ZOOM of note.

Mixed Shelf Offerings: EPAY of note.

Convertible Offering Files: NUVA SLAB of note.

Senior Notes Filed: None of note.

Courtesy of IPO Financial

Earnings After The Close:


HEI +0.16, VSAT +0.06 of note.


KEYS (0.25) of note.

Gap Up: STNE +23%, OOMA +11%, TSCO +9%,  CHRS +8%, HEI +8%, VIPS +5%, ATRA +5%, ESNT +4%, PTEN +4%.

Gap Down: VSAT -8%, TMDX -6%, KEYS -4%, RY -4%.

Hourly Action This Past Week: Updated 5/22 Close

News After The Close (In Order)

Qualys (QLYS) names Joo Mi Kim as CFO.

CBOE Global Markets (CBOE) to reopen CBOE Options Exchange trading floor in Chicago on June 8th.

Walt Disney (DIS) will submit proposal today for phased reopening of Florida Orlando parks.

Domino’s Pizza (DPZ) sees comps trending higher inf weeks 5-8 of pandemic versus 104.

Aecom Tech (ACM) awarded $1 billion Navy contract modification.

Twitter (TWTR) adds fact check label to President Trump.

President Trump calls for drop in co pays for insulin for diabetics.

Lowers Guidance:

Raises Guidance: TSCO (Q2)

Withdraws 2020 Guidance:

Dividend Increase:

Dividend Cut or Suspended:

Share Buyback Announcements:

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

S&P 500 +33 Dow Jones Industrial Average +384 NASDAQ +10 Russell 2000 +35.53 Fair values are mixed.  Asia and Europe higher.

Gold, silver and copper lower. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is higher. $ is lower vs Euro, higher vs Pound and higher vs Yen. US 10 year Treasury price is at $138.73 from $138.92 with yields at  from 0.654%.

Positive Sectors On Tuesday: Financials, Industrials and Real Estate of note.

Negative Sectors On Tuesday: Healthcare of note.

One Month Winners: Technology, Materials and Communication Services of note.

Three Month Winners: Technology and Healtchare of note.

Six Month Winners:  Technology, Healthcare and Consumer Cyclical of note.

Twelve Month Winners: Healthcare, Technology and Communication Services of note.

Year to Date: Technology of note.

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



Earnings This Morning Of Note


VIPS +0.69 of note.


RY (0.57), BMO (0.08), PLAB (0.02) of note.

Still to Report: RL

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

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

Stocks Making The Biggest( Moves. CNBC)

5 Things To Know To Start Your Wednesday. (CNBC)

Coronavirus update: Merck joins vaccine race.

U.S. Coronavirus Map update.

IHME raises mid point guidance for U.S. COVID-19 deaths through August 4th to 147,040 from 137,184 deaths on May 18th.

IEA Report a 20% drop in energy demand in many countries. (CNBC)

European Central Bank (ECB) commit 1.85 trillion Euros. (CNBC)

House will pass Senate Hong Kong sanctions bill today which will clear sanctions against China. (Bloomberg)

President Trump will act on above bill by the end of the week. (Reuters)

Hong Kong protesters continue to clash with police. (FT)

European Union (EU) foreign ministers see Hong Kong actions by China as a threat to rules based international order. (Bloomberg)

President Trump to bring troops back from Afghanistan in front of election. (NY Times)

Tuesday Morning (TUES) files for bankruptcy under Chapter 11.

Tesla (TSLA) lowers prices by 6% in North America. (Reuters)

Papa John’s (PZZA) sees May comps up 35% in North America and 7% internationally.

Boeing (BA) to cut 2,500 jobs this week. (WSJ)

Stock Index Tracking

Current through 5/26 close.

Bold means a change from prior day.

The advance/decline line model moved to cash on 5/15 and remains therefor now.Updated through 5/22  close. In 2019, the model was up 16.48% on the S&P 500 and this year is up 5.25% with the S&P 500 lower by -11.36% through Friday 5/15. Now 6 buy signals and 4 cash signals in 2019 and 2020. The latest buy gained 12.89% through Friday’s close. We are setting up for a potential buy. More on this tomorrow morning. Today is key.

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. Updated through 5/26 close. EVL Ranges remain above normal and are highlighted in blue had started to drop but the action the last couple of days ended that possibility.

Courtesy of Phil Erlanger Research, Inc.

Economic & Related:

Weekly API Petroleum Data is due out at 4:30 p.m. EDT. We listed yesterday as were unsure if it would be released on its due date.

Weekly MBA Mortgage Applications rose by 2.7% week over week. The last update fell -2.6%.

The latest Federal Reserve Beige Book is due out at 2:00 p.m. EDT.

The latest NYSE and NASDAQ Short Interest Data is due out after the close through settlement day of May 15th.

Geopolitical & Related

President Trump will meet with New York Governor Cuomo at 11:oo a.m. EDT and then head to Florida for the Space X Mission 2 Launch at 4:25 p.m. EDT with comments then at 6:00 p.m. EDT.

$45 billion of 5 year notes are auctioned at 1:00 p.m. EDT.

Meetings, Calls & Conferences

Investor/Analyst Days & Conference Calls of Note: ZEN BLU ABMD  (Conference Call)  SPGX ERIC DTE  (Update) RGLS SYBX (webcast)

Sellside Conferences: Cowen & Co Technology, Media and Telecom Annual Conference (5/26-5/29). KeyBanc Capital Markets Industrials and Basic Materials Conference (5/26-5/29).  Deutsche Bank dbAccess Global Financials Services Investor Conference (5/26-5/27). Oppenheimer MedTech Day Conference (5/26-5/27).  Benchmark Minerals Virtual Elecrtic Vehicle Supply Chain Festival 2020 (5/26-5/29). Craig Hallum Investor Conference (5/27). TD Securities Telecom & Media Virtual Conference (5/27). Bernstein Strategic Decisions Conference (5/27-5/29). UBS Best of Europe One on One Conference. (5/27-5/28).

Industry Conferences:


Arcus Biosciences (RCUS) gets $175 million payment from Gilead Sciences (GILD) and $200 million equity investment.

Amazon (AMZN) may buy Zoox.

Upgrades & Downgrades:

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