IPOs on deck:
IPOs Filed: None of note.
Secondaries Priced: None of note.
Notes Priced of note: 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.
Earnings After The Close:
LEN +0.41 of note.
None of note.
Hourly Action This Past Week: Updated 6/12 Close
News After The Close (In Order)
The Bank of Japan (BOJ) is out with its latest interest rate decision last night and added 110 trillion yen ($1 trillion U.S.)
What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.
S&P 500 +93 Dow Jones Industrial Average +996 NASDAQ +224 Russell 2000 +68. Fair values are lower. Asia lower and Europe lower.
Gold, silver and copper higher. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro, higher vs Pound and lower vs Yen. US 10 year Treasury price is at $138.52 from $138.98 with yields at from 0.674%.
Positive Sectors On Monday: Technology, Real Estate, Consumer Cyclical and Industrials of note.
Negative Sectors On Monday: None of note.
One Month Winners: Real Estate, Industrials, Financials and Consumer Cyclical of note.
Three Month Winners: Consumer Cyclical, Technology and Materials of note.
Six Month Winners: Technology, Healthcare and Consumer Cyclical of note.
Twelve Month Winners: Technology, Healthcare, Consumer Cyclical and Communication Services of note.
Year to Date: Technology, Consumer Cyclical, Healthcare and Communication Services of note.
Upcoming Earnings Of Note (sorted by market cap, highest to lowest)
Today After The Close: ORCL HRB of note.
Wednesday Before The Open: CCL of note.
Earnings This Morning Of Note
None of note.
None of note.
Rags & Mags: Highlighted Stories may be clicked through to the original story.
5 Things To Know To Start Your Day. (Bloomberg)
Stock Index Tracking
Current through 6/15 close. Monday saw more improvement of various moving averages.
Bold means a change from prior day.
The advance/decline line model is now a BUY. Updated through 6/15 close. In 2019, the model was up 16.48% on the S&P 500 and this year is up 5.43% with the S&P 500 lower by -5.86% through Friday. Now 6 buy signals and 4 cash signals in 2019 and 2020. The last buy gained 12.89%. The current buy signal is up 0.18% through Friday.
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 6/15 close. EVL Ranges will start to expand again with the recent action.
Economic & Related:
May Retail Sales is out with its latest update at 8:30 a.m. EDT and is expected to improve to 9% from -16.4%. Up 17/1% month over month.
May Industrial Production is due out at 9:15 a.m. EDT and is expected to improve to 3% from -11.2%.
June NAHB Housing Market Index is due out at 10:00 a.m. EDT and is expected to rise to 45 from 37.
API Petroleum Institute Weekly Inventories are due out at 4:30 p.m. EDT.
Geopolitical & Related
President Trump will deliver remarks at 12:00 p.m. EDT on the signing of an Executive Order on Safe Policing For Safe Communities. At 2:00 p.m. EDT the president will receive his intelligence briefing.
Federal Reserve Chairman Powell begins two days of semiannual monetary policy testimony before the House and Senate.
Meetings, Calls & Conferences
Investor/Analyst Days & Conference Calls of Note: PRNB TNAV XPO KBR (Investor/Analyst Meeting) CWBR FNF DELL THC INSM (Update).
Sellside Conferences: Raymond James Human Health Innovation Conference (6/15-6/18). Evercore ISI Virtual Consumer & Retail Summit (6/15-6/17). Benchmark Healthcare House Call Investor Conference (6/15-6/16). Raymond James BioConnect Institutional Conference (6/16-6/17). JP Morgan Energy, Power & Renewables Conference (6/16-6/17). Oppenheimer Annual Consumer Growth & E-Commerce Conference 2020 (6/16-6/17).
Industry Conferences: NASDAQ London Investor Conference (6/15-6/17). Capital Link 10th Annual Operational Excellence in Shipping Forum 2020.
Tencent (TCEHY) may bid forIQVI (IQ).
Upgrades & Downgrades: None of note this morning.
updated through 8:55 a.m. EDT