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09.28.2020 10 new Morning Note posts under Morning Note (9) and General (1)

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"CAPIS Morning Note – 6/19/20 Stocks Finish Out Week On Positive Note, Chair Powell To Speak At 1:00 p.m. EDT"

posted by CAPIS on 06/19/2020 at 6:51 am

by CAPIS

06/19/2020 at 6:51 am

IPOs on deck: 

IPOs Filed: Forma Therapeutics (FMTX) at $20 a share. Repare Therapeutics (RPTX) prices at $20 a share.

Secondaries Priced: FMBI DKNG KTOS BYSI  KRMD IDN of note.

Notes Priced of note: CRY  of note.

Common Stock filings: KRMD BYSI IDN EB  of note.

Mixed Shelf Offerings: BFAM  of note.

Convertible Offering Files:  None of note.

Senior Notes Filed:  None of note.

Courtesy of IPO Financial

Earnings After The Close:

Beat:  

SWBI +0.23 of note.

Misses: 

 HOME (0.19) of note.

Gap Up: 

Gap Down:

Hourly Action This Past Week: Updated 6/17 Close

News After The Close (In Order)
Office Depot (ODP) 
names Anthony Scaglione as CFO and Executive VP.

TrueCar (TRUE) notes that vehicle demand is rising.

Textron (TXT) to cut workforce by 6%.

AMC Entertainment (AMC) to relaunch theaters on 7/15.

Raises Guidance: FFNW

Dividend Raised: TWO

Dividend Cut or Suspended: SGA 

Share Buyback: 

Insider Buys > $100,000 – LQDT FOSL

What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Futures were down, up, down, new low and now rebounding.

S&P 500 +30 Dow Jones Industrial Average +289 NASDAQ +81 Russell 2000 +29.32. Fair values are lower.  Asia mixed 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 $138.54 from $138.44  with yields at 0.733%.

Positive Sectors On Thursday:  Technology, Energy and Consumer Nondurables of note.

Negative Sectors On Thursday: Real Estate, Materials and Industrials 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:None of note.

Monday Before The Open: None of note.

Earnings This Morning Of Note

Beat:

 None of note.

Missed:

 KMX (0.11) JBL (-0.06) of note.

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)

Coronavirus update: India cases spike and Germans embrace tracking . (CNBC)

U.S. Coronavirus Map.

Glaxo SmithKline (GSK) and Clover Biopharmaceuticals start human trials on Covid-19. (Bloomberg)

China accelerates purchase of U.S. farm products. (Bloomberg)

President Trump notes would raise tariffs if China not meeting obligations. (WSJ)

State Covid-19 update: 20 increasing. (NYT)

Stock Index Tracking

Current through 6/18 close.

Bold means a change from prior day.

The advance/decline line model is now a BUY. Updated through 6/18 close. In 2019, the model was up 16.48% on the S&P 500 and this year is up 7.87% with the S&P 500 lower by -5.86% through Thursday. Now 6 buy signals and 4 cash signals in 2019 and 2020. The last buy gained 12.89%.  The current buy signal is up 2.62% through yesterday.

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 6/18 close. EVL Ranges  continues to expand again with the recent action.

Courtesy of Phil Erlanger Research, Inc.

Baker Hughes Rig Count due out at 1:00 p.m. EDT.

Geopolitical & Related

President Trump will receive his intelligence briefing at 12:30 p.m. EDT. Then he meets with the Secretary of the Air Force and the Chief of Space Operations at 2:20 p.m. EDT. At 4:00 p.m. EDT leads a Coronavirus Meeting after not holding one in quite a while.

Federal Reserve Chairman Jerome Powell speaks at 1:00 p.m. EDT as does Federal Reserve Cleveland President Loretta Mester.

Federal Reserve Governor Randall Quarles speaks at noon.

Federal Reserve Boston President Eric Rosengren speaks at 10:15 a.m. EDT.

Meetings, Calls & Conferences

Investor/Analyst Days & Conference Calls of Note:  EXPI  NVO (Investor/Analyst Meeting).

Sellside Conferences: None of note.

Industry Conferences: National Foundation For Infectious Diseases (NFID) Annual Conference (6/18-6/19). J

M&A

Marathon Petroleum (MPC) in discussion to sell Speedway gas stations.

Upgrades & Downgrades: 

DISCLAIMER

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