Breaking News: Stimulus Bill near at hand, will not include state funding or liability protection. (Politico)
Covid-19 Statistics:
Total Cases 16,529,187 from 16,339,404
Deaths 295,322 from 292,404
New Tests 1,742,813 from 2,159,478
New Cases 189,783 from 193,384 with positivity rate of 10.8% 8.9% (up 1.9)
Daily Deaths 2,918
Current Hospitalizations 112,816 from 110,549
Capital Raises:
IPOs Priced: None of note.
Secondaries Priced: None of note.
Notes Priced of note: None of note.
Common Stock filings: PHAT SHSP NFE GLSI of note.
Selling Shareholders of note: None of note.
Mixed Shelf Offerings:LNT CYRX CTK IQ of note.
Convertible Offering Files: DISH COKE IQ of note.
Senior Notes Filed: None of note.
Earnings Out After The Close:
Beats: NDSN +0.06
Flat: none
Misses: none
News After The Close (sorted by time starting at the close):
Ring Central (RNG) launches free smart video meetings. Negative for Zoom (ZM).
Oshkosh (OSK) to buy Pratt Miller for $115 million.
GoDaddy (GDDY) to buy Poynt for $320 million in cash.
Tilray (TLRY) and Aphria (APHA) may combine forces.
IBM buys Expertus Technologies as they move into hybrid cloud digital payments.
Marriott (MAR) cuts 800 jobs at Times Square Hotel. (NY Post)
Google (GOOGL) still having Gmail issues. A day after outage.
President-Elect Joe Biden names Former Michigan Governor Jennifer Granholm as Secretary of Energy.
Dividend Increase: BEN
Raises Guidance:
Lowers Guidance:
Stock Buyback New Or Increase: OLLI AZO
What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.
S&P 500 +5 Dow Jones Industrial Average +13 NASDAQ +27 Russell 2000 +11 . Fair values are mixed to lower. Asia lower and Europe higher. VIX is at 24.85 from 25.53 this morning in futures. VIX closed at 22.89 from 24.72 and the three month futures at 25.87 from 27.11.
Gold, silver and copper are higher. WTI Crude Oil and Brent Oil Futures modestly lower. Natural Gas is lower. $ is lower vs Euro, lower vs Pound and lower vs Yen. US 10 year Treasury price is at $137.83 from $138 with the yield at 0.92% from 0.90%.
Positive Sectors On Tuesday: All lead by Materials, Energy and Utilities of note.
Negative Sectors On Tuesday: None of note.
One Month Winners: Energy, Financials Real Estate and Industrials of note.
Three Month Winners: Industrials, Communication Services, Utilities and Financials of note.
Six Month Winners: Consumer Cyclical, Industrials, Technology and Materials of note.
Twelve Month Winners: Technology, Consumer Cyclical, Communication Services and Healthcare of note.
Year to Date: Technology, Consumer Cyclical, Communication Services, Healthcare and Materials of note.
Upcoming Earnings Of: (sorted by market cap, highest to lowest with most visible names)
Today After the Close: LEN, ABM, MLHR, REVG of note.
Thursday Before the Open: ACN, GIS, CCL, JBL, TPTX, NAV, SAFM, WOR, RAD, CAMP of note.
Earnings This Morning Of Note:
Beats: none
Flat: none
Misses: none
Still to Report: TTC
Erlanger Research Advance/Decline Chart – Updated 12/15 Close. Tuesday was a strong day.
Gap Ups & Down In Early Pre-Market:
Gap Up:
SIOX +30%, TLRY +28%, NBSE +15%, AOUT +12%, CLLS +11%, APHA +9%, VNTR +8%, AUPH +5%, WPG +4%
Gap Down:
VTVT -33%, GLPG -15%, PEN -9%, NFE -8%, IQ -7%, SHSP -7%, MRAM -6%, GLSI -5%, CSTL -4%, DISH -4%
Moving Average Index Update: All indexes positive.
Rags & Mags: Highlighted Stories may be clicked through to the original story.
Stocks Making The Biggest Moves TLRY APHA PEN MRNA .(CNBC)
5 things to know before the market opens.(CNBC)
Biggest analyst calls of the day. (CNBC Pro)
Coronavirus Update: Health officials concerned over forgotten prisoners.(CNBC)
The Federal Reserve could disappoint today. (CNBC)
Bitcoin back above $20,000. (CNBC)
Economic:
Weekly MBA Mortgage Applications were out at 7:00 a.m. EST and rose 1.1%.
December NAHB Housing Index is due out at 10:00 a.m. EST and is expected to fall to 88 from 90.
November Retail Sales is due out at 8:30 a.m. EST and is expected to fall to -0.2% from 0.3%. Actual -1.1%.
Geopolitical & Related:
President Trump holds a Cabinet Meeting 11:30 a.m. EST Cabinet Room.
Federal Reserve Open Market Committee concludes a two day meeting with a press conference at 2:30 p.m. EST.
Investor Meetings & Conferences of Note:
BE (Investor/Analyst Day) ADIL SRRA NOK (Update) YMAB VCYT (R&D Day)
Sellside Conferences: JMP Securities Hematology Summit (12/15-12/16) Cantor Fitzgerald Cannabis MSO Summit (12/15-12/16).Bank of America Hydrogen Conference (12/16-12/17)
Industry Conferences: SEMICON Japan (12/11-12/18)
M&A:
Oshkosh (OSK) to buy Pratt Miller for $115 million.
GoDaddy (GDDY) to buy Poynt for $320 million in cash.
Tilray (TLRY) and Aphria (APHA) will combine forces. Just out!
IBM buys Expertus Technologies as they move into hybrid cloud digital payments.
Upgrades & Downgrades:
