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03.03.2021 12 new Morning Note posts under Morning Note (10) and General (2)

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Morning Note

"CAPIS Morning Note – 1/28/21: VIX At 37.21 Third Highest Increase Ever, Futures Rebound For Now"

posted by CAPIS on 01/28/2021 at 7:36 am

by CAPIS

01/28/2021 at 7:36 am

Covid-19 Statistics: 

Total Cases 25,230,559 from 25,078,884

Deaths 419,634 from 415,557

New Tests 1,627,862 from 1,694,608

New Cases 151,675 from 143,745 with positivity rate of 9.3% (up 0.9)

Daily Deaths 4,077

Current Hospitalizations 107,444 from 108,950

Capital Raises:

IPOs Priced or News: 

Secondaries Priced:  None of note.

Notes Priced of note:  None of note.

Common Stock filings: None of note.

Selling Shareholders of note:  None of note.

Mixed Shelf Offerings:   None of note.

Convertible Offering Files:   None of note.

Summary From The Trade Exchange bringing traders and investors real time news and Squawk Box.

Earnings Out After The Close Of Note:

Beats: LRCX +1.57, AZPN +0.84, URI +0.78, CCI +0.78, SLM +0.78, HOLX +0.72, FB +0.64, MTH +0.61, CACI +0.57, RJF +0.56, MKSI +0.32, PTC +0.31, AAPL +0.27, SYK +0.26, WHR +0.23, LSTR +0.21, TTEK +0.15, CATY +0.13, NOW +0.11, TER +0.09, AVT +0.09, CNS +0.09, AXS +0.08, RLI +0.08, SEIC +0.07, XLNX +0.06, LEVI +0.05, ISBC +0.05, CP +0.04, CNMD +0.04, CALX +0.04, NXGN +0.03, CVBF +0.03, CLB +0.02, CREE +0.01, DRE +0.01

Flat:  MEOH +0.00, SLG +0.00, SSB +0.00

Misses: TSLA (0.23), PKG (0.15), EW (0.03), LVS (0.03), AMP (0.01)

Erlanger Valuelines: There is still some volatility in the market day to day.

Hourly Action

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

S&P 500 +28  Dow Jones Industrial Average +227   NASDAQ +62   Russell 2000 +33. Fair values are lower. Asia lower and Europe mixed. VIX is at 29.85 from 26.85  this morning in futures. VIX closed at 37.21 from 23.02 and the three month futures at 35.73 from 26.89.

Gold, silver and copper lower. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is lower. $ is higher vs Euro, higher vs Pound and higher vs Yen. US 10 year Treasury price is at $137.52 from $137.48 with the yield at 1.04% from 1.014%.

Positive Sectors On Wednesday: None of note.

Negative Sectors On Wednesday:  Communication Services, Materials, Healthcare and Financials 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: Energy, Materials, Healthcare and Financials of note.

Upcoming Earnings Of: (sorted by market cap, highest to lowest with most visible names)

Today After the Close: V, MDLZ, TEAM, RMD, SWKS, AJG, WDC, CE, PFG, EMN, FICO, DLB, DECK, JNPR of note.

Friday Before the Open: LLY, CVX, SAP, HON, CHTR, CAT, CL, ROP, ERIC, LHX, JCI, PSX, LYB, WY of note.

Earnings This Morning Of Note:

Beats: ADS +0.89, NOC +0.88, CNX +0.72, HZO +0.48, BPOP +0.47, LUV +0.39, FLWS +0.32, VLO +0.32, TROW +0.30, BC +0.30, SWK +0.27, AAL +0.27, SHW +0.24, AIT +0.21, DHR +0.21, EXP +0.20, DOV +0.17, AOS +0.16, DOW +0.14, KEX +0.14, MMYT +0.13, NTCT +0.13, UBSI +0.13, JBLU +0.13, MSCI +0.10, PHM +0.09, CMCSA +0.08, WRK +0.07, STM +0.07, PNR +0.07, ABMD +0.07, MMC +0.07, MTSI +0.04, XEL +0.03, RCI +0.02, MUR +0.02, ATI +0.02

Flat: none

Misses: TSCO (0.36), MKC (0.10), MCD (0.07), MO (0.03), FCFS (0.01)

Still to Report: CRS, COLB, CFR, EWBC, FLEX, GATX, MA, NUE, NVR, ORI, OSIS, VLY

Erlanger Research Advance/Decline Chart –  Updated 1/27 Close. 

Gap Ups & Down In Early Pre-Market:

Gap up:

PSAC +30%, GME +26%, GNCA +26%, AFG +22%, HOLX +8%, STM +7%, BBW +7%, EXTR +6%, DEO +5%, AGTC +5%, NG +4%

Gap down:

ZYME -24%, AXDX -16%, PWFL -10%, SUNW -10%, SRGA -10%, PUK -7%, CREE -6%, MTH -6%, TSLA -5%, OBSV -5%, WHR -5%, LEVI -5%, ASO -4%, AIRG -4%

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

5 Things To Know Before The Open – (CNBC)

Stocks Making The Biggest Moves – AAL GME AAPL  (CNBC)

Biggest Analyst Calls of The Day – GME WEN BBBY (CNBC)

Covid Update –  Southwest Airlines loses money for the first time since 1972. (CNBC)

Stock Index Trading:

Current through 1/27 close. Overall confidence moves from 83% to 50%.

Bold means a change from prior day.

Geopolitical:

The President and The Vice President receive the President’s Daily Brief, Oval Office, 9:45 a.m. EST

The President signs executive actions strengthening Americans’ access to quality, affordable health care; The Vice President also attends, Oval Office, 1:30 p.m. EST

Press Briefing, Press Briefing by Press Secretary Jen Psaki, 2:30 p.m. EST

Economic:

The latest NYSE and NASDAQ Short Interest is out through settlement of January 15th. During the collection period, the S&P 500 rose by 2.20% while the Russell 200 rose by a whopping 7.79%. NYSE rose 1.83% and NASDAQ 0.44%.

Weekly Jobless Claims are due out at 8:30 a.m. EST.

Weekly Natural Gas Inventories are due out at 10:30 a.m. EST.

$62 Billion of 7 Year Notes auctioned at 1:00 p.m. EST.

 APLS (Investor Meeting) FLR ACIW (Update) TSK HCKT  (Webcast) HPE (Fireside Chat)

Sellside: TD Mining Conference (1/27-1/28) B. Riley Vision Day (1/28)

Industry Conferences: World Conference on Lung Cancer (1/27-1/31)

M&A Activity:

Upgrades & Downgrades of Note This Morning: Note that downgrades are increasing first two weeks of the year.

 

Wednesday Recommendations

DISCLAIMER

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.