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

Morning Note

News

Morning Note

"CAPIS Morning Note -2/1/21: Futures Higher As We Start February"

posted by CAPIS on 02/01/2021 at 7:51 am

by CAPIS

02/01/2021 at 7:51 am

Breaking News:

Covid-19 Statistics: 

Total Cases 25,816,099 from 25,697,888

Deaths 432,175 from 430,120

New Tests 1,661,492 from 2,088,902

New Cases 118,211 from 146,657 with positivity rate of 7.1% (up 0.1)

Daily Deaths 2,055

Current Hospitalizations 95,013 from 97,561

Capital Raises:

IPOs Priced or News:  

Secondaries Priced:  None of note.

Notes Priced of note:  None of note.

Common Stock filings:   ID VINC of note.

Selling Shareholders of note: FOLD ALRN VINC MNOV  of note.

Mixed Shelf Offerings: RYI  GRTS ONDS ENG   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: none

Flat:  none

Misses: none

News After The Close:

Visa (V) ATM rules in Germany challenged by six banks.

Federal Reserve Dallas President Robert Kaplan says Fed not close to decision on when to taper. (Reuters)
Novavax (NVAX) to produce 150 million vaccine doses by May or June.
Barron’s + on XOM CVX CLR FCX RIO NEM PAAS CCJ. +/- on AAPL MSFT.
Dividend Increases: FBIZ 

Split Announcement:

Raises Guidance: 

Lowers Guidance:

Stock Buyback New Or Increase: PEBO

Insider Buys:

Erlanger Valuelines: Volatility is on the rise. Updated 1/29.

Hourly Action – Updated 1/29 close. Indexes struggled 2:00 onward last week.

What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Quick comment -Futures are very strong this morning reversing a portion of Friday’s losses.

S&P 500 +30  Dow Jones Industrial Average +206   NASDAQ +130   Russell 2000 +21 . Fair values are lower. Asia and Europe higher. VIX is at 31.08 from 31.85 this morning in futures. VIX closed at33.09  from 37.21 and the three month futures at 33.88 from 35.73.

Gold and silver higher with copper lower. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, higher vs Pound and higher vs Yen. US 10 year Treasury price is at $137.13 from $137.06 with the yield at 1.077% from 1.089%.

Positive Sectors On Thursday: All of note led by Financials, Materials and Industrials.

Negative Sectors On Thursday:  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: 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: VRTX, NXPI, ARE, WWD, KRC, CACC, CRUS, OMCL, KMPR, PCH of note.

Tuesday Before the Open: BABA, XOM, PFE, UPS, BP, HCA, EMR, ETN, COP, IDXX, RACE, SYY, MPC, MCK, SIRI of note.

Earnings This Morning Of Note:

Beats: TMO +3.21, OTIS +0.07

Flat: none

Misses: none

Still to Report: ON

Erlanger Research Advance/Decline Chart –  Updated 1/29 Close. 

Gap Ups & Down In Early Pre-Market:

Gap up:

GRTS +33%, API +27%, MTNB +24%, AMC +18%, SRNE +14%, DVAX +13%, EH +9%, ID +8%, HOLI +8%, SPCE +8%, DPW +8%, TLRY +6%, KOSS +6%, XPEV +6%, BB +6%, ASPL +5%, NVAX +4%, ENG +4%, NIO +4%

Gap down:

NNOX -11%, 1ALRN -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 –  (CNBC)

Biggest Analyst Calls of The Day – TSLA SPCE MCD (CNBC)

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

President Biden to meet with 10 Republicans Senators on a $600 billion stimulus which is lower than the Biden $1.9 trillion. (The Washington Post)

Senate Majority Leader Schumer to start budget reconciliation process even though will not help Stimulus Bill. (Bloomberg)

Melvin Capital loses 53% in January. Now managing $8 billion down from $13 billion. (WSJ)

Exxon (XOM) and Chevron (CVX) discussed a merger last year. (WSJ)

Interactive Brokers (IBKR) lifts all trading restrictions om options trading.

Robinhood limits but trading allowed in AMC BB EXPR GME GNUS KOSS NAKD NOK.

Silver spiking this morning as Redditt contributors start a short squeeze there. (Bloomberg)

Stock Index Trading:

Current through 1/29 close. Overall confidence moves from 50% to 33%.

Bold means a change from prior day.

Geopolitical:

The President and The Vice President receive the President’s Daily Brief, Oval Office, 10:00 a.m. EST

Press Briefing by White House COVID-19 Response Team and public health officials, The White House, 11:00 a.m. EST

Press Briefing by Press Secretary Jen Psaki, James S. Brady Press Briefing Room, 12:30 p.m. EST

The President and The Vice President meet with Republican Senators about the American Rescue Plan, Oval Office, 5:00 p.m. EST

Reserve Bank of Australia (RBA) rate decision is out at 9:45 p.m. EST.

Economic:

January ISM Manufacturing Index is due out at 10:00 a.m. EST and is expected to fall to 60.1% from 60.7%.

December Construction Spending is due out at 10:00 a.m. EST and is expected to fall to 0.8% from 0.9%.

Investor, Sellside and Industry Meetings

RMNI (Investor Meeting) AKTS (Investor Call)

Sellside:

Industry Conferences: Annual LSX World Congress (2/1-2/5)

M&A Activity:

Upgrades & Downgrades of Note This Morning: Note that downgrades  increased in January.

Thursday 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.