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

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"CAPIS Morning Note – 2/10/21: Stocks Higher After One Day Sell-Off"

posted by CAPIS on 02/10/2021 at 8:41 am

by CAPIS

02/10/2021 at 8:41 am

Covid-19 Statistics: 

Total Cases 26,968,049 from 26,875,063

Deaths 458,250 from 455,455

New Tests 1,611,368 from 1,434,298

New Cases 92,986 from 77,737 with positivity rate of 5.7% (up 0.3)

Daily Deaths 2,795

Current Hospitalizations 79,179 from 80,055

Capital Raises:

IPOs Priced or News: Viant Technology (DSP) priced at $25 with range of $22 to $24.

Secondaries Priced: AUTL HOFV ENLV ITRM ASRT of note.

Notes Priced of note: None of note.

Common Stock filings:  VNRX BW MREO XONE BLDP KALV LMB SQZ ONCR ENLV  of note.

Selling Shareholders of note: KTOS of note.

Mixed Shelf Offerings: VRNS  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: THC +2.91, USNA +0.48, VOYA +0.46, MESA +0.45, AYX +0.31, CCK +0.22, ACGL +0.19, MAT +0.17, STEP +0.12, ENPH +0.11, LYFT +0.10, MTW +0.10, MODN +0.09, BKH +0.08, DCPH +0.08, TWTR +0.07, TWO +0.07, OI +0.06, WELL +0.06, QGEN +0.05, CSCO +0.04, DEI +0.04, AKAM +0.02, G +0.02, RRR +0.02, CDAY +0.02, PEAK +0.02, EGP +0.02, CNO +0.01, FISV +0.01, RPD +0.01, REYN +0.01

Flat:  UDR +0.00,

Misses: NGL (3.05), AIZ (0.26), CPSI (0.15), PAA (0.06), FMC (0.04), PRI (0.04), YELP (0.04), NCR (0.03), HP (0.03), HIW (0.02), EXTR (0.01)

News After The Close:

Wynn Resorts (WYNN) gets conditional approval for WynnBET in Tennessee.

Moderna (MRNA) announces supply agreements with Taiwan and Columbia.

Dividend Increase: HE

Raises Guidance: 

Lowers Guidance: 

Stock Buyback New Or Increase: 

Insider Buys: ATGE UGI OCX UNH LABP (source The Trade Exchange)

Erlanger Valuelines: Volatility is on the rise as noted by the blue highlighting. Updated 2/8 Close. The graph will return tomorrow.

Hourly Action – Updated 2/8 close. Mixed day on Monday. Will return tomorrow.

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 higher this morning and maybe starting a new multiday rally.

S&P 500 +20  Dow Jones Industrial Average +138  NASDAQ +67   Russell 2000 +19.4. Fair values are higher. Asia higher and Europe higher. VIX is at 26.58 from 26.75 this morning in futures. VIX closed at 21.63 from 21.24 and the three month futures are at 27.11 from 26.65.

Gold higher, silver lower and copper higher. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is lower. $ is lower vs Euro, lower vs Pound and higher vs Yen. US 10 year Treasury price is at $136.61 from $136.72 with the yield at 1.16% from 1.148%.

Positive Sectors On Tuesday: Real Estate, Communications Services and Financials of note.

Negative Sectors On Tuesday: Energy and Materials 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: UBER, MELI, EQIX, MFC, ZG, ORLY, SLF, CERN, EQR, PAYC, EFX, ATUS, TYL, TRMB, SSNC, MGM, CINF of note.

Thursday Before the Open: PEP, AZN, DUK, BAM, KHC, TU, MT, TSN, LH, ZBRA, K, ALNY, QSR, GNRC, POOL, ARES, TAP of note.

Earnings This Morning Of Note:

Beats: BG +1.23, EEFT +0.39, PAG +0.38, CDW +0.34, GM +0.32, CRTO +0.22, FLOW +0.19, UAA +0.19, INMD +0.19, CCJ +0.17, ARCC +0.14, AEIS +0.14, IQV +0.10, BDC +0.09, DBD +0.08, HCSG +0.08, TEVA +0.06, IPG +0.06, KO +0.05, TMHC +0.04, CME +0.03, EGOV +0.01

Flat: none

Misses: CHEF (0.21), PDS (0.14), TPB (0.03), CIM (0.02), BXMT (0.01), RDWR (0.01)

Still to Report: none

Erlanger Research Advance/Decline Chart –  Updated 2/9 Close. Definite improvement this past week.  Chart will return tomorrow.

Gap Ups & Down In Early Pre-Market:

Gap up:

NEPT +89%, GMDA +42%, FRX +28%, GNFT +27%, MODN +14%, ABCL +14%, CAN +13%, LYFT +13%, KALV +10%, USNA +9%, MESA +9%, ENPH +7%, STEP +7%, URBN +7%, ASRT +7%, OI +6%, RICK +6%, CCK +6%, BG +5%, SRG +5%, TWTR +4%, ONCR +4%, MTCH +4%,

Gap down:

CPSI -13%, SAVA -13%, HOFV -11%, ENLV -10%, LMB -10%, AYX -9%, VNRX -8%, AKAM -8%, XONE -7%, CDAY -7%, PEAK -5%, CSCO -5%, MREO -4%, NCR -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 –UA TWTR BG  (CNBC)

Biggest Analyst Calls of The Day – PLAY TWTR (CNBC)

56 Senators voted for the impeachment trial against Former President Donald Trump. (NYT)

President Biden goes with $75,000 for the top threshold on $1,400 stimulus checks. (Reuters)

NYSE (ICE) will leave New York puts a tax on stock sales. (WSJ)

Baidu (BIDU) may create an AI company in the chip space. (CNBC)

Stock Index Trading:

Current through 2/8 close. Overall confidence remains at 100%. Graph to return tomorrow.

Geopolitical:

The President and The Vice President receive the President’s Daily Brief, Oval Office, 9:30 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 the Secretary of Defense and other senior military and civilian leadership, The Pentagon, 2:00 p.m. EST

The President, The Vice President, and the Secretary of Defense deliver remarks to Department of Defense personnel, The Pentagon, 2:50 p.m. EST

The President, The Vice President, and the Secretary of Defense tour the African Americans in Service Corridor, The Pentagon, 3:30 p.m. EST

Federal Reserve Cleveland President Loretta Mester speaks

Federal Reserve Chairman Powell speaks via teleconference to the Economic Club of New York at 2:00 p.m. EST.

Economic:

The latest NYSE And NASDAQ Short Interest is out through settlement of January 29th and trade date of January 27th. This an important date as we can see exactly how much short covering happened on the first day of the latest “hedge fund deleveraging”. The answer is NYSE fell -6.01% and NASDAQ -6.11%.

API Petroleum Data is due out at 4:30 p.m. EST.

MBA Mortgage Applications fell to -4.1% this week and was out at 7:00 a.m. EST.

January CPI was out at 8:30 a.m. EST and was expected to remain at 0.4%.

Weekly Crude Oil Inventories are due out at 8:30 a.m. EST.

$41 billion of 10 Year Auction held at 1:00 p.m. EST.

Investor, Sellside and Industry Meetings

OCN (Update)  PM (Investor Day)

Sellside: DAIWA Investment Conference (2/8-2/11) Stifel Transportation & Logistics Conference (2/9-2/10) Cowen Aerospace/Defense & Industrials Conference Annual Conference (2/9-2/11) Goldman Sachs Technology & Internet Conference (2/10-2/11) Keefe Bruyette & Woods Winter Financial Conference (2/10-2/11) Bank of America Insurance Conference (2/10-2/11)

Industry Conferences: Microsoft Global Education Partner Summit (2/8-2/10) American Society For Transplantation and Cellular Therapy Mexico Mining Forum (2/10-2/11)

M&A Activity:

Match Group (MTCH) to buy Hyperconnect for $1.725 billion in cash and stock.

Upgrades & Downgrades of Note This Morning: Note that downgrades remain prevalent in February. Will return tomorrow.

 

 

 

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.