Interesting Fact: The VIX broke and closed below 20 for the first time since February 24th of 2020.
Total Cases 27,484,573 from 27,429,496
Deaths 476,906 from 475,828
New Tests 1,135,232 from 1,431,952
New Cases 55,077 from 72,164 with positivity rate of 4.9% (down 0.2)
Daily Deaths 1,078
Current Hospitalizations 65,455 from 67,023
IPOs Priced or News: None of note.
Secondaries Priced: None of note.
Notes Priced of note: None of note.
Common Stock filings: MILE of note.
Selling Shareholders of note: EYPT MILE IDEX of note.
Mixed Shelf Offerings: AXP CMA TPR INSE of note.
Convertible Offering Files: 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: SCI +0.22, MEDP +.04
Flat: OTTR +0.00
News After The Close:
Stock Buyback New Or Increase:
Insider Buys: (source The Trade Exchange)
Hourly Action – Updated 2/11 close.
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 lower this morning but nothing substantial. The low overnight on the S&P 500 was a 4:00 a.m. EST down 15 points from current levels.
S&P 500 +16 Dow Jones Industrial Average +162 NASDAQ +61 Russell 2000 +19 . Fair values are higher ex the Russell. Asia higher and Europe mixed. VIX is at 25.84 from 26.92 this morning in futures. VIX closed at 19.97 from 21.24 and the three month futures at 26.50 from 26.65.
Gold lower, silver higher and copper higher. WTI Crude Oil higher and Brent Oil Futures lower. Natural Gas is higher. $ is lower vs Euro, lower vs Pound and higher vs Yen. US 10 year Treasury price is at $136.14 from $136.77 with the yield at 1.253% from 1.173%.
Positive Sectors On Friday: Energy, Materials and Financials of note.
Negative Sectors On Friday: Utilities and Real Estate 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: A, AIG, RNG, ES, EXAS, OXY, INVH, SEDG, CRSP, DVN, CLR, VNO, ACC, LSCC, BYD of note.
Wednesday Before the Open: SHOP, ADI, HLT, RPRX, GRMN, WIX, GPC, CRL, HSIC, OC, NI, ATH of note.
Earnings This Morning Of Note:
Beats: AN +0.42, ALLE +0.30, TRTN +0.27, LPX +0.27, RBC +0.19, CEVA +0.09, VMC +0.08, JELD +0.07, CVS +0.06, BKI +0.05, ZTS +0.04, IAA +0.04, GEO +0.03, BRKR +0.02, RXN +0.01, TRU +0.01
Misses: PLTR (0.10), AAP (0.10), USFD (0.04), GWPH (0.03)
Still to Report: ECL, EXPD, FELE, IPGP, MGP, SABR, YNDX
Still to Report:
Erlanger Research Advance/Decline Chart – Updated 2/12 Close.
Gap Ups & Down In Early Pre-Market:
GTHX +34%, AACQ +23%, IMAX +19%, STPK +13%, BWA +10%, DPW +9%, IDEX +9%, BHP +7%, BP +7%, RIO +6%, FCX +5%, RDS.A +5%, MT +4%, MRO +4%
NEPT -14%, NNDM -12%, CRTX -11%
Rags & Mags: Highlighted Stories may be clicked through to the original story.
5 Things To Know Before The Open – (CNBC)
IMAX took in $25 million for the Chinese New Year up 45% from previous best.
WHO approves AstraZeneca (AZN) Covid-19 vaccines for Emergency Authorization Use.
Bitcoin above $50,000. (CNBC)
Stock Index Trading:
Current through 2/12 close. Overall confidence remains at 100%.
Bold means a change from prior day.
Press Briefing by Press Secretary Jen Psaki, James S. Brady Press Briefing Room, 11:30 a.m. EST
The President and The Vice President receive the President’s Daily Brief, Oval Office, 12:30 p.m. EST
The President departs the White House en route Joint Base Andrews, South Lawn, 5:30 p.m. EST
The President participates in a CNN town hall (8:00 p.m. CST), Pabst Theater, Milwaukee, WI, 9:00 p.m. EST
The President departs Milwaukee, Wisconsin en route Washington, DC (9:50 p.m. CST), General Mitchell International Airport, Milwaukee, 10:50 p.m. EST
Investor, Sellside and Industry Meetings
(Investor Day) (Conference Call)
Cable ONE (CABO) to buy Hargray Communications for $2.2 billion.
Upgrades & Downgrades of Note This Morning: Note that downgrades remain prevalent in February. Today’s Sellside Recommendations below.
Friday Sellside Recommendations