Earnings Out After The Close Of Note:
IPOs Priced or News:
Secondaries Priced: None of note.
Notes Priced of note: None of note.
Common Stock filings: IMAB SQM 0f note.
Selling Shareholders of note: BALY ATCO of note.
Mixed Shelf Offerings: HLT CCI GCI MSI CLSN CVCY VRNA of note.
Convertible Offering & Notes Filed: None of note.
Note Offerings Filed: TRIP GRPN RDFN MTSI of note.
Capital Raise Summary From The TradeXchange ,bringing traders and investors real time news and Squawk Box, and other sources.
News After The Close:
Bioanalytical Systems (BASI) changes name to Inotiv (NOTV) as of this morning.
Visa (V) confirms that the Department of Justice looking into their debt practices. Also, will raise fees after removal of EU Cap.
Roku (ROKU) buys “This Old House” , no terms.
General Dynamics (GD) wins $2.4 billion Navy contract.
Barron’s + on SPLK ELF LLY BIIB CAT BLMN LMT BA NXST LITE DVN KRC GOOGL C DRI XOM TTWO.
Dividend Raises: SC (special)
Buyback Announcements: IMKTA OAS
Insider Purchases: Below is the list of insider buys from yesterday. We note no names have moderate or heavy short selling worth buying. Insider Action From The TradeXchange and Short Date From Erlanger Research.
What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.
S&P 500 +1 Dow Jones Industrial Average -55 NASDAQ +76 Russell 2000 +1. Fair values are mixed. Asia and Europe mixed. VIX is at 23.11 from 23.75 this morning in futures. VIX closed at 21.58 from 19.23 and the three month futures at 25.28 from 23.88.
Gold and silver lower with copper higher. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is lower. $ is lower vs Euro, higher vs Pound and lower vs Yen. US 10 year Treasury price is at $131.56 from $131.50 with the yield at 1.688% from 1.707%. Bitcoin $57,293.31 @ $-305.41 -0.53%.
Positive Sectors On Friday: Consumer Cyclicals, Healthcare and Communication Services.
Negative Sectors On Friday: Financials, Real Estate and Industrials of note.
One Month Winners: Energy, Financials and Communication Services of note.
Three Month Winners: Materials, Industrials and Financials of note.
Six Month Winners: Energy, Financials and Materials of note.
Twelve Month Winners: Consumer Cyclical, Technology and Materials of note.
Year to Date: Energy, Communication Services, Financials and Materials of note.
Upcoming Earnings Of: (sorted by market cap, highest to lowest with most visible names)
Today After the Close: TME, SNX, GES of note.
Tuesday Before the Open: INFO, HUYA, DOYU, NEOG of note.
Earnings This Morning Of Note:
Erlanger Research Advance/Decline Chart/Table –Updated through 3/19. Yesterday saw weakness.
Gap Ups & Down In Early Pre-Market:
LPTX +29%, SBBP +22%, KSU +18%, BBIO +6%, TBA +4%, LUMO +4%, TSLA +4%
THTX -7%, CLSN -5%, CP -4%
Rags & Mags: Highlighted Stories may be clicked through to the original story.
AstraZeneca (AZN) reports vaccine 79% efficacy.
Ark Investment says Tesla (TSLA) worth $3000 buy 2025. (Ark Investment website)
RingCentral (RING) buys Kindite, no terms.
Current through 3/19 close. Overall confidence moves from 97% to 67%.
Bold means a change from prior day.
The President and The Vice President receive the President’s Daily Brief, Oval Office, 9:50 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 meets virtually with the Senate Democratic Caucus during their annual retreat, Library, 7:00 p.m. EST
Federal Reserve Richmond President Thomas Barkin speaks at 10:30 a.m. EDT.
Federal Reserve Chairman Powell speaks at 9:00 a.m. EDT from the BIS Conference.
Federal Reserve Governor Randall Quarles and Federal San Francisco President Mary Daly speaks at 1:00 p.m. EDT.
Federal Reserve Governor Bowman speaks at 7:15 p.m. EDT.
March Existing Home Sales are due out at 10:00 a.m. EDT and is expected to fall to 6,500,000 from 6,669,000.
Meetings, Sellside Conferences and Industry Conferences
BCRX (Investor Meetings) SNX BBIO (Conference Call) BOX (Webcast)
Sellside Conferences: Piper Sandler Energy Conference (3/22-23) Bank of America Energy & Utilities Conference (3/22-24) Bank of America Electronic Payments Symposium (3/22-23) Bank of America STAARS Conference (3/22)
Canadian Pacific (CP) to buy Kanas City Southern (KSU) for $29 billion.
Synnex (SNX) and Tech Data to combine for $7.2 billion deal.
Upgrades & Downgrades From Sellside Firms – For Up has to be a Buy. For a Down has to be a Sell or Underweight.
Today’s Recommendations: Will be in tomorrow