Earnings Out After The Close Of Note:
IPOs Priced or News: Honest (HNST) files to go public. Didi Chuxing files for IPO. The Uber of China.
New SPACs launched:
Secondaries Priced: None of note.
Notes Priced of note: None of note.
Common Stock filings: None 0f note.
Selling Shareholders of note: REVG INMB UBER SRNE of note.
Private Placement of Public Entity (PIPE):
Mixed Shelf Offerings: BLK OLB of note.
Convertible Offering & Notes Filed: None of note.
Note Offerings Filed: None 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:
McGrath RentCorp (MGRC) buys Kitchens To Go, no terms.
Alamos (AGI) buys 15.9 million common share of Manitou Gold at $0.08.
Aramco to sell 49% in oil pipelines to international consortium. (WSJ)
Raytheon (RTX) CFO Anthony O’Brien and names Neil Mitchill as replacement, upos Q1 EPS guidance.
Barron’s + on GS AFRM BWA IIVI and – on CS with mixed thoughts on cruise stocks.
What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction.
S&P 500 -7 Dow Jones Industrial Average -60 NASDAQ -37 Russell 2000 +3.13 Fair values are mixed. Asia lower and Europe mixed. VIX is at 18.55 from 18.50, yesterday, this morning in futures. VIX closed at 16.69 from 16.95 and the three month futures at 20.74 from 20.59.
Gold, silver and copper lower. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro, lower vs Pound and lower vs Yen. US 10 year Treasury price is at $131.70 from $131.64 with the yield at 1.673% unchanged. Bitcoin $ 60306.13 this morning up $589 and +0.99%.
Friday’s Action – 4/9. Despite PPI coming in at 1.0% Gold via GLD and other Commodities failed to rally. Pay attention to that trend.
Positive Sectors On Friday: Industrials, Healthcare and Technology.
Negative Sectors On Friday: Energy, Consumer Defensive and Materials 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: None of note.
Tuesday Before the Open: FAST of note.
Earnings This Morning Of Note:
Erlanger Research Advance/Decline Chart/Table –Updated through 4/9.
Gap Ups & Down In Early Pre-Market:
Gap up: PHIO +9%, BABA +6%, CRDF +6%, SYBX +5%, SPPI +5%, TCRR +4%, NCNA +4%, GLYC +4%
Gap down: GLSI -9%, INMB -6%
Rags & Mags: Highlighted Stories may be clicked through to the original story.
Chip shortage hits Apple (AAPL) iPad production. (Bloomberg)
Uber (UBER) had its strongest month in company history.
Index Moving Averages: The Russell 2000 broke back below its 5 and 20 day moving averages despite the other indexes breaking out to new highs. 4/9
March Treasury Budget is out at 2:00 p.m. EDT and came in last month at $-118.9 billion with expectations of $-659 billion.
Meeting & Conferences of Note:
SIG ZUO NVDA OTCM BPMC ( Investor Meeting) TELA ONCY INCY (Webcast)
Sellside Conferences: Needham Annual Healthcare Conference (4/12-15)
Industry Conferences: None of note.
Microsoft (MSFT) to Buy Nuance Communications (NUAN) for $56 a share.
Upgrades & Downgrades of Note From Sellside Firms: