Superstock Investor
Member Login   RSS ->
James DiGeorgia, Mr. Macro
- Chief Editor -
Mr. Macro
Geoff Garbacz, Mr. Micro
- Chief Strategist -
Mr. Micro
Dan Hassey, Mr. Retirement
- Senior Stock Analyst -
Mr. Retirement
Superstock Investor


[Printable Version of This Page]

Market Matters:

Futures -2 on S&P 500
by Geoff Garbacz & Staff Writers

January 14, 2020

IPOs on deck:  None of note.

IPOs Filed:  None of note after the close.

Secondaries Priced:   STAG of note.

Notes Priced: None of note.

Common Stock filings: STAG of note.

Mixed Shelf Offerings: None of note.

Convertible Offering Files: None  of note.

Senior Notes Filed:  None of note.

Courtesy of IPO Financial

Earnings After The Close:

Beat:

None of note.

Missed:

 None of note.

Hourly Action This Week: Updated 1/10

News After The Close (In Order of Time)

Vonage (VG) CFO Dave Pearson to retire the end of May.

GameStop (GME)  holiday comp falls 24,7%.

NASDAQ (NDAQ) December 2019 saw 147 million contracts trade versus 136 million in November and 146 million in December 2018.

Clouder (CLDR) names Robert Bearden as CEO.

TreeHouse Foods (THS) cancels sale of cereal business to Post (POST).

Ethan Allen (ETH) guides December EPS and revenues lower.

JetBlue (JBLU) sees traffic up 5.7% from 4.4% a year ago.

Activist investor builds position in Merit Medical (MMSI).

Stock Repurchase Announcements:  None of note.

Dividend Increase:None of note.

Gap Higher: RTIX +92%, ICHR +12%, PHAS +11%, MMSI +11%, PERI +7%, BYND +6%, TCS +6%, APHA +5%, ZUMZ +5%, ACM +4%, MCK +4%

Gap Lower: STML -16%, GME -10%, ACIW -6%, ETH -5%, BSX -5%

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 +10  NASDAQ -1 Russell 2000 -3.31. Fair values are mixed. Asia  and Europe higher to mixed.

Gold,silver and copper lower. WTI Crude Oil  and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, lower vs Pound and higher vs Yen. US 10 year Treasury price is at $129 from $128.97 with yields at 1.842% from 1.835%. Prices as of 8:15 a.m. EDT.

Positive Sectors On Monday: Consumer Goods, Industrials and Technology of note.

Negative Sectors On Monday: Healthcare of note.

One Month Winners: Technology, Conglomerates, Consumer Goods and Services.

Three Month Winners: Healthcare, Consumer Goods and Technology.

Six Month Winners: Consumer Goods, Healthcare, Technology, Industrials and Financials.

Twelve Month Winners: Consumer Goods,Technology, Industrials and Services.

Year to Date:  Technology,Conglomerates, Industrials, Consumer Goods and Services.

Upcoming Earnings Of Note (sorted by market cap, highest to lowest)

Today After The Close:  

WAFD OGI of note.

Wednesday Before The Open:

BAC UNH USB GS BLK PNC of note.

Earnings This Morning Of Note

Beat:

DAL +0.31, JPM +0.21, C +0.06, INFO +0.04 of note.

Missed:   

WFC -0.17, APHA (0.01) of note.

Still to Report: FRC, WIT

Rags & Mags: Highlighted Stories may be clicked through to the original story.

Top News Story:  

Stocks making the biggest moves. (CNBC)

5 Things To Know To Start Your Day. (Bloomberg)

What is in Phase One Trade Deal with China? (CNBC)

China pledges to buy another $80 billion of goods over two years, with $50 billion in energy product. (Reuters)

China pork imports up 75% in 2019. (Bloomberg)

Amazon (AMZN) seeks court order to block Microsoft (MSFT) from starting to work on $10 billion JEDI contract. (Reuters)

Blackrock (BLK) CEO Larry Fink in his annual letter says climate change issues bigger than the financial crisis of 2008. (CNBC)

Senator Chuck Schumer (D NY) writes letter to President Trump stating a bad trade deal could hurt U.S. for years to come. (CNBC)

J.P. Morgan (JPM) kicks off earnings season with a nice beat. (CNBC)

Stock Index Tracking

All  stock indexes have improved recent weakness. Current through 1/13 close.

Bold means a change from prior day.

Courtesy of Phil Erlanger Research, Inc.

Economic & Related:

The latest NYSE and NASDAQ Short Interest was  out after Friday’s close and saw NYSE fall by -0.92% and NASDAQ rise by 1.96%.

NFIB Small Business Optimism Index is due out at 6:00 a.m. EDT and came in last month at 104.7.

December CPI is due out at 8:30 a.m. EDT and is expected to rise to 0.2% from -0.2%.

The latest API Petroleum Institute Data is due out at 4:30 p.m. EDT.

Geopolitical:      

President Trump will receive his intelligence briefing at 2:45 p.m. EDT and then depart to Milwaukee, WI for a Keep America Great Rally at 7:00 p.m. EDT.

Federal Reserve New York President John Williams to speak at 9:00 a.m. EDT.

Federal Reserve Kansas City President Esther George to speak at 1:00 p.m. EDT.

Meetings, Calls & Conferences

Investor/Analyst Days & Conference Calls of Note: ISEE (investor meeting) CSCO & GS joint call, RTIX (Conference Call)

Sellside Conferences: Commerzbank German Investment Seminar (1/13/2020-1/15-2020). Morgan Stanley Annual Latin America Executive Conference (1/13/20-1/14/20). UBS Midstream, MLP & Utilities One on One Conference (1/13/20-1/15/20). UBS Greater China Conference (1/13/2020-1/1/2020).  JP Morgan Annual Healthcare Conference (1/13/2020-1/16/2020). Santander Annual LatAm Conference (1/14-1/17). Needham Annual Growth Conference (1/14-1/15). Bank of America Battery and Storage Forum (1/14)

Industry Conferences: American Society for Reconstructive Microsurgery Annual Meeting (1/10-1/14). American Society for Peripheral Nerve Annual Meeting. (1/10-1/12). NFR 2020:Retail’s Big Show (1/11/20-1/14/20). Advanced Automotive Battery Conference Europe 2020 (1/12/20-1/16/2020). American Association for Cancer Research Special Conference on Advances in Liquid Biopsies (1/13/2020-1/16/2020). ICR Xchange Conference 2020 (1/13/2020-1/15/2020). EBD Group Biotech Showcase 2020 (1/13/2020-1/15/2020).

M&A Activity

Visa (V) to buy Plaid for $5.3 billion.

Perion Network (PERI) to buy Content IQ for $73.5 million.

Upgrades & Downgrades

Market Matters Archives

FREE SERVICES

Morning Briefing

Get the information you need to make profitable decisions first thing in the morning. Access to the information is FREE, not knowing it could cost you a bundle!

SUBSCRIBER SERVICES

Superstock Investor Newsletter

Published once a month. Get the big picture, what happened last month and predictions for the month ahead.

Investors Edge

Take advantage of the knowledge provided by people who live to monitor the Stock Market. People like:

  • Phil Erlanger
  • Tom McClellian
  • Mohan
  • Geoff Garbacz
  • Steve Weintz

Get access to information from publications like:

  • The Kiplinger Letter
  • The Agile Trader
  • McClellan Market Report
  • Gold and Energy Options Trader
  • Mohan's Market Force

***

Not a Subscriber?

[Superstock Investor Newsletter]

Superstock Investor's goal is to provide subscribers a steady stream of original stock ideas with an emphasis on takeover candidates. These are companies that have flown onto our radar screens as potential takeover targets, or special situations with some catalyst promising to send their shares soaring. Continue..