Tuesday, February 6, 2018

Tuesday 6 Feb 18 Morning Notes

Earnings: Yesterday AMC: CRUS, NOV, NTR, OCLR, SWKS
Today BMO: ABC, ADM, AGN, BP, CMI, EMR, GM, LITE, SPGI, TPR

Other News: The market got smoked yesterday with the S&P falling 4.2% and the Dow falling 4.6%. Then the volatility markets imploded or exploded depending on how you were trading them. This was truly something else. Lots of talk about lawsuits against Credit Suisse; however, if anyone actually took the time to read the prospectus one would quickly realize it will basically be impossible to win at trial as CS clearly states their ETNs are worth $0.
      
Follow Through Names to Watch: BMY, HES, WFC, 
 
GAINERS:

LOSERS:

FLAT:

Follow through watch:
Day before Y'day AMC:
Yesterday BMO: BMY, HES, SYY

Y'day Other News: WFC getting knocked 8% this morning; BG and ADM pop in the pre mkt on report that ADM may make offer for BG, ADM reports AMC today; PRTA had news Friday after the close that its Chief Medical Officer was resigning, PRTA was called out by MuddyWaters last June, apparent vindication on MW part;

2 days ago AMC: AMZN, ATHN, DATA, DECK, EW, GOOG, GPRO, MAT, V
2 days ago BMO: CHTR, CLX, CVX, DB, LYB, MRK, PSX, S, SNE, WFT, WY, XOM

2 Day Old News: Dell confirms it may IPO (didn't it *just* go private??) or combination with VMW (+2%);

TT Track of the Day: Sending this one out to all the unfortunate XIV holders out there with no recourse, NIN - The downward spiral

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