Tuesday, March 27, 2018

Tuesday 27 Mar 18 Morning Notes

Earnings: Yesterday AMC: RHT
Today BMO: MKC

Other News: LFIN getting crushed on reports that it's an outright fraud, and from what I've read I'd be surprised if it wasn't. OSTK -9.5% on secondary offering, controversial name;
      
Follow Through Names to Watch: PAYX,

GAINERS:

LOSERS:
LFIN: -23% at 47

FLAT:

Follow through watch:
Day before Y'day AMC:
Yesterday BMO: PAYX

Y'day Other News: Market ripping higher this AM as fears of trade war subside; LOW rips 6% on report that CEO is retiring; USG rips 19% on report of possible takeover; FINL rips 30% on t/o at 13.50/share; DBX dropbox IPO was friday priced at 21 I believe and it opened at 31, closed at 29 on the day. Currently up 5% at 30 in pre-mkt.

2 days ago AMC: NKE, MU; KBH, CTAS, HOME
2 days ago BMO:

2 Day Old News: KR pops 6% on rumor of merger with TGT, TGT pops 2% on the news; Steve Wynn sells remainder of his WYNN stake to Galaxy Entertainment, WYNN +4.5%; CCL +1.6% catches 2 u/g's this AM from Barclays and JPM after posting earnings y'day

TT Track of the Day: Fine Young Cannibals - Good Thing

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