Friday, April 6, 2018

Friday 6 Apr 18 Morning Notes

Trumplestiltskin has rekindled greater tradewar talk and of course China has reciprocated in kind. Also, jobs #s out this AM... mkt indicated -1%. I stepped into another LFIN put calendar, this time the Apr/Jun 7.5 for $1.25. Current mkt cap is over $1.6b, should probably be under $40m, probably somewhere closer to $0.0

Earnings: Yesterday AMC:
Today BMO: GBX

Other News: INCY drug trial failed, stock -19%; MU continued weakness from y'day, -4% at 48;
    
Follow Through Names to Watch: LFIN, CONN, LW, MU

GAINERS:

LOSERS:

FLAT:

Follow through watch:
Day before Y'day AMC: FC, OLLI
Yesterday BMO: CONN, LW, RPM, SCHN

Y'day Other News: embattled co. LFIN's CEO was on CNBC last night, much hilarity ensued. The guy needs to find a good lawyer, and fast. MU also getting knocked on analyst d/g this morning

2 days ago AMC: CLDR -33%, PLAY -7%
2 days ago BMO: KMX -3.3%; AYI -10% (CREE -2% on sympathy)

2 Day Old News: Lots of names getting smoked this AM on trade war news - BA, DE, LYB, etc

TT Track of the Day: Eric Clapton - She's waiting

No comments:

Post a Comment