Wednesday, November 6, 2019

Wed 6 Nov 2019 Morning Notes

EarningsYesterday AMC: DVN, PAA, WLL, WW; GWPH, NUS, NEWR, MTCH, FANG, PLT, 
Today BMO: COTY, CPRI, CVS, CYBR, HUM, IONS,LL, PRGO, PZZA; 

Other News: UBER lockup expires today, stock off -5% in pre-mkt. I was wondering why IV remained jacked after posting earnings yesterday, figured something was afoot. WBA had report during mkt hours yesterday of possible LBO, stock popped 3% on that news; 

Follow Through Names to Watch:  

GAINERS:


LOSERS:
 

FLAT: 

Follow through watch:  

Day before Y'day AMC: CC, ED, HIG, MAR, MOS, NTR, OXY, PXD, SHAK, THC, TNDM, UBER; 
Yesterday BMOAGN, AMRN, BDX, EMR, ICPT, MYL, REGN, TPR; 

Y'day Other News: PTON reports Wednesday BMO and I can't believe how cheap options are. Seems like they should be pricing in at least a +/- 20% move, currently priced at +/- 13.5% which implies a move of about 8%.

2 days ago AMC: ANET, OLN, PINS; AYX, CAR, MELI, CRC, CDNA, 
2 days ago BMOBHC, RACE, S, SYY, UA;

2 Day Old News: BGNE: +30% at 170 on AMGN stake;
FIT: +17% at 7.24 on GOOG buyout at 7.35/share. Odds of a bidding war with Google are extremely low, so I doubt any one else steps in to throw out an offer; ANET: -28% at 175; PINS:-22% at 19.60; FND: -10% at 41; CAR: -9% at 27;

TT Track of the Day: KMFDM - megalomaniac, techno meets metal

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