Tuesday, December 31, 2019

Tues 31 Dec 2019 Morning Notes

The Fed ended up backstopping the repo market, which put the kibosh on my JPM straddle.. but helped the majority of my portfolio, so "meh". Regardless, there was something to that Zoltan piece and I can't imagine being short vol and being wholly unaware of the risks inherent to the repo mkt.

Probably won't be doing much today, so I'll see everyone in 2020. Damn, does time fly.

Earnings: Yesterday AMC:
Today BMO:

Other News:

Follow Through Names to Watch: NIO, AXSM, RAD

NIO: +16% at 4.40 after massive 100% rip yesterday on earnings;
SINA: +5% at 3% at 38 on buyback plans; 

CLB: -18% at 39, on guidance;
RAD: -5% at 15.20, on short squeeze deflation;


Follow through watch:

Day before Y'day AMC:
Yesterday BMO: NIO

Y'day Other News: SVRA: +140% at 4.21 on drug data, has options on it but only 2.5 and 5 strikes; MAXR: +9% at 15.55 on asset sales; MYGN: +5.3% at 28.20 on drug data, has made quite the rebound since large put sales in May options; AXSM: +4% at 106 on drug data, slapped w/$200 pt this AM; WVE: -33% at 10.50 on drug data, had already gotten smoked like -50% two weeks ago; RAD: -6.5% at 18.95 after short squeeze begins to lose steam;

2 days ago AMC:  
2 days ago BMO

2 Day Old News: FLXN: +20% at 22.50 on drug data; RAD: +% at 22.17, stock has ripped since earnings last week #shortsqueeze; AXE: +1.9% at 93 on higher bid from WCC; RH: -2% at 222.50 after getting bumped *up* to the midcap index from the small cap index, kinda funny

TT Track of the Day: a video for New Years, but from London in 2018.. point is the same

No comments:

Post a Comment