Monday, March 16, 2020

Mon 16 Mar 2020 Morning Notes

Market RIPPED into the close on Trump's press pumper prior to the close. Made some good money flipping low delta options on AVGO. Left about $5k on the table, had I waited 2 more minutes to close my positions. Ugh.

Market getting absolutely trounced this morning after a surprise Fed Funds rate cut to 0% last night. SPY is indicated 11% lower at 240 and stock futures have been halted last night.

Earnings: Yesterday AMC:
Today BMO: NBEV

Other News:

Follow Through Names to Watch:

GAINERS:

LOSERS:

FLAT:

Follow through watch:

Day before Y'day AMC: AVGO, ADBE, GPS, ORCL, ULTA, WORK
Yesterday BMO: JBL,OSTK

Y'day Other News: Cruise lines absolutely ripping this morning, up 20-30% apiece (compare that line to yesterday, lol)

2 days ago AMC: WPM;
2 days ago BMO: DG; GCO, WUBA

2 Day Old News: Cruise lines getting absolutely thrashed this morning, down 20-30% apiece.

TT Track of the Day: A day like today calls for some introspective house music, Richie Hawtin set from London in Nov '19

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