Tuesday, June 16, 2020

Tues 16 June 2020 Morning Notes

Market popping here, up 3% from yesterday's open on report of Trump's infrastructure plan.

Earnings: Yesterday AMC: LEN
Today BMO: LEN

Other News:

Follow Through Names to Watch: IRBT, JKS

IQ: +38% at 26.50 on report Tencent to buy large stake;
WW: +14% at 29 on biz update;
LLY: +10% at 156 on drug update;
MAS: +4.5% at 49.15 on biz update;
MCD: +1.3% at 192 on biz update;



Follow through watch:

Day before Y'day AMC:
Yesterday BMO: JKS

Y'day Other News: GNUS: +19% at 4.95 after Schwarzenegger takes position in the co; IRBT: +8% at 81;  HTZ: -21% at 2.21, lawyer says completely lawful for co. to sell $1b in stock even though it'll probably be worthless;

2 days ago AMC: ADBE, LULU, PLAY
2 days ago BMO: 

2 Day Old News: GRUB pops on M&A with a European food co; TDC ripped yesterday on t/o speculation and a CNBC pump from Naj; RETA: +24% at 162 on strategic investment; GRUB: +5.6% at 62 on M&A all stock deal;

TT Track of the Day: Going with another throwback, Bryan Adams - Run to you

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