Bring your daughter to the bond slaughter. The beatings in fixed income will continue until morale improves. PFIX continues its ascension higher. I missed NEP getting taken to the woodshed after the co. update on their dividend, I suspect other highly rate-sensitive biz's will have no choice but to take an axe to their guidance and/or dividends.
Not sure I'll be spending much time around the 'ol trading desk this morning as the weather is beyond fantastic, and you can't put a value on that!!
Follow through names to watch:
PNT: +84% at 12.30 on M&A by LLY for $12.50/share cash;
ALXO: +68% at 8.03 on drug data;
ODD: +11.5% at 31.35 on guidance;
ENVX: -11% at 10.65 on guidance/layoffs/restructuring;
Follow through watch:
Day before Y'day AMC:
Y'day Other News:
2 days ago AMC: NKE
2 days ago BMO: CCL
2 days ago Other News: