April 22 Wednesday Morning Notes

Es: +0.05% (+1.00) at 2092.25
10yr: -0.47% (-.09) at 1.907
Vx: +0.17% (.025) at 15.15
Cl: Flat at 56.60

Earnings names on watch: AMGN, ABT, BA, BK, BRCM, CMG, CREE, DFS, DHI, EMC, ILMN, ISRG, KO, MCD, URI, VMW, YHOO, YUM

GAINERS:
ANGI: +16% at 7.15, 296k - earnings, possibly YELP sympathy
BRCM: +6.25% at 46.71, 273k - earnings
YUM: +3.3% at 83.56, 151k - earnings
MCD: +2.5% at 97.22, 307k - earnings
AMGN: +2.4% at 172.52, 25k - earnings
KO: +2.2% at 41.70, 405k - earnings
VMW: +1.4% at 86.58, 10k - earnings

LOSERS:
CMG: -5.4% at 653.50, 56k - earnings
URI: -4% at 94.00, 50k - earnings
ISRG: -2.7% at 532, 560 - earnings
CREE: -2.5% at 34.20, 4.5k - earnings
BA: -1% at 151.85, 66k - earnings

Earnings moves, #s listed are avg/max/min/last Q gap moves then avg/max/min post-earnings moves:
BA: gap: 5.4/-5.3/3.2/5.4
pem: 2.59/5.13/1.00
CMG: gap: 16/-21/10.38/-6.97
pem: 4.75/11/1.89
CREE: gap: 22/-22/11.12/4.76
pem: 5.45/7.8/1.6
KO: gap: 5.69/-6.03/2.87/2.84
pem: 1.76/2.22/1.18
MCD: gap: 0.69/-4.46/1.5/-1.46
pem: 1.32/1.6/0.7
YHOO: gap: 10.3/-8.7/4.3/-3.19
pem: 3.46/7.5/1.3

YESTERDAY RECAP:

0943hrs - APC had a t/o rumor which saw the stock pop, then drop afterwards. It was an old XOM rumor.
0947hrs - GILD had an Ackman stake rumor. The stock popped about 4% on the day, there was other news in the name so tough to attribute it all to that rumor.
EA saw large volume in the weekly 57 ITM calls that sent the stock popping.
CSX saw more wild call buying and a big ramp in IV toward the end of the day