Friday 31 Jan 2020 Morning Notes

On a serious win streak this year, shooting 30 for 32. Eagerly awaiting the open of NFG after noticing some large put buys in the otherwise sleepy option name in the Feb 40s heading into numbers.

Earnings: Yesterday AMC: AMGN, AMZN, EA, EW, FLEX, NVST, V, VRTX, WDC, X; CACC, NFG
Today BMO: CAT, CHTR, CL, CVX, HON, ITW, KKR, LYB, PSX, WY, XOM;

Other News:

Follow Through Names to Watch: TSLA, CREE, ILMN 

GAINERS:
NAV: +40% AT 33.70 on VW offering to buy NAV;
AMZN: +10.5% at 2054;
FLEX: +7.5% at 14.07;
WDC: +6.4% at 71;
VRTX: +4% at 242;
IBM: +3.6% on CEO departure/new CEO;


LOSERS:
WWE: -21% at 48.25 on management changes and guidance;

FLAT:

Follow through watch:

Day before Y'day AMC: ADM, ALGN, CREE, CRUS, FB, ILMN, LRCX, LVS, MDLZ, MSFT, NOW, PYPL, TSLA, URI;
Yesterday BMO: ABC, ALXN, APO, BIIB, BX, DD, EPD, GWW, HSY, IP, KO, LLY, MO, NOC, RTN, SHW, TSCO, UPS, VLO, VZ;

Y'day Other News: TSLA: +14% AT 648; NOW: +6% AT 333; MSFT: +5.7% AT 175; LRCX: +4.5% AT 315; CRUS: +4% AT 86.75; CREE: -7% AT 48.50; ALGN: -7% AT 249; ILMN: -5% AT 298; FB: -4.5% AT 208;


2 days ago AMC: AAPL, AMD, EBAY, SBUX, XLNX; CHRW, MTSI, SYK, TXT
2 days ago BMO: ADP, ANTM, BA, DOW, GD, GE, GLW, HES, MA, MCD, MPC, NSC, RCL, SWK, T; ROK

2 Day Old News: LB: +12% at 23 on CEO news; CMTL: -17% at 30.88 to acquire Gilat Satellite Networks; BHVN: -11% at 51.75 on offering; BYND is in the news as CFO faces fraud suit, and Tim Hortons pulls their meat products;

TT Track of the Day: Ol' Dirty Bastard - Shimmy Shimmy Ya