Monday 24 Feb 2020 Morning Notes

There was certainly some kegged dynamite on Friday, shot 5 for 5 on straddles, though I left some good money on the table.. per usual. Earnings season is beginning to slow down and stocks without weeklies are now about as far out from their expiration as they can get with 26 days to March opex.

Market taking a bit of a nosedive on macro concerns with Covid-19 (coronavirus) and possible Bernie Sanders as dem ticket. The S&P is set to gap -3% lower based on pre-mkt trading. 

Earnings: Yesterday AMC:
Today BMO: CRI, CTB

Other News: 

Follow Through Names to Watch:

GAINERS:
GILD: +7.8% at 75.03, on WHO saying their drug seems effective for Covid-19;

LOSERS:
SPY: -3% at 323.50 on macro concerns;

FLAT:

Follow through watch:

Day before Y'day AMC: COG, DBX, FSLR, OLED, PBYI, ZS; AERI, BLDR, BOOM, BYD, EHTH, FSLY, LTHM, TXRH
Yesterday BMO: DE, TECK

Y'day Other News:

2 days ago AMC: CAKE, CAR, ET, LOPE, MOS, NVTA, PXD, SAM, SNBR, STMP, TVTY, WMB, Z
2 days ago BMO: CSTM, DPZ, HFC, HRL, I, NEM, SO

2 Day Old News: STMP: +37% at 126.26; Z: +20% at 62.60; CAR: +18% at 48.67; PXD: +7% at 144.55; SNBR: +3% at 58; TVTY: -34% at 15.14; SAM: -9% at 389; NVTA: -8.3% at 25; LOPE: -5% at 82; CSTM: -4% at 12.20;

TT Track of the Day: Alright, I try not to post the same song twice but it's been almost 3 years and with the market dropping here, the following track seems appropriate. Strung Out - Ashes