Tuesday, March 10, 2020

Tues 10 Mar 2020 Morning Notes

Market bouncing back a bit this morning, indicating a +3.5% open after getting trounced yesterday. SPY traded in a historically typical fashion, following a -3sd or greater gap lower in the past 20 years, with the index rallying during the day to close higher than open.

Earnings: Yesterday AMC: SFIX; CASY
Today BMO: MTN

Other News:

Follow Through Names to Watch:

GAINERS:
CY: +46% at 22.30 after M&A deal gets approved;

LOSERS

FLAT:

Follow through watch:

Day before Y'day AMC
Yesterday BMO:

Y'day Other News: TLT: +7%; OXY: -42% at 15.70; APA: -35% at 35; CXO: -33% at 39; PXD: -30% at 73; EOG: -30% at 39; SLB: -30% at 17; CVX: -15% at 81; and the list goes on, and on, and on

2 days ago AMC: AOBC, COST, OKTA;
2 days ago BMO:

2 Day Old News:

TT Track of the Day: Need something that speaks to eerie nature of current market, from the Donnie Darko soundtrack, "manipulated living"

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