Thursday 11 June 2020 Morning Notes

Market taking a nosedive lower here on some macro concerns. After rallying for some reason close to $7, HTZ is back below $2, makes complete sense and I'll be looking to flip my July 2-1 spread.. which might make up for how poorly I traded TDC, got crushed when Naj pumped it.. I figured that was going to happen too, and debated flipping my position into the Naj pump. Had he not pumped it, TDC options would have been crushed.

Earnings: Yesterday AMC:
Today BMO: PLCE

Other News: GRUB pops on M&A with a European food co; TDC ripped yesterday on t/o speculation and a CNBC pump from Naj;

Follow Through Names to Watch: NKLA, SFIX, COUP, CLDR

GAINERS:
RETA: +24% at 162 on strategic investment;
GRUB: +5.6% at 62 on M&A all stock deal;

LOSERS:


FLAT:

Follow through watch:

Day before Y'day AMC: CHWY, FIVE, GME; AMC, LAKE, VRNT
Yesterday BMO: GES, RRGB, UNFI

Y'day Other News: LAKE: +51% at 24.20; APT: +21% at 13 on LAKE sympathy; FIVE: +11.5% at 116; CHK: -17% at 19.65 on bankruptcy chatter; WATT: -16% at 2.70, had ripped like 50% toward EOD on patent news y'day;

2 days ago AMC: COUP, CASY, GGAL
2 days ago BMO:  SIG, SFIX, TIF; CONN, HDS, MOV, GCO, LOVE

2 Day Old News: 

TT Track of the Day: Schubert - Symphony #5 in B flat major