Wed 05 Aug 2020 Morning Notes

It's been a rather bizarre earnings season thus far, with mostly muted reactions both into numbers and after numbers. Looking at another busy morning with all of these names reporting.

Earnings: Yesterday AMC: ANET, ATVI, BYND, DIS, DVN, FOXA, MCHP, MNST, MTCH, NKLA, PAA, PXD, TWLO, WW, WYNN
Today BMO: ABC, CPRI, CVS, HUM, LL, MRNA, REGN, SSYS, TEVA, W

Other News: TDOC -6% to merge w/LVGO +7% in $18.5b deal;

Follow Through Names to Watch: AIG, CRUS, RNG, SPCE, THC, TTWO, WMB

GAINERS:
NVAX: +20% at 189 on drug data;
LPSN: +16% at 54 on earnings;
SQ: +12% at 153.24;
CPRI: +11% at 15.55;
MTCH: +7% at 117;
DIS: +5% at 122.30;

LOSERS:
VAPO: -27% at 38.39 on earnings;
NEWR: -22% at 57 on earnings;
NKLA: -12% at 32.08;
MCHP: -7% at 100;
WW: -5.55 at 25.38;
TWLO: -5% at 271.80;

FLAT:

Follow through watch:

Day before Y'day AMC: AIG, CLR, CRUS, KLAC, MOS, RNG, RRC, SPCE, THC, TTWO, WMB
Yesterday BMO: AMRN, BP, CYBR, EMR, KKR, MNK 

Y'day Other News: MOS: +7.5% at 14.70;TTWO: +4% at 174; DBVT: -35% at 2.64 on FDA news, I'm old enough to remember when this was getting pumped by big outlets as being a sure bet, lol; MNK: -34% at 1.49 on Ch 11 talk; SPCE: -9% at 21.90 on earnings/offering; THC: -5.3% at 25; DEO: -4% at 142 on earnings, STZ potential sympathy;

2 days ago AMC: 
2 days ago BMO: CLX, HSBC, MCK, MPC, RACE, TSN; L

2 Day Old News: ADT: +61% at 14 on GOOGL stake; VAR: +22.5% at 174.85 on t/o deal; CODX: +12% at 27.06; MPC: +6% at 40.40 on asset sales/earnings; MCK: +4.2% at 156.50; ALRM: -9.4% at 63.50 on GOOGL/ADT stake; L: -5% at 34.50; SNAP: -2% at 22 on TikTok news;

TT Track of the Day: Deep Purple - Space Truckin', a band way ahead of its time.. not that I'm a huge fan, but the whole groove metal scene can thank these guys