• IPOs Priced or News: Closing of HOUR IPO and over allotment.
• New SPACs launched:
• Secondaries priced:
  • RC prices 7 million shares.
• Notes Priced of note: None of note.
• Common Stock filings/Notes:
  • RC: Public Offering of 6 million shares of common stock..
• Pricing of Over-Allotment: None of note.
• Direct Offering: None of note.
• Selling Shareholders of note:
  • BZFD files 112,304,633 shares by selling shareholders
• Private Placement of Public Entity (PIPE): None of note.
• Mixed Shelf Offerings:
  • RC of note.
• Note Offerings Filed: None of note.
• Convertible Offering & Notes Filed: 

Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box as well as other sources.

News After The Close:

• After The Close Biggest Winners & Losers:
  • • Biggest Gainers: SRLP +7% 
    • Biggest Losers: BIIB -7.1% RC -3%
• News After The Close:
  • • Assets Under Management (AUM) reports out APAM IVZ AB BEN.
    • Biogen (BIIB) gets Medicare coverage only for Aduhelm only for patients in clinical trials.
    • Higher Guidance  NPCE 
    • Lower Guidance PHG.
• Exchange/Listing/ Company Reorg and Personnel News
  • • Allete (ALE) CFO Robert Adams to retire..
• Buyback Announcements
  • • ALLY announced a $2 billion share repurchase authorization.
    • IART to buy back $125 million shares.
• Stock Splits:
  • • None of note
• Dividend Changes:
  • • ALLY ups dividend to $0.30 from $0.25.

What’s Happening This Morning:

S&P 500 +7, Dow Jones +60, NASDAQ +39 and Russell 2000 -0.50 . Asia and Europe higher. VIX Futures are at 20.90 from 21.62 yesterday morning. Gold, Silver and Copper higher. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro, lower vs Pound and higher vs Yen. US 10 year Treasury price is at $128.20 from $128.58 yesterday with yields at 1.734% from 1.762% yesterday morning. Bitcoin at $43.341.32 from $41,840  yesterday morning and +1.23%. As of 8:25 a.m. EST.

Tuesday’s Action – 1/10 Close:  

• Daily Positive Sectors: Almost all sectors ex Utilities led by Energy, Materials and Consumer Cyclical.
• Daily Negative Sectors: Utilities.
• One Month Winners: Energy, Financials and Materials of note.
• Three Month Winners: Materials, Consumer Defensive and Technology of note.
• Six Month Winners: Energy, Financials and Technology of note.
• Twelve Month Winners: Energy, Real Estate, and Financials of note.
• Year to Date Winners: Energy, Financials and Materials of note.

The major indexes were all in the green. Other assets were green as well.  Updated 1/10 close.

Upcoming Earnings Of Note: (sorted by market cap, highest to lowest with most visible names)

• Gap Up:  SRLP +7%, PRCT +4%, PSTL +4%, MFG +4%, ALLY +3%, IART +3%
• Gap Down: PHG -15%, BIIB -10%, RC -4%, NSR -3%, ACRS -3%

Insider Action: Insider action of note this morning with heavy short selling where the short get it wrong SAFE ASAN  ZYME. Shorts get it right in SMAR.

Rags & Mags: Highlighted Stories may be clicked through to the original story.  Repeated stories from prior days never listed, i.e. “rehashed news”.

• Stocks Making the Biggest Moves: DASH DIDI PHG OCGN AJRD BIIB DISH GRUB (CNBC)
• Covid cases rocket to 1,406,530 cases from 828,417 a week ago. Hospitalizations at 119,115 from 85,423. Deaths hold between 1,500 and 2,000 a day.
• China factories and supply chains are being impacted by lockdowns. (WSJ)
• White House may offer to provide KN95 mask to all Americans. (Politico)
• DirectTV (T) and Dish Networks (DISH) in merger talks. (NY Post)

Moving Average Update

• Score rose to 60% from 27%. Updated 1/10 close.