IPOs Priced or News:

New SPACs launched: Horizon Acquisition Corporation (HZAC) merges with Vivid Seats and will trade as SEAT.

Secondaries Priced: None of note.

Notes Priced of note: CCNE of note.

Common Stock filings: DLO  of note.

Pricing of Over-Allotment: UPH

Direct Offering: OPGN

Selling Shareholders of note: TASK VNOM of note.

Private Placement of Public Entity (PIPE): None of note.

Mixed Shelf Offerings: None of note.

Convertible Offering & Notes Filed: None of note.

Note Offerings Filed:  None of note.

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

News After The Close:

Rent The Runway looks to go public at $1.5 billion valuation.

SEC Mem Stock Report out. (Bloomberg)

U.S. Democrats to scale back Treasury’s IRS bank reporting plan amid GOP uproar (Washington Post)

Tupperware (TUP) sells its House of Fuller beauty business in Mexico, no terms.

Index Changes KRG to S&P 400 with HRMY TREE to S&P 600 before open on Friday.

Health Canada seeks to use the Pfizer (PFE) and BioNTech (BNTX) Covid-19 vaccine in children aged 5 to 11.

After Hours: + ETTX +23% HRMY +13% TREE +4%  and – DLO -8% TASK -7% EVER -6%.

Dividend Announcements: Increases: 

Stock Split: 

Buyback Announcements: 

What’s Happening This Morning: Futures value reflects the change with fair value.

S&P 500 +20  Dow Jones Industrial Average +155   NASDAQ +57  Russell 2000 +12 . Fair values are mixed. Asia higher and Europe mixed. VIX is at 19.55 from 20.28 in futures from yesterday. Gold, silver and copper higher. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is lower. $ is lower vs Euro, lower vs Pound and lower vs Yen. US 10 year Treasury price is at $130.70 from $130.66 yesterday with yields at 1.602% no change from yesterday morning. Bitcoin at $62,244 from $60,880 up $918 or +1.50% in morning trading.

Monday’s Action – 10/18 Close.  

Positive Sectors Monday:  Consumer Cyclical, Technology, Communication Services of note.

Negative Sectors Monday: Utilities, Healthcare and Consumer Defensive of note.

One Month Winners: Energy, Financials and Materials of note.

Three Month Winners: Energy, Financials and Materials of note.

Six Month Winners: Energy, Technology and Communication Services of note.

Twelve Month Winners: Energy, Financials and Communication Services of note.

Year to Date: Energy, Communication Services and Financials of note.

Stocks were higher especially Tech, Bonds were up, Natural Gas off by 7%. Updated 10/18 Close.

   

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

Gap Ups & Down In Early Pre-Market:

Gap up: ETTX +22%, HRMY +12%, UAVS +12%, WVE +8%, BTG +4%, ACMR +3%, FNB +3%

Gap Down: PACW -7%, DLO -6%, TASK -6%, EVER -5%, KRG -4%

Insider Action: None of note today. No stocks sees Insider buying with dumb short selling and no smart short sellers with insider buys this morning. 10/19

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 Moving – PG TRV JNJ. (CNBC)

Five Things To Know To Start Your Day. (CNBC)

Treasury Secretary Yellen noted that government will operate through 12/3 until next debt ceiling hit. (WSJ)

FDA will soon approve mixing and matching of vaccines. (NYT)

Judge orders details of collusion between Facebook (FB) and Google (GOOGL) to be released. (NY Post)

Bitcoin ETF will debut today. (Bloomberg)

Robinhood looks at first Bitcoin linked ETF. Roblox (RBLX) needs adults plus a kid’s safe metaverse.

Moving Average Update

Score at 100% unchanged. Updated 10/18 close.

Geopolitical: 

Monday Recommendations