IPOs Priced or News: None of note.

New SPACs launched: 

Secondaries Priced:  HESM INDT  XENE of note.

Notes Priced of note: ACC GCI WPC of note.

Common Stock filings:  HESM of note.

Pricing of Over-Allotment: 

Direct Offering: 

Selling Shareholders of note: MANU of note.

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

Mixed Shelf Offerings: ALGT AMAL MANU PALT SLHG TSHA 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:

Hovnanian (HOV) lowers Q4 guidance on supply chain delays.

Palantir (PLTR) picks up a win from the Army for intelligence systems and analytics.

CRISPR Therapeutics (CRSP) to host virtual event highlighting CTX110 clinical data.

Tesla (TSLA) hits a near Model Y  sell-out for 2021.

After Hours + PLTR +14% CLXT +10% STIM +9%  and – HESM -8% MANU -7% SWX -3%

Dividend Announcements: Increases:

Stock Split: 

Buyback Announcements: AZO 

After The Hours: Raise Guidance 

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

S&P 500 -44  Dow Jones Industrial Average -278   NASDAQ -178   Russell 2000 -24.86. Fair values are mixed. Asia mixed and Europe lower. VIX is at 22.55 from 22.22 in futures from yesterday. Gold and silver lower with copper higher. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is lower. $ is higher vs Euro, higher vs Pound and lower vs Yen. US 10 year Treasury price is at $131.59 from $131.91 yesterday with yields at 1.535% from 1.518%  yesterday morning. Bitcoin at $52,383 up $1383 or +2.68%.

Tuesday’s Action – 10/5 Close.  

Positive Sectors Monday: Financials, Technology and Communication Services of note.

Negative Sectors Monday: Real Estate and Utilities of note.

One Month Winners: Technology, Communication Services, Real Estate and Energy of note.

Three Month Winners: Technology, Communication Services and Healthcare of note.

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

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

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

Stocks were higher, Bonds were lower, U.S. Dollar higher and Commodities mixed. Updated 10/05 Close.

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

Gap Ups & Down In Early Pre-Market:

Gap up: PLTR +10%, STIM +8%, CLXT +5%

Gap Down: TSHA -15%, HESM -9%, MANU -8%, TAK -5%, RGS -4%

Insider Action: Of note, BNED ORCL and SAFE see Insider buying with dumb short selling and smart short sellers in SXT. 10/6

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

Covid Stats: No update this morning.

President Biden did not back up Federal Reserve Chairman completely and markets take this as a negative about a Powell renomination.

Senate to vote on suspending debt ceiling and if no 60 votes then the House will change filibuster rules only on the debt ceiling. (CNN)

Merck (MRK) looks to more M&A deals. (FT)

General Motors (GM) holds their investor day and will detail revenue expansion plans. (CNBC)

SnapChat (SNAP) saw a 20% increase during the Facebook outage. (Bloomberg)

Robinhood looks at OPEC policy. Looks at NAPA and its distribution.

Moving Average Update

Score at 17% from 40% unchanged. Updated 10/5 Close.

Geopolitical: