• IPOs Priced or News: None of note.
• New SPACs launched: None of note.
• Secondaries Priced: None of note.
• Notes Priced of note: None of note.
• Common Stock filings/Notes:
  • AGEN: Filed Form S-3ASR.. 650,000 Shares of Common Stock
  • LNC: Filed Form S-3ASR.. 2,802,000 Shares
  • PTPI: Filed Form S-1.. 3,453,616 Shares of Common Stock
  • STAF: Filed Form S-3.. 9,718,360 Shares of Common Stock
• Pricing of Over-Allotment: None of note.
• Direct Offering: None of note.
• Selling Shareholders of note:
  • NEXT: Filed Form S-3.. 2,175,856 shares of Common Stock for Sale by the Selling Shareholders
  • MAX: Filed Form S-3.. 34,935,871 Class A Common Stock for Sale by Selling Shareholders
  • ARRY: Filed Form S-3ASR.. UP TO 7,875,000 Shares of Common Stock for Sale by Selling Shareholders
• Private Placement of Public Entity (PIPE): None of note.
• Mixed Shelf Offerings:
  • FREE: Filed Form S-3.. $250,000,000 Mixed Shelf
  • LSF: Filed Form S-3.. $100,000,000 Mixed Shelf
  • MIST: Filed Form S-3.. $250Million Mixed Shelf
  • OMC: Filed Form S-3ASR.. Mixed Shelf
  • PRLD: Filed Form S-3.. $400,000,000 Mixed Shelf
  • TACT: Filed Form S-3.. $50,000,000 Mixed Shelf
• 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:

• Weekly Wrap Up: Best and Worst performing large cap stocks:
  • Trading Up: TTD 46%, NEWR 40%, ACB 28%, RGS 28%, CGC 28%, APLS 26%, SAIL 25%, FTCH 24%, UBX 24%, CENX 22%, TLRY 21%, FOSL 21%, PVG 20%, ARRY 20%, TRQ 18%, RNG 18%, QDEL 17%
  • Trading Down: TISI -45%, EHTH -31%, PRTY -28%, FSM -25%, CSII -23%, TCMD -22%, HTZ -22%, EYE -21%, ALKS -20%, DDD -20%, TPIC -20%, HAE -20%, JOBS -19%, TELL -18%, FRPT -18%, AGS -18%, NLS -18%, TXMD -18%, REI -18%, NVTA -17%

• News Items:
  • Bitcoin Creator Satoshi Nakamoto Could Be Unmasked at Florida Trial (Wall Street Journal)
  • Dollar Tree (DLTR) trades up +3% on news that Mantle Ridge LP has $1.8 billion stake and is seeking changes. (WSJ)
  • TAL Education (TAL) to stop offering academic subjects to K-9th grade in China at fiscal year end, will impact revenues in a significant way.
  • Several 13Fs filed by several hedge funds including Baupost Group,Trian Fund, Soros Fund
  • Asset Under Mgmt Updates: None of note.
  •  Barron’s:
    • Positive View: M, ANF, SPG, JWN, SIG, CAL, PFE, EVGO, MLM, VMC, VLTA, RIVN, NICE, RNG
    • Negative View: JNJ
    • Mixed View: None of note.
• Stock Split: None of note.
• Exchange/Listing News: None of note
• Buyback Announcements:
  • REGN: Regeneron Announces $3 Billion Share Repurchase Program
• Dividends Announcements:
  • CBT

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

S&P 500 +7.48 Dow Jones Industrial Average +97.77 NASDAQ +26.53 Russell 2000 +4.76. Asia and Europe mixed. VIX is at 20.60 from 18.85 in futures from yesterday. Gold, silver and copper lower. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is lower as well. $ is higher vs Euro, lower vs Pound and higher vs Yen. US 10 year Treasury price is at $130.77 from $130.48 with yields at 1.558% from1.568% Friday morning. Bitcoin at $65,778 from $63,989 Friday morning up 2.51% in early morning trading. As of 8:15 a.m. EST.

Friday’s Action – 11/12 Close:  

• Daily Positive Sectors: Communication Services, Technology, Industrials, Consumer Cyclical of note.
• Daily Negative Sectors: Energy of note.
• One Month Winners: Consumer Cyclical, Technology, Industrials of note.
• Three Month Winners: Energy, Consumer Cyclical, and Technology of note.
• Six Month Winners: Technology Communication Services, Consumer Cyclical of note.
• Twelve Month Winners: Energy, Financials and Technology of note.
• Year to Date Winners: Energy, Technology, and Communication Services  of note.

Stocks were monstly up led by NDX 100 at 1%.  UNG continues its up/down yo-you action pulling back -6%. Updated 11/12 Close.

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

Gap Ups & Down In Early Pre-Market:

• • Gap Up: EYPT +53%, MESO +13%, LXRX +13%, JSPR +9%, TWKS +7%, DNA +4%, ACM +3%
  • Gap Down: OTLY -15%, BTAI -13%, EVGO -8%, TAL -5%, LIVN -4%, WMG -3%

Insider Action:  CLR, CAKE, LIVN sees Insider buying with dumb short selling and GHL has smart short sellers with insider buys. 11/12 close

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

• Five Things To Know This Morning. (CNBC)
• Stocks Making The Biggest Moves: OTLY, TSLA, DLTR  (CNBC)
• Covid Cases rise in the U.S. to 126,958 from 89,711 a week ago
• Pfizer (PFE) Covid vaccine generates the most antibodies study finds. (Bloomberg)
• President Joe Biden is expected to decide as soon as this week whether to re-nominate Federal Reserve Chairman Jerome Powell for a second stint as Fed chair or pick Federal Reserve Governor Lael Brainard instead or appoint her as Vice Chairman. (The Wall Street Journal)
• U.S. and Japan to start talks on aluminum and steel tariffs. (Reuters)
• CBO to release partial scoring on the Budget Reconciliation Bill but House moderates want full scoring. Debt ceiling may need another continuing resolution to fund government. (Politico)
• U.S. Appeals Court bans vaccine mandate on companies with more than 100 employees (NYT)
• Treasury Secretary Yellen notes that labor shortages are tied to Covid-19 (CBS News)
• Republicans have the largest lead in midterm election voting preference in over 40 years. (ABC News)
• CEO Elon Musk Taunts Sanders, Suggests He’ll Sell More Tesla (TSLA) Stock (Bloomberg)
• Federal Reserve Minneapolis President Neel Kashkari: Policy Shouldn’t Overreact To Inflation – CBS Interview
• President Biden Must Tap Oil Reserves To Lower Gasoline Prices, Senator Majority Leader Chuck Schumer (D-NY) Says
• Textron (TXT) picks up a $143 million contract from the Royal Thai Air Force
• Frontier Group Holdings orders 91 additional Airbus A321neo Aircraft
• Boeing receives order from Emirates for two 777s

Moving Average Update:

• Score jumps to 90% from 66%. Updated 11/12 close.

Geopolitical: