• IPOs Priced or News:
• New SPACs launched: None of note.
• Secondaries Priced: None of note.
• Notes Priced of note: None of note.
• Common Stock filings/Notes:
  • DH: Closing of Follow-On Offering of 11,000,000 Shares of Class A Common Stock
  • EDSA: Filed Form 424B5.. Up to $15,000,000 Common Shares
  • INDI
  • ME: 23andMe Announces Redemption of All Outstanding Warrants
  • PTC: Filed Form S-3ASR..10,582,010 Common Stock
  • USWS: Filed Form S-3.. 33,737,606 shares of Class A Common Stock
  • VRT
• Pricing of Over-Allotment: None of note.
• Direct Offering: 
  • MAG MAG Silver announces US$40 mln bought deal financing
• Selling Shareholders of note: None of note.
• Private Placement of Public Entity (PIPE): None of note.
• Mixed Shelf Offerings:
  • DXCM: Filed Form S-3ASR Mixed Shelf
  • GECC: Filed Form N-2.. $100,000,000 Mixed Shelf
  • GNTY: Filed Form S-3.. $150,000,000 Mixed Shelf
  • JAGX: Filed Form S-3.. $75,000,000 Mixed Shelf .. 309,242 Secondary Offering
• Convertible Offering & Notes Filed: None of note.
• Note Offerings Filed:
  • COTY: Prices $500 Million of Senior Secured Notes

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

News After The Close:

• After Hours: 
  • Trading Up: SITM +8%, EBS +8%
  • Trading Down: URBN -12%, TUYA -7%, ZM -6%, mag -4%, A -3%

• News Items:
  • U.S. — RUSSIA `CLOSE’ TO USING ENERGY AS WEAPON IN EUROPE (SM) 
  • ARRY Array Tech announces planned retirement of CEO Jim Fusaro
  • Thanksgiving Travel will Test Airlines (NY Times)
  • US House Democrats Call For Biden To Ban Oil Exports And Tap Emergency Reserves – CNN
  • US Treasury Sec Yellen: Price Pressures To Subside As Life Normalizes In 2022 – `Not Worried’ About A Re-Run Of 1970s Inflation
  • Fed’s Bostic (Bloomberg TV):
    • Could Be Open To Pulling Forward Another Rate Hike If Appropriate For 2022 – But Also Open To Pushing Them Back Too Depending On How Pandemic Plays Out
    • Strong Jobs Reports Would Add To Case For Faster Taper – On Inflation Side Expects Numbers To Continue Coming In Strong
    • Good Arguments To Be Made To Consider Faster Fed Taper. Should Be Open To Considering Speeding Up Taper Pace
  • Asset Under Mgmt Updates: None of note.
• Stock Split: None of note.
• 13F Filing: None of note.
• Exchange/Listing News: 
  • ECHO Halt – Additional Information Requested by NASDAQ
  • GRMN Garmin announces transfer of listing to the New York Stock Exchange
  • PUMP: ProPetro Announces Settlement of Previously Disclosed Securities and Exchange Commission Matter
  • UFS SiTime Set to Join S&P MidCap 400; EBS Emergent BioSolutions to Join S&P SmallCap 600
• Buyback Announcements:
  • ANF
  • CBRE
• Dividends Announcements:
  • HRL
  • SJI

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

S&P 500 -0.19 Dow Jones Industrial Average +43 NASDAQ -27 Russell 2000 -0.75. Asia flat and Europe trading lower. VIX is at 19.58 from 19.17 in futures from yesterday. Gold and Silver trading down. WTI Crude Oil and Brent Oil Futures lower by 0.4%. Natural Gas is up 4%. $ is flat vs Euro, flat vs Pound and flat vs Yen. US 10 year Treasury price is at $129.60 from $130.00 with yields at 1.662% from 1.625% on Tuesday morning. Bitcoin at $56,626.99 from $56,057.92 Tuesday morning up +1.06%. As of 8:17 a.m. EST.

Monday’s Action – 11/22 Close:  

• Daily Positive Sectors: Energy, Basic Materials, and Consumer Defensive of note.
• Daily Negative Sectors: Technology, Communication Services, Healthcare, and Consumer Cyclical 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, Communication Services, and Technology of note.
• Year to Date Winners: Energy, Technology, and Communication Services  of note.

Technology pulls down the indexes with Nasdaq down 1.26%. USO and UNG split with oil up 1.25% and gas down 4.7%. Updated 11/22 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: AADI +45%, SITM +5%, ARWR +4%, EBS +4%, XPEV +4%, DY +3%
  • Gap Down: URBN -12%, ZM -8%, GOEV -4%, MAG -3%, ARRY -3%, A -3%

Insider Action: COMM, ATCX, and SIX sees Insider buying with dumb short selling and no stock has smart short sellers with insider buys. 11/22 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 To Start Your Day. (Bloomberg)
• Five Things To Know This Morning. (CNBC)
• Stocks Making The Biggest Moves: BBY, ZM, URBN   (CNBC)
• The Biden Administration is considering sending military advisers and equipment to Ukraine amid concerns over Russian invasion (RSX). (CNN)
• TSA screened 2,081,064 people at airport security checkpoints nationwide yesterday, Monday, Nov. 22. It was the fifth consecutive day with checkpoint volume topping the 2M mark.
• Selloff in Highly Priced Tech Stocks Is Pressuring Hedge Funds That Piled In (Bloomberg)
• BABA BIDU China’s industry ministry and public security summon Alibaba Cloud and Baidu Cloud and urge them to implement requirements for cracking down on telecom network fraud.
• BlackRock Says Time to Buy China Stocks, Trim India Exposure (Bloomberg)
• TSLA Tesla Cybertruck reservation backlog reaches $80 billion in value based on latest tally — Electrek 

Moving Average Update:

• Score drops to 63% from 73%. Updated 11/22 close.

Geopolitical: