• 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:
  • VRAR: Filed Form S-1.. 2,250,000 Shares of Common Stock Offered by the Selling Stockholders
  • WB: Launches Global Offering.. aggregate of 11,000,000 Class A ordinary shares
• Pricing of Over-Allotment: None of note.
• Direct Offering: None of note. 
• Selling Shareholders of note: None of note.
• Private Placement of Public Entity (PIPE): None of note.
• Mixed Shelf Offerings: None of note.
• Convertible Offering & Notes Filed: 
  • PRG: Closing of Senior Unsecured Notes Offering and Satisfaction of Tender Offer Financing Condition
• 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: MRNA 25%, LLL 24%, ENTA 22%, AVYA 18%, ENIC 16%, MOV 15%, HTZ 14%, ENIA 14%, NVAX 13%, PVAC 12%, DY 12%, EBS 11%, HPQ 11%, SBLK 11%, GH 10%, COMM 9%, PSTG 9%, SQQQ 9%
  • Trading Down: AUPH -32%, JWN -31%, GPS -28%, PLAN -23%, MMYT -22%, ADSK -21%, TUSK -18%, DESP -18%, LOVE -18%, KURA -17%, PDD -17%, HTHT -17%, TOUR -17%, ACOR -16%, JKS -16%, TISI -16%, ANF -16%, RCKT -15%

• News Items:
  • Stocks That Defined the Week: AA, TGT, DE (Wall Street Journal)
  • U.S. to restrict travel from South Africa, 7 other countries as new Covid variant emerges — (CNBC)
  • NY Governor — declaring a disaster emergency over rising Covid infections
  • Peloton (PTON) trades lower on report it has sued Lululemon (LULU) over apparel line, according to CNBC
  • 737 Max: Boeing (BA) refutes new safety concerns (BBC)
  • Moderna (MRNA) to ‘rapidly advance’ omicron-specific COVID-19 booster candidate (MarketWatch)
  • Japan’s Prime Minister Kishida will seek a 3.0% wage increase during Spring wage talks.
  • Global Fintech, Jeeves, and MasterCard (MA) Join Forces to Offer Fully Locally-Issued Physical and Virtual Cards for Mexican Businesses
  •  Barron’s:
    • Positive View: IBM, THRM, SWCH, NIO, XPEV, LI
    • Negative View: None of note.
    • Mixed View: None of note.
• Exchange/Listing News: 
  • Unico American Corporation (UNAM) Receives Notification from Nasdaq Related to Delayed Quarterly Report on Form 10-Q
• Buyback Announcements: None of note.
• Stock Splits: None of note.
• Dividends Announcements: None of note.

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

S&P 500 +38 Dow Jones Industrial Average +223 NASDAQ +167 Russell 2000 +17. Asia mixed and Europe trading higher. VIX is at 23.60 from 20.95 in futures from Wednesday. Gold, Silver and Copper higher. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is lower. $ is higher vs Euro, lower vs Pound and higher vs Yen. US 10 year Treasury price is at $130.80 from $129.80 with yields at 1.55% from 1.662% on Wednesday morning. Bitcoin at $56,977 from $56,626.99 Wednesday morning and this morning up 3.67%. As of 8:17 a.m. EST.

Friday’s Action – 11/26 Close:  

• Daily Positive Sectors: none of note.
• Daily Negative Sectors: Communication Services, Consumer Cyclical, Technology, Energy, Industrials, Financial, Healthcare, Real Estate, Basic Materials, Consumer Defensive, Utilities 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, Energy, 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.

Blood in the streets with all indexes down and a flight to safety with in Bonds. Updated 11/26 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: APDN +47%, MRNA +10%, LI +7%, BNTX +4%, NVAX +4%, USO +4%, XPEV +3%, HAL +3%, HA +3%
  • Gap Down: FENC -31%, VXX -10%, LOGI -4%

Insider Action: BLL sees Insider buying with dumb short selling and no stock has smart short sellers with insider buys. 11/26 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: MRNA, CCL, ZM (CNBC)
• White House bans air travel from South Africa and seven other African countries as of today due to Covid-19 Omicron.
• Japan, Israel and Morocco close borders due to Omicron. (NYT)
• Thoughts are all over the place on the severity of Omicron variant of Covid-19. (NYT)
• South African Doctor who found the virus looks at symptoms, very good read. (CNBC)
• White House presses individuals to get boosters.
• Vaccine developers have a “pretty good degree of confidence” that Covid-19 booster should protect against Omicron variant notes Dr. Scott Gottlieb. (The Hill)
• Moderna (MRNA) Chief Medical Officer Paul Burton thinks could have a new vaccine for Omicron by early next year. (Bloomberg)
• Moderna (MRNA) CEO Stephane Bancel interviewed on CNBC. Notes Omicron variant is highly infectious, vaccine effectiveness could drop, 2-6 week for clarity and any country with flights from South Africa to their country have the variant in their country. Travel restrictions can slow down the virus. (Bloomberg)
• Democrats Tackle Changes to $2 Trillion Spending Plan as Deadlines Loom (Wall Street Journal)
• Airlines Avoid Thanksgiving Pitfalls as Daily Passengers Top Two Million (Wall Street Journal)
• Black Friday in store shopping dropped 28% from 2019 because shoppers spread out shopping throughout the holiday season (XRT, WMT, TGT, BBY, COST, HD, LOW, AMZN, M, KSS, JWN). (CNBC)
• WHO update on new coronavirus variant: “There is currently no information to suggest that symptoms associated with Omicron are different from those from other variants”
• WHO urges countries around the world not to impose travel bans on southern African nations due to concerns over the new omicron variant.

Moving Average Update:

• Score dive bombs to 30% from 66%. Updated 11/26 close.

Geopolitical: