Boiler Room: The Official Stock Market Discussion

[Domingo Halliburton]

US oil rig count:

idled 98 this week to 1,358

 

[Ohene]

haven't heard much from this a$$hole recently:

It's crazy...Allergan is now (deservedly imo) worth more in the markets than Valeant is

 

[Domingo Halliburton]

currency matrix:

 

[无名的]

Forgot to mention earlier... Sharebuilder is decent, but is fukking awful with options. I'll go to trade an option and the contract isn't there, so I have to ask them to add it. Today I asked them to add SPY mini options and they came back at me saying they're doing away with mini options due to lack of interest... everyone, that is, not just Sharebuilder.

 

[Domingo Halliburton]

Forgot to mention earlier... Sharebuilder is decent, but is fukking awful with options. I'll go to trade an option and the contract isn't there, so I have to ask them to add it. Today I asked them to add SPY mini options and they came back at me saying they're doing away with mini options due to lack of interest... everyone, that is, not just Sharebuilder.

No liquidity. Those brokers / dealers dont want to be caught holding that.

Edit: You would think on spy they could do it though.

 

[无名的]

An IPO I missed out on that I'm kicking myself for, which may be topped out for the near-term, but I think is a long-term buy ... AMC

 

[Domingo Halliburton]

ECONOMIC REPORTS

Domestic economic reports scheduled for today include:
Empire State manufacturing business conditions index for February at 8:30--consensus 8.5
NAHB housing market index for February at 10:00--consensus 58

ANALYST RESEARCH

Upgrades

ADT Corp. (ADT) upgraded to Outperform from Perform at Oppenheimer
Aspen Aerogels (ASPN) upgraded to Outperform from Neutral at RW Baird
Banco Bilbao (BBVA) upgraded to Outperform from Underperform at Exane BNP Paribas
Campus Crest (CCG) upgraded to Buy from Hold at Wunderlich
Greenhill & Co. (GHL) upgraded to Positive from Neutral at Susquehanna
Support.com (SPRT) upgraded to Buy from Neutral at BofA/Merrill
Teleflex (TFX) upgraded to Buy from Hold at KeyBanc
Turkcell (TKC) upgraded to Buy from Neutral at Goldman
Watsco (WSO) upgraded to Neutral from Underweight at JPMorgan
Yara (YARIY) upgraded to Neutral from Sell at UBS

Downgrades

American Express (AXP) downgraded to Neutral from Buy at Guggenheim
Freescale (FSL) downgraded to Sector Perform from Outperform at RBC Capital
IMAX (IMAX) downgraded to Hold from Buy at Canaccord
LyondellBasell (LYB) downgraded to Neutral from Buy at Citigroup
Nordstrom (JWN) downgraded to Underweight from Equal Weight at Barclays
Rayonier (RYN) downgraded to Sector Perform from Outperform at RBC Capital
Sotheby's (BID) downgraded to Market Perform from Outperform at Cowen
Zayo Group (ZAYO) downgraded to Underperform from Neutral at Macquarie

Initiations

Box, Inc. (BOX) initiated with a Market Perform at BMO Capital
Box, Inc. (BOX) initiated with a Market Perform at Wells Fargo
Box, Inc. (BOX) initiated with a Neutral at JPMorgan
Box, Inc. (BOX) initiated with a Sector Perform at Pacific Crest
Euronav NV (EURN) initiated with a Buy at Citigroup
Macy's (M) initiated with an Underweight at Barclays
NetSuite (N) initiated with an Underperform at Exane BNP Paribas
Pattern Energy (PEGI) coverage resumed with an Outperform at BMO Capital
Regeneron (REGN) initiated with an Outperform at Bernstein
Trovagene (TROV) initiated with an Overweight at Piper Jaffray
Vista Outdoor (VSTO) initiated with a Market Perform at Cowen

COMPANY NEWS

Transocean (RIG) announced the departure of CEO Steven Newman along with an 80% annual dividend cut to 60c from $3.00
Fairfax Financial (FRFHF) acquired Brit PLC for $1.88B
Starwood (HOT) appointed Adam Aron as interim CEO
Campus Crest Communities (CCG) announced that its board authorized the company to explore a range of strategic, operational and financial alternatives to further enhance shareholder value
Enable Midstream Partners (ENBL) announced that it will reduce its workforce by approximately 10% during 2015
Canadian Pacific (CP) said it and the Teamsters Canada Rail Conference agreed to enter into binding arbitration, putting an end to the work stoppage by CP's locomotive engineers and conductors

EARNINGS

Companies that beat consensus earnings expectations last night and today include:
CryoLife (CRY), USA Technologies (USAT), USA Compression (USAC), VASCO Data Security (VDSI), MSA Safety (MSA), United Stationers (USTR), Vipshop (VIPS), Sykes Enterprises (SYKE)

Companies that missed consensus earnings expectations include:
United Fire Group (UFCS), Pioneer Energy (PES), Regal-Beloit (RBC), Helix Energy (HLX), Vectren (VVC)

Companies that matched consensus earnings expectations include:
Wolverine World Wide (WWW)

NEWSPAPERS/WEBSITES

Apple (AAPL) working on minivan-like electric vehicle, WSJ reports
ValueAct buys 30M shares of Halliburton (HAL) after Baker Hughes (BHI) deal, Bloomberg reports
H Partners to demand CEO change at Tempur Sealy (TPX), WSJ reports
Liberty Global (LBTYA) may become takeover target, NY Times reports
Cybersecurity firm Kaspersky warns of cyber attack on banks, FT reports
McDonald's (MCD) holder CtW Investment Group seeks board changes, WSJ reports
Tesco (TSCDY) to cut up to 10,000 jobs, Telegraph reports
Investors should avoid Exxon (XOM), Chevron (CVX), ConocoPhillips (COP), Shell (RDS.A), Barron's says
Credit Suisse (CS) could rise over 20%, Barron's says
Dollar General (DG) shares could rise 20%, Barron's says

 

[Domingo Halliburton]

Rumors that Tencent could be possible takeover target by BABA

 

[Futuristic Eskimo]

This Greece situation is getting precarious. Might have to close my position in EZU. That FX hedged fund I wanted to get in (HEDJ) was restricted by my firmDont think I want euro exposure right now.

 

[无名的]

Some schmuck speculated that AAPL would buy TSLA in 18 months for $75B



But still... has me dreaming about buying 100 $500 Jan 16 TSLA calls for a little under 4k and making a million.

 

[Futuristic Eskimo]

Some schmuck speculated that AAPL would buy TSLA in 18 months for $75B



But still... has me dreaming about buying 100 $500 Jan 16 TSLA calls for a little under 4k and making a million.

 

[Bernie Madoff]

Some schmuck speculated that AAPL would buy TSLA in 18 months for $75B



But still... has me dreaming about buying 100 $500 Jan 16 TSLA calls for a little under 4k and making a million.

I've read a bunch of articles that believe Apple is trying to corner the market on the dashboard of cars, not the car itself. Haven't really done any research though.

 

[Domingo Halliburton]

Warren Buffett dumped his Exxon stake less than a year after he bought it. This is way out of character for him.

 

[Ohene]

Northland Capital initiates GPRO coverage with an Outperform rating and $70 price target explaining the rise today.

Figures. It will probably give a lot of this back in the next couple weeks though at which point I'll swoop in

 

[Ohene]

Whole Foods Market has been beasting ever since I mentioned it last summer. From $37 to $55