>>> US Gapping up


Gapping up
In reaction to strong earnings/guidance
: ATEN +17.8%, IM +16.3%, NLS +16.2%, ABMD +15.1%, ELNK +12.4%, CHUY +11.7%, ECOM +9.8%, (also Names David Spitz Chief Executive Officer and Scot Wingo Executive Chairman), AMRI +7.4%, UBS +7.1%, EFOI +7.1%, NLNK +7%, SSE +6.7%, CRTO +5.8%, TXRH +5.3%, MERU +4.5%, EL +4.5%, MNK +4.4%, DENN +4.1%, ININ +4.1%, NUVA +3.8%, TCPI +3.7%, LMNX +3.6%, CYNO +3.5%, CKEC +3.2%, CTT +3.1%, MATX +3%, SALE +2.9%, THC +2.1%, IDTI +2.1%, CGNX +1.9%, AEGR +1.8%, HCP +1.8%, BLMN +1.7%, OZM +1.5%, ZTS +1.4%, DISCA +1.4%, DISCA +1.4%, LPX +1.2%, GTN +1.1%, H +1.1%, VMC +1%, CDE +0.9%, ALLT +0.9%, APC +0.8%, PLOW +0.8%, PCOM +0.8%, NTI +0.8%, HW +0.8%, AFSI +0.8%

Select oil/gas related names showing strength with WTI up ~2% pre-mkt
: EXXI +5.7%, OAS +2.2%, SDRL +1.9%, RIG +1.7%, XOM +0.8%, CVX +0.8%

Other news: PTBI +45.1% (Soros Fund Management disclosed 5.17% passive stake in 13G filing), GLNG +17.1% (Ophir Energy plc appoints Golar as midstream partner for Fortuna FLNG project in Equatorial Guinea), ECOM +9.8% (named David Spitz CEO and Scot Wingo Executive Chairman effective today; co also reported earnings), JAH +4.4% (following yesterday's positive mention by Pershing Square's Ackman), ISIS +3.4% (favorably commentary on Monday's Mad Money), ZIOP +2.4% (announces the initiation of a Phase 1 study of Ad-RTS-hIL-12 plus veledimex), BCO +2.1% ( Starboard Value discloses 8.2% active stake in 13D filing), ARWR +2% (announced that it completed dosing volunteers and will begin dosing patients in its on-going Phase 1 study of ARC-AAT), BNFT +1.8% (announced the signing of a reseller agreement with SAP), ISSI +1.6% (Starboard Value increased active stake to 11.5% from 9.9% in amended 13D filing)

Analyst comments: CONN +8% (upgraded to Outperform from Perform at Oppenheimer), TSLA +3.5% (initiated with a Buy at Jefferies; tgt $350), NFLX +2.2% (upgraded to Buy at BofA/Merrill), ALU +2.1% (upgraded to Buy from Neutral at Citigroup), ASEI +2.1% (upgraded to Buy at The Benchmark Company), SAFM +1.9% (upgraded to Overweight from Equal Weight at a boutique firm), ARRS +1.8% (upgraded to Buy from Neutral at Goldman), CYNI +1.7% (upgraded to Neutral from Underweight at JP Morgan), JBLU +1.4% (upgraded to Overweight from Neutral at JP Morgan), ETN +1.2% (upgraded to Overweight from Neutral at JP Morgan)