>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:

  • SALT +3%

Select metals/mining stocks trading higher:

  • AG +2%, EXK +1.9%, AUY +1.7%, KGC +1.6%, AU +1.5%, PAAS +1.4%, GDX +1.3%, GOLD +1.2%, SLV +0.8%, GLD +0.7% 

Other news:

  • ACHN +17.6% (FTC granted early termination of the waiting period to pending acquisition to ALXN)
  • AVXL +1.4% (announces achievement of enrollment target for the Anavex Phase 2 parkinson's disease dementia clinical trial)
  • ABBV +1.1% (AbbVie and Allergan (AGN) announce agreements to divest Brazikumab and Zenpep)
  • NH +0.7% (reports data demonstrating effectiveness of Eviti Connect)

Analyst comments:

  • DNLI +3.4% (upgraded to Buy from Neutral at Goldman)

>>> US Early premarket gappers

Early premarket gappers

  • Gapping up: EHTH +16.6%, ACHN +16.2%, TEAM +9.3%, INTC +6.1%, NXGN +4.2%, CERS +3.9%, AG +2.1%, AU +2%, EXK +1.4%, PAAS +1.4%, GOLD +1.4%, GDX +1.4%, GFI +1.1%, SLV +1.1%, AUY +1%, GLD +0.8%, NEM +0.7%, KGC +0.6%
  • Gapping down: HSC -15.1%, BZUN -7.4%, BIDU -6.2%, WB -6.1%, BABA -6%, MLCO -5.8%, VIPS -5.8%, LVS -5.7%, DFS -5.6%, MGM -4.6%, NVDA -3.9%, STM -3.8%, MU -3.8%, TSLA -3.5%, UAL -3.5%, OIS -3.4%, CCL -3.2%, USO -3.2%, HAL -3.1%, JBLU -3.1%, ISRG -2.9%, MRO -2.7%, DAL -2.7%, AAL -2.6%, LUV -2.3%, AAPL -2.2%, SLB -2.2%, PSX -2.2%, ETFC -2%, BP -1.8%, RDS.A -1.7%, TOT -1.7%, SWKS -1.7%, XLE -1.6%, XOM -1.3%

>>> Europe : Brokers Upgrades & Downgrades - 27th of January 2020 V2 (+)

>>> Up
* Babcock Raised to Add at Peel Hunt
* Bonduelle Raised to Buy at Gilbert Dupont (+)
* Bureau Veritas Raised to Buy at Berenberg
* Computacenter Raised to Buy at Berenberg; PT 2,150 pence
* DCC Raised to Buy at Peel Hunt
* GN Store Nord Raised to Hold at MainFirst; PT 344 kroner
* IMCD Raised to Buy at Berenberg
* Just Eat Raised to Overweight at Barclays; PT 1,018 pence
* Mowi Raised to Buy at SEB Equities; PT 250 kroner
* Primary Health Raised to Buy at Liberum (+)
* Ricardo Raised to Add at Peel Hunt
* Rosneft Raised to Buy at BofA (+)
* RPS Group Raised to Add at Peel Hunt
* Vectura Raised to Buy at Peel Hunt; PT 114 pence

>>> Down
* Ashtead Cut to Hold at Peel Hunt
* Bunzl Cut to Sell at Berenberg
* Burberry Cut to Hold at MainFirst; PT 2,071 pence (+)
* Elisa Oyj Cut to Underperform at BofA (+)
* Equiniti Cut to Hold at Peel Hunt
* FFP Cut to Hold at HSBC; PT 113 euros
* Gazprom Cut to Neutral at BofA (+)
* GBL Cut to Reduce at HSBC; PT 83 euros
* Horizon Discovery Cut to Hold at Peel Hunt
* Intu PT Cut to 14 pence from 28 pence at Liberum (+)
* Johnson Matthey Cut to Underperform at BofA (+)
* Lloyds Banking Group Cut to Neutral at Mediobanca SpA (+)
* LPKF Cut to Reduce at HSBC; PT 16 euros
* Medica Cut to Reduce at Peel Hunt
* NCC Cut to Hold at Berenberg
* SEB Cut to Hold at HSBC; PT 150 euros
* Serco Cut to Hold at Peel Hunt
* SFC Energy Cut to Reduce at Commerzbank; PT 9.20 euros
* Silence Therapeutics Cut to Hold at Peel Hunt

>>> Initiation


>>> Call
* Arion 4Q Negative Effects Seen Insignificant for Capital: Citi
* Bureau Veritas, IMCD Now Top Business Services Ideas: Berenberg
* Computacenter Raised to Buy From Hold at Berenberg on U.S. Boost (+)
* *UK GENERAL RETAIL SECTOR VIEW CUT TO CAUTIOUS: MORGAN STANLEY
* Swatch, Richemont, Burberry Most Exposed to New Virus Risk: RBC
* Watch Italian Stocks After Salvini’s Defeat in Key Local Vote

>>> Stoxx 600 PRe-Market Indications

  • Rheinmetall (RHM TH) -2.2%
  • Sanofi (SNW TH) -2.4%
  • Deutsche Bank (DBK TH) -2.4%
    • Germany Probes Deutsche Bank Payments to Saudi Royal Adviser: FT
  • LVMH (MOH TH) -2.5%
    • Swatch, Richemont, Burberry Most Exposed to New Virus Risk: RBC
    • Luxury, Travel Stocks May Fall Again as Coronavirus Spreads
  • K+S (SDF TH) -2.7%
  • Dialog Semi (DLG TH) -2.7%
  • Fiat Chrysler (2FI TH) -2.8%
    • Fiat Seeks Dismissal of GM Suit Over Alleged Union Bribes (1)
  • Johnson Matthey (JMT2 TH) -2.9%
    • Johnson Matthey Cut to Underperform at BofA
  • Infineon (IFX TH) -3.2%
  • Evotec SE (EVT TH) -3.5%
    • Virus Fears Drive Sell-Off in Stocks, Oil, Yuan: Markets Wrap

>>> TradeGate Pre-Market Indications

DAX:
  • Lufthansa (LHA TH) -1.6%
    • China Deaths Jump as Containment Fails to Slow Spread of Virus
  • BMW (BMW TH) -1.6%
  • Linde (LIN TH) -1.6%
  • Deutsche Bank (DBK TH) -1.7%
    • Germany Probes Deutsche Bank Payments to Saudi Royal Adviser: FT
  • Infineon (IFX TH) -3.2%
MDAX:
  • Sartorius (SRT3 TH) -2.4%
    • Watch Energy Stocks, Miners as Oil, Metals Drop on Virus Fears
  • Varta (VAR1 TH) -2.4%
  • Dialog Semi (DLG TH) -2.5%
  • Siltronic (WAF TH) -2.7%
  • Evotec SE (EVT TH) -4%
SDAX:
  • Borussia Dortmund (BVB TH) +1.2%
  • Shop Apotheke (SAE TH) +1.2%
  • HelloFresh (HFG TH) +1.1%
  • Hamburger Hafen (HHFA TH) -1.7%
  • Nordex (NDX1 TH) -1.8%
  • Aixtron (AIXA TH) -2.2%
  • Wacker Neuson (WAC TH) -2.3%
  • S&T (GROA TH) -3.2%

>>> Europe : Brokers Upgrades & Downgrades - 27th of January 2020

>>> Up
* Babcock Raised to Add at Peel Hunt
* Bureau Veritas Raised to Buy at Berenberg
* Computacenter Raised to Buy at Berenberg; PT 2,150 pence
* DCC Raised to Buy at Peel Hunt
* GN Store Nord Raised to Hold at MainFirst; PT 344 kroner
* IMCD Raised to Buy at Berenberg
* Just Eat Raised to Overweight at Barclays; PT 1,018 pence
* Mowi Raised to Buy at SEB Equities; PT 250 kroner
* Ricardo Raised to Add at Peel Hunt
* RPS Group Raised to Add at Peel Hunt
* Vectura Raised to Buy at Peel Hunt; PT 114 pence

>>> Down
* Ashtead Cut to Hold at Peel Hunt
* Bunzl Cut to Sell at Berenberg
* Equiniti Cut to Hold at Peel Hunt
* FFP Cut to Hold at HSBC; PT 113 euros
* GBL Cut to Reduce at HSBC; PT 83 euros
* Horizon Discovery Cut to Hold at Peel Hunt
* LPKF Cut to Reduce at HSBC; PT 16 euros
* Medica Cut to Reduce at Peel Hunt
* NCC Cut to Hold at Berenberg
* SEB Cut to Hold at HSBC; PT 150 euros
* Serco Cut to Hold at Peel Hunt
* SFC Energy Cut to Reduce at Commerzbank; PT 9.20 euros
* Silence Therapeutics Cut to Hold at Peel Hunt

>>> Initiation


>>> Call
* Arion 4Q Negative Effects Seen Insignificant for Capital: Citi
* Bureau Veritas, IMCD Now Top Business Services Ideas: Berenberg
* *UK GENERAL RETAIL SECTOR VIEW CUT TO CAUTIOUS: MORGAN STANLEY
* Swatch, Richemont, Burberry Most Exposed to New Virus Risk: RBC
* Watch Italian Stocks After Salvini’s Defeat in Key Local Vote