>>> US Gapping Down

Gapping down
In reaction to disappointing earnings/guidance: PKT -25.1%, VOXX -16.4%, SZMK -13.9%, MCHP -11.1%, KN -10.8%, MTW -8.9%, JNPR -7%, JOEZ -5%, FDO -1%

Select Semi names showing weakness: NXPI -4.4%, ATML -4.1%, STM -3.9%, LLTC -3.1%, ALTR -2.7%, ASML -2.1%, AVGO -2%, MU -1.9%

Select metals/mining stocks trading lower: CVE -3.3%, RIO -2.2%, GOLD -1.9%, AU -1.2%, GFI -1%

Select oil/gas related names showing early weakness: SDRL -2.5%, STO -2.2%, BHP -2.1%, TOT -1.7%, RIG -1.6%, HAL -0.4%

Other news: GTAT -29.5% (reportedly looking to close down its saphire business, according to court documents),  TSLA -6.2% (following run-up into Model D event, also neg mention on Mad Money), MBLY -4.8% (news that new Tesla (TSLA) Model D will have self driving features), TKMR -3.4% (cont volatility), THLD -2.3% (disclosed that it has licensed rights to a development program from the University of Auckland based on the clinical-stage oncology compound Hypoxin; co expects to initiate a Phase 2 study of Hypoxin), RDS.A -2.3% (still checking), PTCT -2.3% (prices 3 mln shares of common stock at $36.25), SM -1.9% (sees Q3 production of 13.1 MMBOE, or 142.5 MBOE/d, at low end of previously provided guidance), SYMC -1.6% (announces new strategy to fuel growth and plans to separate into two public companies), GPRO -1.3% (founder Silicon Valley Community Foundation filed 13D), YHOO -1.2% (still checking), AMGN -1.1% (BiTE Immunotherapy Blinatumomab receives FDA Priority Review designation in acute lymphoblastic leukemia)

Analyst comments: BDSI -3.4% (downgraded to Hold from Buy at ROTH Capital), NDSN -3.4% (downgraded to Hold from Buy at BB&T Capital Mkts), GRPN -3.1% (downgraded to Sell from Equal Weight at Evercore), JCP -2.5% (downgraded to Sell at Maxim Group), ICLR -1.8% (downgraded to Neutral from Buy at ISI Group), BTI -1.2% (downgraded to Sell from Neutral at Goldman) 

>>> US Gapping up

Gapping up 
In reaction to strong earnings/guidance: INFY +5.6%, HELE +3%, PLUG +2.7%

Other news: EXAS +35.8% (positive CMS determination over Cologuard), APT +26% (following 27% move higher yesterday with ongoing Ebola fears), SCMP +19.2% (Sucampo Announces Settlement Agreement That Resolves Patent Litigation in U.S. Related to AMITIZA), ALXA +16.8% (provided update on ADASUVE U.S. Commercial Progress; Alexza shipped 32,278 units in the third quarter, completing the ADASUVE initial product inventory stocking), CVEO +12.6% (Greenlight capital discloses 9.99% active stake in 13D filing), STV +6.9% (cont volatility pre-mkt), ISIS +5.3% (reports data from ISIS-SMN Rx Phase 2 studies in infants and children with spinal muscular atrophy), VNET +4.7% (establishes joint venture with Foxconn (FXCNY)), ARIA +3.7% (announced that Pharmacovigilance Risk Assessment Committee of EMA concluded review of Iclusig and has recommended that Iclusig continue to be used in Europe in accordance with its already approved indication), BX +2.7% (planning advisory spin-off, according to reports), ECOL +2.5% (to replace MEAS in the S&P SmallCap 600), OXLC +2.1% (adopted repurchase program of up to $35 mln worth of common stock), KGJI +1.6% (announces initial shipment of 24-karat gold jewelry product samples to Middle East)

Analyst comments: SCMP +19.2% (upgraded to Buy from Hold at Maxim Group), NDLS +0.9% (initiated with an Outperform at BMO Capital Mkts ), WDC +0.7% (initiated with a Buy at Jefferies), NRP +0.7% (upgraded to Outperform from Market Perform at Wells Fargo), BUD +0.5% (added to Conviction Buy List at Goldman) 

(Esquire) The Artesian In London Named Best Bar In The World


The Artesian In London Named Best Bar In The World (Again)
10 October 2014By Rachel Fellows
Last night, the 50 Best Bars in the World were announced, placing London hotspot The Artesian at number one.
This is the third year in a row that the bar at The Langham hotel has bagged the award, which is decided by an international panel of industry experts that runs into the hundreds.
Drinks International awarded second place to The Dead Rabbit in New York, which is run by Northern Irelanders Sean Muldoon and Jack McGarry, with London also scooping third with Old Street speakeasy, Nightjar.
The Artesian’s head bartender, Alex Kratena, is known for his unique form of artistry, with previous menus featuring drinks served atop balloons that deflated to release complimentary aromas. The current menu includes the Selfie Compatible, where you suck chocolatey smoke through a straw as a precursor to the liquid part of the drink, and the impressive-looking Camouflage, which comes in a giant gold pineapple but will surprise your palate when you give it a go.
Overall, London did rather well out of the awards, with the most entries of any city, worldwide. Here are the capital’s top five from the full list:
1 | The Artesian (#1 in the world)
The Langham, 1C Portland Place, London, W1B 1JA
artesian-bar.co.uk
2 | Nightjar (#3 in the world)
129 City Road, London, EC1V 1JB
barnightjar.com
3 | The American Bar (#8 in the world)
The Savoy, Strand, London, WC2R 0EU
fairmont.com/savoy-london
4 | The Connaught Bar (#11 in the world)
The Connaught, Carlos Place, Mayfair, London W1K 2AL
the-connaught.co.uk
5 | Happiness Forgets (#12 in the world)
8-9 Hoxton Square, London, N1 6NU
happinessforgets.com

>>> ARIA +7.5% pre-open on news of Europe approval of Iclusig

Ariad Pharm announced that Pharmacovigilance Risk Assessment Committee of EMA concluded review of Iclusig and has recommended that Iclusig continue to be used in Europe in accordance with its already approved indications  

PRAC recommends no change to approved indication in Europe

Fwd:>>> ARIA - Moves up on call activity - Oct 4.5 calls traded 3K contracts
From: LAURENT CHEKROUN () At: Oct 9 2014 17:13:59
To: LAURENT CHEKROUN ()
Subject: Fwd:>>> ARIA - Moves up on call activity - Oct 4.5 calls traded 3K contracts
Moves up on call activity - Oct 4.5 calls traded 3K contracts
{ARIA US Equity GIP<Go>}

(MAKOR) Technical Trade Ideas - Sell US Financials - BAC, MS, GS,JPM and Cit

TECHNICAL VIEWS:

 

Important to Note: On the financial sector there is also bearish reversal on other banks

 

·         Bank of America on a close today below 16.91 = BEARISH WEEKLY REVERSAL & SELL SIGNAL with a stop above 17.41

·         Morgan Stanley on a close today below 34.19 = BEARISH WEEKLY REVERSAL & SELL SIGNAL with a stop above 35.40

·         Goldman Sachs on a close today below 183.11 = BEARISH WEEKLY REVERSAL & SELL SIGNAL with a stop above 189.50

·         JPM Chase on a close today below 59.63 = BEARISH WEEKLY REVERSAL & SELL SIGNAL with a stop above 60.80

·         City Bank on a close today below 51.75 = BEARISH WEEKLY REVERSAL & SELL SIGNAL with a stop above 52.67

 

And on the other side of the terrace:

 

GOLD – a close today which equals a weekly close above 1,218.36 = WEEKLY BULLISH REVERSAL with a stop below 1,180

 

3 most interesting are:

 

BAC US – a close today below 16.91 would suggest a weekly bearish reversal = sell signal with a stop above 17.41

 

·         Since this reversal comes at the highs of the trend there is also a risk of a double top. The current move up from the 14.32 low does look like an A,B, C correction – chart attached below

 

 

Weekly chart

 

MS US – a close today below 34.91 would suggest a weekly bearish reversal = sell signal with a stop above 35.40

 

·         The most important thing about this reversal is that is comes on a false break above 34.17 (October 2009 highs) – this false break higher along with the weekly bearish reversal does risk a move lower

 

 

Weekly chart

 

And a wider view at the weekly chart

 

 

 

GOLD - a close today which equals a weekly close above 1,218.36 = WEEKLY BULLISH REVERSAL with a stop below 1,180

 

·         The 1180 level has provided very good support over the past 15 month and while this holds the odds for a move higher is high

 

Weekly chart

 

 

So if we have a sell signal on finanicals in the US – what do we buy GOLD?

 

Look at the correlation between

 

BAC US & GOLD

 

 

MS US & GOLD

 

 

GS US & GOLD

 

 

JPM US & GOLD

 

 

C US & GOLD

 

 

>>> US Early premarket gappers

Early premarket gappers
Gapping up: APT +32.2%, EXAS +26.6%, SCMP +19.2%, ALXA +16.8%, GSAT +16.2%, CVEO +9.6%, INFY +6.7%, STV +5.2%, CUDA +3.2%, HELE +3%, FAST +2.7%, ECOL +2.5%, PII +2.2%, OXLC +2.1%

Gapping down: PKT -28.3%, GTAT -26.4%, VOXX -12.5%, KN -9.1%, MCHP -7.8%, PT -7.7%, TXRH -7.1%, MTW -5.9%, JOEZ -5%, NXPI -4.5%, ALU -4.3%, MBLY -4.2%, JCP -4.2%, JNPR -4%, STM -3.9%, TSLA -3.5%, GRPN -3.4%, TKMR -3.4%, SDRL -2.8%, ALTR -2.7%, MU -2.7%, LLTC -2.5%, ASML -2.5%, THLD -2.3%, RDS.A -2.3%, BHP -2.1%, STO -2.1%, AVGO -2%, SM-1.9%, RIG -1.9%, GOLD -1.8%, ABB -1.8%, TOT -1.7%, FDO -1.6%, YHOO -1.3%, GPRO -1.1%

>>> Amazon in talks to acquire Jabong; move a counter to Flipkart's Myntra buy?

BANGALORE: Amazon is in preliminary talks to buy Jabong, part of the US-based online retailer's plan to bolster its presence selling fashion products, four people aware of the discussions told ET.

Jabong is one of the fashion portals that Amazon is interested in acquiring, and Jabong has other suitors, the sources said, cautioning that a deal is not imminent. A regulatory filing by Rocket Internet, which incubated Jabong, put the value of the fashion portal at 388 million euros, or $50 ..

--> Could impact ASC LN {ASC LN Equity GIP<Go>}