Tuesday, December 15, 2015

Awaiting the FED & the Market Reaction

I was supposed to go to two holiday parties tonight but my fate changed last minute & I was able to catch some of the debate while giving my liver a rest. I felt brutal today. Either way, like everyone else is, I am anxiously awaiting the FED decision & how they present it tomorrow. I know that many of you are on the sidelines awaiting the market reaction before getting back in. I also realize that many of you are invested across the boards hence the rallies that have occurred the past two days. Personally, I chose a couple of risky plays but I don't want to disclose them...after tonight's energy announcement, I am feeling like I will need to make some moves early.  I wish you all the best however the market does react. That being said, here is tonight's list & what I saw today:

Form 3's: TRXO (2), LXP, TSN, GMO, MBVT (2), ERN (2), BASI, OUTR, PF, WEN (2), SIRI (2), STVI, AMTY ASFI & SXC

13D's: VAPE, BIAD, AMG, TWMC, CONE, WSTC, BANC, MSN, FVE, NX, PLPE, WUBA, FXFL, JMG, MSM, BRFH, TNGO, WEN & ODP

13G's: RTK (-), ESLT (+), GILT (-), WUBA (-), GLDG, ASFI (+) & NEWL

Form 4's (Insider Buys): THST, AYR, CVA (2), OPK, TRXO, MNK, VRNG, CRDA, VICR, GNVC, EFSC (4), PRCP, EML, NANX, MCP, JCS, HLIT (2), STKL, TIPT, SNV (5), NMFC (3), ERN, CLMS (2), LAND, PULB, AMID, NUTR (10), IWSY, KIRK (3), CCMP (2), FLKS, BDGE, LEG (9), LII (17), ORM, HCAP (3), AGFS, HSY (2), NAKD, ZBRA, GLAD (2), GAIN, BBLU, ESP, ORC, TCRD (3), LOV, IRET (2), FSTR, TMO, TWMC, PNY (15), XCO, CNMD, IMN, NOG, SMTX, GTIM, FGP, CFX, CODI, KFRC, BAC, ENH, AB (5), CIM, MET (11), REXI, DM, BZC, EFSI, SCM, EVBS, NDSN, KAMN, CBZ (3), AGII, TIME, LOB, QSR (2), NTRP, SLB, ED, WPT, GS (2), NSAM (2), NRF, ECC, FXCM (2), LBAI, RMTI, AJX, EVOL, DNB (12), SHLD (3), BNED, JASN, ALXN (2), AHT, CANN, JCAP (2), GTE, LOXO, SJW (2), ITG (9), IMN, CELP CORR, SSRG, CERS, LDR (6), AMBC, SCM, RCIM, BX, ESNT, LE, MINI, MCC, PLX, CCD & TIME

Form 4's (Insider Acquirements for $0): RJF (4), PULB (6), EFSC (8), BNCN, GMO (3), ALB (2), ENBL, CCMP, ASPS, WSTC, QTS, MAT (2), HPY (6), ASNA, HPIL, LECO (11), DRI, EVR (6), COHR, KFRC (10), INSM, H, LXK (11), HIVE, XOMA, HBI, DST (11), CTCT, WEN (2), PEGA, MU, DEPO, REXX (2), CGI (3), BRX, WMAR, UPIP (4), TTC, QLYS, ESS (6), ZNGA (7), CANN, SHAK, GDP (4), TESO (11) & ASPN

Form 4's (Insider Sales): HIL, SNI, CERN, PULB (7), TYL (2), HAL, FLWS, EFSC (2), TSN, DE (6), ATRO, WEBK, YUM (3), TDG (2), SNV (5), GMO, LTC (2), SIVB, CSCD, TREE, KNX, WHLR, LBAI, XEC, TOL, ISRG, CDE, ABM, MPG (4), ALB (2), CECE, CCMP (5), ECOM, EE, FGL (6), SEDG (2), BWA, MATW, QTS, FFG, MATT (2), SEIC, FSTR (7), SPN, SHBI, HURC (4), KEX, HEAR, CPF, DRI, AHS, SRCL, ADSK, PBIP, BAC, GLW, CONE, AFFX, XRM, H, SKT, NXTM, CBM, MXIM, TDS, PKBK, LNTH, VECO (3), TYPE, SNTA, GWRE (2), HBI (5), MATR, AGII, AIZ (2), CBIS, ANET, JCOM, LII, ARMK (2), RGG, TEN, SPAN, ARE, GT, ANAT, CMN, ANAC, HAIN, PLUS, BANC, PEGA, CEMP, BCR (2), REXX, EPAY, SPAN, FBRC, MU, SGMO (3), MD, LFUS, SMTC, BRX, REXX (3), CLNT, ALXN (2), SWHC (3), ILMN, CVT (2), ALL (2), QLYS, UFPT, TTC (2), PSB, EXLS, CNCE, OA, SHAK (2), VAL (2), AEL, PHX (4), BIO, CLIR, NAVG, NE, KORS, CAM, IMN, BEE (9), KEYS (3), GDP (4), FITB (2), CRM (2), ZLTQ, ITCI (2), GOOG, SLH, CBG (2), ENV (6), ANAC, ALK, LNG, CORE, AUMN & CARV

Form 4's (Insider Disposals for $0): SNI, TEL, HOFT, AWAY (11), XENT, BNCN, MORN, CBT, TOL, ISRG, MATW, HPY (7), BWA, FMNB, HURC, XEC, INFN, WEYS, WETF, MDAS (3), CBM, EIA, RMD, MW, MIW, CALM, FBIZ, DEPO, REXX (2), NNI, SPWH, SFG, ABC, OVLY, KORS, GUID, ANIP & ALK

Here are my observations from the day. Wendy's was crossing several areas (WEN). It looks like they may have a few new people but nothing to watch just yet. There were a ton of repeats on the lists, as usual. That is definitely something to pay attention to. For example, Aircastle (AYR) has been on here everyday for what seems forever & look where they're chart went today. That company has a cool concept & I decided to check it out when I saw the "rent a jet" commercial on Bloomberg today.  Also, Sirius XM (SIRI) stood out to me with the Howard Stern news so I checked that chart & it has definite promise. What else...oh yeah..I apologize for yesterday's report. I was totally not up to par. I also failed to note yesterday that Carl Icahn pulled back out of Xerox (XRX).

The largest buy today was for Restaurant Brands Intl (QSR) with two big buyers who bought nearly $200 million worth of shares.  The largest sale I saw today was for Cyrusone, Inc (CONE) for just under $50 million worth of shares sold. The insider CFO's buying today work for: FXCM, ECC, TCRD, HCAP, LAND, CVA, GTIM & PLX. The insider CFO's selling work for: ITCI, AIZ, SPAN, CLNT, ATRO, SEDG & EKFC.

Interestingly enough, the buying side definitely challenged the selling side today. The Santa Claus rally is here & the entire world seems okay with the likelihood of a rate hike in the USA (the 1st in a decade). Tomorrow will be a day to keep your eyes on banks,volatility, gold, oil, energy, etc. There is still uncertainty looming to how the markets will react & based on how the FED's decision is presented, things we may feel are sure shots may get skewed. Whatever you chose to do, be careful.

GLTA

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