***PRIORITY: watch UVE, BCRH, HCI, FNHC, HRTG, AHL, VR, UIHC, RE, GLRC, IBKC, CSFL***
Just saying the word ‘nothing-burger’ instantly makes you a dick. I find it to equal the use of the word ciao, especially for non-Italians.
Insurance stocks are going to pop the fuck off today. In the pre-market, UVE is +13.5%. Wait until normal people arrive to work and do some lines of cocaine off their desks and then apply some real money into these stocks. Shorts are going to rue the day they turned on the fucking weather channel.
Over in Europe, shit is getting sporty, with the IBEX leading the charge higher by 1.48%. The Eurostoxx 50 is higher by 1.2%. Expect this enthusiasm to transfer here at the open. Dow futures are higher by 127.
The only notable weakness is in gold, off by 0.77%.
Here are some analyst moves, courtesy of my god damned Twitter account. I have no reason to be this angry so early — but I am so don’t fuck with me.
Some quick items that just hit the tape.
Teva Pharma upgraded to Buy from Neutral at BTIG Research
NVIDIA: SepQ GPU and Ryzen pricing strong; positive for NVDA/AMD. data center remains key – Mizuho
Kroger: Spending forces Kroger off long-term guide – RBC
MasterCard upgraded to Buy from Neutral at Guggenheim
IDRA +13.8%, TEVA +11.2%, ZUMZ +11%, BV +8.4%, ARRY +7%, KURA +6.4%, RDFN +4.3%, AGX +4.1%, OKTA +3.2%, AMD +2.6%, REVG +2.4%, YNDX +2.3%, CLDR +2.3%, INCY +2%, EXEL +2%, TSLA +1.8%, CLF +1.8%, MZOR +1.6%, AZN +1.6%, ACH +1.5%, GRFS +1.4%, AAPL +1.3%, OPK +1.3%, EA +1.3%, MU +1.2%, MT +1.2%, WB +1.1%, NFLX +1.1%, NVDA +1%, MOMO +1%, FB +0.8%, RIO +0.8%
IDRA 13.8%, AOBC -17.2%, CHKE -16.1%, TNTR -13.9%, ACHN -13%, SAIC -5.9%, PAY -5%, PAY -5%, GG -2%, HMY -1.9%, CYAD -1.8%, FIZZ -1.8%, UTHR -1.7%, SIGM -1.6%, GOLD -1.3%, GDX -1.3%, SLV -1.2%, TLRD -1.2%, RGLD -1.1%, ABX -1%, AG -1%, NEM -0.8%, GLD -0.8%, NEM -0.8%