CASE STUDY #6 - NewsHedge · This case study evaluates each alert NewsHedge generated for October...

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CASE STUDY #6

Full Day Review

October 14, 2015

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THE POWER OF UNUSUAL TRADING ALERTS

This case study evaluates each alert NewsHedge generated for October 14, 2015, during regular market hours. Each unusual trading alert was matched with the

appropriate catalyst(s) wherever possible.

- Company names with a “(p.6)” in front have more detailed information below.

- Events marked in bold black text represent that day’s intraday news-driven events.

- Assets categorized as “Volatility Alert” were associated with unusual trading behavior, but there was no obvious catalyst.

ALERT STATS: 65 total events. 67% tied to notable catalysts.

25 – Associated with intraday, real-time news

21 – Associated with unusual trading behavior but no major catalyst

7 – Associated with pre-market news

6 – Associated with after-hour news from prior trading day (carryover)

5 – Associated with trading halts

1 – Associated with trading halt, news pending

Sales: [email protected]

Support: [email protected]

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TICKER COMPANY NAME ALERT TIME (CDT) EVENT TYPE NEWS HEADLINE / CATALYST

LTRPA Liberty Trip Advisor 8:30:20am Partnership (Pre-Market) TripAdvisor Shares Surge From Announcement of Partnership With Priceline

VRX (p.5) Valeant Pharma 8:30:44am Halt HALT: Open Delay

CFX Colfax 8:30:57am Earnings (After-Hours) Colfax Q3 EPS $0.24 vs $0.41 est, Rev. $969.1M vs $994.3M est

HAWK Blackhawk Network 8:31:03am Earnings (After-Hours) Blackhawk Q3 EPS $0.35 vs $0.30 est, Rev. $193.4M vs $196.31M est

LLTC Linear Technology 8:31:07am Earnings (After-Hours) Linear Technology Up On Strong Guidance

OZRK Bank of the Ozarks 8:32:50am Earnings (After-Hours) Bank of Ozarks Q3 was $46.1M, a 43.7% increase from $32.1M

VRX (p.5) Valeant Pharma 8:34:16am Halt HALT: Trading Resumed

CONE (p.32) Cyrusone 8:34:34am Volatility Alert

ADTN Adtran 8:35:49am Earnings/Dividend (After-Hours) Adtran Q3 Results Down vs Year Ago Levels; Declares Quarterly Cash Dividend

IRM Iron Mountain 8:36:57am M&A (Pre-Market) Iron Mountain Agrees to Acquire Crozier Fine Arts

MNST Monster Beverage 8:50:00am Analyst (Pre-Market) Monster Beverage Defended At Goldman Sachs, Firms Says To Buy On Weakness

TRIP Trip Advisor 8:50:16am Partnership (Pre-Market) Trip Advisor and The Priceline Group Announce Instant Booking Partnership

CHU China Unicom 8:50:36am Joint Venture (Pre-Market) Chinese Telecoms Sell Their Towers to Joint Venture in Deal Worth About $34B

DAL (p.6) Delta Air Lines 8:51:24am Conference Call Delta CEO Making Comments About a Global Jet Market Bubble

EROS (p.33) Eros International 8:52:55am Volatility Alert

KNX (p.34) Knight Transports 8:53:40am Volatility Alert

EDGE (p.35) Edge Therapeutics 8:58:56am Volatility Alert

KANG (p.36) iKang Healthcare 8:59:08am Volatility Alert

ACRS (p.37) Aclaris Therapeutics 9:01:23am Volatility Alert

WWE (p.38) WW Wrestling 9:02:49am Volatility Alert

JBHT JB Hunt Transport 9:15:23am Earnings (Pre-Market) JB Hunt Q3 EPS $0.99 vs $0.97 est, Sales $1.59B vs $1.62B est

AAL (p.7) American Airlines 9:22:07am Analyst American Airlines Downgraded to Hold from Buy at Evercore / Struggling on Delta Comments

ITB (p.39) Construction ETF 9:24:28am Volatility Alert

WBAI (p.40) 500.com 9:25:18am Volatility Alert

WMT (p.8) Wal-Mart 9:30:31am Guidance Wal-Mart Expects FY 17 eps to Decline 6%-17%, Announces $20B Shr Repurchase

TGT (p.9) Target 9:33:38am Spill Over Decline in Wal-Mart Pushing Down Entire Sector

UAL (p.10) United Continental 9:36:58am Spill Over Airliners Struggle All Day Following Delta CEO Comments Of A Global Jet Market Bubble

COST (p.11) Costco 9:40:46am Spill Over Decline in Wal-Mart Pushing Down Entire Sector

XLP (p.12) Cons. Staples ETF 9:41:11am Spill Over Decline in Wal-Mart Pushing Down Entire Sector

SRPT (p.13) Sarepta Therapeutic 10:29:34am FDA FDA Sees Tentative Meeting Date for DMD Panel on Jan.22

BRKR (p.41) Bruker 10:41:00am Volatility Alert

SNDK Sandisk 10:43:41am M&A (After-Hours) SanDisk Reportedly Explores Sale, Bloomberg Says - Shares Jump 13% After-Hrs

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TICKER COMPANY NAME ALERT TIME (CDT) EVENT TYPE NEWS HEADLINE / CATALYST

TNET (p.42) Trinet Group 10:49:29am Volatility Alert

SPLS (p.14) Staples 11:01:23am M&A Staples Exploring Possible Asset Sale To Prevent Antitrust Review - Purchase ODP

ODP (p.15) Office Depot 11:01:27am M&A Office Depot To Be Acquired By Staples, Waiting For FTC Clearance

NEM (p.43) Newmont Mining 11:19:02am Volatility Alert

ZFGN (p.16) Zafgen 11:25:00am Halt HALT: Trading Resumed

MACK (p.44) Merrimack Pharma 11:26:30am Volatility Alert

ZFGN (p.16) Zafgen 11:30:35am Halt Halt: Limit Up / Limit Down

ZFGN (p.16) Zafgen 11:35:35am Halt HALT: Trading Resumed

CSC (p.45) Computer Sciences 11:37:45am Volatility Alert

EDU (p.17) New Oriental 11:43:47am Analyst New Oriental Upgraded to Neutral From Sell At Goldman Sachs

FCS (p.18) Fairchild Semi 11:55:05am M&A Fairchild Semiconductor Said To Be In Merger Talks With ON Semiconductor & Infineon

ON (p.19) ON Semiconductor 11:55:15am M&A Deal Talks With Fairchild Semiconductor

BAK (p.46) Braskem 12:12:51pm Volatility Alert

CJES (p.47) C & J Energy Services 12:52:59pm Volatility Alert

TRU (p.48) TransUnion 1:30:40pm Volatility Alert

AL (p.20) Air Lease 1:35:30pm Comments Airliners Struggle All Day Following Delta CEO Comments Of A Global Jet Market Bubble

SPR (p.21) Spirit Aerosystems 1:47:27pm Comments Airliners Struggle All Day Following Delta CEO Comments Of A Global Jet Market Bubble

MIK (p.49) Michaels 1:57:48pm Volatility Alert

CPHD (p.50) Cepheid 2:03:39pm Volatility Alert

RHT (p.51) Red Hat 2:03:56pm Volatility Alert

CTMX (p.22) CytomX 2:15:02pm IPO CytomX Therapeutics Announces Underwriters' Option to Purchase Additional Shares

AER (p.23) AerCap 2:20:07pm Spill Over AerCap Says it Leased, Purchased and Sold 70 Aircraft in Q3 / Moving on Delta CEO Comments

MXIM (p.24) Maxim Integrated 2:28:02pm M&A Bloomberg Reporting Maxim Was Considering Strategic Alternatives, Approached By Analog

ADI (p.25) Analog Devices 2:28:03pm M&A Analog Devices, Maxim Integrated in Merger Talks

SMH (p.26) Semiconductor ETF 2:28:10pm Spill Over Semiconductor Index ETF Moving from Analog Devices and Maxim Integrated Merger Talks

LLTC (p.27) Linear Technology 2:28:11pm Spill Over/Call Moving on SanDisk Takeover Headline First, Then Linear's Better-Than-Expected Outlook

XLNX (p.28) Xilinx 2:30:14pm Spill Over Xilinx Moving on Semiconductor News

SMTC (p.29) Semtech 2:30:19pm Spill Over Semtech Moving on Semiconductor News

MCHP (p.30) Microchip Tech 2:30:40pm Spill Over Microchip Technology Moving on Semiconductor News

TXN (p.31) Texas Instruments 2:30:44pm Spill Over Texas Instruments Moving on Semiconductor News

AMSG (p.52) Amsurg 2:50:10pm Volatility Alert

VTL (p.53) Vital Therapies 2:58:43pm Volatility Alert

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VRX Valeant Pharmaceuticals

Catalyst: (Trading Halt) Market Makers Adjusting the Opening Balance, to the Buy Side.

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DAL Delta Airlines

Catalyst: (Conference Call) Delta CEO Making Comments about a Global Jet Market Bubble.

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AAL American Airlines

Catalyst: (Analyst Rating / Conference Call) American Airlines Downgraded to Hold from Buy at Evercore / Struggling on Delta comments.

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WMT Wal-Mart

Catalyst: (Earnings Guidance) Wal-Mart Expects FY 17 eps to Decline 6%-17%, Announces $20B Share Repurchase.

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TGT Target

Catalyst: (Spill Over from Wal-Mart News) Decline in Wal-Mart Pushing Down Entire Sector.

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UAL United Continental

Catalyst: (Spill Over) Airliners Struggle All Day Following Delta CEO Comments Of A Global Jet Market Bubble.

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COST Costco

Catalyst: (Spill Over) Decline in Wal-Mart Pushing Down Entire Sector.

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XLP Consumer Discretionary ETF

Catalyst: (Spill Over) Decline in Wal-Mart Pushing Down Entire Sector.

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SRPT Sarepta Therapeutics

Catalyst: (FDA Announcement) FDA Sees Tentative Meeting Date for DMD Panel on January 22.

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ZFGN Zafgen

Catalyst: (Trading Halt, News Pending) Zafgen Patient Death Associated with Drug Study.

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SPLS Staples

Catalyst: (M&A) Staples Exploring Possible Asset Sale to Prevent Antitrust Review for Purchasing Office Depot.

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ODP Office Depot

Catalyst: (M&A) Office Depot to Be Acquired By Staples, Waiting For FTC Clearance

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EDU New Oriental

Catalyst: (Analyst Ratings Change) New Oriental Upgraded to Neutral from Sell At Goldman Sachs.

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FCS Fairchild Semiconductor

Catalyst: (M&A) Fairchild Said To Be In Merger Talks with ON Semiconductor & Infineon.

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ON ON Semiconductor

Catalyst: (M&A) Deal Talks With Fairchild Semiconductor

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AL Air Lease

Catalyst: (Spill Over / Comments) Airliners Struggle All Day Following Delta CEO Comments of A Global Jet Market Bubble.

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SPR Spirit Aerosystems

Catalyst: (Spill Over / Comments) Airliners Struggle All Day Following Delta CEO Comments of A Global Jet Market Bubble.

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CTMX CytomX Therapeutics

Catalyst: (IPO Information) CytomX Announces Underwriters' Option to Purchase Additional Shares.

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AER AerCap

Catalyst: (Comments) AerCap says it Leased, Purchased and Sold 70 Aircraft in Q3 / Moving on Delta CEO Comments.

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MXIM Maxim Integrated

Catalyst: (M&A) Bloomberg Reporting Maxim Was Considering Strategic Alternatives, Approached By Analog.

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ADI Analog Devices

Catalyst: (M&A) Analog Devices, Maxim Integrated in Merger Talks.

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SMH Semiconductor ETF

Catalyst: (Spill Over) Semiconductor Index ETF Moving from Analog Devices and Maxim Integrated Merger Talks.

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LLTC Linear Technology

Catalyst: (Spill Over / Earnings Outlook) Moving on SanDisk Takeover Headline First, Then Linear's Better-Than-Expected Outlook.

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XLNX Xilinx

Catalyst: (Spill Over) Xilinx Moving on Semiconductor News.

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SMTC Semtech

Catalyst: (Spill Over) Semtech Moving on Semiconductor News.

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MCHP Microchip Technology

Catalyst: (Spill Over) Microchip Tech Moving on Semiconductor News.

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TXN Texas Instruments

Catalyst: (Spill Over) Texas Instruments Moving on Semiconductor News.

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CONE Cyrusone

Catalyst: (Volatility Alert)

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EROS Eros International


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KNX Kight Transportation


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EDGE Edge Therapeutics


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KANG iKang Healthcare


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ACRS Aclaris Therapeutics


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WWE World Wide Wrestling


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JBHT JB Hunt Transport


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ITB Home Construction ETF


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WBAI 500.com


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BRKR Bruker


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TNET Trinet Group


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NEM Newmont Mining


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MACK Merrimack Pharmaceuticals


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CSC Computer Sciences


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BAK Braskem


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CJES C & J Energy Services


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TRU TransUnion


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MIK Michaels


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CPHD Cepheid


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RHT Red Hat


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AMSG Amsurg


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VTL Vital Therapies


CASE STUDY #6 - NewsHedge · This case study evaluates each alert NewsHedge generated for October...

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Transcript of CASE STUDY #6 - NewsHedge · This case study evaluates each alert NewsHedge generated for October...