Before the Open (Oct 28)

Good morning. Happy Friday.
The Asian/Pacific markets closed mixed and little changed. Japan moved up; Hong Kong and Singapore moved down. Everything was close to unchanged. Europe currently leans to the downside. Unless this is a misprint, Denmark is down 4%. Germany, Austria, Belgium, Turkey and Italy are weak. Futures in the States point towards a positive open for the cash market.
The dollar is down. Oil is down; copper is up. Gold and silver are up small amounts. Bonds are down.
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Stock headlines from barchart.com…
Amazon.com (AMZN -0.51%) is down -4% in overnight trading after forecasting weak holiday sales that may produce an earnings miss.
Alphabet (GOOG -0.47%) rallied +1.2% in after-hours trading after reporting a 20.2% rise in revenue and announcing a $7 billion buyback of its Class C stock.
GE (GE -0.83%) is in talks to buy Baker Hughes (BHI), according to a Dow Jones report, which boosted BHI 17% in post-market trading. GE was down -1.3% after the report. However, GE officials later denied that it is discussing an outright purchase of BHI.
Apple (AAPL -0.96%) raised the price of its Macs in the UK by 20% due to Brexit-induced sterling weakness.
Expedia (EXPE +0.70%) rallied 1% in after-hours trading on positive revenue and bookings news.
TripAdvisor (TRIP +0.16%) bookings to Cuba were cleared by the U.S. Treasury Department.
Tesla (TSLR) and Solar City (SCTY +3.25%) will unveil their solar roof on Friday, according to Tesla CEO Elon Musk.
VeriSign (VRSN +1.94%) rallied 4% in after-hours trading and beating revenue and earnings estimates.
Decker Outdoor Corp (DECK -1.72%) rallied +0.8% in after-hours trading on an earnings beat.
Cirrus Logic (CRUS -1.63%) rallied 6% in after-hours trading on positive earnings news.
Hanesbrands (HBI -0.38%) rallied 4% in after-hours trading on positive earnings news.

Thursday’s Key Earnings
Altria (NYSE:MO) -0.1% following a narrow beat.
Alphabet (NASDAQ:GOOG) +1.3% AH with Google strength driving profits.
Amazon (AMZN) -6.1% AH as expenses hurt the retailer.
Amgen (NASDAQ:AMGN) -1.4% AH on sluggish revenue.
Baidu (NASDAQ:BIDU) +1.3% AH although posting a grim outlook.
Blackstone (NYSE:BX) -0.2% despite managed assets climbing 8%.
Bristol-Myers (NYSE:BMY) +5.4% hiking its forecasts.
Celgene (NASDAQ:CELG) +6.4% topping expectations.
Colgate-Palmolive (NYSE:CL) -1% on falling volumes.
ConocoPhillips (NYSE:COP) -5.3% raising outlook, cutting capex.
Dow Chemical (NYSE:DOW) +1.5% on its 12th straight quarterly beat.
Enterprise Products (NYSE:EPD) -1.5% after an in-line Q3.
Ford (NYSE:F) -1.2% on profit pressure outside NA.
LinkedIn (NYSE:LNKD) +0.2% AH after topping expectations.
Sirius XM (NASDAQ:SIRI) -3.1% following in-line earnings.
Twitter (NYSE:TWTR) +0.6% beating estimates, restructuring.
UPS (NYSE:UPS) +0.5% booking solid sales.

Today’s Earnings here
Other
today’s upgrades/downgrades from briefing.com
this week’s Earnings
this week’s Economic Numbers

2 thoughts on “Before the Open (Oct 28)

  1. this is still very much a game of snakes and ladders interday
    ups and downs dont last long and be willing to change sides
    short time frame 15 minute to 2 hour timesframes for being in trades seems the best for scalping
    london controls things with insistence the ftse 7000 is held by central banks
    german dax and nas 100 counterpart more volitile

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