Before the Open (Nov 4)

Good morning. Happy Friday.
The Asian/Pacific markets closed with a lean to the downside. Indonesia did well; Japan, Australia, India and New Zealand were weak. Europe is currently down across-the-board. Austria, Turkey and the Czech Republic are down more than 2%; the UK, Denmark, Finland, Spain, Portugal and Sweden are down more than 1%; Germany, France, Belgium, the Netherlands, Norway and Italy are also weak. Futures in the States point towards a flat open for the cash market.
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List of Indexes and ETFs – here
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The dollar is flat. Oil is down; copper is flat. Gold and silver are down. Bonds are up.
Here are the employment numbers…
unemployment rate: 4.9% (was 5.0% last month)
nonfarm payrolls: +161K
private payrolls:
average workweek: unchanged at 34.4 hours
hourly wages: up 0.4% to $25.92
labor participation rate: 62.8% (up from 62.7%)

August job gain increased from 167K to 176K.
September job gain increased from 156K to 191K.

I don’t see anything for a swing trader to do right now. If you’re a day trader, you can do your thing. But otherwise it’s best to sit tight until things settle down after the election.
Stock headlines from barchart.com…
Monster Beverage (MNST -2.83%) dropped over 6% in pre-market trading after it reported Q3 EPS of 99 cents, weaker than consensus of $1.12.
Starbucks (SBUX -2.28%) gained over 1% in pre-market trading after it reported Q4 adjusted EPS of 56 cents, higher than consensus of 55 cents
Las Vegas Sands (LVS -1.48%) climbed over 3% in after-hours trading after it reported Q3 adjusted EPS of 72 cents, higher than consensus of 60 cents.
Activision Blizzard (ATVI +1.81%) lost 1% in after-hours trading after it said it sees Q4 adjusted EPS of 74 cents, below consensus of 80 cents.
Twilio (TWLO -4.54%) fell almost 3% in after-hours trading after it said it sees a full-year adjusted loss of -21 cents to -23 cents a share, a wider loss than consensus of -19 cents a share.
Fossil Group (FOSL -4.00%) lost over 4% in after-hours trading after it reported Q3 comparable sales down -3%, weaker than consensus of -1.2%.
GoPro (GPRO -7.01%) sank nearly 20% in after-hours trading after it reported a Q3 adjusted loss of -60 cents a share, wider than consensus of -36 cents, and then said it sees Q4 adjusted EPS of 25 cents-35 cents, below consensus of 42 cents.
Lannet (LCI -26.60%) rallied over 5% in after-hours trading after it reported Q1 adjusted EPS of 77 cents, stronger than consensus of 71 cents.
FireEye (FEYE -2.74%) jumped 15% in after-hours trading after it reported a Q3 adjusted loss of 18 cents a share, narrower than consensus of -31 cents, and then lowered its 2016 adjusted EPS loss estimate to -$1.14-$1.16 from an August 4 view of -$1.28-$1.32.
Weight Watchers International (WTW -1.48%) climbed over 2% in after-hours trading after it reported Q3 EPS of 53 cents, higher than consensus of 45 cents, and then raised guidance on full-year EPS to 95 cents-$1.05 from an August 4 view of 90 cents-$1.05.
El Pollo Loco Holdings (LOCO +1.67%) slid nearly 8% in after-hours trading after it reported Q3 revenue of $95.8 million, below consensus of $97.3 million, and then cut its high end full-year EPS estimate to 67 cents-68 vents from a prior view of 68 cents-72 cents.
Herbalife Ltd. (HLF +1.12%) gained nearly 1% in after-hours trading after holder Carl Icahn boosted his stake in the company to 23.05% from 21.08%.
Nanophononics (NPTN +0.97%) tumbled 16% in after-hours trading after it reported Q3 adjusted EPS of 6 cents, well below consensus of 14 cents, and then said it sees Q4 adjusted EPS of 13 cents-21 cents, weaker than consensus of 23 cents.
Insulet (PODD -4.18%) jumped 15% in after-hours trading after it raised its fell-year revenue estimate to $362 million-$365 million from an August 3 estimate of $345 million-$355 million.
MDC Partners (MDCA +0.60%) plunged over 20% in after-hours trading after it cut its full-year revenue view to $1.365 billion-$1.375 billion from a prior view of $1.39 billion-$1.42 billion, and then suspended its quarterly dividend.
Thursday’s Key Earnings
Activision Blizzard (NASDAQ:ATVI) -5.5% with weak holiday guidance.
CBS (NYSE:CBS) on early explorations of a Viacom merger.
Chesapeake Energy (NYSE:CHK) +1.7% after a surprise Q3 profit.
EOG Resources (NYSE:EOG) +1.8% AH posting a smaller quarterly loss.
FireEye (NASDAQ:FEYE) +13.1% AH after Q3 soared over predictions.
GoPro (NASDAQ:GPRO) -18.8% AH as production issues hurt results.
Las Vegas Sands (NYSE:LVS) +3.1% AH improving Macau figures.
Kraft Heinz (NASDAQ:KHC) -1.2% AH following a dip in sales.
Starbucks (NASDAQ:SBUX) +1.4% AH on Q3 beat and dividend boost.
Twilio (NYSE:TWLO) +3.4% AH after topping expectations.

Today’s Economic Calendar
8:30 Non-farm payrolls
8:30 International Trade
8:30 Fed’s Lockhart speech
1:00 PM Baker-Hughes Rig Count
4:00 PM Stanley Fischer speech

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

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