Before the Open (Nov 29)

Good morning. Happy Thursday.
The Asian/Pacific markets leaned to the upside. India, New Zealand, Australia and Indonesia led while China and Hong Kong lagged. Europe, Africa and the Middle East are currently mostly up. The UK, Poland, Turkey, Russia, Greece, Switzerland, Austria, Sweden and Saudi Arabia are doing well; the UAE and South Africa are weak. Futures in the States point towards a gap down open for the cash market.
—————
VIDEO: Do The Indicators Suggest the Market Has Bottomed
—————
The dollar is down slightly. Oil is up; copper is down. Gold is up; silver is down. Bonds are up.
Overnight Stock Movers from barchart.com…
Ellie Mae (ELLI +2.31%) was rated a new ‘Negative’ at Susquehanna Financial with a price target of $53.
Booking Holdings (BKNG +2.46%) was rated a new ‘Outperform’ at Telsey Advisory Group with a price target of $2,100.
Veeva Systems (VEEV +8.91%) climbed more than 6% in after-hours trading after it reported Q3 adjusted EPS of 45 cents, above consensus of 38 cents, and then forecast full-year adjusted EPS of $1.58, higher than consensus of $1.48.
Atmos Energy (ATO -0.80%) lost more than 2% in after-hours trading after it announced that it plans to make a public offering of $650 million of shares of its common stock.
Pluralsight (PS +9.22%) was rated a new ‘Outperform’ at Baird with a price target of $28.
Match Group (MTCH +4.94%) was rated a new ‘Outperform’ at Macquarie with a price target of $52.
La-Z-Boy (LZB +3.59%) rallied 9% in after-hours trading after it reported Q2 sales of $439.3 million, better than consensus of $434.3 million.
Williams Cos (WMB +1.40%) was rated a new ‘Buy’ at Mizuho Securities USA with a price target of $32.
Guess? (GES +1.86%) dropped 8% in after-hours trading after it reported Q3 adjusted EPS of 13 cents, weaker than consensus of 16 cents, and then forecast full-year adjusted EPS of 96 cents to $1.03, the midpoint below consensus of $1.02.
Tilly’s (TLYS +2.07%) slumped more than 13% in after-hours trading after it reported Q3 net sales of $146.8 million, weaker than consensus of $149.7 million, and then forecast Q4 EPS of 22 cents to 26 cents, below consensus of 27 cents.
Box Inc (BOX +4.48%) gained 2% in after-hours trading after it reported Q3 revenue of $155.9 million, higher than consensus of $154.8 million, and then forecast full-year revenue of $608.2 million to $609.2 million, above consensus of $607.5 million.
Noodles & Co (NDLS +1.42%) fell nearly 3% in after-hours trading after it announced a secondary underwritten public offering of 5.58 million shares of its common stock via Morgan Stanley.
Falcon Minerals (FLMN +1.86%) was rated a new ‘Buy’ at Citigroup with a price target of $11.
ShiftPixy (PIXY +1.84%) jumped 10% in after-hours trading after it reported Q4 gross billing more than doubled to $73.4 million from $33.1 million y/y and rose +21.9% from Q3.
Wednesday’s Key Earnings
Box (NYSE:BOX) +6.8% AH topping expectations.
Dick’s Sporting Goods (NYSE:DKS) +2.6% on improving margins.
J.M. Smucker (NYSE:SJM) -7.2% lowering profit guidance.
Tiffany & Co (NYSE:TIF) -11.8% after a same-store sales miss.
Today’s Economic Calendar
8:30 Initial Jobless Claims
8:30 Personal Income and Outlays
10:00 Pending Home Sales
10:30 EIA Natural Gas Inventory
2:00 PM Fed’s Mester Speech
2:00 PM Fed’s Evans Speech
2:00 PM FOMC minutes
1:00 PM Fed’s Kaplan Speech
3:00 Farm Prices
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY