{"id":10010,"date":"2016-10-28T08:18:48","date_gmt":"2016-10-28T13:18:48","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10010"},"modified":"2016-10-28T08:18:48","modified_gmt":"2016-10-28T13:18:48","slug":"before-the-open-oct-28-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10010","title":{"rendered":"Before the Open (Oct 28)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Friday. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed mixed and little changed. Japan moved up; Hong Kong and Singapore moved down. Everything was close to unchanged. <strong>Europe<\/strong> 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 <strong>States<\/strong> point towards a positive open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is down. Oil is down; copper is up. Gold and silver are up small amounts. Bonds are down. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong>Join our <a style=\"font-weight: bold; font-size: medium;\" href=\"http:\/\/www.leavittbrothers.com\/email-subscribe.cfm\">email list<\/a> &#8211; get technical research reports sent directly to you.<\/strong><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Amazon.com (AMZN -0.51%) is down -4% in overnight trading after forecasting weak holiday sales that may produce an earnings miss.<br \/>\n<span style=\"font-size: medium;\"> 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.<br \/>\n<span style=\"font-size: medium;\"> 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.<br \/>\n<span style=\"font-size: medium;\"> Apple (AAPL -0.96%) raised the price of its Macs in the UK by 20% due to Brexit-induced sterling weakness.<br \/>\n<span style=\"font-size: medium;\"> Expedia (EXPE +0.70%) rallied 1% in after-hours trading on positive revenue and bookings news.<br \/>\n<span style=\"font-size: medium;\"> TripAdvisor (TRIP +0.16%) bookings to Cuba were cleared by the U.S. Treasury Department.<br \/>\n<span style=\"font-size: medium;\"> Tesla (TSLR) and Solar City (SCTY +3.25%) will unveil their solar roof on Friday, according to Tesla CEO Elon Musk.<br \/>\n<span style=\"font-size: medium;\"> VeriSign (VRSN +1.94%) rallied 4% in after-hours trading and beating revenue and earnings estimates.<br \/>\n<span style=\"font-size: medium;\"> Decker Outdoor Corp (DECK -1.72%) rallied +0.8% in after-hours trading on an earnings beat.<br \/>\n<span style=\"font-size: medium;\"> Cirrus Logic (CRUS -1.63%) rallied 6% in after-hours trading on positive earnings news.<br \/>\n<span style=\"font-size: medium;\"> Hanesbrands (HBI -0.38%) rallied 4% in after-hours trading on positive earnings news.<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Thursday&#8217;s Key Earnings<\/strong><br \/>\n<span style=\"font-size: medium;\"> Altria (NYSE:MO) -0.1% following a narrow beat.<br \/>\n<span style=\"font-size: medium;\"> Alphabet (NASDAQ:GOOG) +1.3% AH with Google strength driving profits.<br \/>\n<span style=\"font-size: medium;\"> Amazon (AMZN) -6.1% AH as expenses hurt the retailer.<br \/>\n<span style=\"font-size: medium;\"> Amgen (NASDAQ:AMGN) -1.4% AH on sluggish revenue.<br \/>\n<span style=\"font-size: medium;\"> Baidu (NASDAQ:BIDU) +1.3% AH although posting a grim outlook.<br \/>\n<span style=\"font-size: medium;\"> Blackstone (NYSE:BX) -0.2% despite managed assets climbing 8%.<br \/>\n<span style=\"font-size: medium;\"> Bristol-Myers (NYSE:BMY) +5.4% hiking its forecasts.<br \/>\n<span style=\"font-size: medium;\"> Celgene (NASDAQ:CELG) +6.4% topping expectations.<br \/>\n<span style=\"font-size: medium;\"> Colgate-Palmolive (NYSE:CL) -1% on falling volumes.<br \/>\n<span style=\"font-size: medium;\"> ConocoPhillips (NYSE:COP) -5.3% raising outlook, cutting capex.<br \/>\n<span style=\"font-size: medium;\"> Dow Chemical (NYSE:DOW) +1.5% on its 12th straight quarterly beat.<br \/>\n<span style=\"font-size: medium;\"> Enterprise Products (NYSE:EPD) -1.5% after an in-line Q3.<br \/>\n<span style=\"font-size: medium;\"> Ford (NYSE:F) -1.2% on profit pressure outside NA.<br \/>\n<span style=\"font-size: medium;\"> LinkedIn (NYSE:LNKD) +0.2% AH after topping expectations.<br \/>\n<span style=\"font-size: medium;\"> Sirius XM (NASDAQ:SIRI) -3.1% following in-line earnings.<br \/>\n<span style=\"font-size: medium;\"> Twitter (NYSE:TWTR) +0.6% beating estimates, restructuring.<br \/>\n<span style=\"font-size: medium;\"> UPS (NYSE:UPS) +0.5% booking solid sales.<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><br \/>\n<span style=\"font-size: medium;\">Today&#8217;s Earnings <a href=\"http:\/\/seekingalpha.com\/earnings\/upcoming\">here<\/a><\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Other<\/strong>&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\">today&#8217;s <a href=\"http:\/\/www.briefing.com\/investor\/calendars\/upgrades-downgrades\/\">upgrades\/downgrades<\/a> from briefing.com<\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"https:\/\/www.briefing.com\/investor\/calendars\/earnings\/2016\/10\/24-28\/\">Earnings<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"https:\/\/www.briefing.com\/investor\/calendars\/economic\/2016\/10\/24-28\">Economic Numbers<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10010"}],"collection":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10010"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10010\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}