{"id":10182,"date":"2017-01-27T08:47:05","date_gmt":"2017-01-27T13:47:05","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10182"},"modified":"2017-01-27T08:47:05","modified_gmt":"2017-01-27T13:47:05","slug":"before-the-open-jan-27-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10182","title":{"rendered":"Before the Open (Jan 27)"},"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 with a lean to the upside. Australia, India and Singapore did the best. <strong>Europe<\/strong> is currently mostly down, but movement isn&#8217;t too extreme. Greece is down more than 3%. Sweden, Norway and France are also weak. Russia is doing well. Futures in the <strong>States<\/strong> point towards a flat-to-up open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> VIDEO: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"https:\/\/youtu.be\/udnVXIQdRQs\">There&#8217;s a Bull Market Somewhere<\/a><strong><\/strong><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is up. Oil is down; copper is up. Gold and silver are down. Bonds are down. <\/span><br \/>\n<span style=\"font-size: medium;\"> Long is the only side of the market to be on. You can be cautiously long, but you still have to be long. Here&#8217;s the S&amp;P weekly. <\/span><br \/>\n<img src=\"http:\/\/leavittbrothers.com\/blog\/i\/spxW012717.png\" alt=\"\" \/><br \/>\n<span style=\"font-size: medium;\"><strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Alphabet (GOOGL -0.17%) slid nearly 3% in after-hours trading after it reported Q4 adjusted EPS of $9.36, lower than consensus of $9.62.<\/span><br \/>\n<span style=\"font-size: medium;\"> Starbucks (SBUX -0.41%) dropped over 3% in after-hours trading after it reported Q1 comparable same-store sales up 3.0%, weaker than consensus of +3.7%.<\/span><br \/>\n<span style=\"font-size: medium;\"> Microsoft (MSFT +0.93%) gained nearly 1% in after-hours trading after it reported Q2 adjusted EPS ex-LinkedIn of 84 cents, higher than consensus of 79 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> PayPal Holdings (PYPL -0.50%) fell over 3% in after-hours trading after it forecast 2017 adjusted EPS of $1.69-$1.74, weaker than consensus of $1.74.<\/span><br \/>\n<span style=\"font-size: medium;\"> Wynn Resorts Ltd (WYNN -0.95%) rallied 7% in after-hours trading after it reported Q4 net revenue of $1.30 billion, better than consensus of $1.27 billion.<\/span><br \/>\n<span style=\"font-size: medium;\"> Juniper Networks (JNPR -1.49%) dropped over 7% in after-hours trading after it said it sees Q1 adjusted EPS of 38 cents-44 cents, weaker than consensus of 46 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Super Micro Computer (SMCI +0.35%) surged 10% in after-hours trading after it reported Q2 adjusted EPS of 48 cents, better than consensus of 46 cents, and then said it sees Q3 sales of $570 million to $630 million, well above consensus of $552.1 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Robert Half International (RHI +0.24%) slid nearly 5% in after-hours trading after it reported Q4 EPS of 61 cents, weaker than consensus of 64 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> KLA-Tencor Corp. (KLAC -1.68%) rose 3% in after-hours trading after it reported Q2 adjusted EPS of $1,52, higher than consensus of $1.40.<\/span><br \/>\n<span style=\"font-size: medium;\"> Proofpoint (PFPT +2.26%) fell 4% in after-hours trading after it reported Q4 billings of $138.4 million, below some analysts&#8217; estimates of $140 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Valero Energy (VLO -1.40%) gained almost 1% in after-hours trading after it boosted its quarterly dividend to 70 cents a share from 60 cents a share, higher than expectations of 65 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Synaptics (SYNA -2.87%) jumped over 6% in after-hours trading after it reported Q2 net revenue of $461.3 million, above consensus of $451.8 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> OSI Systems (OSIS -1.66%) climbed 3% in after-hours trading after it reported Q2 adjusted EPS of 68 cents, better than consensus of 61 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Microsemi Corp. (MSCC +0.34%) slipped over 1% in after-hours trading after it reported Q1 adjusted EPS of 86 cents, right on expectations.<\/span><br \/>\n<span style=\"font-size: medium;\"> Greenhill &amp; Co. (GHL -0.52%) rallied 5% in after-hours trading after it reported Q4 revenue of $101.6 million, higher than consensus of $100.7 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Thursday&#8217;s Key Earnings<\/strong><br \/>\n<span style=\"font-size: medium;\"> Alphabet (NASDAQ:GOOG) -2.1% AH earnings miss, higher costs.<br \/>\n<span style=\"font-size: medium;\"> Baker Hughes (NYSE:BHI) -0.6% on a fourth-quarter loss.<br \/>\n<span style=\"font-size: medium;\"> Blackstone (NYSE:BX) +2% as profit nearly doubled.<br \/>\n<span style=\"font-size: medium;\"> Biogen (NASDAQ:BIIB) +2.1% on positive guidance for 2017.<br \/>\n<span style=\"font-size: medium;\"> Bristol-Myers (NYSE:BMY) -5.5% slashing its outlook.<br \/>\n<span style=\"font-size: medium;\"> Caterpillar (NYSE:CAT) -1% dipping on softer guidance.<br \/>\n<span style=\"font-size: medium;\"> Celgene (NASDAQ:CELG) -2.2% after acquiring Delinia.<br \/>\n<span style=\"font-size: medium;\"> Comcast (NASDAQ:CMCSA) +2.8% boosting its buyback, dividend.<br \/>\n<span style=\"font-size: medium;\"> Dow Chemical (NYSE:DOW) +2% after topping estimates.<br \/>\n<span style=\"font-size: medium;\"> Ford (NYSE:F) -3.3% seeing lower 2017 profits.<br \/>\n<span style=\"font-size: medium;\"> Intel (INTC) +0.1% AH on strong holiday sales.<br \/>\n<span style=\"font-size: medium;\"> JetBlue (NASDAQ:JBLU) -3.1% expecting soft January revenues.<br \/>\n<span style=\"font-size: medium;\"> Microsoft (MSFT) +1.4% AH buoyed by its cloud business.<br \/>\n<span style=\"font-size: medium;\"> PayPal (NASDAQ:PYPL) -0.6% AH with uninspiring Q1 guidance.<br \/>\n<span style=\"font-size: medium;\"> Potash (NYSE:POT) -3% on weak fertilizer prices.<br \/>\n<span style=\"font-size: medium;\"> Southwest (NYSE:LUV) +9% with record earnings in 2016.<br \/>\n<span style=\"font-size: medium;\"> Starbucks (NASDAQ:SBUX) -4% AH on light comparable sales.<br \/>\n<span style=\"font-size: medium;\"> VMware (NYSE:VMW) +3.9% AH following strong Q4 results.<\/span><\/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;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 8:30 GDP Q4<br \/>\n<span style=\"font-size: medium;\"> 8:30 Durable Goods<br \/>\n<span style=\"font-size: medium;\"> 10:00 Consumer Sentiment<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Baker-Hughes Rig Count<\/span><\/span><\/span><\/span><\/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=\"http:\/\/www.morningstar.com\/earnings\/earnings-calendar.aspx\">Earnings<\/a><\/span> from Morningstar<br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/mam.econoday.com\/\">Economic Numbers\/Reports<\/a><\/span> powered by ECONODAY<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Friday. The Asian\/Pacific markets closed with a lean to the upside. Australia, India and Singapore did the best. Europe is currently mostly down, but movement isn&#8217;t too extreme. Greece is down more than 3%. Sweden, Norway and France are also weak. Russia is doing well. Futures in the States point towards a [&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\/10182"}],"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=10182"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10182\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}