{"id":10412,"date":"2017-04-27T07:53:06","date_gmt":"2017-04-27T12:53:06","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10412"},"modified":"2017-04-27T07:53:06","modified_gmt":"2017-04-27T12:53:06","slug":"before-the-open-apr-27-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10412","title":{"rendered":"Before the Open (Apr 27)"},"content":{"rendered":"

Good morning. Happy Thursday.<\/span>
\n The Asian\/Pacific<\/strong> markets closed mixed; there were no outstanding winners or losers. Europe<\/strong> currently leans to the downside. Turkey and Finland are up; the UK, France, Russia, the Netherlands, Spain, Italy and Belgium are down. Futures in the States<\/strong> point to a positive open for the cash market. <\/span>
\n—————
\n My <\/strong>podcast<\/a> – with Chat With Traders<\/strong>
\n—————<\/span>
\n The dollar is flat. Oil and copper are down. Gold and silver are flat. Bonds are down. <\/span>
\n Most of the indexes paused yesterday; the small caps moved to new all-time highs. After lagging for a while, they’re now leading. Here are the SPX and RUT charts. <\/span>
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\n\"\"
\n There are many big earnings reports out today, including GOOGL, AMZN and INTC<\/span>
\nStock headlines<\/strong> from barchart.com…<\/span>
\n McDonald’s (MCD -0.61%) was upgraded to ‘Buy’ from ‘Hold’ at Argus with a price target of $158.<\/span>
\n O’Reilly Automotive (ORLY +0.42%) fell 2% in after-hours trading after it reported Q1 sales of $2.16 billion, below consensus of $2.22 billion.<\/span>
\n Buffalo Wild Wings (BWLD -0.25%) slid nearly 3% in after-hours trading after it reported Q1 EPS of $1.25, below consensus of $1.69.<\/span>
\n Graco (GGG +1.47%) rallied 5% in after-hours trading after it reported Q1 net sales of $340.6 million, better than consensus of $315.1 million.<\/span>
\n F5 Networks (FFIV -0.64%) dropped nearly 8% in after-hours trading after it reported Q2 net revenue of $518.2 million, weaker than consensus of $523.1 million.<\/span>
\n ServiceNow (NOW +0.75%) climbed almost 5% in after-hours trading after it reported Q1 adjusted EPS of 24 cents, well above consensus of 17 cents.<\/span>
\n Xilinx (XLNX -1.15%) gained over 4% in after-hours trading after it reported Q4 EPS of 57 cents, better than consensus of 54 cents.<\/span>
\n Citrix Systems (CTXS +0.08%) lost nearly 5% in after-hours trading after it reported Q1 net revenue of $662.7 million, below consensus of $664.3 million, and said it sees Q2 revenue of $685 million-$695 million, weaker than consensus of $695.3 million.<\/span>
\n PayPal Holdings (PYPL -0.67%) rose over 5% in pre-market trading after it raised guidance on 2017 adjusted EPS to $1.74-$1.79 from a prior view of $1.69-$1.74.<\/span>
\n Ethan Allen Interiors (ETH +0.48%) fell 4% in after-hours trading after it reported Q3 adjusted EPS of 23 cents, below consensus of 27 cents.<\/span>
\n Netgear (NTGR -2.93%) lost 5% in after-hours trading after it reported its Q2 adjusted operating margin was 8%-9%, weaker than consensus of 11%.<\/span>
\n Mellanox Technologies Ltd (MLNX -0.10%) slumped over 10% in after-hours trading after it reported Q1 adjusted EPS of 29 cents, well below consensus of 49 cents.<\/span>
\n H&R Block (HRB -1.44%) gained almost 3% in after-hours trading after it said total tax return volume fell -0.1% through Apr 21 compared with the IRS reported decline of -0.3%.<\/span>
\n CryoLife (CRY +3.08%) rallied nearly 7% in after-hours trading after it reported Q1 adjusted EPS of 9 cents, much stronger than consensus of 4 cents.<\/span>
\n Ultra Clean Holdings (UCTT -1.13%) jumped 10% in after-hours trading after it reported Q1 adjusted EPS of 47 cents, above consensus of 42 cents, and then forecast Q2 adjusted EPS of 49 cents-55 cents, higher than consensus of 36 cents.<\/span>
\n American Superconductor (AMSC +4.05%) plunged over 40% in after-hours trading after it reported preliminary Q4 revenue of $15 million-$!6 million, well below its prior view of $22 million-$26 million on Inox “dislocation.”<\/span>
\n Wednesday’s Key Earnings<\/strong>
\n Amgen (NASDAQ:AMGN) -3.1% AH with slipping revenues.
\n Anthem (NYSE:ANTM) +3.8% following Q1 beat, premium warnings.
\n Boeing (NYSE:BA) -1% following a revenue miss.
\n Las Vegas Sands (NYSE:LVS) -1.3% AH despite topping expectations.
\n PayPal (NASDAQ:PYPL) +5.6% AH on higher processing volumes.
\n PepsiCo (NYSE:PEP) -0.7% recording lower margins.
\n Procter & Gamble (NYSE:PG) -2.5% as sales disappointed.
\n Twitter (NYSE:TWTR) +7.9% accelerating growth.
\n United Tech (NYSE:UTX) +1.1% reaffirming its outlook.<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Durable Goods
\n 8:30 Initial Jobless Claims
\n 8:30 International trade in goods
\n 8:30 Retail Inventories
\n 8:30 Wholesale Inventories
\n 9:45 Bloomberg Consumer Comfort Index
\n 10:00 Pending Home Sales
\n 10:30 EIA Natural Gas Inventory
\n 11:00 Kansas City Fed Mfg Survey
\n 1:00 PM Results of $28B, 7-Year Note Auction
\n 3:00 PM Farm Prices
\n 4:30 PM Money Supply
\n 4:30 PM Fed Balance Sheet <\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span>
\nOther<\/strong>…<\/span>
\ntoday’s upgrades\/downgrades<\/a> from briefing.com<\/span>
\nthis week’s Earnings<\/a><\/span> from Morningstar
\nthis week’s Economic Numbers\/Reports<\/a><\/span> powered by ECONODAY<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning. Happy Thursday. The Asian\/Pacific markets closed mixed; there were no outstanding winners or losers. Europe currently leans to the downside. Turkey and Finland are up; the UK, France, Russia, the Netherlands, Spain, Italy and Belgium are down. Futures in the States point to a positive open for the cash market.<\/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\/10412"}],"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=10412"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10412\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}