{"id":10554,"date":"2017-07-26T08:04:03","date_gmt":"2017-07-26T13:04:03","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10554"},"modified":"2017-07-26T08:04:03","modified_gmt":"2017-07-26T13:04:03","slug":"before-the-open-jul-26-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10554","title":{"rendered":"Before the Open (Jul 26)"},"content":{"rendered":"

Good morning. Happy Wednesday. Happy Fed Day. <\/span>
\n The Asian\/Pacific<\/strong> markets closed with a lean to the upside. Hong Kong, India, Australia and the Philippines did well; South Korea and Taiwan were weak. Europe, Africa and the Middle East<\/strong> are mostly up. Greece is down more than 1%, but the UK, Poland, France, Finland, Switzerland, Norway, Belgium, and Austria are doing well. Futures in the States<\/strong> point towards a moderate gap up open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>LeavittBrothers.net Overview<\/a>
\n—————<\/span>
\n The dollar is up a small amount. Oil and copper are up. Gold and silver are down. Bonds are mixed. <\/span>
\nStock headlines<\/strong> from barchart.com…<\/span>
\n There are 38 of the S&P 500 companies that already reported earnings this morning, most of which beat earnings expectations. Positive reports include Ford (F -0.18%) at $0.56, Baxter (BAX -1.02%) at 0.63, Boeing (BA +0.13%) at 2.55, State Street (STT +1.10%) at 1.67, Nasdaq (NDAQ +0.14%) at 1.02, Coca-Cola (KO +0.89%) at 0.59, Waste Management (WM +0.73%) at 0.82, and General Dynamics (GD -0.67%) at 2.45.<\/span>
\n SPX companies this morning that underperformed the consensus include Hess (HES +2.81%) at -1.46, Six Flags (SIX +0.31%) at 0.59, Lab Corp of America (LH -0.61%) at 2.23, AO Smith (AOS -0.51%) at 0.53, and Alaska Air (ALK +0.14%) at 2.51.<\/span>
\n AMD (AMD -0.35%) rallied 7% in after-hours trading after beating its EPS consensus<\/span>
\n AT&T (T -0.03%) rallied 2.4% in after-hours trading after beating its EPS consensus<\/span>
\n Wynn Resorts (WYNN +0.32%) fell -3% in after-hours trading as its EPS fell short of the consensus despite a rebound in Macau revenue<\/span>
\n Today’s Economic Calendar<\/strong>
\n 7:00 MBA Mortgage Applications
\n 10:00 New Home Sales
\n 10:30 EIA Petroleum Inventories
\n 11:30 Results of $15B, 2-Year FRN Auction
\n 1:00 PM Results of $34B, 5-Year Note Auction
\n 2:00 PM FOMC Announcement<\/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 Wednesday. Happy Fed Day. The Asian\/Pacific markets closed with a lean to the upside. Hong Kong, India, Australia and the Philippines did well; South Korea and Taiwan were weak. Europe, Africa and the Middle East are mostly up. Greece is down more than 1%, but the UK, Poland, France, Finland, Switzerland, Norway, […]<\/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\/10554"}],"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=10554"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10554\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}