{"id":10567,"date":"2017-08-01T07:59:48","date_gmt":"2017-08-01T12:59:48","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10567"},"modified":"2017-08-01T07:59:48","modified_gmt":"2017-08-01T12:59:48","slug":"before-the-open-aug-1-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10567","title":{"rendered":"Before the Open (Aug 1)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Tuesday. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed mostly up. Japan, China, Hong Kong, South Korea, New Zealand and Australia did well; Indonesia and the Philippines were weak. <strong>Europe, Africa and the Middle East<\/strong> are mostly up. The UK, France, Germany, Greece, Finland, Russia, Spain, Portugal, Austria, Sweden and the Czech Republic are leading; Turkey is weak. Futures in the <strong>States<\/strong> point towards a moderate gap 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\/KbOcE84GkyY\">LeavittBrothers.net Overview<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is up. Oil and copper are down. Gold and silver are down. Bonds are down. <\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Cognex (CGNX +0.27%) rallied over 8% in after-hours trading after it reported Q2 EPS from continuing operations of 63 cents, higher than consensus of 53 cents, and then said it sees Q3 revenue of $250 million-$260 million, above consensus of $179.4 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> CME Group (CME +1.10%) reported Q2 revenue of $924.6 million, below consensus of $930.8 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> U.S. Silica Holdings (SLCA +0.41%) tumbled over 9% in after-hours trading after it reported Q2 revenue of $290.5 million, less than consensus of $315.9 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Texas Roadhouse (TXRH -0.84%) jumped over 7% in after-hours trading after it reported Q2 revenue of $566.3 million, higher than consensus of $563.3 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> HealthSouth (HLS -0.40%) rose over 3% in after-hours trading after it reported Q2 adjusted EPS of 71 cents, better than consensus of 68 cents, and then said it sees full-year operating revenue of $3.88 billion-$3.95 billion, higher than consensus of $3.87 billion.<\/span><br \/>\n<span style=\"font-size: medium;\"> Allison Transmission Holdings (ALSN +0.43%) rallied 7% in after-hours trading after it reported Q2 EPS of 63 cents, well above consensus of 48 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> GrubHub (GRUB -1.09%) climbed 3% in pre-market trading after it signed a commercial strategic partnership to power food delivery for Groupon in more than 1,100 U.S. cities. Groupon (GRPN -1.05%) also rose 3% in pre-market trading on the news.<\/span><br \/>\n<span style=\"font-size: medium;\"> Trine Group (TNET +3.61%) jumped nearly 5% in after-hours trading after it reported Q2 adjusted EPS of 52 cents, well above consensus of 27 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Owens-Illinois (OI -0.25%) gained nearly 3% in after-hours trading after it reported Q2 net sales of $1.8 billion, better than consensus of $1.77 billion, and then said it sees full-year adjusted EPS of $2.55 to $2.65, higher than consensus of $2.51.<\/span><br \/>\n<span style=\"font-size: medium;\"> TimkenSteel (TMST +1.08%) fell over 5% in after-hours trading after it forecast Q3 Ebitda to be between $10 million-$20 million, less than $24.7 million in Q2 due to pension-settlement expense.<\/span><br \/>\n<span style=\"font-size: medium;\"> Nautilus (NLS +0.28%) dropped over 6% in after-hours trading after it reported Q2 gross margins of 49.8%, below consensus of 52.2%.<\/span><br \/>\n<span style=\"font-size: medium;\"> Pandora Media (P -5.49%) rose nearly 3% in after-hours trading after it reported Q2 revenue of $376.8 million, better than consensus of $367.4 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Amkor Technology (AMKR -1.14%) dropped over 5% in after-hours trading after it forecast Q3 net sales of $1.04 billion-$1.12 billion, below consensus of $1.16 billion.<\/span><br \/>\n<span style=\"font-size: medium;\"> Harmonic (HLIT +2.50%) slid nearly 4% in after-hours trading after it said it sees Q3 net revenue of $80 million to $90 million, below consensus of $96.4 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Monday&#8217;s Key Earnings<\/strong><br \/>\n<span style=\"font-size: medium;\"> Pandora (NYSE:P) -1.2% AH narrowing its revenue expectations.<br \/>\n<span style=\"font-size: medium;\"> Sanofi (NYSE:SNY) -0.4% hit by restructuring costs.<\/span><\/span><\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> Auto Sales<br \/>\n<span style=\"font-size: medium;\"> 8:30 Personal Income and Outlays<br \/>\n<span style=\"font-size: medium;\"> 8:55 Redbook Chain Store Sales<br \/>\n<span style=\"font-size: medium;\"> 9:45 PMI Manufacturing Index<br \/>\n<span style=\"font-size: medium;\"> 10:00 ISM Manufacturing Index<br \/>\n<span style=\"font-size: medium;\"> 10:00 Construction Spending<br \/>\n<span style=\"font-size: medium;\"> 2:00 PM Gallup US ECI<\/span><\/span><\/span><\/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 Tuesday. The Asian\/Pacific markets closed mostly up. Japan, China, Hong Kong, South Korea, New Zealand and Australia did well; Indonesia and the Philippines were weak. Europe, Africa and the Middle East are mostly up. The UK, France, Germany, Greece, Finland, Russia, Spain, Portugal, Austria, Sweden and the Czech Republic are leading; Turkey [&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\/10567"}],"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=10567"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10567\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}