{"id":10731,"date":"2017-09-07T07:40:05","date_gmt":"2017-09-07T12:40:05","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10731"},"modified":"2017-09-07T07:40:05","modified_gmt":"2017-09-07T12:40:05","slug":"before-the-open-sep-7-5","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10731","title":{"rendered":"Before the Open (Sep 7)"},"content":{"rendered":"

Good morning. Happy Thursday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed with a lean to the upside. Japan, South Korea, Malaysia, Thailand and the Philippines did well; China and Hong Kong were weak. Europe, Africa and the Middle East<\/strong> are currently mostly up. The UK, France, Germany, Russia, Belgium, Austria and Saudi Arabia are doing well; Poland and Portugal are down. Futures in the States<\/strong> point towards a mixed open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>My Favorite Intermediate Term Trading Setup<\/a>
\n—————<\/span>
\n The dollar is down. Oil and copper are down. Gold and silver are up. Bonds are up. <\/span>
\nStock headlines<\/strong> from barchart.com…<\/span>
\n Cabela’s (CAB +1.50%) rallied 14% in after-hours trading after the Federal Reserve cleared the sale of World’s Foremost Bank, a credit-card bank subsidiary of Cabela’s, to Synovus Financial.<\/span>
\n Guidewire Software (GWRE -2.72%) lost nearly 1% in after-hours trading after it said it sees Q1 revenue of $98 million-$102 million, below consensus of $113 million.<\/span>
\n RH (RH -0.64%) surged over 35% in after-hours trading after it reported Q2 adjusted EPS of 65 cents, higher than consensus of 47 cents, and then said it sees full-year adjusted EPS of $2.43-$2.67, better than consensus of $2.16.<\/span>
\n ABM Industries (ABM +0.25%) slipped 1% in after-hours trading after it reported Q3 adjusted EPS from continuing operations of 51 cents, below consensus of 54 cents.<\/span>
\n Verint Systems (VRNT -0.13%) jumped 5% in after-hours trading after it reported Q2 adjusted EPS of 61 cents, well above consensus of 47 cents.<\/span>
\n NCI Building Systems (NCS +0.90%) dropped 12% in after-hours trading after it reported Q3 sales of $469.4 million, weaker than consensus of $495.2 million, and then said it sees full-year revenue of $1.75 billion-$1.78 billion, below consensus of $1.83 billion.<\/span>
\n Descartes Systems Group (DSGX -0.18%) lost over 1% in after-hours trading after it reported Q2 EPS of 9 cents, well below consensus of 25 cents.<\/span>
\n Builders FirstSource (BLDR +2.32%) slid nearly 3% in after-hours trading after it announced a secondary offering of 13.48 million shares of its common stock.<\/span>
\n Alder Biopharmaceuticals (ALDR -2.11%) rallied 6% in after-hours trading after it was initiated a ‘Buy’ at Mizuho Securities USA with a 12-month target price of $32.<\/span>
\n Yext (YEXT +4.48%) gained almost 1% in after-hours trading after it raised its full-year revenue forecast to $169.5 million-$1.70.5 million from a prior view of $169 million-$170 million.<\/span>
\n Matrix Service (MTRX +1.23%) rose 2% in after-hours trading after it said it sees full-year revenue of $1.23 billion to $1.33 billion, above consensus of $1.20 billion.<\/span>
\n AK Steel Holding (AKS +1.21%) gained nearly 1% in after-hours trading after it announced price increases for its carbon steel products and after Macquarie initiated a new ‘Outperform’ on the stock.<\/span>
\n ViewRay (VRAY +1.05%) climbed almost 4% in after-hours trading after it was initiated a ‘Buy’ at Mizuho Securities USA with a 12-month target price of $12.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Initial Jobless Claims
\n 8:30 Productivity and Costs
\n 9:45 Bloomberg Consumer Comfort Index
\n 10:00 Quarterly Services Report
\n 10:30 EIA Natural Gas Inventory
\n 11:00 EIA Petroleum Inventories
\n 12:15 PM Fed’s Mester: Monetary Policy and Economic Outlook
\n 7:00 PM Fed’s Bostic Speech
\n 7:00 PM Fed’s Dudley: Economic Outlook and Monetary Policy
\n 7:00 PM Fed’s George: Economic Outlook<\/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 with a lean to the upside. Japan, South Korea, Malaysia, Thailand and the Philippines did well; China and Hong Kong were weak. Europe, Africa and the Middle East are currently mostly up. The UK, France, Germany, Russia, Belgium, Austria and Saudi Arabia are doing well; Poland and […]<\/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\/10731"}],"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=10731"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10731\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}