{"id":10735,"date":"2017-09-08T07:33:58","date_gmt":"2017-09-08T12:33:58","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10735"},"modified":"2017-09-08T07:33:58","modified_gmt":"2017-09-08T12:33:58","slug":"before-the-open-sep-8-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10735","title":{"rendered":"Before the Open (Sep 8)"},"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 mixed. Hong Kong, New Zealand, Taiwan and Indonesia lead to the upside while Japan and South Korea posted losses. <strong>Europe, Africa and the Middle East<\/strong> are trading mixed. Russia and Saudi Arabia are up; the UK, Turkey, Norway and Hungary are down. Futures in the <strong>States<\/strong> point towards a moderate gap down 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\/gWFJku17jmo\">My Favorite Intermediate Term Trading Setup<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is down. Oil and copper are down. Gold and silver are up. Bonds are up. <\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Aflac (AFL -1.38%) was downgraded to &#8216;Underperform&#8217; from &#8216;Neutral&#8217; at Bank of America\/Merrill Lynch.<\/span><br \/>\n<span style=\"font-size: medium;\"> Teleflex (TFX +0.77%) was upgraded to &#8216;Outperform&#8217; from &#8216;Market Perform&#8217; at Leerink Partners LLC with a price target of $266.<\/span><br \/>\n<span style=\"font-size: medium;\"> Equifax (EFX +0.94%) fell 6% in after-hours trading after it said a cybersecurity incident may potentially impact approximately 143 million U.S. customers.<\/span><br \/>\n<span style=\"font-size: medium;\"> Zumiez (ZUMZ +0.38%) jumped over 10% in after-hour trading after it said it sees Q3 revenue of $236 million to $241 million, higher than consensus of $228.2 million,<\/span><br \/>\n<span style=\"font-size: medium;\"> Science Applications International (SAIC -0.25%) dropped 6% in after-hours trading after it reported Q2 adjusted EPS of 80 cents, below consensus of 91 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Finisar (FNSR -0.41%) slipped 6% in after-hours trading after it said it sees Q2 revenue of $322 million to $342 million, weaker than consensus of $369.2 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> VeriFone Systems (PAY +0.57%) slid nearly 5% in after-hours trading after it said it sees Q4 adjusted EPS of 43 cents, weaker than consensus of 46 cents, and that it sees full-year adjusted EPS of $1.30, below consensus of $1.33.<\/span><br \/>\n<span style=\"font-size: medium;\"> Redfin (RDFN -1.93%) moved up over 3% in after-hours trading after it said it sees Q3 revenue of $108.5 million-$110.5 million, above consensus of $107.2 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Cloudera (CLDR +1.71%) rose over 2% in after-hours trading after it reported Q2 revenue of $89.8 million, better than consensus of $85.7 million, and then said it sees full-year revenue of $355 million to $360 million, above consensus of $347.9 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Okta Inc (OKTA +0.37%) climbed 3% in after-hours trading after it reported Q2 revenue of $61 million, above consensus of $55.9 million, and said it sees Q3 revenue of $62 million to $63 million, higher than consensus of $60.1 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Versartis (VSAR +7.44%) gained 2% in after-hours trading after it confirmed that Phase 3 topline data on its pediatric growth hormone deficiency therapy will be out at the end of the month.<\/span><br \/>\n<span style=\"font-size: medium;\"> REV Group (REVG +0.40%) rose over 2% in after-hours trading after it reported Q3 adjusted Ebitda of $45.5 million, better than consensus of $42.5 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> American Outdoor Brands (AOBC unch) slumped 17% in after-hours trading after it reported Q1 adjusted EPS of 2 cents, well below consensus of 11 cents, and then said it sees full-year adjusted EPS of $1.04 to $1.24, weaker than consensus of $1.52.<\/span><br \/>\n<span style=\"font-size: medium;\"> Kura Oncology (KURA -1.44%) soared over 25% in after-hours trading after its drug Tipifarnib achieved its primary endpoint in a Phase 2 trial of patients with HRAS mutant relapsed or refractory squamous cell carcinomas.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 8:45 Fed&#8217;s Harker: \u201cConsumer Finance\u201d<br \/>\n<span style=\"font-size: medium;\"> 10:00 Wholesale Trade<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Baker-Hughes Rig Count<br \/>\n<span style=\"font-size: medium;\"> 3:00 PM Consumer Credit<\/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 mixed. Hong Kong, New Zealand, Taiwan and Indonesia lead to the upside while Japan and South Korea posted losses. Europe, Africa and the Middle East are trading mixed. Russia and Saudi Arabia are up; the UK, Turkey, Norway and Hungary are down. Futures in the States point [&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\/10735"}],"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=10735"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10735\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}