{"id":10917,"date":"2017-10-27T07:42:56","date_gmt":"2017-10-27T12:42:56","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10917"},"modified":"2017-10-27T07:42:56","modified_gmt":"2017-10-27T12:42:56","slug":"before-the-open-oct-27-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10917","title":{"rendered":"Before the Open (Oct 27)"},"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 are mostly up. Japan, Hong Kong, South Korea, Malaysia and Singapore are leading the way. <strong>Europe, Africa and the Middle East<\/strong> are doing well. Poland, France, Germany, Denmark, Finland and Kenya are leading; the UAE and Spain are 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\/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 up. Oil and copper are down. Gold and silver are down. 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;\"> Alphabet (GOOGL unch) climbed nearly 3% in pre-market trading after it reported Q3 EPS of $9.57, well above consensus of $8.34.<\/span><br \/>\n<span style=\"font-size: medium;\"> Amazon.com (AMZN -0.05%) jumped 8% in pre-market trading after it reported Q3 EPS of 52 cents, well above consensus of 4 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> First Solar (FSLR +1.12%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at Needham &amp; Co with a 12-month target price of $60.<\/span><br \/>\n<span style=\"font-size: medium;\"> Gilead Sciences (GILD -2.52%) slipped 3% in after-hours trading after it management said during a conference call that competition from AbbVie&#8217;s hepatitis C drug Mavyret is undercutting Gilead and will have a bigger impact in Q4 and into next year.<\/span><br \/>\n<span style=\"font-size: medium;\"> Microsoft (MSFT +0.17%) rose almost 4% in after-hours trading after it reported Q1 EPS of 84 cents, better than consensus of 72 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Intel (INTC +1.40%) gained over 1% in after-hours trading after it reported Q3 adjusted EPS of $1.01, higher than consensus of 80 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Expedia (EXPE -0.37%) slumped 15% in after-hours trading after it reported Q3 adjusted EPS of $2.51, weaker than consensus of $2.62.<\/span><br \/>\n<span style=\"font-size: medium;\"> Stryker (SYK -0.91%) rose almost 3% in after-hours trading after it reported Q3 adjusted EPS of $1.52, above consensus of $1.49, and he said is sees full-year adjusted EPS of $6.45 to $6.50, better than consensus of $6.43.<\/span><br \/>\n<span style=\"font-size: medium;\"> Align Technology (ALGN +0.61%) rallied 13% in after-hours trading after it reported Q3 net revenue of $385.3 million, higher than consensus of $359.8 million, and then said it sees Q4 net revenue of $391 million to $398 million, better than consensus of $368.2 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Electronics for Imaging (EFII -1.33%) sank 15% in after-hours trading after it reported Q3 adjusted EPS of 48 cents, below consensus of 58 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Trimble (TRMB +0.02%) climbed 4% in after-hours trading after it reported Q3 revenue of $670 million, above consensus of $660.1 million, and said it sees Q4 revenue of $655 million-$685 million, better than consensus of $653.5 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Fortinet (FTNT +1.01%) dropped 9% in after-hours trading after it said it sees Q4 revenue of $404 million-$412 million, below consensus of $416.9 million, and said it sees full-year revenue of $1.48 billion-$1.49 billion, the mid-point below consensus of $1.49 billion.<\/span><br \/>\n<span style=\"font-size: medium;\"> Mattel (MAT -0.52%) tumbled 19% in after-hours trading after it reported Q3 adjusted EPS of 9 cents, well below consensus of 57 cents.<\/span><br \/>\n<span style=\"font-size: medium;\">&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong>Join our <a style=\"font-weight: bold; font-size: medium;\" href=\"http:\/\/www.leavittbrothers.com\/email-subscribe.cfm\">email list<\/a> &#8211; get technical research reports sent directly to you.<\/strong><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 8:30 GDP Q3<br \/>\n<span style=\"font-size: medium;\"> 10:00 Consumer Sentiment<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Baker-Hughes Rig Count<\/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 are mostly up. Japan, Hong Kong, South Korea, Malaysia and Singapore are leading the way. Europe, Africa and the Middle East are doing well. Poland, France, Germany, Denmark, Finland and Kenya are leading; the UAE and Spain are weak. Futures in the States point towards a moderate gap [&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\/10917"}],"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=10917"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10917\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}