{"id":10945,"date":"2017-11-07T08:39:58","date_gmt":"2017-11-07T13:39:58","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10945"},"modified":"2017-11-07T08:39:58","modified_gmt":"2017-11-07T13:39:58","slug":"before-the-open-nov-7-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10945","title":{"rendered":"Before the Open (Nov 7)"},"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 closes mostly up. Japan, China, Hong Kong, Taiwan, Australia and Singapore did well; India was weak. <strong>Europe, Africa and the Middle East<\/strong> are currently mixed. Russia is up more than 3%; South Africa, Poland, Portugal and Austria are also doing well. Turkey, the UAE, Greece, Hungary and Saudi Arabia are down. Futures in the <strong>States<\/strong> point towards a slight down open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\">The dollar is up. Oil is flat; copper is down. Gold and silver are down. Bonds are down. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more--><strong>Webinar Series&#8230;<\/strong><\/span><br \/>\n<span style=\"font-size: medium;\">&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> Webinar: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"https:\/\/youtu.be\/y7J8zthHCNg\">The Real Keys to Surviving and Making Solid Profits in the Market, Part I<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\">&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> Webinar: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"https:\/\/youtu.be\/cY_6oxipJa0\">The Real Keys to Surviving and Making Solid Profits in the Market, Part II<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\">&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> Webinar: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"https:\/\/youtu.be\/EWB8XUtqqZk\">The Real Keys to Surviving and Making Solid Profits in the Market, Part III<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Priceline Group (PCLN +0.45%) tumbled over 9% in after-hours trading after it said it sees Q4 adjusted EPS of $13.40 to $14.00, well below consensus of $15.56.<\/span><br \/>\n<span style=\"font-size: medium;\"> Weight Watchers International (WTW +0.27%) rallied 10% in after-hours trading after it reported Q3 EPS of 65 cents, higher than consensus of 51 cents, and then said it sees full-year EPS of $1.77 to $1.83, better than consensus of $1.46.<\/span><br \/>\n<span style=\"font-size: medium;\"> Red Robin Gourmet Burgers (RRGB +0.15%) sank 18% in after-hours trading after it reported Q3 adjusted EPS of 21 cents, well below consensus of 29 cents, and then forecast full-year EPS of $2.16 to $2.31 weaker than consensus of $2.80.<\/span><br \/>\n<span style=\"font-size: medium;\"> Las Vegas Sands (LVS +1.02%) was upgraded to &#8216;Overweight&#8217; from &#8216;Equal Weight&#8217; at Morgan Stanley with a price target of $72.<\/span><br \/>\n<span style=\"font-size: medium;\"> U.S. Silica Holdings (SLCA +3.55%) jumped 6% in after-hours trading after it reported Q3 revenue of 34 million, higher than consensus of $328.9 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Veritone (VERI +6.26%) tumbled over 12% in after-hours trading after it reported a Q3 net loss of -$1.31 per share, wider than consensus of -43 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Lowe&#8217;s (LOW -0.65%) was initiated with a recommendation of &#8216;Overweight&#8217; at KeyBanc Capital Markets with a 12-month target price of $98.<\/span><br \/>\n<span style=\"font-size: medium;\"> Zayo Group Holdings (ZAYO -0.12%) slipped nearly 4% in after-hours trading after it reported Q1 EPS of 9 cents, weaker than consensus of 12 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Tenet Healthcare (THC -3.29%) fell 5% in after-hours trading after it said it sees Q4 adjusted EPS of $1.20 to $1.35, below consensus of $1.55, and then lowered guidance on full-year adjusted EPS to 59 cents-74 cents from a prior view of 69 cents to 99 cents, weaker than consensus of 75 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Avis Budget Group (CAR +1.10%) dropped 11% in after-hours trading after it lowered guidance on full-year adjusted EPS to $2.45 to $2.65 from a prior view of $2.40 to $2.85, weaker than consensus of $2.69.<\/span><br \/>\n<span style=\"font-size: medium;\"> TripAdvisor (TRIP +1.67%) dropped nearly 9% in after-hours trading after it reported Q3 revenue of $439 million, weaker than consensus of $451.7 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Lannett (LCI +2.42%) jumped over 8% in after-hours trading after it said it sees full-year net sales of $710 million to $720 million, well above consensus of $654.9 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> AMC Entertainment Holdings (AMC +2.52%) slid 7% in after-hours trading after it said it sees 2017 revenue of $5.00 billion to $5.20 billion, the mid-point below consensus of $5.16 billion.<\/span><br \/>\n<span style=\"font-size: medium;\"> TrueCar (TRUE +1.55%) plunged 26% in after-hours trading after it reported Q3 revenue of $82.4 million, weaker than consensus of $86.9 million, and then forecast full-year revenue of $321 million to $323 million, below consensus of $328.6 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Manitowoc (MTW +1.20%) rose nearly 5% in after-hours trading after it reported Q3 revenue of $399.4 million, better than consensus of $385.1 million.<\/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>Monday&#8217;s Key Earnings<\/strong><br \/>\n<span style=\"font-size: medium;\"> CVS Health (NYSE:CVS) -3.5% selling RXCrossroads to McKesson.<br \/>\n<span style=\"font-size: medium;\"> Michael Kors (NYSE:KORS) +14.7% raising its outlook for 2017.<br \/>\n<span style=\"font-size: medium;\"> Mylan (NASDAQ:MYL) -1% missing expectations for Q3.<br \/>\n<span style=\"font-size: medium;\"> Priceline (NASDAQ:PCLN) -10.9% AH disclosing a disappointing outlook.<br \/>\n<span style=\"font-size: medium;\"> Skyworks Solutions (NASDAQ:SWKS) -4.6% AH despite in-line guidance.<br \/>\n<span style=\"font-size: medium;\"> TripAdvisor (NASDAQ:TRIP) -9.4% AH fighting bookings competition.<\/span><\/span><\/span><\/span><\/span><\/span><\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 6:00 NFIB Small Business Optimism Index<br \/>\n<span style=\"font-size: medium;\"> 8:30 Gallup US ECI<br \/>\n<span style=\"font-size: medium;\"> 8:55 Redbook Chain Store Sales<br \/>\n<span style=\"font-size: medium;\"> 10:00 Job Openings and Labor Turnover Survey<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Results of $24B, 3-Year Note Auction<br \/>\n<span style=\"font-size: medium;\"> 3:00 PM Consumer Credit<br \/>\n<span style=\"font-size: medium;\"> 3:00 PM Janet Yellen speech<\/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 closes mostly up. Japan, China, Hong Kong, Taiwan, Australia and Singapore did well; India was weak. Europe, Africa and the Middle East are currently mixed. Russia is up more than 3%; South Africa, Poland, Portugal and Austria are also doing well. Turkey, the UAE, Greece, Hungary and Saudi [&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\/10945"}],"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=10945"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10945\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}