{"id":10955,"date":"2017-11-09T08:46:10","date_gmt":"2017-11-09T13:46:10","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10955"},"modified":"2017-11-09T08:46:10","modified_gmt":"2017-11-09T13:46:10","slug":"before-the-open-nov-9-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10955","title":{"rendered":"Before the Open (Nov 9)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Thursday. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed mixed. Hong Kong, China and Australia did well; Japan, New Zealand, Taiwan and Thailand were weak. <strong>Europe, Africa and the Middle East<\/strong> are mostly down. The UAE is up, but Poland, Turkey, Germany, Denmark, Finland, Norway, Israel, Austria and Sweden are down more than 1%. Futures in the <strong>States<\/strong> point towards a relatively big 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\/1IKAwo36wsQ\">Oil Setups and Trades Profiled<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is down. Oil is up slightly, and copper is down. Gold is up; silver is 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;\"> Pegasystems (PEGA -1.87%) fell 6% in after-hours trading after it reported Q3 adjusted EPS of 5 cents, well below consensus of 15 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Medtronic PLC (MDT -0.26%) rose over 2% in after-hours trading after it reported preliminary Q2 revenue of $7.05 billion, higher than consensus of $6.87 billion.<\/span><br \/>\n<span style=\"font-size: medium;\"> Monster Beverage (MNST +0.14%) slid 5% in after-hours trading after it reported Q3 gross profit margin of 62.6%, below consensus of 64.4%.<\/span><br \/>\n<span style=\"font-size: medium;\"> Hologic (HOLX +0.10%) dropped 6% in after-hours trading after it forecast Q1 adjusted EPS of 48 cents-50 cents, weaker than consensus of 52 cents, and said it sees full-year adjusted EPS of $2.10 to $2.15, the mid-point below consensus of $2.15.<\/span><br \/>\n<span style=\"font-size: medium;\"> RingCentral (RNG -1.47%) gained nearly 2% in after-hours trading after it reported Q3 revenue of $129.8 million, better than consensus of $126 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> SolarEdge Technologies (SEDG +0.15%) rallied over 12% in after-hours trading after it reported Q3 revenue of $166.6 million, higher than consensus of $159.2 million, and then said it sees Q4 revenue of $175 million to $185 million, well above consensus of $146.9 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Kronos Worldwide (KRO +0.73%) climbed almost 3% in after-hours trading after it reported Q3 EPS of 64 cents, well above consensus of 44 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Twilio (TWLO -1.94%) rose over 2% in after-hours trading after it said it sees Q4 revenue of $102.5 million to $104.5 million, above consensus of $98.6 million, and then said it sees full-year revenue of $386.5 million to $288.5 million, better than consensus of $374 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Achaogen (AKAO +3.01%) dropped 6% in after-hours trading after it said it ended Q3 with cash and cash equivalents of $199.4 million versus $230.3 million at the end of last quarter.<\/span><br \/>\n<span style=\"font-size: medium;\"> Hostess Brands (TWNK +0.62%) slipped almost 2% in after-hours trading after it reported Q3 revenue of $192.3 million, weaker than consensus of $197.9 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Bristow Group (BRS -0.11%) surged 17% in after-hours trading after it reported Q2 operating revenue of $358 million, better than consensus of $348 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Energous (WATT +0.27%) lost nearly 3% in after-hours trading after it reported a Q3 adjusted Ebitda loss of -$7.9 million, a wider loss than consensus of -$7.2 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> SRC Energy (SRCI +0.55%) fell 7% in after-hours trading after it filed to sell 35 million shares of common stock.<\/span><br \/>\n<span style=\"font-size: medium;\"> Maiden Holdings Ltd (MHLD +0.60%) tumbled 16% in after-hours trading after it reported an unexpected Q3 operating loss of -66 cents per share, weaker than consensus of a profit of 9 cents EPS.<\/span><br \/>\n<span style=\"font-size: medium;\"> Otonomy (OTIC -1.75%) catapulted over 110% higher in after -hours trading after its Otividex drug met its primary endpoint in a Phase 3 study of patients with Meniere&#8217;s Disease with no drug-related serious adverse events observed.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Wednesday&#8217;s Key Earnings<\/strong><br \/>\n<span style=\"font-size: medium;\"> 21st Century Fox (NASDAQ:FOXA) +1% AH boosted network fees.<br \/>\n<span style=\"font-size: medium;\"> CenturyLink (NYSE:CTL) -7.8% AH lowering full-year guidance.<br \/>\n<span style=\"font-size: medium;\"> Roku (NASDAQ:ROKU) +28.2% AH on strong maiden earnings.<br \/>\n<span style=\"font-size: medium;\"> Square (NYSE:SQ) -2.1% AH despite raising its outlook.<\/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;\"> 8:30 Initial Jobless Claims<br \/>\n<span style=\"font-size: medium;\"> 9:45 Bloomberg Consumer Comfort Index<br \/>\n<span style=\"font-size: medium;\"> 10:00 Wholesale Trade<br \/>\n<span style=\"font-size: medium;\"> 10:30 EIA Natural Gas Inventory<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Results of $15B, 30-Year Note Auction<br \/>\n<span style=\"font-size: medium;\"> 4:30 PM Money Supply<br \/>\n<span style=\"font-size: medium;\"> 4:30 PM Fed Balance Sheet<\/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 Thursday. The Asian\/Pacific markets closed mixed. Hong Kong, China and Australia did well; Japan, New Zealand, Taiwan and Thailand were weak. Europe, Africa and the Middle East are mostly down. The UAE is up, but Poland, Turkey, Germany, Denmark, Finland, Norway, Israel, Austria and Sweden are down more than 1%. Futures in [&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\/10955"}],"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=10955"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10955\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}