{"id":10961,"date":"2017-11-10T08:38:56","date_gmt":"2017-11-10T13:38:56","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10961"},"modified":"2017-11-10T08:38:56","modified_gmt":"2017-11-10T13:38:56","slug":"before-the-open-nov-10-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10961","title":{"rendered":"Before the Open (Nov 10)"},"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 mostly down. China did okay, but Japan, New Zealand, Thailand and the Philippines were weak. <strong>Europe, Africa and the Middle East<\/strong> are currently mostly down. Austria and the Czech Republic are up; the UK, Poland, Turkey, Greece 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\/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 flat. Oil and copper are flat. Gold is down; silver is up. 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;\"> Macy&#8217;s (M +10.98%) was downgraded to &#8216;Short&#8217; from no position at Evercore ISI.<\/span><br \/>\n<span style=\"font-size: medium;\"> Walt Disney (DIS +1.48%) gained over 1% in after-hours trading after it said in a conference call that it is making another trilogy of &#8216;Star Wars&#8217; movies to be released after 2020.<\/span><br \/>\n<span style=\"font-size: medium;\"> Trade Desk (TTD -3.84%) tumbled 11% in after-hours trading after it said it sees Q4 revenue of $101.0 million, below consensus of $101.8 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Nvidia (NVDA -1.84%) gained almost 2% in after-hours trading after it reported Q3 revenue of $2.64 billion, higher than consensus of $2.36 billion, and then said it sees Q4 revenue of $2.65 billion plus or minus 2%, better than consensus of $2.44 billion.<\/span><br \/>\n<span style=\"font-size: medium;\"> Redfin (RDFN +6.91%) fell nearly 7% in after-hours trading after it reported Q3 revenue of $109.5 million, below consensus of $110.7 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Nordstrom (JWN +4.52%) lost nearly 1% in after-hours trading after it reported Q3 gross margin of 34.7%, below consensus of 35.1%.<\/span><br \/>\n<span style=\"font-size: medium;\"> Ichor Holdings Ltd (ICHR -2.07%) dropped over 4% in after-hours trading after it announced that it acquired Talon Innovations in a stock purchase agreement for $130 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Hertz Global Holdings (HTZ -4.67%) climbed 7% in after-hours trading after it reported Q3 adjusted EPS of $1.42, better than consensus of $1.33.<\/span><br \/>\n<span style=\"font-size: medium;\"> Intrexon (XON +0.51%) fell 3% in after-hours trading after it reported Q3 revenue of $46 million, weaker than consensus of $55.1 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Dynavax Technologies (DVAX -3.84%) rallied 14% in after-hours trading after the FDA approved its Heplisav-B vaccine for prevention of infection caused by hepatitis B in adults.<\/span><br \/>\n<span style=\"font-size: medium;\"> Airgain (AIR -0.62%) dropped 6% in after-hours trading after it reported Q3 adjusted EPS of 5 cents, below consensus of 7 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Immunomedics (IMMU +3.06%) jumped over 8% in after-hours trading after the company appointed former president of hematology and oncology at Celgene, Michael Pehl, as CEO.<\/span><br \/>\n<span style=\"font-size: medium;\"> Lightpath Technologies (LPTH +0.81%) tumbled 14% in after-hours trading after it reported Q1 revenue of $7.6 million, below consensus of $8.4 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Thursday&#8217;s Key Earnings<\/strong><br \/>\n<span style=\"font-size: medium;\"> Disney (DIS) +1% AH detailing streaming plans.<br \/>\n<span style=\"font-size: medium;\"> Equifax (NYSE:EFX) following its security breach.<br \/>\n<span style=\"font-size: medium;\"> Hertz (NYSE:HTZ) +9.5% AH on better U.S. pricing.<br \/>\n<span style=\"font-size: medium;\"> Kohl&#8217;s (NYSE:KSS) +0.9% after a soft quarter.<br \/>\n<span style=\"font-size: medium;\"> Macy&#8217;s (NYSE:M) +11% meeting guidance for 2017.<br \/>\n<span style=\"font-size: medium;\"> Nordstrom (NYSE:JWN) -1.6% AH amid weaker same-store sales.<br \/>\n<span style=\"font-size: medium;\"> Nvidia (NASDAQ:NVDA) +3.2% AH on data center gains.<br \/>\n<span style=\"font-size: medium;\"> TransCanada (NYSE:TRP) +0.1% with support for Keystone XL.<\/span><\/span><\/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;\"> 10:00 Consumer Sentiment<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Baker-Hughes Rig Count<\/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 mostly down. China did okay, but Japan, New Zealand, Thailand and the Philippines were weak. Europe, Africa and the Middle East are currently mostly down. Austria and the Czech Republic are up; the UK, Poland, Turkey, Greece and Hungary are down. Futures in the States point towards [&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\/10961"}],"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=10961"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10961\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}