{"id":10989,"date":"2017-11-17T08:46:27","date_gmt":"2017-11-17T13:46:27","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10989"},"modified":"2017-11-17T08:46:27","modified_gmt":"2017-11-17T13:46:27","slug":"before-the-open-nov-17-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10989","title":{"rendered":"Before the Open (Nov 17)"},"content":{"rendered":"

Good morning. Happy Friday. Happy Options Expiration Day. <\/span>
\n The Asian\/Pacific<\/strong> market closed mostly up. Japan, Hong Kong, South Korea, India and Indonesia did the best. Europe, Africa and the Middle East<\/strong> are currently split. Poland, Greece, South Africa, Kenya, Hungary and Israel are up; Turkey, Norway, Spain, Italy, Belgium, Austria and Sweden are down. Futures in the States<\/strong> point towards a flat open for the cash market.<\/span>
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\n VIDEO: <\/strong>LeavittBrothers.net Overview<\/a>
\n—————<\/span>
\n The dollar is down. Oil is up; copper is flat. Gold and silver are up. Bonds are down. <\/span>
\nStock headlines<\/strong> from barchart.com…<\/span>
\n Applied Materials (AMAT +3.71%) gained almost 3% in after-hours trading after it reported Q4 adjusted EPS of 93 cents, better than consensus of 90 cents, and then said it sees Q1 adjusted EPS of 94 cents to $1.02, well above consensus of 91 cents.<\/span>
\n Williams-Sonoma (WSM +4.12%) dropped almost 8% in after-hours trading after it said it sees Q4 EPS of $1.49 to $1.64, weaker than consensus of $1.65.<\/span>
\n Ross Stores (ROST +1.67%) rose over 8% in after-hours trading after it reported Q3 EPS of 72 cents, higher than consensus of 67 cents, and then raised guidance on full-year EPS to $3.24 to $3.28 from a prior view of $3.07 to $3.17, better than consensus of $3.23.<\/span>
\n Twenty-First Century Fox (FOXA +2.05%) rallied nearly 6% in after-hours trading after Comcast and Verizon were both exploring acquiring parts of Fox.<\/span>
\n Splunk (SPLK +2.32%) jumped 12% in after-hours trading after it reported Q3 revenue of $328.7 million, higher than consensus of $309 million, and then said it sees full-year revenue of $1.24 billion, above consensus of $1.22 billion.<\/span>
\n REV Group (REVG +2.19%) was initiated at SunTrust Robinson Humphrey with a ‘Buy’ rating and a 12-month target price target of $33.<\/span>
\n The Gap (GPS +2.16%) rallied almost 7% in after-hours trading after it reported Q3 adjusted EPS of 58 cents, better than consensus of 54 cents, and then raised its full-year adjusted EPS forecast to $2.08 to $2.12 from a prior view of $2.02 to $2.10, above consensus of $2.05.<\/span>
\n Shoe Carnival (SCVL +4.99%) surged 17% in after-hours trading after it boosted its annual sales outlook to $1.020 to $1.025 billion from a prior forecast of $1.006 billion to $1.019 billion.<\/span>
\n Time (TIME +28.06%) climbed almost 4% in after-hours trading after the WSJ reported that Meredith has made a takeover bid for Time in the range of $17 to $20 a share.<\/span>
\n Milacron Holdings (MCRN +1.82%) slid nearly 3% in after-hours trading after it announced a secondary offering of 13.09 million shares of common stock by selling shareholders.<\/span>
\n Sportsman\u2019s Warehouse Holdings (SPWH +0.51%) dropped 7% in after-hours trading after it reported Q3 adjusted EPS of 23 cents, below consensus of 24 cents, and then said it sees full-year adjusted EPS of 56 cents to 59 cents, weaker than consensus of 63 cents.<\/span>
\n Viveve Medical (VIVE +1.05%) was initiated at Mizuho Securities USA with a ‘Buy’ rating and a 12-month target price of $10.<\/span>
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\nJoin our email list<\/a> – get technical research reports sent directly to you.<\/strong>
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\n Thursday’s Key Earnings<\/strong>
\n Applied Materials (NASDAQ:AMAT) +1.8% AH issuing a strong outlook.
\n Best Buy (NYSE:BBY) -3.6% as guidance fell short.
\n Gap (NYSE:GPS) +7.7% AH with strong same-store sales.
\n Wal-Mart (NYSE:WMT) +10.9% posting impressive U.S. revenues.<\/span><\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Housing Starts
\n 10:00 E-Commerce Retail Sales
\n 11:00 Kansas City Fed Mfg Survey
\n 1:00 PM Baker-Hughes Rig Count<\/span><\/span><\/span><\/span><\/span>
\nOther<\/strong>…<\/span>
\ntoday’s upgrades\/downgrades<\/a> from briefing.com<\/span>
\nthis week’s Earnings<\/a><\/span> from Morningstar
\nthis week’s Economic Numbers\/Reports<\/a><\/span> powered by ECONODAY<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning. Happy Friday. Happy Options Expiration Day. The Asian\/Pacific market closed mostly up. Japan, Hong Kong, South Korea, India and Indonesia did the best. Europe, Africa and the Middle East are currently split. Poland, Greece, South Africa, Kenya, Hungary and Israel are up; Turkey, Norway, Spain, Italy, Belgium, Austria and Sweden are down. Futures […]<\/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\/10989"}],"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=10989"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10989\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}