{"id":11041,"date":"2017-12-07T08:40:52","date_gmt":"2017-12-07T13:40:52","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11041"},"modified":"2017-12-07T08:40:52","modified_gmt":"2017-12-07T13:40:52","slug":"before-the-open-dec-7-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11041","title":{"rendered":"Before the Open (Dec 7)"},"content":{"rendered":"

Good morning. Happy Thursday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up. Japan and India gained more than 1%; New Zealand, Australia, Thailand and the Philippines also did well. China, South Korea and Indonesia posted losses. Europe, Africa and the Middle East<\/strong> are mixed and little changed. Hungary is up more than 1%; Turkey and Saudi Arabia are also up. Poland and Russia are down. Futures in in the States<\/strong> point towards a flat open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>There’s a Bull Market Somewhere<\/a>
\n—————<\/span>
\n The dollar is up. Oil and copper are up. Gold and silver are up. Bonds are flat. <\/span>
\nStock headlines<\/strong> from barchart.com…
\n Hyatt Hotels (H -1.51%) was upgraded to ‘Buy’ from ‘Neutral’ at MKM Partners with a target price of $79.<\/span>
\n Davita (DVA +13.57%) was upgraded to ‘Strong Buy’ form ‘Outperform’ at Raymond James with a target price of $84.<\/span>
\n Broadcom Ltd (AVGO +0.86%) gained over 3% in after-hours trading after it reported Q4 adjusted net revenue of $4.85 billion, higher than consensus of $4.83 billion, and then said it sees Q1 adjusted net revenue of $5.23 billion to $5.38 billion, well above consensus of $4.83 billion.<\/span>
\n Spark Therapeutics (ONCE -1.78%) rose over 3% in after-hours trading after it reported interim data from a clinical trial of investigational gene therapy for hemophilia B.<\/span>
\n Ollie’s Bargain Outlet Holdings (OLLI +0.59%) fell over 3% in after-hours trading after it said it sees full-year net sales of $1.06 billion to $1.07 billion, the mid-point below consensus of $1.07 billion.<\/span>
\n Cummins (CMI +0.33%) was rated a new ‘Outperform’ at Oppenheimer with an 18-month target price of $192.<\/span>
\n BorgWarner (BWA -2.45%) was rated a new ‘Outperform’ at Oppenheimer with an 18-month target price of $63.<\/span>
\n Greif (GEF +0.09%) climbed 4% in after-hours trading after it reported Q4 net sales of $968.1 million, above consensus of $933.6 million.<\/span>
\n Lululemon Athletica (LULU +1.96%) rallied over 6% in after-hours trading after it reported Q3 adjusted EPS of 56 cents, better than consensus of 52 cents, and then raised guidance on full-year adjusted EPS to $2.45-$2.48 from a prior view of $2.35-$2.42, higher than consensus of $2.40.<\/span>
\n Okta (OKTA +0.35%) rose 5% in after-hours trading after it reported Q3 revenue of $68.2 million, above consensus of $62.8 million, and said it sees full-year revenue of $252 million to $253 million, better than consensus of $244.6 million.<\/span>
\n Ctrip.com International Ltd (CTRP -1.46%) lost more than 1% in after-hours trading after its American depository receipts (ADRs) were downgraded to ‘Neutral’ from ‘Overweight’ at JPMorgan Chase.<\/span>
\n Tailored Brands (TLRD +1.66%) jumped 13% in after-hours trading after it reported Q3 adjusted EPS of 71 cents, well above consensus of 54 cents, and then said it sees full-year adjusted EPS of $2.03 to $2.08, better than consensus of $1.83.<\/span>
\n Seachange International (SEAC +2.19%) soared over 20% in after-hours trading after it reported Q3 revenue of $23.4 million, higher than consensus of $19.5 million.<\/span>
\n—————
\nJoin our email list<\/a> – get technical research reports sent directly to you.<\/strong>
\n—————<\/span>
\n Wednesday’s Key Earnings<\/strong>
\n Broadcom (NASDAQ:AVGO) +4.5% AH following an earnings topper.
\n Lululemon (NASDAQ:LULU) +6.8% AH with strong comparable sales.<\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 7:30 Challenger Job-Cut Report
\n 8:30 Initial Jobless Claims
\n 9:45 Bloomberg Consumer Comfort Index
\n 10:00 Quarterly Services Report
\n 10:30 EIA Natural Gas Inventory
\n 3:00 PM Consumer Credit
\n 4:30 PM Money Supply
\n 4:30 PM Fed Balance Sheet<\/span><\/span><\/span><\/span><\/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 Thursday. The Asian\/Pacific markets closed mostly up. Japan and India gained more than 1%; New Zealand, Australia, Thailand and the Philippines also did well. China, South Korea and Indonesia posted losses. Europe, Africa and the Middle East are mixed and little changed. Hungary is up more than 1%; Turkey and Saudi Arabia […]<\/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\/11041"}],"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=11041"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11041\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}