{"id":11185,"date":"2018-01-25T08:41:41","date_gmt":"2018-01-25T13:41:41","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11185"},"modified":"2018-01-25T08:41:41","modified_gmt":"2018-01-25T13:41:41","slug":"before-the-open-jan-25-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11185","title":{"rendered":"Before the Open (Jan 25)"},"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. South Korea, New Zealand and the Philippines moved up; Japan, Hong Kong, Singapore and Thailand moved down. <strong>Europe, Africa and the Middle East<\/strong> are currently mixed. France, Russia, Italy, Portugal and Saudi Arabia are doing well; Poland, Kenya, Hungary, Austria, Sweden and the Czech Republic are down. Futures in the <strong>States<\/strong> point toward another moderate gap up open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><strong><!--more-->FLIR<\/strong> is one of our trades from two weeks ago. It remains in good shape. <\/span><br \/>\n<img src=\"http:\/\/leavittbrothers.com\/blog\/i\/flir012518.png\" alt=\"\" \/><br \/>\n<span style=\"font-size: medium;\"> The dollar is down a small amount. Bitcoin is down. Oil and copper are up. Gold and silver are up small amounts. Bonds are up. <\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Dollar General (DG -0.47%) was upgraded to &#8216;Outperform&#8217; from &#8216;Market Perform&#8217; at Telsey Advisory Group with a price target of $120.<\/span><br \/>\n<span style=\"font-size: medium;\"> Lam Research (LRCX -2.48%) rallied over 4% in after-hours trading after it reported Q2 adjusted EPS of $4.34, well above consensus of $3.69.<\/span><br \/>\n<span style=\"font-size: medium;\"> Whirlpool (WHR +4.06%) lost almost 1% in after-hours trading after it reported Q4 net sales of $5.70 billion, below consensus of $5.84 billion.<\/span><br \/>\n<span style=\"font-size: medium;\"> F5 Networks (FFIV -0.32%) climbed almost 3% in after-hours trading after it reported Q1 net revenue of $523.2 million, better than consensus of $521.1 million, and then said it sees Q2 revenue of $525 million to $535 million, the midpoint above consensus of $528.3 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Varian Medical Systems (VAR +2.02%) jumped over 12% in after-hours trading after it reported Q1 adjusted EPS of $1.06, higher than consensus of 88 cents, and then raised guidance on full-year adjusted EPS to $4.24 to $4.36 from a prior view of $4.05 to $4.17.<\/span><br \/>\n<span style=\"font-size: medium;\"> Xilinx (XLNX -2.73%) rose almost 5% in after-hours trading after it said it sees Q4 sales of $635 million to $665 million, the midpoint above consensus of $642.2 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Legg Mason (LM +0.73%) gained over 2% in after-hours trading after it reported Q3 operating revenue of $793.1 million, better than consensus of $768.5 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Dolby Laboratories (DLB -0.40%) climbed over 8% in after-hours trading after it reported Q1 adjusted EPS of 79 cents, well above consensus of 60 cents, and then said it sees Q2 adjusted EPS of 74 cents to 80 cents, higher than consensus of 71 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Spark Therapeutics (ONCE -2.10%) rallied almost 4% in after-hours trading after it entered into a pact with Novartis to commercialize Voretigene Neparvovec and will receive $105 million in an upfront fee.<\/span><br \/>\n<span style=\"font-size: medium;\"> Ethan Allen Interiors (ETH -0.37%) fell 3% in after-hours trading after it said it will begin a &#8220;major marketing campaign&#8221; and will boost advertising by 33% in Q3 and by 15% in Q4.<\/span><br \/>\n<span style=\"font-size: medium;\"> Ford Motor (F +0.75%) lost almost 1% in after-hours trading after it said it sees fiscal 2018 pre-tax profit lower than last year.<\/span><br \/>\n<span style=\"font-size: medium;\"> Celestia (CLS -0.54%) tumbled almost 9% in after-hours trading after it reported Q3 adjusted EPS of 27 cents, below consensus of 31 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> ShotSpottter (SSTI +1.19%) jumped over 10% in after-hours trading after it announced an agreement with Verizon to expand its gunshot detection services to more cities by leveraging Verizon&#8217;s Light Sensory Network.<\/span><br \/>\n<span style=\"font-size: medium;\"> Iovance Biotherapeutics (IOVA -4.96%) climbed over 3% in after-hours trading after it reported three of eight evaluable patients with Metastatic Squamous Cell Carcinoma of the head and neck treated with its LN-145 experienced a confirmed partial response.<\/span><br \/>\n<span style=\"font-size: medium;\"> Ocular Therapeutix (OCUL -0.80%) dropped 12% in after-hours trading after it announced that it had commenced an underwritten public offering of $25 million of its common stock.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Wednesday&#8217;s Key Earnings<\/strong><br \/>\n<span style=\"font-size: medium;\"> Abbott Laboratories (NYSE:ABT) +4.2% topping expectations.<br \/>\n<span style=\"font-size: medium;\"> Baker Hughes (NYSE:BHGE) -5.7% posting a Q4 loss.<br \/>\n<span style=\"font-size: medium;\"> Comcast (NASDAQ:CMCSA) +1.3% boosted by a dividend hike.<br \/>\n<span style=\"font-size: medium;\"> Ford (NYSE:F) -0.8% AH as commodities hurt results.<br \/>\n<span style=\"font-size: medium;\"> General Electric (NYSE:GE) -2.7% announcing an SEC probe.<br \/>\n<span style=\"font-size: medium;\"> Las Vegas Sands (NYSE:LVS) +0.3% AH as net income doubled.<br \/>\n<span style=\"font-size: medium;\"> Novartis (NYSE:NVS) +4.9% after beating estimates.<br \/>\n<span style=\"font-size: medium;\"> United Technologies (NYSE:UTX) -0.3% dented by a tax charge.<\/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;\"> 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 New Home Sales<br \/>\n<span style=\"font-size: medium;\"> 10:00 Leading Indicators<br \/>\n<span style=\"font-size: medium;\"> 10:30 EIA Natural Gas Inventory<br \/>\n<span style=\"font-size: medium;\"> 11:00 Kansas City Fed Mfg Survey<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Results of $28B, 7-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><\/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. South Korea, New Zealand and the Philippines moved up; Japan, Hong Kong, Singapore and Thailand moved down. Europe, Africa and the Middle East are currently mixed. France, Russia, Italy, Portugal and Saudi Arabia are doing well; Poland, Kenya, Hungary, Austria, Sweden and the Czech Republic are [&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\/11185"}],"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=11185"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11185\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}