{"id":11317,"date":"2018-01-30T08:49:04","date_gmt":"2018-01-30T13:49:04","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11317"},"modified":"2018-01-30T08:49:04","modified_gmt":"2018-01-30T13:49:04","slug":"before-the-open-jan-30-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11317","title":{"rendered":"Before the Open (Jan 30)"},"content":{"rendered":"

Good morning. Happy Tuesday. <\/span>
\nThe Asian\/Pacific<\/strong> markets closed with stiff, across-the-board losses. Japan, China, Hong Kong, South Korea, Taiwan, Indonesia and the Philippines each dropped more than 1%. Europe, Africa and the Middle East<\/strong> are currently mostly down. South Africa is down 2%; the UK, Poland, Turkey, Greece, Germany, Spain, Portugal, Israel, Austria and Italy are also weak. Futures in the States<\/strong> point towards a moderate gap down open for the cash market. <\/span>
\nWalmart<\/strong> was a trade of ours from a couple weeks ago. It hit its second target yesterday. <\/span>
\n\"\"
\nvThe dollar is down. Bitcoin is down. Oil is down; copper is flat. Gold and silver are up. Bonds are down.
\nStock headlines<\/strong> from barchart.com…<\/span>
\nApple (AAPL -2.07%) is down 1% in pre-market trading on carry-over weakness from Monday when it fell 2.6% when Nikkei reported Apple will cut its Q1 iPhone X prooduction in half due to slower-than-expected holiday sales.<\/span>
\nHealthcare Services Group (HCSG -0.75%) will replace Buffalo Wild Wings in the S&P Midcap 400 prior to the open of trading Monday, Feb 5.<\/span>
\nExtreme Networks (EXTR -0.65%) will replace Time in the S&P SmallCap 600 prior to the open of trade on Thursday, Feb 1.<\/span>
\nRyder System (R -0.02%) gained over 1% in after-hours trading after reported a one-time gain of $11.04 a share from the U.S. Tax Act<\/span>
\nMetLife (MET -0.68%) dropped almost 5% in after-hours trading after it said it found “material weakness” in review of annuity reserves.<\/span>
\nSun Hydraulics (SNHY -0.89%) slid 4% in after-hours trading after it reported preliminary 2017 adjusted EPS of $1.54-$1.58, below consensus of $1.64.<\/span>
\nHawaiian Holdings (HA +2.04%) rallied almost 4% in after-hours trading after it reported Q4 adjusted EPS of $1.10, above consensus of $1.04.<\/span>
\nSanmina (SANM +1.08%) dropped nearly 3% in after-hours trading after it said it sees Q2 revenue of $1.60 billion to $1.70 billion, the midpoint just below consensus of $1.655 billion.<\/span>
\nUltra Clean Holdings (UCTT -5.07%) tumbled nearly 10% in after-hours trading after it commenced an underwritten public offering of $100 million in common stock.<\/span>
\nRambus (RMBS +0.14%) dropped 8% in after-hours trading after it said t sees Q1 adjusted EPS of 12 cents to 19 cents, weaker than consensus of 20 cents.<\/span>
\nAntero Resources (AR -2.70%) climbed almost 6% in after-hours trading after it said it was evaluating options including capital return to address its relative “discount in trading value.”<\/span>
\nCymabay Therapeutics (CBAY -3.01%) fell 3% in after-hours trading after it filed a prospectus for offering shares of its common stock in an underwritten public offering.<\/span>
\nOclaro (OCLR -1.14%) gained almost 2% in after-hours trading after it was rated a new ‘Buy’ at Loop Capital Markets with a 12-month target price of $10.<\/span>
\nAmarin Corp PLC (AMRN -6.09%) slid 4% in after-hours trading after it proposed a registered underwritten public offering of American Depositary Shares (ADRs), although no size was mentioned.<\/span>
\nMonday’s Key Earnings<\/strong>
\nLockheed Martin (NYSE:LMT) +2% after beating estimates.<\/span><\/span>
\nToday’s Economic Calendar<\/strong>
\nFOMC meeting begins
\n8:55 Redbook Chain Store Sales
\n9:00 S&P Corelogic Case-Shiller Home Price Index
\n10:00 Consumer Confidence
\n10:00 State Street Investor Confidence Index
\n3:00 Farm Prices<\/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 Tuesday. The Asian\/Pacific markets closed with stiff, across-the-board losses. Japan, China, Hong Kong, South Korea, Taiwan, Indonesia and the Philippines each dropped more than 1%. Europe, Africa and the Middle East are currently mostly down. South Africa is down 2%; the UK, Poland, Turkey, Greece, Germany, Spain, Portugal, Israel, Austria and Italy […]<\/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\/11317"}],"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=11317"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11317\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}