{"id":11337,"date":"2018-02-02T08:53:20","date_gmt":"2018-02-02T13:53:20","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11337"},"modified":"2018-02-02T08:53:20","modified_gmt":"2018-02-02T13:53:20","slug":"before-the-open-feb-2-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11337","title":{"rendered":"Before the Open (Feb 2)"},"content":{"rendered":"

Good morning. Happy Friday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mixed. China, New Zealand, Australia, Indonesia and the Philippines closed up. India dropped more than 2%; South Korea fell more than 1%; Japan and Singapore were also weak. Europe, Africa and the Middle East<\/strong> are currently mostly down. Poland, France, Germany, Greece, Denmark, South Africa, Spain, the Netherlands, Italy, Portugal, Austria and Sweden are down more than 1%. Futures in the States<\/strong> point towards a big gap down for the cash market. <\/span>
\nDATA<\/strong> is a trade of our that we’re still in. <\/span>
\n\"\"
\n The dollar is up. Bitcoin is down. Oil and copper are up. Gold and silver are down. Bonds are down. <\/span>
\n Here are the employment numbers:<\/span>
\n unemployment rate: 4.1% (was 4.1% last month)
\n nonfarm payrolls: +200K
\n private payrolls:
\n average workweek: down 0.2 hours at 34.2 hours
\n hourly wages: up 9 cents or 0.3% to $26.74
\n labor participation rate: flat at 62.7%<\/span><\/span><\/span><\/span><\/span><\/span>
\n December job gains raised from 148K to 160K
\n November job gains cut from 252K to 216.<\/span><\/span>
\n Stock headlines<\/strong> from barchart.com…<\/span>
\n Alphabet (GOOGL -0.05%) fell nearly 4% in pre-market trading after it reported Q4 EPS of $9.70, below consensus of $10.04.<\/span>
\n Amazon.com (AMZN -4.20%) jumped almost 6% in pre-market trading after it reported Q4 net sales of $60.45 billion, above consensus of $59.84 billion, and said it sees Q1 net sales of $47.75 billion to $50.75 billion, the midpoint higher than consensus of $48.70 billion.<\/span>
\n Apple (AAPL +0.21%) rebounded from a 3% loss and rose nearly 2% in after-hours trading on optimism its profit-margins will expand after the average selling price for the iPhone in Q1 rose 14% y\/y to $796. Apple had initially declined in after-hours trading after it forecast Q2 revenue of $60 billion to $62 billion, below consensus of $65.88 billion.<\/span>
\n Amgen (AMGN -0.26%) fell 3% in after-hours trading after it reported Q4 revenue of $5.80 billion, below consensus of $5.85 billion, and then said it sees 2018 revenue of $21,8 billion to $22.8 billion, weaker than consensus of $22.9 billion.<\/span>
\n Tableau Software (DATA +0.36%) rallied 15% in after-hours trading after it reported Q4 adjusted EPS of 12 cents, four times above consensus of 3 cents.<\/span>
\n athenahealth (ATHN -0.32%) rose 4% in after-hours trading after it reported Q4 adjusted EPS of $1.11, well above consensus of 63 cents.<\/span>
\n Deckers Outdoor (DECK +1.81%) climbed 5% in after-hours trading after it reported Q3 adjusted EPS of $4.97, well above consensus of $3.84, and then said it sees full-year adjusted EPS of $5.37 to $5.42, higher than consensus of $4.41.<\/span>
\n OSI Systems (OSIS +0.79%) dropped 18% in after-hour trading after it disclosed the SEC is investigating the company’s compliance with the Foreign Corrupt Practices Act.<\/span>
\n II-VI (IIVI +2.39%) fell over 3% in after-hours trading after it said it sees Q3 revenue of $27o million to $285 million, below consensus of $288.7 million.<\/span>
\n Brooks Automation ({=BRKS rose 3% in after-hours trading after it reported Q1 adjusted EPS of 32 cents, better than consensus of 29 cents, and said it sees Q2 adjusted EPS of 33 cents-41 cents, stronger than consensus of 32 cents.<\/span>
\n Impinj (PI +2.19%) plunged 27% in after-hours trading after it said it sees Q1 revenue of $20 million-$22 million, well below consensus of $29.6 million, and then CFO Evan Fein said he plans to step down effective March 30.<\/span>
\n Mattel (MAT -3.28%) dropped over 8% in after-hours trading after it reported an unexpected Q4 loss of -72 cents a share, well below consensus of a EPS of 16 cents.<\/span>
\n Natural Grocers by Vitamin Cottage (NGVC +5.00%) slumped 15% in after-hours trading after it reported Q1 adjusted EPS of 4 cents, weaker than consensus of 7 cents, and said Q1 gross margins fell to 26.3%, below consensus of 27.6%.<\/span>
\n Viavi Solutions (VIAV +1.05%) jumped 8% in after-hours trading after it reported Q2 net revenue of $201.8 million, above consensus of $185.9 million, and then said it sees Q3 adjusted revenue of $190 million to $200 million, the midpoint higher than consensus of $193.4 million.<\/span>
\n Thursday’s Key Earnings<\/strong>
\n Apple (AAPL) +2% AH on Q1 earnings beat and plans to reduce net debt.
\n Alphabet (NASDAQ:GOOG) -3% AH on Q4 earnings miss, higher TAC.
\n Amazon (NASDAQ:AMZN) +5% PM on Q4 earnings beat, AWS lift.
\n Visa (NYSE:V) -1% AH on Q1 earnings beat, lower operating margin.
\n Amgen (NASDAQ:AMGN) -1.7% AH on Q4 earnings miss.
\n GoPro (NASDAQ:GPRO) -6.7% AH on Q4 earnings miss, declining gross margins.
\n Cypress Semiconductor (NASDAQ:CY) +1.7% AH on Q4 earnings beat, in-line guidance.
\n Tableau Software (NYSE:DATA) +18% AH on Q4 earnings, robust guidance.
\n Mattel (NASDAQ:MAT) -6.4% AH on Q4 earnings and revenue miss.
\n Edwards Lifesciences (NYSE:EW) +2.4% AH on Q4 revenue growth.<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Non-farm payrolls
\n 10:00 Consumer Sentiment
\n 10:00 Factory Orders
\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. The Asian\/Pacific markets closed mixed. China, New Zealand, Australia, Indonesia and the Philippines closed up. India dropped more than 2%; South Korea fell more than 1%; Japan and Singapore were also weak. Europe, Africa and the Middle East are currently mostly down. Poland, France, Germany, Greece, Denmark, South Africa, Spain, the […]<\/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\/11337"}],"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=11337"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11337\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}