{"id":11353,"date":"2018-02-08T08:42:35","date_gmt":"2018-02-08T13:42:35","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11353"},"modified":"2018-02-08T08:42:35","modified_gmt":"2018-02-08T13:42:35","slug":"before-the-open-feb-8-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11353","title":{"rendered":"Before the Open (Feb 8)"},"content":{"rendered":"

Good morning. Happy Thursday. <\/span>
\n The Asian\/Pacific<\/strong> markets leaned to the upside. Japan, India and Singapore did well; China was weak. Europe, Africa and the Middle East<\/strong> are currently mostly down. The UK, Poland, France, Germany, Finland, Russia, Kenya, Spain, the Netherlands, Italy, Israel, Austria and Sweden are down the most. Futures in the States<\/strong> point towards a moderate gap up open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>Is a Top in Place<\/a>
\n—————<\/span>
\n The dollar is flat. Bitcoin is up. Oil is down; copper is up. Gold and silver are up small amounts. Bonds are down. <\/span>
\n Stock headlines<\/strong> from barchart.com…<\/span>
\n Coherent (COHR -1.54%) dropped 5% in after-hours trading after it reported Q1 gross margin of 45.4%, weaker than consensus of 46.1%.<\/span>
\n iRobot (IRBT +1.09%) plunged 20% in after-hours trading after it forecast 2018 EPS of $2.10 to $2.35, well below a GAAP estimate of $2.80.<\/span>
\n Sage Therapeutics (SAGE -1.40%) lost over 1% in after-hours trading after it announced that it had commenced an underwritten public offering of $575 million of its common stock.<\/span>
\n Take-Two Interactive Software (TTWO -0.91%) fell 6% in after-hours trading after it reported Q3 adjusted revenue of $653.9 million, below consensus of $663 million.<\/span>
\n Enanta Pharmaceuticals (ENTA -3.35%) rose nearly 3% in after-hours trading after it reported Q1 EPS of 59 cents, well above consensus of 19 cents.<\/span>
\n Synaptics (SYNA +0.12%) climbed over 6% in after-hours trading after it reported Q2 adjusted EPS of $1.11, higher than consensus of $1.08.<\/span>
\n Yelp (YELP +1.49%) slumped nearly 9% in after-hours trading after it said it sees Q1 adjusted Ebitda of $29 million to $32 million, weaker than consensus of $38 million.<\/span>
\n CSRA (CSRA +2.62%) rose over 3% in after-hours trading after it reported Q3 revenue of $1.31 billion, better than consensus of $1.27 billion, and said it sees full-year revenue of $5.15 billion to $5.20 billion, the midpoint above consensus of $5.15 billion.<\/span>
\n Lannett (LCI +3.03%) sank 18% in after-hours trading after it said it sees full-year net sales of $680 million to $700 million, below consensus of $719 million.<\/span>
\n Inphi (IPHI -7.42%) fell almost 6% in after-hours trading after it forecast an unexpected Q1 adjusted EPS loss of -4 cents to -6 cents, below consensus for EPS of 17 cents.<\/span>
\n Amicus Therapeutics (FOLD +3.24%) rose almost 3% in after-hours trading after it said data shows patients with Pompe disease continued to see improved motor function for up to 12 months in a study of its ATB200\/AT2221 combination therapy.<\/span>
\n TTM Technologies (TTMI -0.51%) dropped nearly 10% in after-hours trading after it said it sees Q1 adjusted EPS of 22 cents to 28 cents, well below consensus of 36 cents.<\/span>
\n Infinera (INFN +1.02%) rallied 6% in after-hours trading after it reported Q4 adjusted revenue of $195.8 million, better than consensus of $190.4 million.<\/span>
\n GAIN Capital Holdings (GCAP -2.97%) jumped 7% in after-hours trading after it reported Jan retail segment OTC trading volume was up +18.6% y\/y.<\/span>
\n Wednesday’s Key Earnings<\/strong>
\n 21st Century Fox (NASDAQ:FOXA) +1.1% AH posting cable-TV growth.
\n Sanofi (NYSE:SNY) -4.1% following a drop in sales.
\n Tesla (TSLA) -0.6% AH sticking to its Model 3 targets.<\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n Chain Store Sales
\n 8:30 Initial Jobless Claims
\n 9:45 Bloomberg Consumer Comfort Index
\n 10:30 EIA Natural Gas Inventory
\n 1:00 PM Results of $16B, 30-Year Note Auction
\n 4:30 PM Money Supply
\n 4:30 PM Fed Balance Sheet<\/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 leaned to the upside. Japan, India and Singapore did well; China was weak. Europe, Africa and the Middle East are currently mostly down. The UK, Poland, France, Germany, Finland, Russia, Kenya, Spain, the Netherlands, Italy, Israel, Austria and Sweden are down the most. Futures in the States point […]<\/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\/11353"}],"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=11353"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11353\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}