{"id":11403,"date":"2018-02-16T08:43:51","date_gmt":"2018-02-16T13:43:51","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11403"},"modified":"2018-02-16T08:43:51","modified_gmt":"2018-02-16T13:43:51","slug":"before-the-open-feb-16-5","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11403","title":{"rendered":"Before the Open (Feb 16)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Friday. Happy Options Expiration Day. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets were mostly closed. Japan moved up; India moved down. <strong>Europe, Africa and the Middle East<\/strong> are mostly up. France, Denmark, Finland, Hungary, Spain, Italy, Israel and Saudi Arabia are up 1%. Futures in the <strong>States<\/strong> point towards a flat open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> VIDEO: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"https:\/\/youtu.be\/ZW7caArz5nA\">Dead Cat Bounce of Beginning of Next Uptrend<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\">The dollar is up. Bitcoin is down. Oil and copper are up. Gold and silver are mixed and little changed. 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;\"> H&amp;E Equipment (HEES -0.25%) was rated a new &#8216;Buy&#8217; at Stifel with a 12-month target price of $46.<\/span><br \/>\n<span style=\"font-size: medium;\"> Arista Networks (ANET +1.93%) dropped 14% in after-hours trading on disappointment its Q1 revenue estimate wasn&#8217;t stronger after the company said it sees Q1 revenue between $450 million to $468 million, the midpoint just above consensus of $457.6 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Jack in the Box (JACK +2.43%) gained 2% in after-hours trading after Jana Partners reported a 7.3% stake in the company.<\/span><br \/>\n<span style=\"font-size: medium;\"> Cognex (CGNX +1.29%) sank 11% in after-hours trading after it reported Q4 EPS from continuing operations of 25 cents, below consensus of 26 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Flowserve (FLS +1.61%) fell over 5% in after-hours trading after it reported Q3 adjusted EPS of 50 cents, below consensus of 51 cents, and said it sees full-year adjusted EPS of $1.50 to $1.70, well below consensus of $1.85.<\/span><br \/>\n<span style=\"font-size: medium;\"> Shake Shack (SHAK +3.96%) lost 2% in after-hours trading after it said it sees full-year revenue of $444 million to $448 million, weaker than consensus of $457.2 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Mulesoft (MULE +2.79%) rose almost 3% in after-hours trading after it reported Q4 revenue of $88.7 million, better than consensus of $83.5 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Pacira Pharmaceuticals (PCRX +0.56%) tumbled 15% in after-hours trading after an expanded use of the company&#8217;s Exparel injections as a nerve block failed to win the backing of an FDA advisory committee.<\/span><br \/>\n<span style=\"font-size: medium;\"> Ichor Holdings (ICHR +3.79%) gained nearly 2% in after-hours trading after it reported its board authorized the repurchase of up to $50 million in company shares.<\/span><br \/>\n<span style=\"font-size: medium;\"> Sleep Number (SNBR -0.78%) rallied 11% in after-hours trading after it reported Q4 comparable sales rose +12%, stronger than consensus of +3.2%.<\/span><br \/>\n<span style=\"font-size: medium;\"> Energous (WATT +0.99%) slid 3% in after-hours trading after it reported Q4 revenue of $29K, weaker than consensus of $345K.<\/span><br \/>\n<span style=\"font-size: medium;\"> TrueCar (TRUE +5.87%) declined 6% in after-hours trading after it reported Q4 automobile purchases of 239,521, below consensus of 245,000.<\/span><br \/>\n<span style=\"font-size: medium;\"> Allscripts Healthcare Solutions (MDRX +2.70%) dropped 12% in after-hours trading after it reported Q4 bookings of $314 million, well below consensus of $419 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Synchronoss Technologies (SNCR +1.08%) surged 25% in after-hours trading after it said that it has closed the previously announced sale of $185 million in a newly created series of preferred stock to affiliates of Siris Capital Group LLC.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Thursday&#8217;s Key Earnings<\/strong><br \/>\n<span style=\"font-size: medium;\"> CBS (NYSE:CBS) +1.6% AH lifted by distribution fees, streaming.<\/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 Housing Starts<br \/>\n<span style=\"font-size: medium;\"> 8:30 Import\/Export Prices<br \/>\n<span style=\"font-size: medium;\"> 10:00 Consumer Sentiment<br \/>\n<span style=\"font-size: medium;\"> 10:00 E-Commerce Retail Sales<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Baker-Hughes Rig Count<\/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 Friday. Happy Options Expiration Day. The Asian\/Pacific markets were mostly closed. Japan moved up; India moved down. Europe, Africa and the Middle East are mostly up. France, Denmark, Finland, Hungary, Spain, Italy, Israel and Saudi Arabia are up 1%. Futures in the States point towards a flat open for the cash market.<\/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\/11403"}],"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=11403"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11403\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}