{"id":11627,"date":"2018-04-05T07:50:42","date_gmt":"2018-04-05T12:50:42","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11627"},"modified":"2018-04-05T07:50:42","modified_gmt":"2018-04-05T12:50:42","slug":"before-the-open-apr-5-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11627","title":{"rendered":"Before the Open (Apr 5)"},"content":{"rendered":"

Good morning. Happy Thursday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up. Japan, South Korea, India, Malaysia and Singapore posted big gains; Hong Kong dropped. Europe, Africa and the Middle East<\/strong> are currently mostly up. The UK, Poland, France, Germany, Greece, Denmark, South Africa, Finland, Switzerland, Norway, Hungary, Spain, the Netherlands, Italy, Austria, Sweden and the Czech Republic are all up at least 1%. Futures in the States<\/strong> point towards a moderate gap up open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>The Influence of the Top 10 Nasdaq Stocks<\/a>
\n—————<\/span>
\n The dollar is up. Bitcoin is down. Oil is down; copper is up. Gold and silver are down. Bonds are down. <\/span>
\n Stock headlines<\/strong> from barchart.com…<\/span>
\n Facebook (FB -0.65%) is up 3% in pre-market trading after CEO Zuckerberg late Wednesday held a conference call to try to sooth investors and the public. A Deutschebank analyst says the worst is likely behind Facebook. Zuckerberg is expected to testify before a Congressional committee next week.<\/span>
\n Spotify (SPOT -3.21%) is up 3% in pre-market trading after Stifel and Canaccord opened coverage with Buy ratings. Stifel sees “long runway for user growth.” Spotify on Wednesday closed -3.21% after Tuesday’s advance of +12.89%.<\/span>
\n Finisar (FNSR +0.20%) is up 6% after an upgrade to Overweight by Morgan Stanley.<\/span>
\n Marvell Tech (MRVL +1.86%) rallied 4% in after-hours trading after being rated as a new Buy at UBS with a price target of $38.<\/span>
\n Delta (DAL +0.26%) said that some of its customer data may have been accessed<\/span>
\n AMD (AMD +2.30%) is up 3% in pre-market trading after an upgrade to Buy at Stifel<\/span>
\n Ollie’s Bargain (OLLI +2.46%) was down 4% in after-hours trading after its fiscal-year adjusted EPS guidance was missed the consensus.<\/span>
\n Wednesday’s Key Earnings<\/strong>
\n NovaGold Resources (NYSEMKT:NG) -3.9% AH on Q1 earnings miss.
\n Ollie’s Bargain Outlet (NASDAQ:OLLI) -5.9% AH on issuing downside guidance.<\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 7:30 Challenger Job-Cut Report
\n 8:30 Initial Jobless Claims
\n 8:30 International Trade
\n 9:45 Bloomberg Consumer Comfort Index
\n 10:30 EIA Natural Gas Inventory
\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 closed mostly up. Japan, South Korea, India, Malaysia and Singapore posted big gains; Hong Kong dropped. Europe, Africa and the Middle East are currently mostly up. The UK, Poland, France, Germany, Greece, Denmark, South Africa, Finland, Switzerland, Norway, Hungary, Spain, the Netherlands, Italy, Austria, Sweden and the Czech […]<\/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\/11627"}],"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=11627"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11627\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}