{"id":11631,"date":"2018-04-06T07:48:58","date_gmt":"2018-04-06T12:48:58","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11631"},"modified":"2018-04-06T07:48:58","modified_gmt":"2018-04-06T12:48:58","slug":"before-the-open-apr-6-5","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11631","title":{"rendered":"Before the Open (Apr 6)"},"content":{"rendered":"

Good morning. Happy Friday. Happy Employment Numbers Day. <\/span>
\n The Asian\/Pacific<\/strong> markets closed with a lean to the downside. Hong Kong, Singapore and Thailand moved up; Japan, China, South Korea, Taiwan and the Philippines moved down. Europe, Africa and the Middle East<\/strong> are currently mixed with a lean to the downside. Greece, Kenya and Saudi Arabia are up; Germany, Finland, Norway, Hungary, Portugal and Israel are down. <\/span>
\n—————
\n VIDEO: <\/strong>The Influence of the Top 10 Nasdaq Stocks<\/a>
\n—————<\/span>
\nThe dollar is down slightly. Bitcoin is down. Oil and copper are down. Gold and silver are up. Bonds are up. <\/span>
\n Here are the employment numbers:<\/span>
\n unemployment rate: 4.1% (was 4.1% last month)
\n nonfarm payrolls: +103K
\n private payrolls:
\n average workweek: flat at 34.5 hours
\n hourly wages: up 8 cents to $26.82
\n labor participation rate:<\/span><\/span><\/span><\/span><\/span><\/span>
\n February job gains revised up from 313K to 326K.
\n January gains revised down from 239K to 176K.<\/span><\/span>
\n Stock headlines<\/strong> from barchart.com…<\/span>
\n Wynn Resorts (WYNN +0.92%) is up +2% in pre-market trading after MGM Resorts reportedly expressed an interest in Wynn Resorts.<\/span>
\n Tesla (TSLA +6.54%) is down -2% in pre-market trading after news that a fire on Tuesday briefly suspended production.<\/span>
\n Incyte (INCY -1.08%) plunged -20% in pre-market trading after news that its cancer-drug epacadostat study failed to meet its endpoint.<\/span>
\n Xilinx (XLNX -0.62%) is down -3% in pre-market trading after a downgrade to Underweight at JPMorgan.<\/span>
\n Palatin Technologies (PTN +1.69%) is up +7% in pre-market trading after receiving a new Buy rating at HC Wainwright.<\/span>
\n Sunrun (RUN +1.22%) is down 6% in pre-market trading after a downgrade to Underperform from BofAML.<\/span>
\n WD-40 (WDFC +1.53%) fell -2% in after-hours trading on news that the company’s gross margin is seeing some pressure.<\/span>
\n Codexis (CDXS -0.93%) fell -5% in after-hours trading after reporting preliminary Q3 net sales of $181 million, below the consensus of $188 million.<\/span>
\n Gain Capital (GCAP +1.16%) rallied 5% in after-hours trading on news it expanded its cryptocurrency offerings.<\/span>
\n Thursday’s Key Earnings<\/strong>
\n WD-40 (NASDAQ:WDFC) -2.3% AH on Q2 revenue miss.
\n PriceSmart (NASDAQ:PSMT) +2.2% AH on strong warehouse sales and guidance.<\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Non-farm payrolls
\n 1:00 PM Baker-Hughes Rig Count
\n 1:30 PM Jerome Powell: U.S. Economic Outlook
\n 3:00 PM Consumer Credit
\n 4:00 PM Fed’s Williams: Economic Outlook
\n 10:30 on Saturday Fed’s Evans: Monetary Policy<\/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 Friday. Happy Employment Numbers Day. The Asian\/Pacific markets closed with a lean to the downside. Hong Kong, Singapore and Thailand moved up; Japan, China, South Korea, Taiwan and the Philippines moved down. Europe, Africa and the Middle East are currently mixed with a lean to the downside. Greece, Kenya and Saudi Arabia […]<\/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\/11631"}],"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=11631"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11631\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}