{"id":11703,"date":"2018-04-26T07:48:52","date_gmt":"2018-04-26T12:48:52","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11703"},"modified":"2018-04-26T07:48:52","modified_gmt":"2018-04-26T12:48:52","slug":"before-the-open-apr-26-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11703","title":{"rendered":"Before the Open (Apr 26)"},"content":{"rendered":"

Good morning. Happy Thursday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mixed and with some big movers in both directions. Japan, South Korea, India and the Philippines did well; China, Hong Kong, Taiwan and Indonesia were weak. Europe, Africa and the Middle East<\/strong> are currently doing well. France, the UAE, Greece, Denmark, Finland, Switzerland, Norway, Spain, Italy and Sweden are leading. Futures in the States<\/strong> point towards a moderate gap up open for the cash market. <\/span>
\n—————
\n Podcast: <\/strong>with Desire To Trade<\/a>
\n—————<\/span>
\n The dollar is up. Oil is up; copper is down. Gold and silver are mixed and little changed. Bonds are up.<\/span>
\n Stock headlines<\/strong> from barchart.com…<\/span>
\n Facebook (FB unch) climbed more than 6% in pre-market trading after it reported Q1 revenue of $11.97 billion, higher than consensus of $11.41 billion, and reported 2.2 billion monthly active users in Q1, above consensus of 2.19 billion.<\/span>
\n O’Reilly Automotive (ORLY +1.35%) rallied more than 10% in after-hours trading after it reported Q1 EPS of $3.61, better than consensus of $3.58 as comparable store sales rose +3.4%, higher than consensus of 2.7%.<\/span>
\n Boeing (BA +4.19%) was upgraded to ‘Buy’ from ‘Hold’ at Vertical Research Partners with a price target of $396.<\/span>
\n Chipotle Mexican Grill (CMG +1.93%) jumped 10% in after-hours trading after it reported Q1 EPS of $2.13, well above consensus of $1.57.<\/span>
\n Visa (V -0.05%) gained nearly 2% in after-hours trading after it reported Q2 adjusted EPS of $1.11, above consensus of $1.02.<\/span>
\n Citrix Systems (CTXS -0.02%) rose 4% in after-hours trading after it reported Q1 net revenue of $697.2 million, better than consensus of $675.6 million, and forecast full-year revenue of $2.88 billion to $2.91 billion, above consensus of $2.88 billion.<\/span>
\n FARO Technologies (FARO -2.96%) tumbled 9% in after-hours trading after it reported Q1 EPS of 3 cents, below consensus of 8 cents.<\/span>
\n Cheesecake Factory (CAKE +0.53%) fell almost 5% in after-hours trading after it reported Q1 EPS of 56 cents, weaker than consensus of 68 cents.<\/span>
\n eBay (EBAY -0.51%) slid more than 3% in after-hours trading after it reported Q1 net revenue of $2.58 billion, weaker than consensus of $2.59 billion and forecast Q2 net revenue of $2.64 billion to $2.68 billion, the midpoint below consensus of $2.68 billion.<\/span>
\n PayPal Holdings (PYPL -1.70%) gained 3% in after-hours trading after it forecast Q2 net revenue of $3.78 billion to $3.83 billion, higher than consensus of $3.75 billion.<\/span>
\n Netgear (NTGR -3.94%) fell 6% in after-hours trading after it forecast Q2 revenue of $340 million to $355 million, weaker than consensus of $355.5 million.<\/span>
\n AT&T (T +0.57%) slid 4% in after-hours trading after it reported Q1 adjusted Ebitda of $12.44 billion, below consensus of $13.22 billion.<\/span>
\n Qualcomm (QCOM -0.38%) gained nearly 3% in after-hours trading after it reported Q2 adjusted revenue of $5.23 billion, above consensus of $5.22 billion.<\/span>
\n BioTelemetry (BEAT +1.35%) climbed nearly 7% in after-hours trading after it reported Q1 revenue of $94.5 million, better than consensus of $91.6 million.<\/span>
\n Ford Motor (F +1.37%) rose almost 3% in after-hours trading after it reported Q1 adjusted EPS of 43 cents, better than consensus of 41 cents, and then announced $11.5 billion in cost and efficiency actions.<\/span>
\n Wednesday’s Key Earnings<\/strong>
\n AMD (NASDAQ:AMD) +9.6% AH giving upside guidance.
\n AT&T (NYSE:T) -4.5% AH amid revenue declines.
\n Boeing (BA) +4.2% crushing estimates, lifting outlook.
\n Chipotle (NYSE:CMG) +10.7% AH on improved sales.
\n Comcast (NASDAQ:CMCSA) +2.7% making a formal bid for Sky.
\n eBay (NASDAQ:EBAY) -4.3% AH following light guidance.
\n Facebook (FB) +7.3% AH with 50% ad revenue growth.
\n Ford (NYSE:F) +1.4% AH turning its focus to cost cuts.
\n Las Vegas Sands (NYSE:LVS) +1.3% AH on strong EBITDA.
\n PayPal (NASDAQ:PYPL) +4.3% AH beating estimates.
\n Sirius XM (NASDAQ:SIRI) -0.3% despite net subscriber gains.
\n Twitter (NYSE:TWTR) -2.4% warning on the year ahead.
\n Qualcomm (NASDAQ:QCOM) +2.1% AH with in-line revenue forecasts.
\n Visa (NYSE:V) +2.7% AH continuing double-digit growth.<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Durable Goods
\n 8:30 Initial Jobless Claims
\n 8:30 International trade in goods
\n 8:30 Retail Inventories (Advance)
\n 8:30 Wholesale Inventories (Advance)
\n 9:45 Bloomberg Consumer Comfort Index
\n 10:30 EIA Natural Gas Inventory
\n 11:00 Kansas City Fed Mfg Survey
\n 1:00 PM Results of $29B, 7-Year Note Auction
\n 4:30 PM Money Supply
\n 4:30 PM Fed Balance Sheet<\/span><\/span><\/span><\/span><\/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 mixed and with some big movers in both directions. Japan, South Korea, India and the Philippines did well; China, Hong Kong, Taiwan and Indonesia were weak. Europe, Africa and the Middle East are currently doing well. France, the UAE, Greece, Denmark, Finland, Switzerland, Norway, Spain, Italy and […]<\/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\/11703"}],"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=11703"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11703\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}