{"id":11775,"date":"2018-05-11T07:55:16","date_gmt":"2018-05-11T12:55:16","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11775"},"modified":"2018-05-11T07:55:16","modified_gmt":"2018-05-11T12:55:16","slug":"before-the-open-may-11-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11775","title":{"rendered":"Before the Open (May 11)"},"content":{"rendered":"

Good morning. Happy Friday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up. Japan, Hong Kong, South Korea, India, Taiwan, Malaysia, Indonesia, Singapore, Thailand and the Philippines did very well; China leaned down. Europe, Africa and the Middle East<\/strong> are currently mostly up. Poland, Greece, Finland, Russia, Kenya, Hungary, Italy, Portugal, Austria, Saudi Arabia and the Czech Republic are doing well; the UAE and Sweden are down. Futures in the States<\/strong> point towards a mixed open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>Trading Ideas for the Market’s Next Leg Up<\/a>
\n—————<\/span>
\nThe dollar is down. Oil is flat; copper is up. Gold and silver lean up. Bonds are up. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Great Plains Energy (GXP +0.84%) was upgraded to ‘Buy’ from ‘Hold’ at SunTrust Robinson Humphrey with a price targetof $36.<\/span>
\n Euronet Worldwide (EEFT +0.93%) was rated a new ‘Buy’ at Needham & Co with a price target of $100.<\/span>
\n PPG Industries (PPG -0.88%) fell 3% in after-hours trading after it said it is unable to predict when it will file its Q1 Form 10-Q because it needs more time to investigate its accounting policies and procedures.<\/span>
\n EchoStar (SATS +0.80%) was upgraded to ‘Strong Buy’ from ‘Outperform’ at Raymond James with a price target of $75.<\/span>
\n Nektar Therapeutics (NKTR -0.69%) dropped 3% in after-hours trading after it reported a Q1 loss of -60 cents per share, wider than consensus of -53 cents.<\/span>
\n Trade Desk (TTD +2.35%) surged 20% in after-hours trading after it reported Q1 revenue of $85.7 million, above consensus of $73.2 million, and then forecast Q2 revenue of $103 million, better than consensus of $93.1 million.<\/span>
\n Globant SA (GLOB +0.30%) rose more than 2% in after-hours trading after it forecast Q2 revenue of $124 million to $126 million, stronger than consensus of $120.8 million.<\/span>
\n ForeScout Technologies (FSCT -2.26%) jumped 7% in after-hours trading after it forecast 2018 revenue of $270.4 million to $280.4 million, above consensus of $267.8 million.<\/span>
\n Mosaic (MOS +2.25%) rose more than 1% in after-hours trading after it was upgraded to ‘Outperform’ from ‘Sector Perform’ at RBC Capital Markets with a price target of $32.<\/span>
\n Symantec (SYMC +1.50%) dropped 13% in after-hours trading after it forecast full-year adjusted EPS of $1.50 to $1.65, weaker than consensus of $1.80.<\/span>
\n MCBC Holdings (MCFT +1.09%) jumped more than 9% in after-hours trading after it reported Q3 revenue of $93.8 million, higher than consensus of $88.8 million.<\/span>
\n Intrexon (XON +0.11%) fell 5% in after-hours trading after it reported a Q1 loss per share of -33 cents, wider than consensus of -18 cents.<\/span>
\n ViewRay (VRAY +2.38%) rallied 11% in after-hours trading after it reported Q1 revenue of $26.2 million, stronger than consensus of $11.9 million.<\/span>
\n Ziopharm Oncology (ZIOP -2.17%) slid nearly 5% in after-hours trading after it reported Q1 revenue of $150,000, much weaker than consensus of $1.5 million.<\/span>
\n Thursday’s Key Earnings<\/strong>
\n Duke Energy (NYSE:DUK) +0.7% AH topping expectations.
\n Dropbox (NASDAQ:DBX) -4.1% AH despite beating targets.
\n Nvidia (NASDAQ:NVDA) -2.9% AH seeing fewer crypto miners.
\n Symantec (NASDAQ:SYMC) -19.3% AH disclosing an internal probe.
\n Yelp (NYSE:YELP) -4.6% AH posting a narrower Q1 loss.<\/span><\/span><\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Fed’s Bullard: U.S. Monetary and Economic Policy
\n 8:30 Import\/Export Prices
\n 10:00 Consumer Sentiment
\n 1:00 PM Baker-Hughes Rig Count<\/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. The Asian\/Pacific markets closed mostly up. Japan, Hong Kong, South Korea, India, Taiwan, Malaysia, Indonesia, Singapore, Thailand and the Philippines did very well; China leaned down. Europe, Africa and the Middle East are currently mostly up. Poland, Greece, Finland, Russia, Kenya, Hungary, Italy, Portugal, Austria, Saudi Arabia and the Czech Republic […]<\/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\/11775"}],"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=11775"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11775\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}