{"id":11889,"date":"2018-06-08T07:36:23","date_gmt":"2018-06-08T12:36:23","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11889"},"modified":"2018-06-08T07:36:23","modified_gmt":"2018-06-08T12:36:23","slug":"before-the-open-jun-8-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11889","title":{"rendered":"Before the Open (Jun 8)"},"content":{"rendered":"

Good morning. Happy Friday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly down. China, Hong Kong, South Korea, Taiwan, Indonesia and Singapore posted the biggest losses. Europe, Africa and the Middle East<\/strong> are currently mostly down. Turkey, Greece, Denmark, South Africa, Hungary, Spain, Italy and Russia are down 1% or more. Futures in the States<\/strong> point towards a moderate gap down open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>LeavittBrothers.net Overview<\/a>
\n—————<\/span>
\n The dollar is up. Oil is down; copper is up. Gold and silver are down small amounts. Bonds are up. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Apple (AAPL -0.27%) is down 2% in pre-market trading after the Nikkei reported that Apple told its supply chain to prepare for -20% fewer components for iPhones debuting in the second half of this year compared with last year’s orders.<\/span>
\n Autodesk (ADSK -2.75%) was rated a new ‘Sell’ at Bucephalus Research with a price target of $50.<\/span>
\n Broadcom (AVGO +0.44%) gained almost 1% in after-hours trading after it reported Q2 adjusted EPS from continuing operations of $4.88, better than consensus of $4.68.<\/span>
\n LivaNova Plc (LIVN -0.70%) was rated a new ‘Buy’ at Stifel with a price target of $115.<\/span>
\n Zumiez (ZUMZ +1.31%) rallied almost 12% in after-hours trading after it reported Q1 net sales of $206.3 million, better than consensus of $204.0 million, and then forecast Q2 revenue of $213 million to $217 million, above consensus of $203.8 million.<\/span>
\n Exact Sciences (EXAS -3.30%) fell 3% in after-hours trading after it said it is offering $150 million of convertible senior notes due 2025.<\/span>
\n Eli Lilly (LLY -0.06%) was rated a new ‘Overweight’ at Cantor Fitzgerald with a price target of $100<\/span>
\n Pfizer (PFE +0.30%) was rated a new ‘Overweight’ at Cantor Fitzgerald with a price target of $45.<\/span>
\n Cree (CREE +0.93%) lost nearly 4% in after-hours trading after CFO Mike McDevitt said he will retire but stay on until a successor is appointed.<\/span>
\n DocuSign (DOCU -2.39%) climbed more than 6% in after-hours trading after it reported Q1 total revenue of $155.8 million, stronger than expectations of $135.8 million.<\/span>
\n At Home Group (HOME +2.83%) lost more than 1% in after-hours trading after it reported Q1 comparable sales were up +0.9%, weaker than consensus of +2.1%.<\/span>
\n Carbon Black (CBLK -2.56%) gained 2% in after-hours trading after it forecast 2018 revenue of $203 million to $204.5 million, higher than consensus of $201.8 million.<\/span>
\n Stitch Fix (SFIX -4.65%) rose more than 6% in after-hours trading after it forecast full-year net revenue of $1.22 billion to $1.23 billion, above consensus of $1.21 billion.<\/span>
\n Iteris (ITI -2.19%) slid more than 4% in after-hours trading after the CEO said the “roadway sensors segment continued to encounter choppiness in Texas.”<\/span>
\n Today’s Economic Calendar<\/strong>
\n 10:00 Wholesale Trade
\n 1:00 PM Baker-Hughes Rig Count<\/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 down. China, Hong Kong, South Korea, Taiwan, Indonesia and Singapore posted the biggest losses. Europe, Africa and the Middle East are currently mostly down. Turkey, Greece, Denmark, South Africa, Hungary, Spain, Italy and Russia are down 1% or more. Futures in the States point towards a […]<\/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\/11889"}],"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=11889"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11889\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}