{"id":12059,"date":"2018-08-07T07:28:52","date_gmt":"2018-08-07T12:28:52","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12059"},"modified":"2018-08-07T07:28:52","modified_gmt":"2018-08-07T12:28:52","slug":"before-the-open-aug-7-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12059","title":{"rendered":"Before the Open (Aug 7)"},"content":{"rendered":"

Good morning. Happy Tuesday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up. Japan, China, Hong Kong, South Korea, Malaysia, Singapore and Thailand did very well; the Philippines were weak. Europe, Africa and the Middle East<\/strong> are currently mostly up. The UK, France, Turkey, Germany, Russia, South Africa, France, Norway, Spain, Italy and Austria are doing very well. Futures in the States<\/strong> point towards a moderate gap up open for the cash market. <\/span>
\n—————
\nREPORT: LB Weekly<\/a> – our weekly report, which covers the trends and the staying power of the trends. It is part of a LeavittBrothers.com<\/a> subscription or can be subscribed to by itself at LeavittBrothers.net<\/a>.
\n—————<\/span>
\nThe dollar is down. Oil and copper are up. Gold and silver are up. Bonds are down. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Williams Cos (WNB) was rated a new ‘Buy’ at Stifel with a price target of $35.<\/span>
\n Illumina (ILMN -0.10%) was upgraded to ‘Equal-Weight’ from ‘Underweight’ at Morgan Stanley.<\/span>
\n Weight Watchers International (WTW +0.69%) fell 3% in after-hours trading after it reported Q2 revenue of $409.7 million, weaker than consensus of $411.9 million.<\/span>
\n Twilio (TWLO +2.05%) jumped nearly 16% in after-hours trading after it reported Q2 revenue of $147.8 million, higher than consensus of $130.3 million, and then forecast full-year revenue of $585.5 million to $589.5 million, well above consensus of $543.1 million.<\/span>
\n RingCentral (RNG +2.33%) gained more than 2% in after-hours trading after it reported Q2 adjusted EPS of 19 cents, higher than consensus of 15 cents, and then forecast full-year adjusted EPS of 66 cents to 70 cents, stronger than consensus of 62 cents.<\/span>
\n Zillow Group (Z +1.01%) tumbled more than 15% in after-hours trading after it reported Q2 revenue of $325.2 million, below consensus of $325.5 million, and then forecast full-year revenue of $1.32 billion to $1.35 billion, well below consensus of $1.49 billion.<\/span>
\n Luminex (LMNX +0.35%) dropped more than 3% in after-hours trading after it reported Q2 revenue of $79.6 million, weaker than consensus of $79.7 million, and then forecast full-year revenue of $310 million to $316 million, the midpoint below consensus of $314.8 million.<\/span>
\n Tenet Healthcare (THC +0.36%) fell 3% in after-hours trading after it forecast full-year revenue of $17.9 billion to $18.3 billion, the midpoint below consensus of $18.15 billion.<\/span>
\n Five9 (FIVN +4.22%) rose 6% in after-hours trading after it reported Q2 adjusted EPS of 11 cents, well above consensus of 4 cents, and then forecast full-year adjusted EPS of 39 cents to 42 cents, higher than consensus of 28 cents.<\/span>
\n Turtle Beach (HEAR -6.12%) rallied more than 10% in after-hours trading after it reported Q2 revenue of $60.8 million, higher than consensus of $47.9 million, and then forecast 2018 revenue of $255 million, well above consensus of $205 million.<\/span>
\n Etsy (ETSY +2.14%) climbed more than 8% in after-hours trading after it reported Q2 revenue of $132.4 million, better than consensus of $127.0 million.<\/span>
\n Manitowoc (MTW +2.43%) rallied nearly 6% in after-hours trading after it reported Q2 net sales of $495.3 million, above consensus of $455.1 million.<\/span>
\n Commercial Vehicle Group (CVGI +0.14%) jumped 10% in after-hours trading after it reported Q2 adjusted EPS of 43 cents, higher than consensus of 34 cents.<\/span>
\n Maxwell Technologies (MXWL -0.46%) slid almost 6% in after-hours trading after it reported Q2 revenue of $29.5 million, below consensus of $30.9 million and then forecast Q3 revenue of $32 million to $36 million, weaker than consensus of $36.1 million.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:55 Redbook Chain Store Sales
\n 10:00 Job Openings and Labor Turnover Survey
\n 1:00 PM Results of $34B, 3-Year Note Auction
\n 3:00 PM Consumer Credit<\/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 Tuesday. The Asian\/Pacific markets closed mostly up. Japan, China, Hong Kong, South Korea, Malaysia, Singapore and Thailand did very well; the Philippines were weak. Europe, Africa and the Middle East are currently mostly up. The UK, France, Turkey, Germany, Russia, South Africa, France, Norway, Spain, Italy and Austria are doing very well. […]<\/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\/12059"}],"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=12059"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12059\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}