{"id":12182,"date":"2018-09-06T07:30:31","date_gmt":"2018-09-06T12:30:31","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12182"},"modified":"2018-09-06T07:30:31","modified_gmt":"2018-09-06T12:30:31","slug":"before-the-open-sep-6-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12182","title":{"rendered":"Before the Open (Sep 6)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Thursday. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed with a lean to the downside. India, Indonesia and Thailand did well, but China, Japan, Hong Kong, New Zealand, Taiwan, Australia and the Philippines were weak. <strong>Europe, Africa and the Middle East<\/strong> are mixed. Sweden, Turkey, Russia and Italy are up; Saudi Arabia, Kenya, Spain and the Netherlands are down. Futures in the <strong>States<\/strong> point towards a positive open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> Podcast &#8211; <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"https:\/\/chicagoseantrades.com\/2018\/09\/05\/podcast-jason-leavitt-relax-you-dont-have-to-learn-everything\/\"> with @ChicagoSean<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is down. Oil and copper are up. Gold and silver are up. Bonds are down. <\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Overnight Stock Movers<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Parker-Hannifin (PH +1.04%) was rated a new &#8216;Overweight&#8217; at Barclays with a price target of $200.<\/span><br \/>\n<span style=\"font-size: medium;\"> iRhythm Technologies (IRTC -0.74%) was rated anew &#8216;Buy&#8217; at Chardan with a price target of $117.<\/span><br \/>\n<span style=\"font-size: medium;\"> Aerovironment (AVAV -0.47%) jumped 7% in after-hours trading after it reported Q1 revenue of $78.0 million, better than consensus of $73.7 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Guidewire (GWRE -4.28%) fell more than 5% in after-hours trading after it forecast full-year adjusted EPS of $1.15 to $1.26, the midpoint below consensus of $1.26.<\/span><br \/>\n<span style=\"font-size: medium;\"> Verint Systems (VRNT -1.97%) jumped more than 8% in after-hours trading after it reported Q2 adjusted EPS of 76 cents, well above consensus of 62 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> DocuSign (DOCU -2.70%) fell nearly 3% in after-hours trading despite reporting Q2 revenue of $167 million, higher than consensus of $158.8 million, and after it forecast full-year revenue of $683 million to $688 million, stronger than consensus of $657.9 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Ctrip.com International Ltd (CTRP -3.87%) rose 5% in after-hours trading after it reported Q2 revenue of $1.11 billion, higher than consensus of $1.07 billion.<\/span><br \/>\n<span style=\"font-size: medium;\"> Tenable Holdings (TENB -3.27%) slid more than 5% in after-hours trading after it reported a Q2 adjusted loss of -18 cents a share versus -9 cents y\/y.<\/span><br \/>\n<span style=\"font-size: medium;\"> Cushman &amp; Wakefield (CWK +0.06%) may open higher initially this morning after it reported Q2 revenue of $1.97 billion, stronger than consensus of $1.71 billion.<\/span><br \/>\n<span style=\"font-size: medium;\"> LaSalle Hotel Properties (LHO +0.03%) gained more than 1% in after-hours trading after its Board of Trustees voted unanimously that Pebblebrook&#8217;s Aug 21 proposal constitutes a &#8220;superior proposal&#8221; to Blackstone&#8217;s proposal.<\/span><br \/>\n<span style=\"font-size: medium;\"> Cloudera (CLDR -4.38%) rallied 10% in after-hours trading after it reported Q2 revenue of $110.3 million, above consensus of $107.8 million, and then forecast full-year revenue of $440 million to $450 million, the midpoint higher than consensus of $441.7 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> ProQR Therapeutics NV (PRQR +120.75%) tumbled -11% in after-hours trading after it announced that it intends to offer $75 million of its common stock in an underwritten public offering.<\/span><br \/>\n<span style=\"font-size: medium;\"> REV Group (REVG -3.31%) dropped almost 8% in after-hours trading after it reported Q3 net sales of $597.7 million, weaker than consensus of $641.6 million, and then forecast full-year adjusted Ebitda of $160 million to $170 million, below consensus of $173 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 7:30 Challenger Job-Cut Report<br \/>\n<span style=\"font-size: medium;\"> 8:15 ADP Jobs Report<br \/>\n<span style=\"font-size: medium;\"> 8:30 Initial Jobless Claims<br \/>\n<span style=\"font-size: medium;\"> 8:30 Productivity and Costs<br \/>\n<span style=\"font-size: medium;\"> 9:45 PMI Services Index<br \/>\n<span style=\"font-size: medium;\"> 10:00 ISM Non-Manufacturing Index<br \/>\n<span style=\"font-size: medium;\"> 10:00 Factory Orders<br \/>\n<span style=\"font-size: medium;\"> 10:00 Fed&#8217;s Williams Speech<br \/>\n<span style=\"font-size: medium;\"> 10:30 EIA Natural Gas Inventory<br \/>\n<span style=\"font-size: medium;\"> 11:00 EIA Petroleum Inventories<br \/>\n<span style=\"font-size: medium;\"> 4:30 PM Money Supply<br \/>\n<span style=\"font-size: medium;\"> 4:30 PM Fed Balance Sheet<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Other<\/strong>&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\">today&#8217;s <a href=\"http:\/\/www.briefing.com\/investor\/calendars\/upgrades-downgrades\/\">upgrades\/downgrades<\/a> from briefing.com<\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/www.morningstar.com\/earnings\/earnings-calendar.aspx\">Earnings<\/a><\/span> from Morningstar<br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/mam.econoday.com\/\">Economic Numbers\/Reports<\/a><\/span> powered by ECONODAY<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Thursday. The Asian\/Pacific markets closed with a lean to the downside. India, Indonesia and Thailand did well, but China, Japan, Hong Kong, New Zealand, Taiwan, Australia and the Philippines were weak. Europe, Africa and the Middle East are mixed. Sweden, Turkey, Russia and Italy are up; Saudi Arabia, Kenya, Spain and the [&hellip;]<\/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\/12182"}],"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=12182"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12182\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}