{"id":12357,"date":"2018-10-30T07:52:17","date_gmt":"2018-10-30T12:52:17","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12357"},"modified":"2018-10-30T07:52:17","modified_gmt":"2018-10-30T12:52:17","slug":"before-the-open-oct-30-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12357","title":{"rendered":"Before the Open (Oct 30)"},"content":{"rendered":"

Good morning. Happy Tuesday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mixed. Japan, China, Australia, Indonesia, South Korea and New Zealand did well while the Philippines, India and Singapore posted losses. Europe, Africa and the Middle East<\/strong> currently lean to the downside. Portugal and Austria are up; Denmark, Turkey, the Czech Republic, Greece and South Africa are down. Futures in the States<\/strong> point towards a moderate gap up open for the cash market. <\/span>
\n—————
\n BLOG: <\/strong>LB Weekly<\/a>
\n—————<\/span>
\n The dollar is up. Oil and copper are down. Gold and silver are down. Bonds are down. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Phillips 66 (PSX -0.94%) was upgraded to ‘Overweight’ from ‘Neutral’ at JPMorgan Chase with a price target of $138.<\/span>
\n KLA-Tencor (KLAC -2.39%) gained almost 2% in after-hours trading after it reported Q1 adjusted EPS of $2.46, higher than consensus of $2.21.<\/span>
\n Tesla (TSLA +1.19%) was downgraded to ‘Sell’ from ‘Hold’ at Independent Research GmbH with a price target of $320.<\/span>
\n Akami Technologies (AKAM +0.13%) rallied almost 5% in after-hours trading after it forecast Q4 adjusted EPS of 97 cents to $1.03, better than consensus of 90 cents.<\/span>
\n Texas Roadhouse (TXRH -0.46%) dropped more than 10% in after-hours trading after it reported Q3 EPS of 40 cents, below consensus of 54 cents.<\/span>
\n National Oilwell Varco (NOV -2.17%) was upgraded to ‘Buy’ from ‘Hold’ at Societe Generale with a price target of $48.<\/span>
\n Varonis Systems (VRNS -1.99%) rose 3% in after-hours trading after it forecast Q4 adjusted EPS of 32 cents to 34 cents, higher than consensus of 29 cents.<\/span>
\n Trex (TREX -3.68%) fell 5% in after-hours trading after it reported Q3 net sales of $166.4 million, below consensus of $173.2 million, and then forecast Q4 net sales of $131 million, weaker than consensus of $139 million.<\/span>
\n Chegg (CHGG -3.40%) climbed nearly 9% in after-hours trading after it raised guidance on full-year revenue to $315 million to $318 million from a prior forecast of $306 million to $3111 million, higher than consensus of $309.7 million.<\/span>
\n Mondelez International (MDLZ unch) gained more than 2% in after-hours trading after it reported Q3 adjusted EPS of 62 cents, better than consensus of 60 cents.<\/span>
\n Cognex (CGNX -3.95%) tumbled 11% in after-hours trading after it forecast Q4 revenue of $180 million to $190 million, weaker than consensus of $200.2 million.<\/span>
\n Nautilus (NLS +2.92%) dropped 8% in after-hours trading after it reported Q3 net sales of $91.1 million, weaker than consensus of $94.1 million.<\/span>
\n Transocean Ltd (RIG -5.20%) gained 2% in after-hours trading after it reported an unexpected profit of 7 cents EPS, better than consensus of a loss of -10 cents a share.<\/span>
\n Elevate Credit (ELVT -2.61%) plunged 21% in after-hours trading after it reported Q3 adjusted EPS of 2 cents, well below consensus of 13 cents.<\/span>
\n Monday’s Key Earnings<\/strong>
\n Mondelez (NASDAQ:MDLZ) +2.7% AH on higher pricing.
\n Transocean (NYSE:RIG) +3.2% AH beating expectations.<\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:55 Redbook Chain Store Sales
\n 9:00 S&P Corelogic Case-Shiller Home Price Index
\n 10:00 Consumer Confidence
\n 10:00 State Street Investor Confidence Index
\n 3:00 PM Farm Prices<\/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 Tuesday. The Asian\/Pacific markets closed mixed. Japan, China, Australia, Indonesia, South Korea and New Zealand did well while the Philippines, India and Singapore posted losses. Europe, Africa and the Middle East currently lean to the downside. Portugal and Austria are up; Denmark, Turkey, the Czech Republic, Greece and South Africa are down. […]<\/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\/12357"}],"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=12357"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12357\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}