{"id":12394,"date":"2018-11-09T08:40:02","date_gmt":"2018-11-09T13:40:02","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12394"},"modified":"2018-11-09T08:40:02","modified_gmt":"2018-11-09T13:40:02","slug":"before-the-open-nov-9-8","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12394","title":{"rendered":"Before the Open (Nov 9)"},"content":{"rendered":"

Good morning. Happy Friday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly down. China, Hong Kong, Taiwan, Indonesia and the Philippines dropped more than 1%. Europe, Africa and the Middle East<\/strong> are currently mostly down. The UK, Poland, France, Turkey, Russia, South Africa, Finland, Spain, Italy and Austria 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>State of the Market<\/a>
\n—————<\/span>
\n The dollar is up. Oil and copper are down. Gold and silver are down. Bonds are up. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Activision Blizzard (ATVI -3.53%) fell more than 9% in after-hours trading after it forecast full-year adjusted EPS of $2.58, below consensus of $2.62.<\/span>
\n Skyworks Solutions (SWKS +0.91%) slid more than 4% in after-hours trading after it forecast Q1 adjusted EPS of $1.91, well below consensus of $2.08.<\/span>
\n Walt Disney (DIS -0.90%) rose 2% in after-hours trading after it reported Q4 adjusted EPS of $1.48, higher than consensus of $1.34.<\/span>
\n Yelp (YELP -2.99%) plunged 28% in after-hours trading after it reported Q3 net revenue of $241.1 million, weaker than consensus of $245.5 million<\/span>
\n Air Lease (AL -1.68%) climbed 5% in after-hours trading after it reported Q3 revenue of $450.7 million, better than consensus of $442.6 million.<\/span>
\n MCBC Holdings (MCFT +2.75%) dropped nearly 8% in after-hours trading after it reported Q1 gross margin of +24.8%, below consensus of +25.0%.<\/span>
\n CareDx (CDNA -2.26%) jumped almost 10% in after-hours trading after it raised guidance on its 2018 revenue forecast to $74 million to $75 million from a prior view of $68 million to $70 million, above consensus of $69.9 million.<\/span>
\n Dropbox (DBX -1.08%) rose more than 8% in after-hours trading after it reported Q3 revenue of $360.3 million, above consensus of $352.6 million.<\/span>
\n Clearwater Paper (CLW -4.12%) climbed almost 7% in after-hours trading after it reported Q3 adjusted EPS of $1.35, well above consensus of 44 cents.<\/span>
\n Unisys (UIS -1.70%) fell almost 5% in after-hours trading after it reported Q3 adjusted EPS of 39 cents, weaker than consensus of 41 cents.<\/span>
\n Lions Gate Entertainment (@symbolPercentChange(LGF\/A)) rose 4% in after-hours trading after it reported Q2 revenue of $901 million, higher than consensus of $891.2 million.<\/span>
\n AMC Entertainment (AMC -1.36%) dropped 9% in after-hours trading after it reported a Q3 loss per share of -82 cents, much wider than consensus of -49 cents.<\/span>
\n Hertz Global Holdings (HTZ -1.39%) rallied 17% in after-hours trading after it reported Q3 adjusted EPS of $2.14, well above consensus of $1.77.<\/span>
\n Thursday’s Key Earnings<\/strong>
\n Activision Blizzard (NASDAQ:ATVI) -9.9% on weak bookings outlook.
\n AstraZeneca (NYSE:AZN) +3.7% with new drug hopes.
\n CenturyLink (NYSE:CTL) -5.5% AH posting light revenues.
\n Cheniere Energy (NYSEMKT:LNG) +3.2% following a Polish LNG deal.
\n Disney (DIS) +2.4% AH as studio revenue gained 50% Y\/Y.
\n Dropbox (NASDAQ:DBX) +8.2% AH beating expectations.
\n Hertz (NYSE:HTZ) +20.9% AH displaying a profit turnaround.
\n Skyworks Solutions (NASDAQ:SWKS) -4.1% on downside guidance.
\n Yelp (NYSE:YELP) -27.5% AH following a revenue shortfall.<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Producer Price Index
\n 9:00 Randal Quarles Speech
\n 10:00 Consumer Sentiment
\n 10:00 Wholesale Trade
\n 1:00 PM Baker-Hughes Rig Count<\/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 Friday. The Asian\/Pacific markets closed mostly down. China, Hong Kong, Taiwan, Indonesia and the Philippines dropped more than 1%. Europe, Africa and the Middle East are currently mostly down. The UK, Poland, France, Turkey, Russia, South Africa, Finland, Spain, Italy and Austria are down 1% or more. Futures in the States point […]<\/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\/12394"}],"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=12394"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12394\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}