{"id":12408,"date":"2018-11-14T08:50:31","date_gmt":"2018-11-14T13:50:31","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12408"},"modified":"2018-11-14T08:50:31","modified_gmt":"2018-11-14T13:50:31","slug":"before-the-open-nov-14-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12408","title":{"rendered":"Before the Open (Nov 14)"},"content":{"rendered":"

Good morning. Happy Wednesday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed with a slight lean to the downside. Indonesia and the Philippines posted gains; China, Hong Kong, Australia and Thailand posted losses. Europe, Africa and the Middle East<\/strong> currently lean to the upside. Poland, Turkey and Hungary are leading; Greece, Saudi Arabia, Israel, Sweden 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>Bollinger Bands \u2013 Everything You Need to Know<\/a>
\n—————<\/span>
\n The dollar is down. Oil and copper are up. Gold and silver are mixed and flat. Bonds are down. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Edison International (EIX +3.70%) was downgraded to ‘Sell’ from ‘Hold’ at Edqard Jones.<\/span>
\n MercadoLibre (MELI +1.84%) was rated a new ‘Buy’ at BTIG LLC with a price target of $395.<\/span>
\n Etsy (ETSY -6.63%) gained 1% in after-hours trading after it was rated a new ‘Buy’ at BTIG LLC with a price target of $59.<\/span>
\n 3M (MMM +0.67%) may move higher initially this morning after its board authorized the repurchase of up to $10 billion of the company’s outstanding common stock.<\/span>
\n Tilray (TLRY -1.67%) slid almost 3% in after-hours trading after it reported Q3 revenue of $10 million, below consensus of $10.1 million.<\/span>
\n Wix.com Ltd (WIX +3.06%) dropped 4% in after-hours trading after it reported Q3 premium subscribers rose +26% y\/y, weaker than 28% growth in Q2 and slower than 29% growth in Q1.<\/span>
\n CareDx (CDNA -7.41%) lost nearly 4% in after-hours trading after it announced that it intends to offer 2.0 million shares of its common stock in an underwritten public offering.<\/span>
\n PetIQ (PETQ -5.36%) jumped 7% in after-hours trading after it boosted its full-year sales outlook to about $515 million, higher than consensus of $502.3 million.<\/span>
\n Cardlytics (CDLX -2.90%) dropped almost 10% in after-hours trading after it reported Q3 revenue of $34.6 million, weaker than consensus of $37.4 million, and then forecast Q4 revenue of $43 million to $45 million, below consensus of $49.1 million.<\/span>
\n SVMK Inc (SVMK -1.83%) climbed more than 3% in after-hours trading after it forecast full-year revenue of $251.2 million to $253.2 million, better than consensus of $249 million.<\/span>
\n MACOM Technology Solutions Holdings (MTSI +1.68%) rose 3% in after-hours trading after it forecast Q1 adjusted EPS of 18 cents to 22 cents, the midpoint above consensus of 19 cents.<\/span>
\n Switch (SWCH -0.86%) fell nearly 3% in after-hours trading after it forecast full-year adjusted Ebitda of $197 million to $200 million, the midpoint below consensus of $198.8 million.<\/span>
\n Amyris (AMRS +0.68%) plunged 29% in after-hours trading after it reported Q3 GAAP revenue of $14.9 million, versus $24.2 million y\/y.<\/span>
\n Imprimis Pharmaceuticals (IMMY -10.23%) jumped 11% in after-hours trading after it reported Q3 gross margin expanded to 61% from 48% in the year-earlier period.<\/span>
\n Tuesday’s Key Earnings<\/strong>
\n Blue Apron (APRN) -1.6% AH following a decrease in customers.
\n Home Depot (NYSE:HD) -0.3% warning on comparable sales.
\n Tilray (NASDAQ:TLRY) -3.1% AH on lower prices, tight margins.
\n Tyson Foods (NYSE:TSN) -5.6% posting weak guidance.<\/span><\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 7:00 MBA Mortgage Applications
\n 8:30 Consumer Price Index
\n 9:00 Fed’s Reserve Vice Chairman for Supervision Governor Quarles Semi-Annual Testimony<\/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 Wednesday. The Asian\/Pacific markets closed with a slight lean to the downside. Indonesia and the Philippines posted gains; China, Hong Kong, Australia and Thailand posted losses. Europe, Africa and the Middle East currently lean to the upside. Poland, Turkey and Hungary are leading; Greece, Saudi Arabia, Israel, Sweden and South Africa are […]<\/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\/12408"}],"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=12408"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12408\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}