{"id":12430,"date":"2018-11-20T08:49:35","date_gmt":"2018-11-20T13:49:35","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12430"},"modified":"2018-11-20T08:49:35","modified_gmt":"2018-11-20T13:49:35","slug":"before-the-open-nov-20-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12430","title":{"rendered":"Before the Open (Nov 20)"},"content":{"rendered":"

Good morning. Happy Tuesday. <\/span>
\n The Asian\/Pacific<\/strong> markets got hit hard. Japan, China, Hong Kong, South Korea, India, New Zealand, Taiwan, Singapore and Thailand all posted big losses. Europe, African and the Middle East<\/strong> are currently mostly down a bunch. Denmark, France, Turkey, Germany, the UAE, Germany, South Africa, Finland, Norway, Spain, Netherlands, Belgium, Portugal, Israel, Austria, Sweden and the Czech Republic are down more than 1%. Futures in the States<\/strong> point towards a huge gap down open for the cash market. <\/span>
\n—————
\n BLOG: <\/strong>Business, Poker & Trading<\/a>
\n—————<\/span>
\n The dollar is up. Oil is down; copper is up. Gold and silver are up. Bonds are up. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Target (TGT -2.37%) slumped 11% in pre-market trading after it reported Q3 comparable store sales rose +5.1%, weaker than consensus of +5.2%.<\/span>
\n Apple (AAPL -3.96%) is down more than 1% in pre-market trading after multiple suppliers indicated its cutting parts orders for the latest iPhones.<\/span>
\n Lowe’s (LOW -2.04%) is expected to open at least 4% lower this morning after it reported Q3 comparable store sales rose +1.5%, below consensus of +2.9%.<\/span>
\n Best Buy (BBY -6.37%) may open higher this morning after it reported Q3 enterprise comparable store sales rose +4.3%, stronger than consensus of +3.6%<\/span>
\n Intuit (INTU -5.77%) rallied 6% in after-hours trading after it reported Q1 adjusted EPS of 29 cents, well above consensus of 11 cents, and then forecast Q2 adjusted EPS of 85 cents to 88 cents, higher than consensus of 79 cents.<\/span>
\n Cintas (CTAS -1.98%) was rated a new ‘Outperform’ at RBC Capital Markets with a price target of $215.<\/span>
\n Agilent Technologies (A -3.66%) rose 4% in after-hours trading after it reported Q4 net revenue of $1.29 billion, higher than consensus of $1.26 billion, and then forecast Q1 revenue of $1.27 billion to $1.28 billion, the midpoint above consensus of $1.27 billion.<\/span>
\n Beacon Roofing (BECN +0.54%) may open lower initially this morning after it reported Q4 net sales of $1.94 billion, weaker than consensus of $2.01 billion.<\/span>
\n Aramark (ARMK -2.87%) was rated a new ‘Outperform’ at RBC Capital Markets with a price target of $47.<\/span>
\n Urban Outfitters (URBN -3.86%) climbed more than 3% in after-hours trading after it reported Q3 EPS of 70 cents, higher than consensus of 62 cents.<\/span>
\n L Brands (LB -2.07%) gained 1% in after-hours trading after it reported Q3 adjusted EPS of 16 cents, better than consensus of 15 cents, and then forecast Q4 EPS of $1.90 to $2.00, the midpoint above consensus of $1.99.<\/span>
\n Brooks Automation (BRKS -5.45%) dropped more than 7% in after-hours trading after it reported Q4 revenue of $159.6 million, weaker than consensus of $205.6 million.<\/span>
\n Pure Storage (PSTG -8.32%) jumped 7% in after-hours trading after it reported Q3 revenue of $372.8 million, better than consensus of $367.4 million.<\/span>
\n ADT Inc (ADT -4.71%) was rated a new ‘Outperform’ at RBC Capital Markets with a price target of $12.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Housing Starts
\n 8:55 Redbook Chain Store Sales<\/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 got hit hard. Japan, China, Hong Kong, South Korea, India, New Zealand, Taiwan, Singapore and Thailand all posted big losses. Europe, African and the Middle East are currently mostly down a bunch. Denmark, France, Turkey, Germany, the UAE, Germany, South Africa, Finland, Norway, Spain, Netherlands, Belgium, Portugal, Israel, […]<\/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\/12430"}],"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=12430"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12430\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}