Before the Open (Jul 30)

Good morning. Happy Monday. Hope you had a good weekend.
The Asian/Pacific markets leaned to the downside. India, Indonesia, the Philippines and Thailand are up; Japan, China, Hong Kong, South Korea, Singapore and New Zealand are down. Europe, Africa and the Middle East are currently mixed and little changed. Poland, the UAE and Israel are up. Futures in the States point towards a flat open for the cash market.
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REPORT: LB Weekly – our weekly report, which covers the trends and the staying power of the trends. It is part of a LeavittBrothers.com subscription or can be subscribed to by itself at LeavittBrothers.net.
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The dollar is down. Oil is up; copper is down. Gold and silver are mixed and little changed. Bonds are down.
Overnight Stock Movers from barchart.com…
Colgate-Palmolive (CL -0.42%) was downgraded to ‘Neutral’ from ‘Outperform’ at Macquarie with a price target of $65.
Juniper (JNPR -7.33%) was upgraded to ‘Buy’ from ‘Hold’ at Deutsche Bank with a price target of $32.
Crane (CR -0.18%) was upgraded to ‘Buy’ from ‘Neutral’ at UBS with a price target of $100.
Ally Financial (ALLY -0.55%) was upgraded to ‘Buy’ from ‘Neutral’ at Bank of America/Merrill Lynch with a price target of $35.
Cooper Cos (COO -0.60%) was upgraded to ‘Overweight’ from ‘Sector Weight’ at KeyBanc Capital Markets with a price target of $298.
Helmerich & Payne (HP +1.74%) was upgraded to ‘Overweight’ from ‘Equal-Weight’ at Stephens with a price target of $85.
CBS (CBS -6.12%) CEO Leslie Moonves was accused of sexual harassment by several women according to any article in the New Yorker and the CBS Board will meet on the matter on Monday.
Alphabet (GOOG -2.35%) is reasonably valued, according to a weekend article by Barron’s
Facebook (FB -0.78%) is a bargain after last week’s plunge, according to a weekend article in Barron’s
Fiat Chrysler (FCAU +0.96%) may provide a buying opportunity after weak 2Q results and the death of Sergio Marchionne, according to a weekend article by Barron’s
Papa John’s (PZZA -2.99%) appointed Olivia Kirtley as the new chair of the company’s board of directors
Sprint’s (S +0.18%) chairman said the company is expanding into 700 Walmart stores with its partnership
Walmart (WMT -0.11%) is working on potential subscription video streaming service, according to a WSJ report
Today’s Economic Calendar
10:00 Pending Home Sales
10:30 Dallas Fed Manufacturing Survey
3:00 PM Farm Prices
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY