{"id":10326,"date":"2017-03-23T07:49:29","date_gmt":"2017-03-23T12:49:29","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10326"},"modified":"2017-03-23T07:49:29","modified_gmt":"2017-03-23T12:49:29","slug":"before-the-open-mar-23-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10326","title":{"rendered":"Before the Open (Mar 23)"},"content":{"rendered":"

Good morning. Happy Thursday.<\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up, but gains were small. India, Indonesia and Australia led the way. Europe<\/strong> is currently mostly up, but movement is minimal there too. Germany, Austria, Sweden, Poland, Hungary, Spain, Italy and Greece are doing the best. Russia is down almost 1%. Futures in the States<\/strong> point towards a gap up open for the cash market. <\/span>
\nThe dollar is up. Oil and copper are up. Gold is down; silver is up. Bonds are down. <\/span>
\n I recorded a video<\/a> outlining the current state of things and what I’m using as my guides looking out the next couple weeks. <\/span>
\nStock headlines<\/strong> from barchart.com…<\/span>
\n FireEye (FEYE +0.44%) rallied 4% in pre-market trading after it was upgraded two notches to ‘Buy’ from ‘Sell’ at Goldman Sachs with a price target of $15.<\/span>
\n Dollar Tree (DLTR +0.74%) was upgraded to ‘Neutral’ from ‘Underperform’ at Credit Suisse.<\/span>
\n Gulfport Energy (GPOR -2.01%) was downgraded to ‘Neutral’ from ‘Buy’ at Goldman Sachs.<\/span>
\n Dollar General (DG +0.96%) slid nearly 2% in pre-market trading after it was downgraded to ‘Underperform’ from ‘Neutral’ at Credit Suisse.<\/span>
\n Southwestern Energy (SWN -1.21%) was rated a new ‘Buy’ at Stifel with a 12-month target price of $10.<\/span>
\n Morgan Stanley (MS -1.05%) was downgraded to ‘Sell’ from ‘Hold’ at Edward Jones.<\/span>
\n PVH Corp (PVH -1.97%) jumped nearly 7% in after-hours trading after it reported Q4 adjusted EPS of $1.23, above consensus of $1.19.<\/span>
\n Five Below (FIVE -1.85%) rallied over 6% in after-hours trading after it reported Q4 EPS of 90 cents, higher than the highest estimate of 89 cents.<\/span>
\n Ultragenyx Pharmaceutical (RARE +0.82%) dropped nearly 6% in after-hours trading after it said a Phase 2 study of its UX007 in glucose transporter type-1 deficiency syndromein patients with seizures did not meet its primary endpoint.<\/span>
\n Herman Miller (MLHR unch) climbed 5% in after-hours trading after it reported Q3 adjusted EPS of 39 cents, higher than consensus of 32 cents, and said it sees Q4 EPS of 53 cents to 57 cents, better than consensus of 49 cents.<\/span>
\n Bellicum Pharmaceuticals (BLCM +3.31%) dropped 5% in after-hours trading it announced it had commenced an underwritten public offering of 5 million shares of its common stock.<\/span>
\n Cherry Hill Mortgage Investment (CHMI -0.91%) lost 2% in after-hours trading after it announced a public offering of 4.5 million shares of its common stock.<\/span>
\n Bebe Stores (BEBE +8.12%) jumped 10% in after-hours trading after it said it retained B. Riley to explore strategic options and a real estate adviser to assist with options related to lease holdings.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:00 PM Janet Yellen speech
\n 8:30 Initial Jobless Claims
\n 9:45 Bloomberg Consumer Comfort Index
\n 10:00 New Home Sales
\n 10:30 EIA Natural Gas Inventory
\n 12:00 PM Fed’s Kashkari speech
\n 4:30 PM Money Supply
\n 4:30 PM Fed Balance Sheet
\n 7:00 PM Fed’s Kaplan: Economic Outlook and Monetary Policy<\/span><\/span><\/span><\/span><\/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 Thursday. The Asian\/Pacific markets closed mostly up, but gains were small. India, Indonesia and Australia led the way. Europe is currently mostly up, but movement is minimal there too. Germany, Austria, Sweden, Poland, Hungary, Spain, Italy and Greece are doing the best. Russia is down almost 1%. 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\/10326"}],"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=10326"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10326\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}