{"id":10619,"date":"2017-08-16T07:31:51","date_gmt":"2017-08-16T12:31:51","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10619"},"modified":"2017-08-16T07:31:51","modified_gmt":"2017-08-16T12:31:51","slug":"before-the-open-aug-16-4","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10619","title":{"rendered":"Before the Open (Aug 16)"},"content":{"rendered":"

Good morning. Happy Wednesday.<\/span>
\n The Asian\/Pacific<\/strong> markets close mostly up. Hong Kong, South Korea, India, New Zealand, Austria, Indonesia and the Philippines did the best; Singapore was weak. Europe, Africa and the Middle East<\/strong> are mostly up. Poland, France, Germany, Greece, South Africa, Finland, Spain, Italy, Belgium and Austria are leading; Turkey is down. Futures in the States<\/strong> point to positive open for the cash market. <\/span>
\n—————
\n eBook: <\/strong>High Probability Setups for Stocks and Options<\/a>
\n—————<\/span>
\n The dollar is up. Oil and copper are up. Gold and silver are down. Bonds are down. <\/span>
\nStock headlines<\/strong> from barchart.com…<\/span>
\n Target (TGT -2.58%) rallied over 4% in pre-market trading after it reported Q2 adjusted EPS of $1.23, higher than consensus of $1.19, and then raised guidance on full-year adjusted EPS to $4.34-$4.54, the midpoint stronger than consenus of $4.41.<\/span>
\n Urban Outfitters (URBN -5.13%) jumped 18% in pre-market trading after it reported Q2 EPS of 44 cents, higher than consensus of 36 cents.<\/span>
\n Dick’s Sporting Goods (DKS -23.03%) was downgraded to ‘Neutral’ from ‘Buy’ at Buckingham Research Group.<\/span>
\n Biogen (BIIB +0.65%) was added to the ‘Conviction Buy List’ at Goldman Sachs.<\/span>
\n Facebook (FB +0.15%) may move higher today after it was initiated a new ‘Buy’ at SunTrust Robinson Humphrey with an 18-month target price of $210.<\/span>
\n Snap (SNAP +1.11%) may move lower today after it was initiated a new ‘Sell’ at SunTrust Robinson Humphrey with an 18-month target price of $10.<\/span>
\n Expedia (EXPE -0.35%) may move higher today after it was initiated a new ‘Buy’ at SunTrust Robinson Humphrey with an 18-month target price of $190.<\/span>
\n Agilent Technologies (A -0.40%) rose 4% in after-hours trading after it reported Q3 net revenue of $1.11 billion, higher than consensus of $1.09 billion, and then said it sees full-year revenue of $4.44 billion-$446 billion, above consensus of $4.41 billion.<\/span>
\n Nexstar Media Group (NXST -0.40%) lost 1% in after-hours trading after a block of 1.1 million shares of Nexstar shares were offered via Morgan Stanley for an unknown seller.<\/span>
\n Bristol-Myers Squibb (BMY +0.43%) fell 3% in after-hours trading after a kidney cancer study of its combination of its Opdivo and Yervoy did not meet its primary endpoint of statistical significance in a Phase 3 study.<\/span>
\n Viavi Solutions (VIAV -1.12%) lost almost 4% in after-hours trading after it said it sees Q1 adjusted EPS of 6 cents-9 cents, below consensus of 10 cents.<\/span>
\n Intec Pharma Ltd (NTEC -4.90%) slid 3% in after-hours trading after it announced the launch of an underwritten public offering of up to $50 million in ordinary shares.<\/span>
\n Tuesday’s Key Earnings<\/strong>
\n Home Depot (NYSE:HD) -2.7% with fears about online retail.
\n TJX Companies (NYSE:TJX) +0.8% lifting its profit guidance.<\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 7:00 MBA Mortgage Applications
\n 8:30 Housing Starts
\n 10:00 Atlanta Fed’s Business Inflation Expectations
\n 10:30 EIA Petroleum Inventories
\n 2:00 PM FOMC minutes<\/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 Wednesday. The Asian\/Pacific markets close mostly up. Hong Kong, South Korea, India, New Zealand, Austria, Indonesia and the Philippines did the best; Singapore was weak. Europe, Africa and the Middle East are mostly up. Poland, France, Germany, Greece, South Africa, Finland, Spain, Italy, Belgium and Austria are leading; Turkey is down. Futures […]<\/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\/10619"}],"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=10619"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10619\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}