{"id":10637,"date":"2017-08-21T07:42:37","date_gmt":"2017-08-21T12:42:37","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10637"},"modified":"2017-08-21T07:42:37","modified_gmt":"2017-08-21T12:42:37","slug":"before-the-open-aug-21-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10637","title":{"rendered":"Before the Open (Aug 21)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Monday. Hope you had a good weekend. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed mixed. China and Japan moved up; India, Indonesia and the Philippines moved down. <strong>Europe, Africa and the Middle East<\/strong> currently lean to the upside. Turkey, Greece, Denmark, Russia and Switzerland are up the most; Kenya is weak. Futures in the <strong>States<\/strong> point to a mixed and flat open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> Podcast: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"http:\/\/chatwithtraders.com\/ep-017-jason-leavitt\/\">with Chat With Traders<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is down slightly. Oil is flat; copper is up. Gold and silver are up. Bonds are up. <\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Foot Locker (FL -27.92%) fell 1% in pre-market trading after it was downgraded to &#8216;Neutral&#8217; from &#8216;Buy&#8217; at UBS.<\/span><br \/>\n<span style=\"font-size: medium;\"> Finish Line (FINL -8.17%) was downgraded to &#8216;Sell&#8217; from &#8216;Neutral&#8217; at UBS with a price target of $9.<\/span><br \/>\n<span style=\"font-size: medium;\"> Nike (NKE -4.37%) was downgraded to &#8216;Hold&#8217; from &#8216;Buy&#8217; at Jeffries.<\/span><br \/>\n<span style=\"font-size: medium;\"> Advanced Auto Parts (AAP +0.44%) was upgraded to &#8216;Equal-Weight&#8217; from &#8216;Underweight&#8217; at Barclays.<\/span><br \/>\n<span style=\"font-size: medium;\"> Lululemon (LULU -1.41%) was upgraded to &#8216;Buy&#8217; from &#8216;Underperform&#8217; at Bank of America\/Merrill Lynch with a price target of $70.<\/span><br \/>\n<span style=\"font-size: medium;\"> Snap-On (SNA -0.58%) was downgraded to &#8216;Neutral&#8217; from &#8216;Buy&#8217; at Longbow Research.<\/span><br \/>\n<span style=\"font-size: medium;\"> Sturm Ruger (RGR +1.13%) was initiated a new &#8216;Buy&#8217; at Aegis with a price target of $67.<\/span><br \/>\n<span style=\"font-size: medium;\"> Calpine (CPN +10.52%) was downgraded to &#8216;Neutral&#8217; from &#8216;Buy&#8217; at Guggenheim Securities.<\/span><br \/>\n<span style=\"font-size: medium;\"> Flex Ltd (FLEX -1.83%) gained over 1% in after-hours trading after the company received shareholder approval to purchase up to 20% of its outstanding shares.<\/span><br \/>\n<span style=\"font-size: medium;\"> LendingClub (LC +2.23%) rose almost 2% in after-hours trading after Director Ciporin disclosed a 10,000-share purchase of LendingClub&#8217;s stock.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\">8:30 Chicago Fed National Activity Index<\/span><\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Other<\/strong>&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\">today&#8217;s <a href=\"http:\/\/www.briefing.com\/investor\/calendars\/upgrades-downgrades\/\">upgrades\/downgrades<\/a> from briefing.com<\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/www.morningstar.com\/earnings\/earnings-calendar.aspx\">Earnings<\/a><\/span> from Morningstar<br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/mam.econoday.com\/\">Economic Numbers\/Reports<\/a><\/span> powered by ECONODAY<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Monday. Hope you had a good weekend. The Asian\/Pacific markets closed mixed. China and Japan moved up; India, Indonesia and the Philippines moved down. Europe, Africa and the Middle East currently lean to the upside. Turkey, Greece, Denmark, Russia and Switzerland are up the most; Kenya is weak. Futures in the States [&hellip;]<\/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\/10637"}],"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=10637"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10637\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}