{"id":10763,"date":"2017-09-15T07:36:17","date_gmt":"2017-09-15T12:36:17","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10763"},"modified":"2017-09-15T07:36:17","modified_gmt":"2017-09-15T12:36:17","slug":"before-the-open-sep-15-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10763","title":{"rendered":"Before the Open (Sep 15)"},"content":{"rendered":"

Good morning. Happy Friday. Happy Options Expiration Day. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mixed. Japan, South Korea and the Philippines did well; China, New Zealand and Australia were weak. Europe, Africa and the Middle East<\/strong> currently lean to the downside. The UK, Greece and Denmark are down more than 1%; Switzerland and Norway are also weak. Hungary and the Czech Republic are up. Futures in the States<\/strong> point towards a slight down open for the cash market. <\/span>
\n—————
\n WEBINAR (Tues, Sep 19): <\/strong>The Real Keys to Surviving and Making Solid Profits in the Market<\/a>
\n—————<\/span>
\n The dollar is down. Oil is up; copper is flat. Gold and silver are down small amounts. Bonds are up slightly. <\/span>
\nStock headlines<\/strong> from barchart.com…<\/span>
\n Carnival Cruise Lines (CCL +0.47%) slid 3% in pre-market trading after it was downgraded to ‘Neutral’ from ‘Outperform’ at Credit Suisse.<\/span>
\n Morgan Stanley (MS +0.43%) was upgraded to ‘Buy’ from ‘Hold’ at HSBC with a price target of $53.<\/span>
\n Southwest Airlines (LUV -0.57%) was upgraded to ‘Overweight’ from ‘Neutral’ at JP Morgan Chase with a price target of $66<\/span>
\n Celgene (CELG -0.46%) was initiated a ‘Top Pick’ at RBC Capital Markets with a 12-month target price of $176.<\/span>
\n Caesars Entertainment (CZR +1.28%) rose almost 2% in after-hours trading after it was initiated as a ‘Buy’ at SunTrust Robinson Humphrey with an 18-month target price of $14.<\/span>
\n Intercept Pharmaceuticals (ICPT -3.68%) gained almost 1% in after-hours trading after it was rated a new ‘Outperform’ at RBC Capital Markets with a price target of $244.<\/span>
\n Oracle (ORCL -0.02%) slid nearly 5% in after-hours trading after it gave guidance for Q2 EPS of 64 cents-68 cents, the midpoint below consensus of 68 cents.<\/span>
\n Amicus Therapeutics (FOLD -0.74%) gained over 1% in after-hours trading after Health Canada approved the company’s Galafold for long-term treatment of adults with Fabry disease.<\/span>
\n Emirati Therapeutics (MRTX -1.04%) soared over 50% in after-hours trading after it said the combination of intravaginal and volume in patients with non-small cell lung cancer demonstrated 3 confirmed partial responses in the first 11 evaluable patients.<\/span>
\n T2 Biosystems (TTOO -10.32%) plunged 19% in after-hours trading after it announced that it is commencing an underwritten public offering of 2.5 million shares of its common stock.<\/span>
\n Clara (OCLR -2.01%) rose 2% in after-hours trading after it was initiated as a ‘Strong Buy’ at Raymond James with a price target of $12.<\/span>
\n Marinus Pharmaceuticals (MRNS +2.56%) lost over 2% in after-hours trading after it announced that it intends to offer $30 million of its common stock in an underwritten public offering.<\/span>
\n Genworth Financial (GNW -0.75%) climbed over 5% in after-hours trading after the Virginia Bureau of Insurance approved the proposed acquisition by China Oceanwide Holdings of Genworth’s Virginia based insurance companies.<\/span>
\n Flightpath Technologies (LPTH -6.59%) jumped 14% in after-hours trading after it reported Q4 revenue of $9.0 million, better than consensus of $8.8 million.<\/span>
\n Thursday’s Key Earnings<\/strong>
\n Oracle (NYSE:ORCL) -3.5% AH forecasting slower cloud growth.<\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Retail Sales
\n 8:30 Empire State Mfg Survey
\n 9:15 Industrial Production
\n 10:00 Business Inventories
\n 10:00 Consumer Sentiment
\n 1:00 PM Baker-Hughes Rig Count<\/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 Friday. Happy Options Expiration Day. The Asian\/Pacific markets closed mixed. Japan, South Korea and the Philippines did well; China, New Zealand and Australia were weak. Europe, Africa and the Middle East currently lean to the downside. The UK, Greece and Denmark are down more than 1%; Switzerland and Norway are also weak. […]<\/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\/10763"}],"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=10763"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10763\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}