{"id":10853,"date":"2017-10-10T07:31:27","date_gmt":"2017-10-10T12:31:27","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10853"},"modified":"2017-10-10T07:31:27","modified_gmt":"2017-10-10T12:31:27","slug":"before-the-open-oct-10-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10853","title":{"rendered":"Before the Open (Oct 10)"},"content":{"rendered":"

Good morning. Happy Tuesday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up. Japan, China, Hong Kong, South Korea and Thailand led the way. Europe, Africa and the Middle East<\/strong> are currently mixed. Turkey is up more than 1%; Greece is also doing well. Spain is down more than 1%; Italy, Austria, Saudi Arabia and the Czech Republic are also down. Futures in the States<\/strong> point towards a positive open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>My Favorite Intermediate Term Trading Setup<\/a>
\n—————<\/span>
\n The dollar is down. Oil and copper are up. Gold and silver are up. Bonds are up. <\/span>
\nStock headlines<\/strong> from barchart.com…<\/span>
\n McKesson (MCK -2.08%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Cowen with a price target of $189.<\/span>
\n Transocean (RIG +1.94%) was initiated a new ‘Buy’ at Deutsche Bank with a price target of $13.<\/span>
\n Union Pacific (UNP -0.06%) was downgraded to ‘Hold’ from ‘Buy’ at Aegis Capital.<\/span>
\n Apache (APA +1.51%) cut its Q3 crude production estimate to 206,000 bpd to 208,000 bpd from a prior estimate of 208,000 to 214,000 bpd and cut its Q4 crude production estimate to 218,000 bpd to 224,000 bpd from a prior view of 225,000 bpd to 237,000 bpd due to the impact of Hurricane Harvey.<\/span>
\n Caterpillar (CAT -0.04%) gained +0.2% in after-hours trading after Goldman Sachs reiterated its ‘Buy’ rating on the stock and raised its 12-month target price to $158 from $143.<\/span>
\n American Homes (AMH +0.42%) was initiated a new ‘Buy’ at BTIG with a price target of $26.<\/span>
\n SRC Energy ({=SRCI was initiated a new ‘Buy’ at Jeffries with a price target of $12.<\/span>
\n Clovis Oncology (CLVS -1.05%) gained almost 1% in after-hours trading after it said it submitted a Supplemental New Drug Application with the FDA for its rucaparib drug for maintenance treatment for patients with platinum-sensitive recurrent ovarian cancer.<\/span>
\n American International Group (AIG -0.77%) fell nearly 1% in after-hours trading after it said its sees Q3 pre-tax catastrophe losses net of reinsurance of $2.9 billion-$3.1 billion.<\/span>
\n PDC Energy (PDCE +1.05%) was initiated a new ‘Buy’ at Jeffries with a price target of $60.<\/span>
\n Leidos Holdings (LDOS +0.40%) rose over 3% in after-hours trading after it received a contract from the Social Security Administration to provide IT support for the Social Security Administration’s Strategic Plan.<\/span>
\n Ichor Holdings Ltd (ICHR +1.89%) climbed 6% in after-hours trading after the company said it entered into a “substantial” agreement to produce liquid delivery systems for a key customer.<\/span>
\n Chesapeake Energy (CHK -0.24%) lost 1% in after-hours trading after it was downgraded to ‘Underperform’ from ‘Hold’ at Jeffries with a price target of $2.<\/span>
\n—————
\nJoin our email list<\/a> – get technical research reports sent directly to you.<\/strong>
\n—————<\/span>
\n Today’s Economic Calendar<\/strong>
\n 6:00 NFIB Small Business Optimism Index
\n 8:55 Redbook Chain Store Sales
\n 10:00 Fed’s Kashkari speech<\/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 Tuesday. The Asian\/Pacific markets closed mostly up. Japan, China, Hong Kong, South Korea and Thailand led the way. Europe, Africa and the Middle East are currently mixed. Turkey is up more than 1%; Greece is also doing well. Spain is down more than 1%; Italy, Austria, Saudi Arabia and the Czech Republic […]<\/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\/10853"}],"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=10853"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10853\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}