{"id":10895,"date":"2017-10-23T07:51:04","date_gmt":"2017-10-23T12:51:04","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10895"},"modified":"2017-10-23T07:51:04","modified_gmt":"2017-10-23T12:51:04","slug":"before-the-open-oct-23-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10895","title":{"rendered":"Before the Open (Oct 23)"},"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. Japan, South Korea, India, Indonesia and Thailand posted gains; Hong Kong and the Philippines posted losses. <strong>Europe, Asia and the Middle East<\/strong> currently lean to the downside. Greece and Saudi Arabia are down more than 1%; Turkey, Kenya, Spain and the Czech Republic are also down. Poland, France and Finland are up. Futures in the <strong>States<\/strong> point towards a slight positive open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> VIDEO: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"https:\/\/youtu.be\/gWFJku17jmo\">My Favorite Intermediate Term Trading Setup<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is up. Oil and copper are 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;\"> Illumina (ILMN +2.29%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at Deutsche Bank with a price target of $250.<\/span><br \/>\n<span style=\"font-size: medium;\"> Dr. Pepper Snapple Group (DPS -0.31%) was upgraded to &#8216;Outperform&#8217; from &#8216;Market Perform&#8217; at Wells Fargo Securities with a price target of $98.<\/span><br \/>\n<span style=\"font-size: medium;\"> General Electric (GE +1.06%) was downgraded to &#8216;Underweight&#8217; from &#8216;Equal-Weight&#8217; at Morgan Stanley with a price target of $22.<\/span><br \/>\n<span style=\"font-size: medium;\"> JB Hunt Transport Services (JBHT +1.71%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at UBS with a price target of $126.<\/span><br \/>\n<span style=\"font-size: medium;\"> Biogen (BIIB -1.26%) was downgraded to &#8216;Neutral&#8217; from &#8216;Buy&#8217; at Citigroup.<\/span><br \/>\n<span style=\"font-size: medium;\"> Science Applications International (SAIC +1.49%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at Citigroup with a price target of $82.<\/span><br \/>\n<span style=\"font-size: medium;\"> Equifax (EFX -0.49%) was downgraded to &#8216;Sector Perform&#8217; from &#8216;Outperform&#8217; at RBC Capital Markets.<\/span><br \/>\n<span style=\"font-size: medium;\"> Southern Copper (SCCO -0.37%) was downgraded to &#8216;Sector Underperform&#8217; from &#8216;Sector Perform&#8217; at Scotiabank with a price target of $41.<\/span><br \/>\n<span style=\"font-size: medium;\"> Schmitt Industries (SMIT -0.55%) may move higher this morning after GAMCO Investors reported an 8.26% stake in the company, making it the third-largest equity holder.<\/span><br \/>\n<span style=\"font-size: medium;\"> Johnson &amp; Johnson (JNJ +0.25%) said its Janssen Biotech company received FDA approval for its SIMPONI ARIA drug for the treatment of adults with active psoriatic arthritis or active ankylosing spondylitis.<\/span><br \/>\n<span style=\"font-size: medium;\"> DBV Technologies SA (DBVT +1.95%) plunged 50% in after-hours trading after its peanut-allergy patch failed to reach a primary endpoint in a Phase 3 trial. Competitor Aimmune Therapeutics (AIMT -0.23%) surged 60% in after-hours trading on the news.<\/span><br \/>\n<span style=\"font-size: medium;\">&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong>Join our <a style=\"font-weight: bold; font-size: medium;\" href=\"http:\/\/www.leavittbrothers.com\/email-subscribe.cfm\">email list<\/a> &#8211; get technical research reports sent directly to you.<\/strong><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/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. Japan, South Korea, India, Indonesia and Thailand posted gains; Hong Kong and the Philippines posted losses. Europe, Asia and the Middle East currently lean to the downside. Greece and Saudi Arabia are down more than 1%; Turkey, Kenya, Spain and [&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\/10895"}],"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=10895"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10895\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}