{"id":11051,"date":"2017-12-11T08:43:38","date_gmt":"2017-12-11T13:43:38","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11051"},"modified":"2017-12-11T08:43:38","modified_gmt":"2017-12-11T13:43:38","slug":"before-the-open-dec-11-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11051","title":{"rendered":"Before the Open (Dec 11)"},"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 mostly up. China, Hong Kong and Singapore gained more than 1%; Japan, India, New Zealand, Taiwan and the Philippines also did well. <strong>Europe, Africa and the Middle East<\/strong> are current mixed. Turkey and Russia are up more than 1%; the UK, the UAE, Israel, Austria and Sweden are also doing well. Poland, Greece, Hungary, Saudi Arabia and Romania are down. Futures in the <strong>States<\/strong> point towards a flat 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\/KbOcE84GkyY\">LeavittBrothers.net Overview<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is down. Oil is up; copper is flat. Gold and silver are mixed and little changed. 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;\"> Automatic Data Processing (ADP +0.12%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at Goldman Sachs with a price target of $135.<\/span><br \/>\n<span style=\"font-size: medium;\"> DaVita (DVA +0.85%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at Citigroup.<\/span><br \/>\n<span style=\"font-size: medium;\"> First Solar (FSLR +2.32%) was upgraded to &#8216;Outperform&#8217; from &#8216;Neutral&#8217; at Baird with a price target of $82.<\/span><br \/>\n<span style=\"font-size: medium;\"> Kimberly-Clark (KMB +0.29%) was downgraded to &#8216;Sell&#8217; from &#8216;Neutral&#8217; at Citigroup.<\/span><br \/>\n<span style=\"font-size: medium;\"> Hologic (HOLX +2.42%) was upgraded to &#8216;Outperform&#8217; from &#8216;Market Perform&#8217; at Cowen with a price target of $51.<\/span><br \/>\n<span style=\"font-size: medium;\"> Flowserve (FLS -1.22%) was downgraded to &#8216;Hold&#8217; from &#8216;Buy&#8217; at Stifel.<\/span><br \/>\n<span style=\"font-size: medium;\"> Waste Management ({=WM =}) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at Stifel with a price target of $95.<\/span><br \/>\n<span style=\"font-size: medium;\"> Overstock.com (OSTK -1.25%) climbed nearly 4% in after-hours trading after Morgan Stanley reported an 11.4% passive stake in the company.<\/span><br \/>\n<span style=\"font-size: medium;\"> Cytokinetics (CYTK -1.23%) dropped 5% in after-hours trading after it said that the results of a Phase 3 trial of its Tirasemtiv in patients with amyorophic lateral sclerosis did not meet primary or secondary endpoints.<\/span><br \/>\n<span style=\"font-size: medium;\"> UTStarcom Holdings (UTSI +0.77%) rallied almost 8% in after-hours trading after Tonghao Group reported a 9.9% stake in the company.<\/span><br \/>\n<span style=\"font-size: medium;\"> Fate Therapeutics (FATE -0.48%) rose over 6% in after-hours trading after it announced the dosing of its first subject in the &#8220;Apollo&#8221; study of FATE-NK100 as a monotherapy for the treatment of refractory or relapsed acute myelogenous leukemia.<\/span><br \/>\n<span style=\"font-size: medium;\"> Akari Therapeutics PLC (AKTX -2.78%) jumped 14% in after-hours trading after is said a Phase II trial of its Coversin in patients with paroxysmal nocturnal hemoglobinuria met its primary endpoint.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 10:00 Job Openings and Labor Turnover Survey<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Results of $20B, 10-Year Note Auction<\/span><\/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 mostly up. China, Hong Kong and Singapore gained more than 1%; Japan, India, New Zealand, Taiwan and the Philippines also did well. Europe, Africa and the Middle East are current mixed. Turkey and Russia are up more than 1%; the UK, [&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\/11051"}],"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=11051"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11051\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}