{"id":11073,"date":"2017-12-18T08:46:20","date_gmt":"2017-12-18T13:46:20","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11073"},"modified":"2017-12-18T08:46:20","modified_gmt":"2017-12-18T13:46:20","slug":"before-the-open-dec-18-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11073","title":{"rendered":"Before the Open (Dec 18)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a good weekend. <\/span>
\n The Asian\/Pacific<\/strong> markets closed with a lean to the upside. Japan and the Philippines gained more than 1%: India and Australia also did well. Europe, Africa and the Middle East<\/strong> are currently mostly up. Austria is up more than 2%; France, Poland, Turkey, Germany, Greece, Denmark, Norway, Sweden and Saudi Arabia are up more than 1%. Futures in the States<\/strong> point towards a relatively big gap up open for the cash market. <\/span>
\n—————
\n Podcast: <\/strong>with Desire To Trade<\/a>
\n—————<\/span>
\n The dollar is down. Oil is up; copper is down. Gold and silver are up. Bonds are down. <\/span>
\n Stock headlines<\/strong> from barchart.com…<\/span>
\n Discover Financial Services (DFS +1.25%) was upgraded to ‘Buy’ from ‘Neutral at Bank of America\/Merrill Lynch.<\/span>
\n Costco Wholesale (COST +3.32%) was upgraded to ‘Outperform’ from ‘Market Perform’ at BMO Capital Markets with a price target of $215.<\/span>
\n Capital One Financial (COF +2.39%) was upgraded to ‘Buy’ from ‘Neutral at Bank of America\/Merrill Lynch.<\/span>
\n Phillips 66 Partners (PSX +0.37%) was upgraded to ‘Buy’ from ‘Neutral’ at Goldman Sachs.<\/span>
\n VMware (VMW +2.10%) was upgraded to ‘Overweight’ from ‘Sector Weight’ at KeyBanc Capital Markets with a 12-month target price of $142.<\/span>
\n Netgear (NTGR +2.41%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Raymond James with a 12-month target price of $62.<\/span>
\n Twitter (TWTR -1.55%) was upgraded to ‘Overweight’ from ‘Neutral’ at JPMorgan Chase with a price target of $27.<\/span>
\n Kellogg (K -0.09%) announced after the close Friday that its board has authorized a buyback of up to $1.5 billion in company stock.<\/span>
\n TD Ameritrade (AMTD +2.16%) gained almost 3% in after-hours trading after it said it will offer Cboe Bitcoin futures on Monday.<\/span>
\n Snyder\u2019s-Lance (LNCE +5.34%) rose 5% in after-hours trading after CNBC reported that Campbell Soup is in advanced talks to acquire the company.<\/span>
\n Akamai Technologies (AKAM +1.76%) jumped over 13% in after-hours trading after holder Elliot Associates reported a 6.5% stake in the company and said it seeks talks with management as it believes the shares are undervalued.<\/span>
\n Sunrun (RUN +3.41%) fell 4% in after-hours trading after it filed to sell $328.7 million of mixed securities.<\/span>
\n Aratana Therapeutics (PETX +2.69%) dropped 9% in after-hours trading after it said its AT-016 did not achieve efficacy success in a study of Osteoarthritis on dogs.<\/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 10:00 NAHB Housing Market Index<\/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 Monday. Hope you had a good weekend. The Asian\/Pacific markets closed with a lean to the upside. Japan and the Philippines gained more than 1%: India and Australia also did well. Europe, Africa and the Middle East are currently mostly up. Austria is up more than 2%; France, Poland, Turkey, Germany, Greece, […]<\/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\/11073"}],"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=11073"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11073\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}