{"id":11091,"date":"2017-12-21T08:40:51","date_gmt":"2017-12-21T13:40:51","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11091"},"modified":"2017-12-21T08:40:51","modified_gmt":"2017-12-21T13:40:51","slug":"before-the-open-dec-21-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11091","title":{"rendered":"Before the Open (Dec 21)"},"content":{"rendered":"

Good morning. Happy Thursday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mixed and perhaps with a slight lean to the downside. China, Hong Kong and Indonesia moved up; South Korea and Singapore moved down. Europe, Africa and the Middle East<\/strong> leaned to the upside. The UK, Turkey, South Africa, Switzerland, Norway and Austria moved up; Russia moved down. Futures in the States<\/strong> point towards a positive open for the cash market. <\/span>
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\n VIDEO: <\/strong>The 25-Year Tech Cycle<\/a>
\n—————<\/span>
\n The dollar is up. Bitcoin is down. Oil is down; copper is up. Gold and silver are down. Bonds are up. <\/span>
\nStock headlines<\/strong> from barchart.com…
\n JPMorgan Chase (JPM -0.35%) was upgraded to ‘Buy’ from ‘Neutral’ at Buckingham Research Group with a price target of $135.<\/span>
\n Darden Restaurants (DRI -1.05%) was upgraded to ‘Buy’ from ‘Hold’ at Argus Research.<\/span>
\n RBC Bearings (ROLL +2.41%) was rated a new ‘Buy’ at Drexel Hamilton LLC with a 12-month target price of $140.<\/span>
\n PG&E (PCG -1.79%) tumbled 9% in after-hours trading after it said it will suspend its dividend payment on common stock starting in the current quarter due to uncertainty related to liabilities from wildfires in California.<\/span>
\n Varex Imaging (VREX +4.86%) was upgraded to ‘Neutral’ from ‘Underweight’ at JPMorgan Chase<\/span>
\n Aimmune (AIMT +2.14%) was rated a new ‘Outperform’ at Baird with a 12-month target price of $64.<\/span>
\n Veritone (VERI -1.93%) jumped 8% in after-hours trading after acquired Data Analytics Software and the IP assets of Atigeo. Veritone said it will incorporate some of Atigeo’s technology into Veritone aiWARE.<\/span>
\n Mustang Bio (BIO -0.76%) was rated a new ‘Outperform’ at Oppenheimer with an 18-month target price of $18.<\/span>
\n Bed Bath & Beyond (BBBY +2.50%) slid 4% in after-hours trading after it reported Q3 gross margin of 35.2%, below consensus of 35.8%.<\/span>
\n Vocera Communications (VCRA +0.90%) was rated a new ‘Outperform’ at Baird with a 12-month target price of $35.<\/span>
\n Etsy (ETSY +2.02%) gained 1% in after-hours trading after it was rated a new ‘Overweight’ at KeyBanc Capital Markets with a 12-month target price of $26.<\/span>
\n Kura Oncology (KURA +1.42%) was rated a new ‘Outperform’ at Wedbush with a 12-month target price of $19.<\/span>
\n Advaxis (ADXS +12.21%) dropped 3% in after-hours trading after it reported a fiscal 201 net loss of -$93.4 million versus a loss of -$73.6 million in 2016.<\/span>
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\nJoin our email list<\/a> – get technical research reports sent directly to you.<\/strong>
\n—————<\/span>
\n Wednesday’s Key Earnings<\/strong>
\n Bed Bath & Beyond (NASDAQ:BBBY) +3.8% AH topping estimates.
\n General Mills (NYSE:GIS) +2% with steady sales growth.<\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Initial Jobless Claims
\n 8:30 GDP Q3
\n 8:30 Philly Fed Business Outlook
\n 8:30 Chicago Fed National Activity Index
\n 8:30 Corporate profits
\n 9:00 FHFA House Price Index
\n 9:45 Bloomberg Consumer Comfort Index
\n 10:00 Leading Indicators
\n 10:30 EIA Natural Gas Inventory
\n 4:30 PM Money Supply
\n 4:30 PM Fed Balance Sheet<\/span><\/span><\/span><\/span><\/span><\/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 Thursday. The Asian\/Pacific markets closed mixed and perhaps with a slight lean to the downside. China, Hong Kong and Indonesia moved up; South Korea and Singapore moved down. Europe, Africa and the Middle East leaned to the upside. The UK, Turkey, South Africa, Switzerland, Norway and Austria moved up; Russia moved down. […]<\/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\/11091"}],"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=11091"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11091\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}