{"id":11107,"date":"2017-12-28T08:50:18","date_gmt":"2017-12-28T13:50:18","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11107"},"modified":"2017-12-28T08:50:18","modified_gmt":"2017-12-28T13:50:18","slug":"before-the-open-dec-28-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11107","title":{"rendered":"Before the Open (Dec 28)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Thursday. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed mostly up. China, Hong Kong, South Korea, Taiwan, Indonesia and the Philippines did the best while Japan and Thailand lagged. <strong>Europe, Africa and the Middle East<\/strong> currently lean to the downside. Turkey and the UAE are up, but Greece, Russia, Kenya, Spain and the Czech Republic are down. Futures in the <strong>States<\/strong> point towards a positive open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->The dollar is down. Bitcoin is down. Oil is flat, and copper is up. Gold and silver are up. Bonds are down. <\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Sonoma Pharmaceuticals (SNOA -1.63%) was rated a new speculative &#8216;Buy&#8217; at Benchmark Company LLC with a 12-month target price of $10.<\/span><br \/>\n<span style=\"font-size: medium;\"> Allegion PLC (ALLE -0.49%) said it sees a $25 million to $50 million write-down in Q4 due to the U.S. Tax Act.<\/span><br \/>\n<span style=\"font-size: medium;\"> J.B. Hunt Transport Services (JBHT +0.48%) may move lower intially this morning after it forecast Q4 EPS of 77 cents to 82 cents, well below consensus of $1.02.<\/span><br \/>\n<span style=\"font-size: medium;\"> Homestreet (HMST -0.52%) stock holder Roaring Blue Lion Capital Management, who reported a 5.44% stake in the company, said it met with Homestreet&#8217;s board on Dec 21 to suggest operational changes to boost the stock&#8217;s value.<\/span><br \/>\n<span style=\"font-size: medium;\"> Argo Group International Holdings Ltd (AGII -0.49%) was upgraded to &#8216;Outperform&#8217; from &#8216;Market Perform&#8217; at Keefe, Bruyette &amp; Woods with a target price of $71.<\/span><br \/>\n<span style=\"font-size: medium;\"> Remark Holdings (MARK -0.80%) climbed over 5% in after-hours trading after it was mentioned positively in a Barron&#8217;s article.<\/span><br \/>\n<span style=\"font-size: medium;\"> Revolution Lighting Technologies (RVLT +4.75%) dropped almost 8% in after-hours trading after it reported preliminary Q4 revenue of $35 million, less than an October 26 forecast of $47 million to $50 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 8:30 Initial Jobless Claims<br \/>\n<span style=\"font-size: medium;\"> 8:30 International trade in goods<br \/>\n<span style=\"font-size: medium;\"> 9:45 Bloomberg Consumer Comfort Index<br \/>\n<span style=\"font-size: medium;\"> 10:30 EIA Natural Gas Inventory<br \/>\n<span style=\"font-size: medium;\"> 11:00 EIA Petroleum Inventories<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Results of $28B, 7-Year Note Auction<br \/>\n<span style=\"font-size: medium;\"> 3:00 PM Farm Prices<br \/>\n<span style=\"font-size: medium;\"> 4:30 PM Money Supply<br \/>\n<span style=\"font-size: medium;\"> 4:30 PM Fed Balance Sheet<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/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 Thursday. The Asian\/Pacific markets closed mostly up. China, Hong Kong, South Korea, Taiwan, Indonesia and the Philippines did the best while Japan and Thailand lagged. Europe, Africa and the Middle East currently lean to the downside. Turkey and the UAE are up, but Greece, Russia, Kenya, Spain and the Czech Republic are [&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\/11107"}],"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=11107"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11107\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}