{"id":11151,"date":"2018-01-12T08:46:50","date_gmt":"2018-01-12T13:46:50","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11151"},"modified":"2018-01-12T08:46:50","modified_gmt":"2018-01-12T13:46:50","slug":"before-the-open-jan-12-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11151","title":{"rendered":"Before the Open (Jan 12)"},"content":{"rendered":"

Good morning. Happy Friday. <\/span>
\n The Asian\/Pacific<\/strong> markets leaned to the upside. Hong Kong, South Korea and Taiwan did well; Japan was weak. Europe, Africa and the Middle East<\/strong> currently lean to the upside. Turkey, Greece, South Africa, Russia, Italy, Israel and Saudi Arabia are doing well; Denmark is weak. Futures in the States<\/strong> point towards a positive open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>Current Trades<\/a>
\n—————<\/span>
\n The dollar is down. Bitcoin is up. Oil is down; copper is up. Gold and silver are up. Bonds are down. <\/span>
\n Stock headlines<\/strong> from barchart.com…<\/span>
\n Humana (HUM +0.80%) was upgraded to ‘Buy’ from ‘Hold’ at Jeffries with a price target of $333.<\/span>
\n eBay (EBAY +0.29%) was upgraded to ‘Buy’ from ‘Hold’ at Suntrust Robinson Humphrey with a price target of $46.<\/span>
\n JPMorgan Chase (JPM +0.54%) fell -0.5% in pre-market trading after it reported a -26% decline in Q4 trading revenue, a bigger decline than expectations of -19%.<\/span>
\n Texas Roadhouse (TXRH +1.31%) was rated a new ‘Outperform’ at Wedbush with a 12-month target price of $67.<\/span>
\n Finisar (FNSR +2.44%) gained 2% in after-hours trading after it announced the retirement of co-founder and CEO Jerry Rawls and appointment of Michael Hurlston as new CEO effective today.<\/span>
\n Exact Sciences (EXAS +2.04%) fell over 5% in after-hours trading after it announced an underwritten public offering of $500 million in convertible senior notes due 2025.<\/span>
\n Travelport Worldwide Ltd (TVPT -1.46%) climbed almost 4% in after-hours trading after it was named to replace Bob Evans in the S&P SmallCap 600 before the open of trading on Wednesday, Jan 17.<\/span>
\n Astronics (ATRO +1.86%) rallied 5% in after-hours trading after it raised its 2018 consolidated revenue estimate to $745 million-$815 million from a prior view of $675 million-$750 million.<\/span>
\n Taylor Morrison Home (TMHC +3.46%) dropped almost 3% in after-hours trading after it announced the commencement of an underwritten public offering of 19.2 million shares of its Class A common stock.<\/span>
\n Advanced Micro Devices (AMD +1.51%) slid nearly 3% in after-hours trading after it acknowledged that two vulnerabilities apply to its chips after it said on Jan 3 that it sees “near zero risk” its chips were vulnerable to hacking.<\/span>
\n Miragen Therapeutics (MGEN +0.35%) was rated a new ‘Outperform at Oppenheimer with an 18-month target price of $13.<\/span>
\n Scorpio Bulkers (SALT -2.63%) was rated a new ‘Buy’ at Noble Financial Group with a 12-month target price of $10.<\/span>
\n Aradigm (ARDM -7.57%) plunged 44% in after-hours trading after the FDA failed to approve Aradigm’s Linhaliq for treatment of non-cystic fibrosis bronchiectasis in patients with chronic lung pseudomonas aeruginosa infections.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Consumer Price Index
\n 8:30 Retail Sales
\n 10:00 Business Inventories
\n 12:30 PM Fed’s Harker Speech
\n 1:00 PM Baker-Hughes Rig Count
\n 4:30 PM Fed’s Rosengren: \u201cMoney, Models, and Digital Innovation\u201d<\/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 Friday. The Asian\/Pacific markets leaned to the upside. Hong Kong, South Korea and Taiwan did well; Japan was weak. Europe, Africa and the Middle East currently lean to the upside. Turkey, Greece, South Africa, Russia, Italy, Israel and Saudi Arabia are doing well; Denmark is weak. Futures in the States point towards […]<\/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\/11151"}],"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=11151"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11151\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}