{"id":11313,"date":"2018-01-29T09:00:13","date_gmt":"2018-01-29T14:00:13","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11313"},"modified":"2018-01-29T09:00:13","modified_gmt":"2018-01-29T14:00:13","slug":"before-the-open-jan-29-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11313","title":{"rendered":"Before the Open (Jan 29)"},"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. South Korea, Malaysia, Thailand, Taiwan and India did well; China and Hong Kong are down. Europe, Africa and the Middle East<\/strong> are currently split. Greece, Finland and Kenya are up; Turkey, South Africa, Russia and Portugal are down. Futures in the States<\/strong> point to moderate gap down open for the cash market.<\/span>
\nIRBT<\/strong> is one of our trades that’s working well for us. <\/span>
\n\"\"
\n The dollar is up. Bitcoin is down. Oil is down; copper is up. Gold and silver are down. Bonds are down. <\/span>
\n Stock headlines<\/strong> from barchart.com…<\/span>
\n Starbucks (SBUX -4.23%) was downgraded to ‘Market Perform’ from ‘Outperform’ at Bernstein.<\/span>
\n CBS (CBS +1.23%) was downgraded to ‘Market Perform’ from ‘Outperform’ at Wells Fargo Securities.<\/span>
\n Myriad Genetics (MYGN +0.20%) was rated a new ‘Sell’ at Goldman Sachs with a price target of $32.<\/span>
\n Equinix (EQIX +0.55%) was upgraded to ‘Buy’ from ‘Neutral’ at UBS with a price target of $510.<\/span>
\n Allergan (AGN -0.10%) was upgraded to ‘Overweight’ from ‘Equal-Weight’ at Barclays.<\/span>
\n Keurig Green Mountain (GMCR -0.30%) said it will acquire Dr Pepper Snapple (DPS -0.04%) for $103.75 a share.<\/span>
\n Lowe’s (LOW +0.96%) gained nearly 1% in after-hours trading after it announced a new $5 billion stock repurchase program in addition to the previous buyback program that had a remaining balance of $2.1 billion as of Nov 3.<\/span>
\n Kroger (KR +2.05%) gained almost 1% in after-hours trading after CNBC reported Casey’s General Stores is eyeing Kroger’s convenience-store business.<\/span>
\n Momo (MOMO +1.81%) gained over 1% in after-hours trading after it was upgraded to ‘Overweight’ from ‘Neutral’ at JPMorgan Chase with a price target of $40.<\/span>
\n Karypharm Therapeutics (KPTI +4.07%) fell over 2% in after-hours trading after it filed to sell a $250 million mixed securities shelf offering.<\/span>
\n National CineMedia (NCMI -0.30%) rose nearly 5% in after-hours trading after Standard General reported 16.9% in the company and said it seeks board representation.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Personal Income and Outlays
\n 10:30 Dallas Fed Manufacturing Survey<\/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 Monday. Hope you had a good weekend. The Asian\/Pacific markets closed with a lean to the upside. South Korea, Malaysia, Thailand, Taiwan and India did well; China and Hong Kong are down. Europe, Africa and the Middle East are currently split. Greece, Finland and Kenya are up; Turkey, South Africa, Russia and […]<\/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\/11313"}],"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=11313"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11313\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}