{"id":11367,"date":"2018-02-12T08:37:45","date_gmt":"2018-02-12T13:37:45","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11367"},"modified":"2018-02-12T08:37:45","modified_gmt":"2018-02-12T13:37:45","slug":"before-the-open-feb-12-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11367","title":{"rendered":"Before the Open (Feb 12)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Monday. Hope you had a good weekend. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed mostly up. Japan was weak, but China, South Korea, India and Thailand did well. <strong>Europe, Africa and the Middle East<\/strong> are currently mostly up. Denmark is up more than 2%; the UK, Poland, France, Turkey, Germany, Finland, Russia, Switzerland, Norway, Spain, the Netherlands, Belgium, Portugal, Austria, Sweden and Saudi Arabia are each up more than 1%. Futures in the <strong>States<\/strong> point towards a relatively big gap up open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> Podcast: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"http:\/\/chatwithtraders.com\/ep-017-jason-leavitt\/\">with Chat With Traders<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is down. Bitcoin is up. Oil and copper are 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;\"> American Express (AXP +3.83%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at Nomura Instinet with a 12-month target price of $108.<\/span><br \/>\n<span style=\"font-size: medium;\"> Dunkin&#8217; Brands Group (DNKN -1.00%) was upgraded to &#8216;Outperform&#8217; from &#8216;Market Perform&#8217; at BMO Capital Markets with a price target of $69.<\/span><br \/>\n<span style=\"font-size: medium;\"> Molson Coors (TAP -0.40%) was upgraded to &#8216;Outperform&#8217; from &#8216;Neutral&#8217; at Credit Suisse with a price target of $94.<\/span><br \/>\n<span style=\"font-size: medium;\"> T-Mobile (TMUS +0.54%) was upgraded to &#8216;Strong Buy&#8217; from &#8216;Outperform&#8217; at Raymond James with a 12-month target price of $76.<\/span><br \/>\n<span style=\"font-size: medium;\"> Manitowoc (MTW -0.09%) was downgraded to &#8216;Underweight&#8217; from &#8216;Neutral&#8217; at JPMorgan Chase.<\/span><br \/>\n<span style=\"font-size: medium;\"> iRobot (IRBT -3.18%) was upgraded to &#8216;Outperform&#8217; from &#8216;Market Perform&#8217; at Raymond James with a 12-month target price of $75.<\/span><br \/>\n<span style=\"font-size: medium;\"> Lumber Liquidators (LL +5.04%) was downgraded to &#8216;Neutral&#8217; from &#8216;Outperform&#8217; at Wedbush.<\/span><br \/>\n<span style=\"font-size: medium;\"> Unisys (UIS +18.56%) was downgraded to &#8216;Neutral&#8217; from &#8216;Positive&#8217; at Susquehanna Financial.<\/span><br \/>\n<span style=\"font-size: medium;\"> American International Group reported a 7.9% passive stake in Macy&#8217;s (M +0.62%) .<\/span><br \/>\n<span style=\"font-size: medium;\"> CDJK Global (CDK +0.29%) may move higher this morning after people with knowledge of the matter said a buyout group led by Carlyle Group and Silver Lake are nearing an agreement to acquire CDK Global.<\/span><br \/>\n<span style=\"font-size: medium;\"> Quidel (QDEL +3.27%) holder Jack Schuler boosted his stake in Quidel to 12.9% from 10.04% on Jan 22.<\/span><br \/>\n<span style=\"font-size: medium;\"> Arrowhead Pharma (ARWR -1.24%) reported a Q1 loss per share of -18 cents, wider than consensus of -16 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 2:00 PM Treasury Budget<\/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 Monday. Hope you had a good weekend. The Asian\/Pacific markets closed mostly up. Japan was weak, but China, South Korea, India and Thailand did well. Europe, Africa and the Middle East are currently mostly up. Denmark is up more than 2%; the UK, Poland, France, Turkey, Germany, Finland, Russia, Switzerland, Norway, Spain, [&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\/11367"}],"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=11367"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11367\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}