{"id":11411,"date":"2018-02-20T09:03:24","date_gmt":"2018-02-20T14:03:24","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11411"},"modified":"2018-02-20T09:03:24","modified_gmt":"2018-02-20T14:03:24","slug":"before-the-open-feb-20-4","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11411","title":{"rendered":"Before the Open (Feb 20)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Tuesday. Hope you had a good weekend. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed with a lean to the downside. China and  Taiwan did well, but Japan, Hong Kong, South Korea and Thailand were weak. <strong>Europe, Africa and the Middle East<\/strong> currently leans to the downside. Turkey, Spain and Sweden are doing well. The UAE, Greece, South Africa, Hungary, Israel and the Czech Republic are down. Futures in the <strong>States<\/strong> point towards a moderate gap down open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->The dollar is up. Bitcoin is up. Oil is up; copper is down. Gold and silver are down. Bonds are down. <\/span><br \/>\n<span style=\"font-size: medium;\"> I&#8217;ll get caught up on email today. I was skiing all weekend. Went to pack the car on our last day and was greeted by this little guy. Fun stuff. Only in CO.<\/span><br \/>\n<img src=\"http:\/\/leavittbrothers.com\/blog\/i\/moose.png\" alt=\"\" \/><br \/>\n<span style=\"font-size: medium;\"> <strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> WalMart (WMT +1.50%) fell nearly 3% in pre-market trading after it reported Q4 adjusted EPS of $1.33, below consensus of $1.37, and said it sees fiscal 2019 EPS of $4.75-$5.00, weaker than consensus of $5.13.<\/span><br \/>\n<span style=\"font-size: medium;\"> Snap (SNAP +3.39%) was downgraded to &#8216;Sell&#8217; from &#8216;Neutral&#8217; at Citigroup with a target price of $14.<\/span><br \/>\n<span style=\"font-size: medium;\"> Wingstop (WING +1.06%) was downgraded to &#8216;Neutral&#8217; from &#8216;Outperform&#8217; at Baird.<\/span><br \/>\n<span style=\"font-size: medium;\"> Intercontinental Exchange (ICE -1.13%) was upgraded to &#8216;Overweight&#8217; from &#8216;Neutral&#8217; at JPMorgan Chase with a price target of $83.<\/span><br \/>\n<span style=\"font-size: medium;\"> Kraft Heinz (KHC -2.63%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at DZ Bank AG with a price target of $79.<\/span><br \/>\n<span style=\"font-size: medium;\"> Dow Jones reported that Qualcomm may raise its bid for NXP Semiconductors (NXPI +1.35%) to $127.50 a share.<\/span><br \/>\n<span style=\"font-size: medium;\"> Home Depot (HD +0.92%) gained +0.3% in pre-market trading after it reported Q4 U.S. comparable sales increased +7.2%, better than expectations of +6.2%.<\/span><br \/>\n<span style=\"font-size: medium;\"> CyberArk Software (CYBR -1.94%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at UBS with a price target of $58.<\/span><br \/>\n<span style=\"font-size: medium;\"> United Parcel Service (UPS -1.76%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at Edward Jones.<\/span><br \/>\n<span style=\"font-size: medium;\"> Opexa Therapeutics (ACER +2.72%) was rated a new &#8216;Outperform&#8217; at William Blair.<\/span><br \/>\n<span style=\"font-size: medium;\"> Rite Aid (RAD +2.40%) surged 28% in pre-market trading after the WSJ reported Albertsons plans to buy the rest of the company that is not being sold to Walgreens Boots Alliance.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Results of $28B, 2-Year Note Auction<\/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 Tuesday. Hope you had a good weekend. The Asian\/Pacific markets closed with a lean to the downside. China and Taiwan did well, but Japan, Hong Kong, South Korea and Thailand were weak. Europe, Africa and the Middle East currently leans to the downside. Turkey, Spain and Sweden are doing well. The UAE, [&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\/11411"}],"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=11411"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11411\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}