{"id":11539,"date":"2018-03-19T07:36:32","date_gmt":"2018-03-19T12:36:32","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11539"},"modified":"2018-03-19T07:36:32","modified_gmt":"2018-03-19T12:36:32","slug":"before-the-open-mar-19-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11539","title":{"rendered":"Before the Open (Mar 19)"},"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 leaned to the downside. Japan, South Korea, India and Thailand closed down the most. <strong>Europe, Africa and the Middle East<\/strong> currently lean down too. Turkey and Hungary are down more than 1%; the UK, Poland, Germany, Israel and Sweden are also weak. 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-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> VIDEO: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"https:\/\/youtu.be\/m-ZANV5k2CY\">State of the Market<\/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 down. Gold and silver are flat. 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;\"> Tesla (TSLA -1.31%) slid nearly 2% in pre-market trading after Goldman Sachs said the company&#8217;s Model 3 deliveries will fall &#8220;well short&#8221; of consensus expectations<\/span><br \/>\n<span style=\"font-size: medium;\"> GrubHub (GRUB -0.32%) was downgraded to &#8216;Hold&#8217; from &#8216;Buy&#8217; at Stifel.<\/span><br \/>\n<span style=\"font-size: medium;\"> Zoetis (ZTS -0.11%) was downgraded to &#8216;Equal-Weight&#8217; from &#8216;Overweight&#8217; at Morgan Stanley.<\/span><br \/>\n<span style=\"font-size: medium;\"> Jazz Pharmaceuticals PLC (JAZZ +3.62%) was upgraded to &#8216;Overweight&#8217; from &#8216;Equal-Weight&#8217; at Morgan Stanley with a price target of $183.<\/span><br \/>\n<span style=\"font-size: medium;\"> Amdocs Ltd (DOX +0.50%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at Jeffries.<\/span><br \/>\n<span style=\"font-size: medium;\"> Newell Brands (NWL -0.80%) gained over 2% in after-hours trading after activist investor Carl Icahn reported a 6.86% stake in the company.<\/span><br \/>\n<span style=\"font-size: medium;\"> A10 Networks (ATEN +0.46%) was downgraded to &#8216;Neutral&#8217; from &#8216;Buy&#8217; at D.A. Davidson &amp; Co.<\/span><br \/>\n<span style=\"font-size: medium;\"> Nobility Homes (NOBH -17.35%) may move higher this morning after Gamco Investors reported a 12.68% stake in the company.<\/span><br \/>\n<span style=\"font-size: medium;\"> Liberty Media (FWONA -0.39%) may move higher this morning after Gamco Investors reported a 10.96% stake in the company.<\/span><br \/>\n<span style=\"font-size: medium;\"> Moneygram International (MGI -5.08%) may move higher this morning after it reported Q4 revenue of $408.2 million, better than consensus of $303.8 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Geron (GERN -3.16%) slid 3% in after-hours trading after it reported Q4 revenue of $0.19 million, weaker than consensus of $0.41 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Thursday&#8217;s Key Earnings<\/strong><br \/>\n<span style=\"font-size: medium;\"> Adobe (NASDAQ:ADBE) +3.8% AH on strong subscriber growth.<br \/>\n<span style=\"font-size: medium;\"> Broadcom (AVGO) -1.8% AH despite FQ1 beat, Brocade buy.<br \/>\n<span style=\"font-size: medium;\"> Dollar General (NYSE:DG) +4.8% posting a solid holiday quarter.<\/span><\/span><\/span><\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> none<\/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 leaned to the downside. Japan, South Korea, India and Thailand closed down the most. Europe, Africa and the Middle East currently lean down too. Turkey and Hungary are down more than 1%; the UK, Poland, Germany, Israel and Sweden are also weak. [&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\/11539"}],"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=11539"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11539\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}