{"id":11545,"date":"2017-09-19T07:44:55","date_gmt":"2017-09-19T12:44:55","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11545"},"modified":"2017-09-19T07:44:55","modified_gmt":"2017-09-19T12:44:55","slug":"before-the-open-sep-19-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11545","title":{"rendered":"Before the Open (Sep 19)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Tuesday.<\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed mostly down. Japan gained more than 1%, but China, Hong Kong, Taiwan, Malaysia and Singapore posted losses. The Philippines dropped more than 1%. <strong>Europe, Africa and the Middle East<\/strong> are mixed. The UK, Switzerland and Spain are up; Russia, Hungary and Saudi Arabia are down. Futures in the <strong>States<\/strong> point towards a slightly up open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong>45-Minute WEBINAR (today): <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"http:\/\/investorinspiration.com\/?utm_source=InvestorInspiration&amp;utm_campaign=JW-Leavitt_9-19\">The Real Keys to Surviving and Making Solid Profits in the Market<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is down. Oil and copper are up. Gold and silver are up. Bonds are up. <\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Michael Kors (KORS -0.60%) was upgraded to &#8216;Outperform&#8217; from &#8216;Market Perform&#8217; at Oppenheimer with a price target of $55.<\/span><br \/>\n<span style=\"font-size: medium;\"> Tesla (TSLA +1.37%) slid over 1% in pre-market trading after it was initiated with an &#8216;Underperform&#8217; at Jeffries with a price target of $280.<\/span><br \/>\n<span style=\"font-size: medium;\"> Nike (NKE -0.69%) was downgraded to &#8216;Neutral&#8217; from &#8216;Positive&#8217; at Susquehanna.<\/span><br \/>\n<span style=\"font-size: medium;\"> Acacia Communications (ACIA +2.57%) was initiated a new &#8216;Buy&#8217; at MKM Partners with a 12-month price target of $64.<\/span><br \/>\n<span style=\"font-size: medium;\"> Walgreens Boots Alliance ({=WBA =}) was initiated a new &#8216;Outperform&#8217; at RBC Capital Markets with a 12-month price target of $96<\/span><br \/>\n<span style=\"font-size: medium;\"> Quintiles IMS Holdings (Q +0.64%) was initiated a new &#8216;Outperform&#8217; at RBC Capital Markets with a 12-month price target of $116.<\/span><br \/>\n<span style=\"font-size: medium;\"> Total System Services (TSS -0.49%) was downgraded to &#8216;Hold&#8217; from &#8216;Buy&#8217; at Stifel.<\/span><br \/>\n<span style=\"font-size: medium;\"> Watts Water (WTS +4.53%) was initiated a new &#8216;Buy&#8217; at Oppenheimer with a 12-month price target of $72.<\/span><br \/>\n<span style=\"font-size: medium;\"> Quality Systems (QSII -0.88%) was initiated a new &#8216;Underperform&#8217; at RBC Capital Markets with a price target of $12.<\/span><br \/>\n<span style=\"font-size: medium;\"> Beacon Roofing Supply (BECN +1.15%) slid almost 5% in after-hours trading after it announced an underwritten public offering of $300 million in shares of its common stock.<\/span><br \/>\n<span style=\"font-size: medium;\"> Mirati Therapeutics (MRTX -3.57%) gained almost 1% in after-hours trading after it was initiated a new &#8216;Outperform&#8217; at Oppenheimer with an 18-month price target of $18.<\/span><br \/>\n<span style=\"font-size: medium;\"> Steelcase (SCS +0.70%) rose almost 4% in after-hours trading after it reported Q2 revenue of $775.6 million, better than consensus of $758.3 million.<\/span><br \/>\n<span style=\"font-size: medium;\"> Aldeyra Therapeutics (ALDX +2.25%) dropped 12% in after-hours trading after it announced an underwritten public offering of 2.7 million shares of common stock.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> FOMC meeting begins<br \/>\n<span style=\"font-size: medium;\"> 8:30 Housing Starts<br \/>\n<span style=\"font-size: medium;\"> 8:30 Current Account<br \/>\n<span style=\"font-size: medium;\"> 8:30 Import\/Export Prices<br \/>\n<span style=\"font-size: medium;\"> 8:55 Redbook Chain Store Sales<\/span><\/span><\/span><\/span><\/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. The Asian\/Pacific markets closed mostly down. Japan gained more than 1%, but China, Hong Kong, Taiwan, Malaysia and Singapore posted losses. The Philippines dropped more than 1%. Europe, Africa and the Middle East are mixed. The UK, Switzerland and Spain are up; Russia, Hungary and Saudi Arabia are down. Futures in [&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\/11545"}],"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=11545"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11545\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}