{"id":11643,"date":"2018-04-10T07:39:41","date_gmt":"2018-04-10T12:39:41","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11643"},"modified":"2018-04-10T07:39:41","modified_gmt":"2018-04-10T12:39:41","slug":"before-the-open-apr-10-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11643","title":{"rendered":"Before the Open (Apr 10)"},"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 up. China, Hong Kong, Australia, Malaysia and Indonesia led the way. <strong>Europe, Africa and the Middle East<\/strong> are currently mostly up. The UK, Germany, Greece, South Africa, Norway and Israel are posting the biggest gains; Turkey and Hungary are down. 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>Join our <a style=\"font-weight: bold; font-size: medium;\" href=\"http:\/\/www.leavittbrothers.com\/email-subscribe.cfm\">email list<\/a> &#8211; get technical research reports sent directly to you.<\/strong><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\">The dollar is down. Bitcoin is down. Oil and copper are up. Gold and silver are up. Bonds lean 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;\"> Becton Dickinson (BDX +0.88%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at Citigroup with a price target of $251.<\/span><br \/>\n<span style=\"font-size: medium;\"> NVIDIA (NVDA +0.54%) gained nearly 2% in after-hours trading after it was raised to &#8216;Overweight&#8217; from &#8216;Equal-Weight&#8217; at Morgan Stanley with a price target of $238.<\/span><br \/>\n<span style=\"font-size: medium;\"> Goldman Sachs (GS +0.89%) may open higher this morning after it was recommended with an &#8216;Outperform&#8217; rating at Bernstein with a price target of $300.<\/span><br \/>\n<span style=\"font-size: medium;\"> CME Group (CME +0.58%) was rated a new &#8216;Outperform&#8217; at Bernstein with a price target of $190.<\/span><br \/>\n<span style=\"font-size: medium;\"> Intercontinental Exchange (ICE +0.38%) was rated a new &#8216;Outperform&#8217; at Bernstein with a price target of $85.<\/span><br \/>\n<span style=\"font-size: medium;\"> Live Nation (LYV -1.14%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at Citigroup.<\/span><br \/>\n<span style=\"font-size: medium;\"> Etsy (ETSY -0.11%) may open higher this morning after it was rated a new &#8216;Buy&#8217; at Loop Capital Markets with a price target of $32.<\/span><br \/>\n<span style=\"font-size: medium;\"> Seagate Technology (STX -0.58%) may open higher this morning after it was upgraded to &#8216;Overweight&#8217; from &#8216;Equal-Weight&#8217; at Morgan Stanley with a price target of $72.<\/span><br \/>\n<span style=\"font-size: medium;\"> United Airlines (UAL -0.16%) reported March consolidated traffic rose +6.5% and said it sees Q1 capacity increasing +3.6% and prasm rising +2.7%<\/span><br \/>\n<span style=\"font-size: medium;\"> Tupperware Brands (TUP -0.38%) fell almost 5% in after-hours trading after it said it sees preliminary Q1 adjusted EPS of 87 cents to 92 cents, weaker than a prior estimate of $1.01 to $1.06.<\/span><br \/>\n<span style=\"font-size: medium;\"> Energous (WATT +5.25%) surged almost 20% in after-hours trading after it said it received FCC certification for its 900 MHz WattUp Near Field transmitter.<\/span><br \/>\n<span style=\"font-size: medium;\"> EMCORE Corp (EMKR unch) tumbled more than 10% in after-hours trading after it reported Q2 preliminary revenue of $18 million to $19 million, lower than previous guidance of $21 million to $23 million, citing significant demand shortfall from one major customer.<\/span><br \/>\n<span style=\"font-size: medium;\"> Pingtan Marine Enterprises Ltd (PME +9.61%) rallied over 16% in after-hours trading after it increased its current production capacity as it said 27 fishing vessels are now approved to operate in international waters of the Indian Ocean.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 6:00 NFIB Small Business Optimism Index<br \/>\n<span style=\"font-size: medium;\"> 8:30 Producer Price Index<br \/>\n<span style=\"font-size: medium;\"> 8:55 Redbook Chain Store Sales<br \/>\n<span style=\"font-size: medium;\"> 10:00 Wholesale Trade<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Results of $30B, 3-Year Note Auction<br \/>\n<span style=\"font-size: medium;\"> 6:30 PM Fed&#8217;s Bostic Speech<\/span><\/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 up. China, Hong Kong, Australia, Malaysia and Indonesia led the way. Europe, Africa and the Middle East are currently mostly up. The UK, Germany, Greece, South Africa, Norway and Israel are posting the biggest gains; Turkey and Hungary are down. Futures in the States point towards [&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\/11643"}],"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=11643"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11643\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}