{"id":11711,"date":"2018-04-30T07:50:12","date_gmt":"2018-04-30T12:50:12","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11711"},"modified":"2018-04-30T07:50:12","modified_gmt":"2018-04-30T12:50:12","slug":"before-the-open-apr-30-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11711","title":{"rendered":"Before the Open (Apr 30)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a good weekend. <\/span>
\n The Asian\/Pacific<\/strong> markets are mostly up. Hong Kong, Indonesia, Singapore and the Philippines are up more than 1%; South Korea, India, New Zealand, Taiwan and Austria are also doing well. Europe, Africa and the Middle East<\/strong> are currently quiet and mixed. Poland, Greece and South Africa are up; Turkey, Norway, Sweden and the Czech Republic are down. Futures in the States<\/strong> currently point towards a positive open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>There’s a Bull Market Somewhere<\/a>
\n—————<\/span>
\n The dollar is up. Oil is down; copper is unchanged. Gold and silver are down. Bonds are down. <\/span>
\n Stock headlines<\/strong> from barchart.com…<\/span>
\n Andeavor (ANDV -2.21%) may open to the upside this morning after Marathon Petroleum agreed to buy the company for $23.3 billion, or about $152.27 a share, a 24% premium over Friday’s close.<\/span>
\n Wells Fargo (WFC -0.15%) was upgraded to ‘Outperform’ from ‘Underperform’ at Macquarie.<\/span>
\n Spirit Airlines (SAVE +0.25%) was upgraded to ‘Overweight’ from ‘Underweight’ at JPMorgan Chase with a price target of $46.<\/span>
\n Altria (MO +2.48%) was upgraded to ‘Outperform’ from ‘Sector Perform’ at RBC Capital Markets with a price target of $65.<\/span>
\n FirstEnergy (FE +0.03%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Wells Fargo Securities with a price target of $41.<\/span>
\n Aaron’s (AAN -1.30%) was upgraded to ‘Buy’ from ‘Hold’ at Loop Capital Markets with a price target of $52.<\/span>
\n Colgate-Palmolive (CL -0.02%) was downgraded to ‘Equal-Weight’ from ‘Overweight’ at Morgan Stanley.<\/span>
\n Spotify (SPOT +2.16%) was rated a new ‘Buy’ at Goldman Sachs with a price target of $190.<\/span>
\n Twin Disc (TWIN +0.51%) may move higher this morning after Gamco Investors reported an 18.23% stake in Twin Disc after the markets closed Friday.<\/span>
\n Lockheed Martin (LMT -2.53%) was awarded a $828.7 million-dollar contract from the U.S. Army for Guided Multiple Launch Rocket Systems.<\/span>
\n Kearny Financial (KRNY -0.37%) reported Q3 net interest margin of 2.41%, higher than consensus of 2.39%.<\/span>
\n Sprint (S +8.33%) fell 6% in after-hours trading after CNBC reported T-Mobile was near a deal to acquire sprint for $24 billion, of $6.50 a share. T-Mobile (TMUS +0.66%) rose 1% on the news.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Personal Income and Outlays
\n 9:45 Chicago PMI
\n 10:00 Pending Home Sales
\n 10:30 Dallas Fed Manufacturing Survey<\/span><\/span><\/span><\/span><\/span>
\nOther<\/strong>…<\/span>
\ntoday’s upgrades\/downgrades<\/a> from briefing.com<\/span>
\nthis week’s Earnings<\/a><\/span> from Morningstar
\nthis week’s Economic Numbers\/Reports<\/a><\/span> powered by ECONODAY<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning. Happy Monday. Hope you had a good weekend. The Asian\/Pacific markets are mostly up. Hong Kong, Indonesia, Singapore and the Philippines are up more than 1%; South Korea, India, New Zealand, Taiwan and Austria are also doing well. Europe, Africa and the Middle East are currently quiet and mixed. Poland, Greece and South […]<\/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\/11711"}],"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=11711"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11711\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}