{"id":11867,"date":"2018-06-04T08:00:48","date_gmt":"2018-06-04T13:00:48","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11867"},"modified":"2018-06-04T08:00:48","modified_gmt":"2018-06-04T13:00:48","slug":"before-the-open-jun-4-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11867","title":{"rendered":"Before the Open (Jun 4)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a good weekend. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up. Japan, Hong Kong, Taiwan and Singapore did the best; China, South Korea, Australia and Indonesia also did well. India and the Philippines were weak. Europe, Africa and the Middle East<\/strong> are currently mostly up. Poland, South Africa, Spain, Belgium, the Netherlands, Russia, Portugal and Hungary are leading; the UK, Turkey, Denmark and Finland are doing well too. Futures in the States<\/strong> point towards a moderate gap up open for the cash market. <\/span>
\n—————
\n WEBINAR: Three Steps to Get Your Trading On Track – <\/strong>Tuesday, June 5 @ 12:00 est<\/a>
\n—————<\/span>
\n The dollar is down. Oil is down; copper is up. Gold and silver are up. Bonds are down. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Prudential Financial (PRU +2.07%) was upgraded to ‘Buy’ from ‘Neutral’ at Goldman Sachs with a price target of $117.<\/span>
\n Whirlpool (WHR +0.39%) was upgraded to ‘Outperform’ from ‘Neutral’ at Credit Suisse with a price target of $195.<\/span>
\n MetLife (MET +1.46%) was downgraded to ‘Neutral’ from ‘Buy’ at Goldman Sachs.<\/span>
\n AXA Equitable Holdings (EQH +0.84%) was rated a new ‘Buy’ at Goldman Sachs with a price target of $34.<\/span>
\n Five Below (FIVE +0.96%) was rated a new ‘Overweight’ at JPMorgan Chase with a price target of $87.<\/span>
\n Windham Hotels & Resorts (WH +3.19%) was rated a new ‘Buy’ at Goldman Sachs with a price target of $82.<\/span>
\n Palo Alto Networks (PANW +0.53%) may open to the upside this morning when it reported after the close of trading Friday that its preliminary Q3 revenue was $567.1 million, better than consensus of $545.8 million.<\/span>
\n Northrop Grumman (NOC +0.84%) was awarded a $866 million contract from the U.S. Air Force for sustainment services and modification projects for the Ballistic Missile Early Warning systems, the PAVE Phased Array Warning system radars and the Parameter Acquisition Radar Attack Characterization system.<\/span>
\n Henry Schein (HSIC +0.48%) may move lower this morning after holders approved a proposal that will double the number of authorized shares of common stock to 480 million from 240 million.<\/span>
\n General Motors (GM +1.17%) gained almost 1% in after-hours trading after people familiar with the matter said the company’s May auto sales rose +12%.<\/span>
\n comScore (SCOR -3.80%) rose nearly 3% in after-hours trading after it relisted on the Nasdaq Global Select Market as of Friday.<\/span>
\n elf Beauty (ELF -2.49%) was rated a new ‘Outperform’ at Oppenheimer with a price target of $23.<\/span>
\n Viking Therapeutics (VKTX -2.40%) fell almost 5% in after-hours trading after it received a negative mention at ‘Seeking Alpha.’<\/span>
\n Today’s Economic Calendar<\/strong>
\n 10:00 Factory Orders
\n 12:30 PM TD Ameritrade IMX<\/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 closed mostly up. Japan, Hong Kong, Taiwan and Singapore did the best; China, South Korea, Australia and Indonesia also did well. India and the Philippines were weak. Europe, Africa and the Middle East are currently mostly up. Poland, South Africa, Spain, Belgium, […]<\/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\/11867"}],"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=11867"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11867\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}