{"id":11893,"date":"2018-06-11T07:39:39","date_gmt":"2018-06-11T12:39:39","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11893"},"modified":"2018-06-11T07:39:39","modified_gmt":"2018-06-11T12:39:39","slug":"before-the-open-jun-11-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11893","title":{"rendered":"Before the Open (Jun 11)"},"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 closed mixed and little changed. Japan and South Korea posted gains; China and Indonesia posted losses. <strong>Europe, Africa and the Middle East<\/strong> currently lean to the upside. The UK, the UAE, Switzerland, Norway, Spain, Italy and Austria are up; Poland, Greece and Saudi Arabia are down. Futures in the <strong>States<\/strong> point towards a slight 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\/5Joso57hkT4\">The Decennial Pattern &#8211; With a Focus on Years Ending in 7, 8 and 9<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is up slightly. Oil and copper are down. Gold and silver are mixed and nearly flat. Bonds are down. <\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Overnight Stock Movers<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Envision Healthcare (EVHC +1.56%) may open to the upside this morning after it was acquired by KKR for about $9.9 billion.<\/span><br \/>\n<span style=\"font-size: medium;\"> Applied Optoelectronics (AAOI +0.84%) may open lower this morning after it was rated a &#8216;Sell&#8217; at Rosenblatt Securities with a price target of $30.<\/span><br \/>\n<span style=\"font-size: medium;\"> Incyte (INCY +1.43%) was upgraded to &#8216;Outperform&#8217; from &#8216;In-line&#8217; at Evercore ISI with a price target of $96.<\/span><br \/>\n<span style=\"font-size: medium;\"> First Data (FDC +0.30%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at Goldman Sachs with a price target of $25.<\/span><br \/>\n<span style=\"font-size: medium;\"> Match Group (MTCH +1.59%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at Jeffries.<\/span><br \/>\n<span style=\"font-size: medium;\"> DTE Energy (DTE -0.07%) was downgraded to &#8216;Market Perform&#8217; from &#8216;Outperform&#8217; at Wells Fargo Securities,<\/span><br \/>\n<span style=\"font-size: medium;\"> Park Hotels (PK -0.35%) was downgraded to &#8216;Sell&#8217; from &#8216;Neutral&#8217; at Goldman Sachs.<\/span><br \/>\n<span style=\"font-size: medium;\"> Broadridge Financial Solutions (BR +0.53%) will replace Range Resources (RRC -1.17%) in the S&amp;P 500 Index prior to the open of trading on Monday, June 18.<\/span><br \/>\n<span style=\"font-size: medium;\"> HollyFrontier (HFC +0.57%) will replace Acuity Brands (AYI +0.28%) in the S&amp;P 500 Index prior to the open of trading on Monday, June 18.<\/span><br \/>\n<span style=\"font-size: medium;\"> United Continental Holdings (UAL +0.65%) reported May traffic rose +6.7% and capacity increased +4.2% in May with consolidated load factor up +2.0 points.<\/span><br \/>\n<span style=\"font-size: medium;\"> VeriFone (PAY -0.18%) fell -0.2% in after-hours trading after it reported Q1 adjusted EPS of 25 cents, below consensus of 28 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Shake Shack (SHAK +1.83%) fell 1% in after-hours trading after it filed a mixed securities shelf, which includes up to 12.3 million shares of Class A common stock that may be sold from time to time.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 11:30 Results of $32B, 3-Year Note Auction<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Results of $22B, 10-Year Note Auction<\/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 Monday. Hope you had a good weekend. The Asian\/Pacific markets closed mixed and little changed. Japan and South Korea posted gains; China and Indonesia posted losses. Europe, Africa and the Middle East currently lean to the upside. The UK, the UAE, Switzerland, Norway, Spain, Italy and Austria are up; Poland, Greece and [&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\/11893"}],"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=11893"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11893\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}