{"id":11925,"date":"2018-06-19T07:57:29","date_gmt":"2018-06-19T12:57:29","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11925"},"modified":"2018-06-19T07:57:29","modified_gmt":"2018-06-19T12:57:29","slug":"before-the-open-jun-19-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11925","title":{"rendered":"Before the Open (Jun 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 with stiff, across-the-board losses. Japan, China, Hong Kong, South Korea, New Zealand, Taiwan, Malaysia, Indonesia, Thailand and the Philippines all got hit hard. <strong>Europe, Africa and the Middle East<\/strong> are currently mostly down. Turkey is doing well, but Poland, France, Germany, South Africa, Switzerland, Hungary and Russia are very weak. Futures in the <strong>States<\/strong> point towards a huge gap 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\/E0HXsOLIbw0\">Why You Need to Look at Multiple Time Frames<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\">The dollar is up. Oil and copper are down. Gold and silver are down. Bonds are up. <\/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;\"> Red Hat (RHT +0.73%) was downgraded to &#8216;Market Perform&#8217; from &#8216;Outperform&#8217; at Raymond James.<\/span><br \/>\n<span style=\"font-size: medium;\"> Dr Pepper Snapple (DPS +0.25%) was downgraded to &#8216;Hold&#8217; from &#8216;Buy&#8217; at Stifel.<\/span><br \/>\n<span style=\"font-size: medium;\"> Commercial Metals (CMC +2.42%) was downgraded to &#8216;Underperform&#8217; from &#8216;Neutral&#8217; at Bank of America Merrill Lynch with a price target of $23.<\/span><br \/>\n<span style=\"font-size: medium;\"> Masco (MAS -1.20%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at Citigroup with a price target of $44.<\/span><br \/>\n<span style=\"font-size: medium;\"> Verizon Communications (VZ -1.25%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at Deutsche Bank.<\/span><br \/>\n<span style=\"font-size: medium;\"> Colgate-Palmolive (CL -2.19%) gained 1% in after-hours trading after it reported a $5 billion share repurchase program.<\/span><br \/>\n<span style=\"font-size: medium;\"> The Times reported the UK Royal Air Force is in favor of buying 4 to six surveillance planes from Boeing (BA -0.88%) at 2 billion to 3 billion pounds.<\/span><br \/>\n<span style=\"font-size: medium;\"> Pagseguro Digital Ltd (PAGS -3.75%) dropped 7% in after-hours trading after it filed to sell 33 million shares of its common stock.<\/span><br \/>\n<span style=\"font-size: medium;\"> Mattel (MAT +0.57%) was downgraded to &#8216;Neutral&#8217; from &#8216;Buy&#8217; at UBS.<\/span><br \/>\n<span style=\"font-size: medium;\"> Tellurian (TELL -1.72%) fell almost 7% in after-hours trading after it announced that it intends to offer 12 million shares of its common stock in an underwritten public offering.<\/span><br \/>\n<span style=\"font-size: medium;\"> Viveve Medical (VIVE -0.52%) jumped 15% in after-hours trading after it reported positive six-month data from its monopolar radiofrequency technology platform for the treatment of mild-to-moderate stress urinary incontinence in women.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 7:00 Fed&#8217;s Bullard Speech<br \/>\n<span style=\"font-size: medium;\"> 8:30 Housing Starts<br \/>\n<span style=\"font-size: medium;\"> 8:55 Redbook Chain Store Sales<\/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 with stiff, across-the-board losses. Japan, China, Hong Kong, South Korea, New Zealand, Taiwan, Malaysia, Indonesia, Thailand and the Philippines all got hit hard. Europe, Africa and the Middle East are currently mostly down. Turkey is doing well, but Poland, France, Germany, South Africa, Switzerland, Hungary and Russia [&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\/11925"}],"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=11925"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11925\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}