{"id":11957,"date":"2018-06-25T07:30:45","date_gmt":"2018-06-25T12:30:45","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11957"},"modified":"2018-06-25T07:30:45","modified_gmt":"2018-06-25T12:30:45","slug":"before-the-open-jun-25-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11957","title":{"rendered":"Before the Open (Jun 25)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a good weekend.<\/span>
\n The Asia\/Pacific<\/strong> markets closed mostly down. Indonesia gained ground, but Japan, China, Hong Kong, Taiwan and the Philippines were weak. Europe, Africa and the Middle East<\/strong> are currently mostly down. Greece is up, but the UK, France, Turkey, Germany, the UAE, South Africa, Switzerland, Norway, Spain, the Netherlands, Italy and Austria are mostly down 1% or more. Futures in the States<\/strong> point towards a moderate gap down open for the cash market.<\/span>
\n—————
\n VIDEO: <\/strong>Bull Markets Are Everywhere<\/a><\/span>
\nVIDEO: <\/strong>Is Market Concentration An Issue<\/a>
\n—————<\/span>
\nThe dollar is down. Oil is up; copper is down. Gold and silver are flat. Bonds are up.<\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Kroger (KR +3.34%) was downgraded to ‘Hold’ from ‘Buy’ at Pivotal Research Group LLC on valuation.<\/span>
\n Intel (INTC +0.59%) was downgraded to ‘Neutral’ from ‘Buy’ at Nomura Instinet.<\/span>
\n O’Reilly Automotive (ORLY -0.32%) was downgraded to ‘Neutral’ from ‘Buy’ at MoffetNathanson.<\/span>
\n Veeva (VEEV -0.86%) was rated a new ‘Buy’ at SunTrust Robinson Humphrey with a price target of $100.<\/span>
\n Twilio (TWLO -3.00%) was rated a new ‘Buy’ at Piper Jaffray with a price target of $70.<\/span>
\n Estee Lauder (EL +0.70%) was downgraded to ‘Equal Weight’ from ‘Overweight’ at Morgan Stanley.<\/span>
\n First Solar (FSLR +0.65%) was upgraded to ‘Buy’ from ‘Neutral’ at Bank of America\/Merrill Lynch with a price target of $63.<\/span>
\n BorgWarner (BWA -1.85%) was upgraded to ‘Buy’ from ‘Neutral’ at Goldman Sachs with a price target of $58.<\/span>
\n Lockheed Martin (LMT -0.33%) was awarded a $1.12 billion fixed-price-incentive-firm contract from the U.S. Department of Defense for the production of 16 F-16 Block 70 aircraft.<\/span>
\n Nicaragua’s long-term foreign currency issuer default rating was downgraded to ‘B’ from ‘B+’ with a negative outlook by Fitch ratings, reflecting increasing political instability and the corresponding deterioration of Nicaragua’s investment, economic growth and public finance outlook.<\/span>
\n Achaogen (AKAO -0.24%) rose nearly 4% in after-hours trading on speculation the FDA on Monday will approve the company’s antibiotic plazomicin for urinary tract infections.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Chicago Fed National Activity Index
\n 10:00 New Home Sales
\n 10:30 Dallas Fed Manufacturing Survey<\/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 Asia\/Pacific markets closed mostly down. Indonesia gained ground, but Japan, China, Hong Kong, Taiwan and the Philippines were weak. Europe, Africa and the Middle East are currently mostly down. Greece is up, but the UK, France, Turkey, Germany, the UAE, South Africa, Switzerland, Norway, […]<\/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\/11957"}],"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=11957"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11957\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}