{"id":11963,"date":"2018-06-27T07:39:06","date_gmt":"2018-06-27T12:39:06","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11963"},"modified":"2018-06-27T07:39:06","modified_gmt":"2018-06-27T12:39:06","slug":"before-the-open-jun-27-8","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11963","title":{"rendered":"Before the Open (Jun 27)"},"content":{"rendered":"

Good morning. Happy Wednesday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly down. The Philippines did well. China, Hong Kong and India suffered stiff losses, and Malaysia, Indonesia and Singapore also did poorly. Europe, Africa and the Middle East<\/strong> are currently mostly up. The UK, France, Turkey, Germany, Russia, Norway, the Netherlands and Italy are doing well while Poland, the UAE and the Czech Republic are down. Futures in the States<\/strong> point towards a slight 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 up. Oil is up; copper is down. Gold and silver are down. Bonds are up. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Post Holdings (POST -0.11%) was downgraded to ‘Hold’ from ‘Buy’ at Vertical Group.<\/span>
\n Twilio (TWLO +5.20%) was rated a new ‘Buy’ at Rosenblatt Securities with a price target of $70.<\/span>
\n World Wrestling Entertainment (WWE +0.24%) jumped 8% in after-hours trading after it reached 5-year agreements with USA Network and Fox Sports for U.S. distribution of its Raw and SmackDown programs<\/span>
\n Aerovironment (AVAV +6.83%) slid more than 6% in after-hours trading after it forecast full-year revenue of $290 million to $310 million, below consensus of $336.8 million.<\/span>
\n Sonic (SONC +1.77%) fell 6% in after-hours trading after it reported Q3 franchise comparable sales fell -0.2%, weaker than expectations of unchanged.<\/span>
\n Allegheny Technologies (ATI +1.33%) was rated a new ‘Overweight’ at Stephens with a price target of $36.<\/span>
\n Mammoth Energy Services (TUSK +0.18%) lost 1% in after-hours trading after it announced the launch of an underwritten public offering of 4.0 million shares of its common stock by certain selling stockholders.<\/span>
\n Crestwood Equity Partners LP (CEQP +2.06%) was downgraded to ‘Neutral’ from ‘Buy’ at Goldman Sachs.<\/span>
\n Amicus Therapeutics (@symbolPercentChange((FOLD +0.85%) dropped 6% in after-hours trading after it failed to get CMA application approval for a study of Pompe disease.<\/span>
\n Star Bulk Carriers (SBLK +1.22%) fell nearly 7% in after-hours trading after holder Oaktree Capital Management is said to offer 5 million shares of its Star Bulk Carrier holdings via Morgan Stanley.<\/span>
\n EuroDry (EDRY -3.28%) was rated a new ‘Buy’ at Noble Capital with a price target of $12.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 7:00 MBA Mortgage Applications
\n 8:30 Durable Goods
\n 8:30 International trade in goods
\n 8:30 Retail Inventories (Advance)
\n 8:30 Wholesale Inventories (Advance)
\n 10:00 Pending Home Sales
\n 10:30 EIA Petroleum Inventories
\n 11:00 Randal Quarles Speech
\n 11:30 Results of $16B, 2-Year FRN Auction
\n 12:15 PM Fed’s Rosengren Speech
\n 1:00 PM Results of $36B, 5-Year Note Auction<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/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 Wednesday. The Asian\/Pacific markets closed mostly down. The Philippines did well. China, Hong Kong and India suffered stiff losses, and Malaysia, Indonesia and Singapore also did poorly. Europe, Africa and the Middle East are currently mostly up. The UK, France, Turkey, Germany, Russia, Norway, the Netherlands and Italy are doing well while […]<\/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\/11963"}],"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=11963"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11963\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}