{"id":12056,"date":"2018-08-06T07:43:56","date_gmt":"2018-08-06T12:43:56","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12056"},"modified":"2018-08-06T07:43:56","modified_gmt":"2018-08-06T12:43:56","slug":"before-the-open-aug-6-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12056","title":{"rendered":"Before the Open (Aug 6)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a good weekend. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mixed. New Zealand, Australia, Indonesia and Singapore did well; Japan, China and Thailand were weak. Europe, Africa and the Middle East<\/strong> are currently mixed and little changed. Austria and Hungary are up; Denmark, Turkey, South Africa are down. Futures in the States<\/strong> point toward a flat open for the cash market. <\/span>
\n—————
\nREPORT: LB Weekly<\/a> – our weekly report, which covers the trends and the staying power of the trends. It is part of a LeavittBrothers.com<\/a> subscription or can be subscribed to by itself at LeavittBrothers.net<\/a>.
\n—————<\/span>
\nThe dollar is up. Oil is up; copper is down. Gold and silver are down. Bonds are flat. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Devon Energy (DVN -2.03%) was upgraded to ‘Buy’ from ‘Neutral’ at UBS with a price target of $53.<\/span>
\n Qualcomm (QCOM +0.97%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Cowen with a price target of $80.<\/span>
\n Comcast (CMCSA +2.22%) was upgraded to ‘Overweight’ from ‘Neutral’ at Atlantic Equities LLP with a price target of $42.<\/span>
\n Madrigal Pharmaceuticals (MDGL -0.16%) was downgraded to ‘Neutral’ from ‘Buy’ at Goldman Sachs.<\/span>
\n Intercept Pharmaceuticals (ICPT -3.54%) was upgraded to ‘Buy’ from ‘Sell’ at Goldman Sachs with a price target of $157.<\/span>
\n PG&E (PCG +1.54%) was upgraded to ‘Outperform’ from ‘Market Perform’ a Wells Fargo Securities with a price target of $60.<\/span>
\n Applied Materials (AMAT +1.52%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Cowen with a price target of $62.<\/span>
\n Omega Healthcare (OHI +0.97%) climbed more than 5% in after-hours trading after it raised the lower end of its full-year FFO range to $3.03 to $3.06 from a May 7 view of $2.96 to $3.06.<\/span>
\n China Biologic Products Holdings (CBPO -1.76%) fell 2% in after-hours trading after it forecast full-year non-GAAP adjusted net income to decrease by 19% to 21% in RMB terms over full year 2017 financial results.<\/span>
\n WPX Energy (WPX -4.30%) was upgraded to ‘Strong Buy’ from ‘Outperform’ at Raymond James with a price target of $30.<\/span>
\n Arlo Technologies (ARLO +19.46%) rose more than 2% in after-hours trading on positive carry-over from Friday’s 38% surge in the stock’s first day of trading.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 12:30 PM TD Ameritrade IMX<\/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 mixed. New Zealand, Australia, Indonesia and Singapore did well; Japan, China and Thailand were weak. Europe, Africa and the Middle East are currently mixed and little changed. Austria and Hungary are up; Denmark, Turkey, South Africa are down. Futures in the […]<\/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\/12056"}],"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=12056"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12056\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}