{"id":12142,"date":"2018-08-27T07:41:33","date_gmt":"2018-08-27T12:41:33","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12142"},"modified":"2018-08-27T07:41:33","modified_gmt":"2018-08-27T12:41:33","slug":"before-the-open-aug-27-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12142","title":{"rendered":"Before the Open (Aug 27)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a good weekend. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up. Japan, China, Hong Kong, India and Indonesia rallied more than 1%; South Korea, New Zealand, Taiwan and Thailand also did well. Europe, Africa and the Middle East<\/strong> are currently doing very well. Poland, Russia, South Africa and Hungary are up more than 1%; Denmark, France, Turkey, Germany, Finland, Israel, Sweden and the Czech Republic are also doing well. Futures in the States<\/strong> point towards a moderate gap up open for the cash market. <\/span>
\n—————
\nBlog: <\/strong>How Seinfeld Can Help You Trade Better<\/a>
\n—————<\/span>
\n The dollar is down. Oil and and copper are up small amounts. Gold and silver are down small amounts. Bonds are down.<\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Sonos (SONO -2.98%) was rated a new ‘Outperform’ at RBC Capital Markets with a price target of $25.<\/span>
\n Pfizer (PFE +0.47%) was downgraded to ‘Sell’ from ‘Buy’ at Jyske Bank with a price target of $39.<\/span>
\n Cushman & Wakefield (CWK +0.57%) was rated a new ‘Buy’ at Goldman Sachs with a price target of $20.<\/span>
\n Hibbett Sports (HIBB -30.20%) was downgraded to ‘Hold’ from ‘Buy’ at Canaccord Genuity with a price target of $21.<\/span>
\n Chipotle Mexican Grill (CMG +0.52%) was downgraded to ‘Underperform’ from ‘Neutral’ at Wedbush with a price target of $445.<\/span>
\n American Eagle Outfitters (AEO -1.11%) was downgraded to ‘Neutral’ from ‘Outperform’ with a price target of $29.<\/span>
\n CIT Group (CIT -0.05%) was downgraded to ‘Equal-Weight’ from ‘Overweight’ at Stephens with a price target of $60.<\/span>
\n Tesla (TSLA +0.85%) fell 3% in pre-market trading after CEO Musk said he believes the “better path is for Tesla to remain public.”<\/span>
\n Rigel Pharmaceuticals (RIGL +0.36%) was rated a new ‘Buy’ at Citibank with a price target of $8.50.<\/span>
\n PG&E (PCG -2.62%) gained nearly 1% in after-hours trading after California lawmakers proposed measures to help PG&E and other utilities to deal with liabilities from wildfires including allowing utilities to finance fire costs with bonds.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Chicago Fed National Activity Index
\n 10:30 Dallas Fed Manufacturing Survey
\n 1:00 PM Results of $26B, 2-Year Note Auction<\/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 Asian\/Pacific markets closed mostly up. Japan, China, Hong Kong, India and Indonesia rallied more than 1%; South Korea, New Zealand, Taiwan and Thailand also did well. Europe, Africa and the Middle East are currently doing very well. Poland, Russia, South Africa and Hungary are […]<\/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\/12142"}],"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=12142"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12142\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}