{"id":12176,"date":"2018-09-04T07:58:10","date_gmt":"2018-09-04T12:58:10","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12176"},"modified":"2018-09-04T07:58:10","modified_gmt":"2018-09-04T12:58:10","slug":"before-the-open-sep-4-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12176","title":{"rendered":"Before the Open (Sep 4)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Tuesday. Hope you had a good, long weekend. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets leaned to the upside. China, Hong Kong, South Korea and the Philippines did well; India and Indonesia were weak. <strong>Europe, Africa and the Middle East<\/strong> are currently mostly down. Denmark, Poland, France, Germany, Greece, Finland, Switzerland and Kenya are down more than 1%. Futures in the <strong>States<\/strong> point towards a down open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong>Blog: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"http:\/\/leavittbrothers.com\/blog\/index.php\/2018\/08\/27\/warren-buffetts-2-list-strategy-for-focused-attention\/\">Advice from Warren Buffett<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is up. Oil is up $1.50; copper is down. Gold and silver are down. Bonds are down. <\/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;\"> Cognizant Technology Solutions (CTSH +1.34%) was downgraded to &#8216;Underperform&#8217; from &#8216;Buy&#8217; as Bank of America\/Merrill Lynch who lowered their price target on the stock to $81 from $91.<\/span><br \/>\n<span style=\"font-size: medium;\"> Signet Jewelers Ltd (SIG -5.14%) was downgraded to &#8216;Sell&#8217; from &#8216;Neutral&#8217; at Citigroup with a price target of $52.<\/span><br \/>\n<span style=\"font-size: medium;\"> Zumiez (ZUMZ +4.36%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at Pivotal Research Group LLC with a price target of $36.<\/span><br \/>\n<span style=\"font-size: medium;\"> FifthThird Bancorp (FITB +0.51%) was upgraded to &#8216;Outperform&#8217; from &#8216;Neutral&#8217; at Wedbush with a price target of $34.<\/span><br \/>\n<span style=\"font-size: medium;\"> Albemarle (ALB +0.49%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at SunTrust Robinson Humphrey with a price target of $115.<\/span><br \/>\n<span style=\"font-size: medium;\"> Crispr Therapeutics Files (CRSP +6.00%) fell -1% in after-hours trading on Friday after news that it will offer up to $125 million in new shares.<\/span><br \/>\n<span style=\"font-size: medium;\"> Burlington Stores (BURL +1.93%) was rated at Neutral at Goldman with a price target of $179.<\/span><br \/>\n<span style=\"font-size: medium;\"> Ross Stores (ROST +0.92%) was rated Neutral at Goldman with a price target of $104.<\/span><br \/>\n<span style=\"font-size: medium;\"> Macy&#8217;s (M +1.61%) was rated as a Sell at Goldman with a price target of $33<\/span><br \/>\n<span style=\"font-size: medium;\"> Kohl&#8217;s (KSS +1.06%) was trading as a Buy at Goldman with a price target of $91.<\/span><br \/>\n<span style=\"font-size: medium;\"> Nordstrom (JWN +0.96%) was rated as a Buy at Goldman with a price target of $73.<\/span><br \/>\n<span style=\"font-size: medium;\"> Dollar Tree (DLTR +0.92%) was downgraded to neutral at JPMorgan with price target of $90.<\/span><br \/>\n<span style=\"font-size: medium;\"> Catalyst Pharmaceuticals (CPRX +11.96%) rallied 4% in after-hours trading.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 9:45 PMI Manufacturing Index<br \/>\n<span style=\"font-size: medium;\"> 10:00 ISM Manufacturing Index<br \/>\n<span style=\"font-size: medium;\"> 10:00 Construction Spending<\/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. Hope you had a good, long weekend. The Asian\/Pacific markets leaned to the upside. China, Hong Kong, South Korea and the Philippines did well; India and Indonesia were weak. Europe, Africa and the Middle East are currently mostly down. Denmark, Poland, France, Germany, Greece, Finland, Switzerland and Kenya are down more [&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\/12176"}],"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=12176"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12176\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}