{"id":12190,"date":"2018-09-10T07:48:53","date_gmt":"2018-09-10T12:48:53","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12190"},"modified":"2018-09-10T07:48:53","modified_gmt":"2018-09-10T12:48:53","slug":"before-the-open-sep-10-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12190","title":{"rendered":"Before the Open (Sep 10)"},"content":{"rendered":"

Good morning. Happy Monday. Happy New Years to our Jewish readers. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly down. China, Hong Kong, India and Taiwan posted sizable losses. Europe, Africa and the Middle East<\/strong> currently lean to the upside. Greece, Italy and Spain are posting big gains; France, Switzerland and Finland are also doing well. Turkey and Kenya are down. Futures in the States<\/strong> point towards a moderate gap up open for the cash market. <\/span>
\n—————
\n Podcast with <\/strong>@ChicagoSean<\/a>
\n—————<\/span>
\n The dollar is flat. Oil is up; copper is down. Gold and silver are mixed and little changed. Bonds are up. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Foot Locker (FL -2.87%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Wells Fargo Securities with a price target of $58.<\/span>
\n American Electric Power (AEP -0.89%) was upgraded to ‘Buy’ from ‘Neutral’ at Guggenheim Securities with a price target of $77.<\/span>
\n Darden Restaurants (DRI +0.29%) was downgraded to ‘Neutral’ from ‘Outperform’ at Baird .<\/span>
\n Torchmark (TMK -0.25%) was downgraded to ‘Sell’ from ‘Neutral’ at Goldman Sachs.<\/span>
\n Neurocrine Biosciences (NBIX -3.60%) was rated ‘Overweight’ at Morgan Stanley with a price target of $145.<\/span>
\n Exelixis (EXEL -0.38%) was rated a new ‘Underweight’ at Morgan Stanley with a price target of $19.<\/span>
\n Tesla (TSLA -6.30%) climbed 3% in pre-market trading after Baird named the stock a fresh pick with an ‘Outperform’ rating and a price target of $411.<\/span>
\n Aridis Pharmaceuticals (ARDS -8.87%) was rated anew ‘Overweight’ at Cantor Fitzgerald with a price target of $25.<\/span>
\n Weight Watchers International (WTW +1.04%) rose 4% in after-hours trading when it was announced that it would replace KLX Inc in the S&P MidCap 400.<\/span>
\n Eastgroup Properties (EGP -0.65%) may move higher initially this morning when the company boosted its quarterly dividend after the close Friday to 72 cents a share from 64 cents, higher than expectations of a boost to 67 cents.<\/span>
\n Teva Pharmaceuticals (TEVA -1.15%) may move higher initially this morning when the FDA after the close of trading on Friday approved Teva’a Cassipa for the maintenance treatment of opioid dependence.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 11:30 Fed’s Bostic: Economic Outlook
\n 12:30 PM TD Ameritrade IMX
\n 3:00 PM Consumer Credit<\/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. Happy New Years to our Jewish readers. The Asian\/Pacific markets closed mostly down. China, Hong Kong, India and Taiwan posted sizable losses. Europe, Africa and the Middle East currently lean to the upside. Greece, Italy and Spain are posting big gains; France, Switzerland and Finland are also doing well. Turkey and […]<\/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\/12190"}],"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=12190"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12190\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}