{"id":12218,"date":"2018-09-18T07:36:30","date_gmt":"2018-09-18T12:36:30","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12218"},"modified":"2018-09-18T07:36:30","modified_gmt":"2018-09-18T12:36:30","slug":"before-the-open-sep-18-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12218","title":{"rendered":"Before the Open (Sep 18)"},"content":{"rendered":"

Good morning. Happy Tuesday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed split. Japan, China, Hong Kong and Thailand did well; India, Taiwan, Malaysia and the Philippines were weak. Europe, Africa and the Middle East<\/strong> lean to the upside but are little changed. Poland, Russia, Norway and Portugal are leading; Sweden is weak. Futures in the States<\/strong> point towards a positive open for the cash market. <\/span>
\n—————
\n BLOG: <\/strong>RSI \u2013 Everything You Need to Know<\/a>
\n—————<\/span>
\n The dollar is flat. Oil and copper are up. Gold and silver are flat. Bonds are down. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Universal Health Services (UHS +0.14%) was upgraded to ‘Buy’ from ‘Neutral’ at Bank of America\/Merrill Lynch with a price target of $155.<\/span>
\n FedEx (FDX +0.11%) lost more than 2% in after-hours trading after it reported Q1 adjusted EPS of $3.46, weaker than consensus of $3.80.<\/span>
\n Walmart (WMT +0.24%) was rated a new ‘Outperform’ at BMO Capital Markets with a price target of $110.<\/span>
\n Argenx SE (ARGX -0.01%) slid more than 3% in after-hours trading after it announced that it had commenced an underwritten public offering of $300 million of American Depositary Shares (ADS).<\/span>
\n Oracle (ORCL -0.14%) fell almost 4% in after-hours trading after it reported Q1 adjusted revenue of $9.20 billion, weaker than consensus of $9.26 billion.<\/span>
\n Nexeo Solutions (NXEO -0.30%) rallied 16% in after-hours trading after Univar announced that it had acquired Nexeo for about $2 billion or $11.65 per share.<\/span>
\n Occidental Petroleum (OXY +0.03%) was upgraded to ‘Buy’ from ‘Hold’ at Edward Jones.<\/span>
\n Array BioPharma (ARRY -0.87%) was rated a new ‘Buy’ at Guggenheim Securities with a price target of $32.<\/span>
\n Radcom (RDCM -28.99%) dropped 3% on top of Monday’s 29% plunge as its second-biggest customer, Globe Telecom, which represented 34% of Radcom’s revenue in Q2, has sufficient exposure in the Philippines which suffered extensive damage from Typhoon Mangkhut.<\/span>
\n NIO Inc (NIO -14.14%) fell 3% in after-hours trading on top of Monday’s 14% decline following last week’s surge in the stock price after its initial public offering last Wednesday.<\/span>
\n Avon Products (AVP +2.97%) surged nearly 20% in after-hours trading after the WSJ reported that Brazil’s Natura Cosmeticos approached Avon about a takeover.<\/span>
\n Monday’s Key Earnings<\/strong>
\n FedEx (NYSE:FDX) -2.8% AH following a sharp earnings miss.
\n Oracle (NYSE:ORCL) -4.6% AH on soft Q2 revenue guidance.<\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:55 Redbook Chain Store Sales
\n 10:00 NAHB Housing Market Index
\n 4:00 PM Treasury International Capital<\/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 Tuesday. The Asian\/Pacific markets closed split. Japan, China, Hong Kong and Thailand did well; India, Taiwan, Malaysia and the Philippines were weak. Europe, Africa and the Middle East lean to the upside but are little changed. Poland, Russia, Norway and Portugal are leading; Sweden is weak. Futures in the States point towards […]<\/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\/12218"}],"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=12218"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12218\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}