{"id":12228,"date":"2018-09-19T07:39:22","date_gmt":"2018-09-19T12:39:22","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12228"},"modified":"2018-09-19T07:39:22","modified_gmt":"2018-09-19T12:39:22","slug":"before-the-open-sep-19-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12228","title":{"rendered":"Before the Open (Sep 19)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Wednesday. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed with solid gains. Japan, China, Hong Kong, Taiwan, Indonesia and Singapore all did very well; India and the Philippines were weak. <strong>Europe, Africa and the Middle East<\/strong> are currently little changed. Turkey, Greece and Saudi Arabia are up; South Africa is down. Futures in the <strong>States<\/strong> points to 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\/09\/18\/macd-everything-you-need-to-know\/\">MACD \u2013 Everything You Need to Know<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is down slightly. Oil is flat; copper is down. Gold and silver are up. Bonds are up.<\/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;\"> LyondellBasell Industries NV (LYB -1.31%) was downgraded to &#8216;Underweight&#8217; from &#8216;Neutral&#8217; at JP Morgan Chase with a price target of $95.<\/span><br \/>\n<span style=\"font-size: medium;\"> Juniper (JNPR +2.11%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at Nomura Instinet with a price target of $34.<\/span><br \/>\n<span style=\"font-size: medium;\"> Tilray (TLRY +28.95%) climbed almost 5% in after-hours trading after the company received approval from the DEA to import cannabis into the U.S. for medical research.<\/span><br \/>\n<span style=\"font-size: medium;\"> Kaman (KAMN +1.17%) was rated a new &#8216;Overweight&#8217; at Alembic Global Advisors with a price target of $80.<\/span><br \/>\n<span style=\"font-size: medium;\"> Evo Payments (EVOP -1.61%) fell almost 4% in after-hours trading after it announced a proposed underwritten offering of 6.0 million shares of its Class A common stock.<\/span><br \/>\n<span style=\"font-size: medium;\"> The oilfield services sector was raised to &#8216;Attractive&#8217; from &#8216;In-Line&#8217; at Morgan Stanley with &#8216;Overweight&#8217; ratings on Baker Hughes a GE Co (BHGE +2.02%) , Halliburton (HAL +1.16%) , Cactus (WHD +3.58%) and Transocean Ltd (RIG +2.93%) .<\/span><br \/>\n<span style=\"font-size: medium;\"> ProQR Therapeutics NV (PRQR -6.48%) was rated a new &#8216;Outperform&#8217; at Evercore ISI with a price target of $35.<\/span><br \/>\n<span style=\"font-size: medium;\"> Surface Oncology (SURF +2.54%) rose nearly 3% in after-hours trading after it was rated a new &#8216;Outperform&#8217; at Baird with a price target of $23.<\/span><br \/>\n<span style=\"font-size: medium;\"> Internap (INAP -2.67%) was rated a &#8216;Buy&#8217; at Suntrust Robinson Humphrey with a price target of $22.<\/span><br \/>\n<span style=\"font-size: medium;\"> Diamond Offshore Drilling (DO +3.12%) was rated a new &#8216;Underweight&#8217; at Morgan Stanley with a price target of $15.<\/span><br \/>\n<span style=\"font-size: medium;\"> Resolute Forest Products (RFP +0.34%) was downgraded to &#8216;Neutral&#8217; from &#8216;Outperform&#8217; at CIBC Capital Markets.<\/span><br \/>\n<span style=\"font-size: medium;\"> Trivago NV (TRVG +5.54%) rallied more than 5% in after-hours trading after PAR Investment Partners reported a 34.5% stake in the company.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Monday&#8217;s Key Earnings<\/strong><br \/>\n<span style=\"font-size: medium;\"> FedEx (NYSE:FDX) -2.8% AH following a sharp earnings miss.<br \/>\n<span style=\"font-size: medium;\"> Oracle (NYSE:ORCL) -4.6% AH on soft Q2 revenue guidance.<\/span><\/span><\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 7:00 MBA Mortgage Applications<br \/>\n<span style=\"font-size: medium;\"> 7:00 Housing Starts<br \/>\n<span style=\"font-size: medium;\"> 7:00 Current Account<br \/>\n<span style=\"font-size: medium;\"> 10:30 EIA Petroleum Inventories<\/span><\/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 Wednesday. The Asian\/Pacific markets closed with solid gains. Japan, China, Hong Kong, Taiwan, Indonesia and Singapore all did very well; India and the Philippines were weak. Europe, Africa and the Middle East are currently little changed. Turkey, Greece and Saudi Arabia are up; South Africa is down. Futures in the States points [&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\/12228"}],"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=12228"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12228\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}