{"id":12262,"date":"2018-09-27T07:50:51","date_gmt":"2018-09-27T12:50:51","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12262"},"modified":"2018-09-27T07:50:51","modified_gmt":"2018-09-27T12:50:51","slug":"before-the-open-sep-27-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12262","title":{"rendered":"Before the Open (Sep 27)"},"content":{"rendered":"

Good morning. Happy Thursday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mixed and with big movers in both directions. South Korea, Taiwan, Indonesia and the Philippines did well; Japan, China, Hong Kong, India and New Zealand were weak. Europe, Africa and the Middle East<\/strong> are currently mixed. Turkey, the UAE, Russia, Finland, Hungary and Sweden are up; South Africa, Spain, Italy and Austria are up. Futures in the States<\/strong> point towards a positive open for the cash market. <\/span>
\n—————
\n BLOG: <\/strong>Stochastic \u2013 Everything You Need to Know<\/a>
\n—————<\/span>
\n The dollar is up. Oil is up; copper is down. Gold and silver are down. Bonds are up. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n CarMax (KMX -1.61%) was upgraded to ‘Outperform’ from ‘Neutral’ at Baird with a price target of $90<\/span>
\n Mastercard (MA +0.06%) was rated a new ‘Outperform’ at BMO Capital Markets with a price target of $238.<\/span>
\n Visa (V -0.21%) was rated a new ‘Outperform’ at BMO Capital Markets with a price target of $187.<\/span>
\n Cigna (CI +0.46%) was rated a new ‘Overweight’ at Cantor Fitzgerald with a price target of $245.<\/span>
\n Alaska Air Group (ALK +1.47%) was upgraded to ‘Outperform’ from ‘In-line’ at Imperial Capital LLC with a price target of $95.<\/span>
\n Worldpay (WP -0.28%) was rated a new ‘Outperform’ at BMO Capital Markets with a price target of $129.<\/span>
\n MGM Growth Properties LLC (MGP -0.20%) was rated anew ‘Buy’ at Nomura Instinet with a price target of $37.<\/span>
\n PayPal (PYPL -0.21%) was rated a new ‘Outperform’ at BMO Capital Markets with a price target of $112.<\/span>
\n Comtech Telecommunications (CMTL +5.10%) dropped nearly 15% in after-hours trading after it reported Q4 net sales of $167.4 million, below consensus of $174.6 million.<\/span>
\n Bed Bath & Beyond (BBBY -0.48%) tumbled 17% in after-hours trading after it reported an unexpected -0.6% decline in Q2 comparable sales, weaker than expectations of +0.4%.<\/span>
\n Aldeyra Therapeutics (ALDX +34.85%) lost 1% in after-hours trading after it announced that it intends to offer and sell 5.25 million shares of its common stock in an underwritten public offering.<\/span>
\n Wednesday’s Key Earnings<\/strong>
\n Bed Bath & Beyond (NASDAQ:BBBY) -14.9% PM as Q2 comp sales fall short.
\n Comtech Telecommunications (NASDAQ:CMTL) -10.9% AH on Q4 revenue miss.
\n H.B. Fuller (NYSE:FUL) +1.9% PM despite Q3 earnings miss.<\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Durable Goods
\n 8:30 GDP Q2
\n 8:30 Initial Jobless Claims
\n 8:30 International trade in goods
\n 8:30 Retail Inventories (Advance)
\n 8:30 Wholesale Inventories (Advance)
\n 8:30 Corporate profits
\n 10:00 Pending Home Sales
\n 10:30 EIA Natural Gas Inventory
\n 11:00 Kansas City Fed Mfg Survey
\n 1:00 PM Results of $31B, 7-Year Note Auction
\n 3:00 PM Farm Prices
\n 4:30 PM Money Supply
\n 4:30 PM Fed Balance Sheet
\n 4:30 PM Jerome Powell Speech<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/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 Thursday. The Asian\/Pacific markets closed mixed and with big movers in both directions. South Korea, Taiwan, Indonesia and the Philippines did well; Japan, China, Hong Kong, India and New Zealand were weak. Europe, Africa and the Middle East are currently mixed. Turkey, the UAE, Russia, Finland, Hungary and Sweden are up; South […]<\/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\/12262"}],"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=12262"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12262\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}