{"id":12270,"date":"2018-10-01T07:49:04","date_gmt":"2018-10-01T12:49:04","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12270"},"modified":"2018-10-01T07:49:04","modified_gmt":"2018-10-01T12:49:04","slug":"before-the-open-oct-1-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12270","title":{"rendered":"Before the Open (Oct 1)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Monday. Hope you had a good weekend. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed mixed. China and India did well; Australia, Indonesia and the Philippines were weak. <strong>Europe, Africa and the Middle East<\/strong> lean to the upside. Denmark, Germany, the UAE, Greece, Spain, the Netherlands and Austria are leading while Kenya, Hungary and Israel lag. Futures in the <strong>States<\/strong> point towards a relatively big gap up 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<\/span><br \/>\n<span style=\"font-size: medium;\"><br \/>\n<strong> BLOG: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"http:\/\/leavittbrothers.com\/blog\/index.php\/2018\/09\/13\/rsi-everything-you-need-to-know\/\">RSI \u2013 Everything You Need to Know<\/a><br \/>\n<\/span><br \/>\n<span style=\"font-size: medium;\"><br \/>\n<strong> BLOG: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"http:\/\/leavittbrothers.com\/blog\/index.php\/2018\/09\/26\/stochastic-everything-you-need-to-know\/\">Stochastic \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 up a small amount. Oil is up; 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;\"> Tesla (TSLA -13.90%) jumped 16% in pre-market trading after the company settled a lawsuit brought by the SEC where Tesla will pay a $20 million penalty and CEO Musk will be removed as CEO for at least three years after Musk tweeted that he had &#8220;funding secured&#8221; to take Tesla private at $420 a share.<\/span><br \/>\n<span style=\"font-size: medium;\"> M&amp;T Bank (MTB -0.64%) was upgraded to &#8216;Outperform&#8217; from \u2018In-line&#8217; at Evercore ISI with a price target of $185.<\/span><br \/>\n<span style=\"font-size: medium;\"> United Parcel Service (UPS +0.02%) was upgraded to &#8216;Outperform&#8217; from &#8216;Market Perform&#8217; at BMO Capital Markets with a price target of $128.<\/span><br \/>\n<span style=\"font-size: medium;\"> Entegris (ENTG +0.87%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at Deutsche Bank with a price target of $38.<\/span><br \/>\n<span style=\"font-size: medium;\"> Biogen (BIIB -0.64%) was rated a new &#8216;Overweight&#8217; at Cantor Fitzgerald with a price target of $400.<\/span><br \/>\n<span style=\"font-size: medium;\"> Chevron (CVX -0.16%) was reinstated with an &#8216;Outperform&#8217; at Wolfe Research with a price target of $146.<\/span><br \/>\n<span style=\"font-size: medium;\"> Vertex Pharmaceuticals (VRTX +1.58%) was rated a new &#8216;Overweight&#8217; at Cantor Fitzgerald with a price target of $217.<\/span><br \/>\n<span style=\"font-size: medium;\"> Intel (INTC +3.07%) was downgraded to &#8216;Underweight&#8217; from &#8216;Equal-Weight&#8217; at Barclays with a price target of $38.<\/span><br \/>\n<span style=\"font-size: medium;\"> Chipotle Mexican Grill (CMG -2.34%) was downgraded to &#8216;Underperform&#8217; from &#8216;Market Perform&#8217; at Oppenheimer with a price target of $400.<\/span><br \/>\n<span style=\"font-size: medium;\"> Delph Technologies (DLPH -1.94%) was downgraded to &#8216;Underperform&#8217; from &#8216;Neutral&#8217; at Bank of America\/Merrill Lynch.<\/span><br \/>\n<span style=\"font-size: medium;\"> Gilead Sciences (GILD +0.82%) was rated a new &#8216;Overweight&#8217; at Cantor Fitzgerald with a price target of $87.<\/span><br \/>\n<span style=\"font-size: medium;\"> Tesaro (TSRO +1.56%) was rated a new &#8216;Overweight&#8217; at Cantor Fitzgerald with a price target of $57.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 8:30 Chicago Fed National Activity Index<\/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 Monday. Hope you had a good weekend. The Asian\/Pacific markets closed mixed. China and India did well; Australia, Indonesia and the Philippines were weak. Europe, Africa and the Middle East lean to the upside. Denmark, Germany, the UAE, Greece, Spain, the Netherlands and Austria are leading while Kenya, Hungary and Israel lag. [&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\/12270"}],"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=12270"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12270\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}