{"id":12383,"date":"2018-11-05T08:40:19","date_gmt":"2018-11-05T13:40:19","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12383"},"modified":"2018-11-05T08:40:19","modified_gmt":"2018-11-05T13:40:19","slug":"before-the-open-nov-5-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12383","title":{"rendered":"Before the Open (Nov 5)"},"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 are mostly down. Japan, Hong Kong, South Korea, New Zealand and Singapore are down while only the Philippines are up a decent amount. <strong>Europe, Africa and the Middle East<\/strong> currently lean to the upside. Poland, Turkey, Russia, South Africa and Hungary are up; Denmark, Greece and Saudi Arabia are down. Future in the <strong>States<\/strong> point towards a slight 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\/10\/11\/cci-everything-you-need-to-know\/\">CCI \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. Oil is up; copper is down. Gold and silver are down. 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;\"> CME Group (CME +0.06%) was resumed at Bank of America\/Merrill Lynch with a &#8216;Buy&#8217; rating and a price target of $200.<\/span><br \/>\n<span style=\"font-size: medium;\"> Starbucks (SBUX +9.70%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at Mizuho Securities USA with a price target of $75.<\/span><br \/>\n<span style=\"font-size: medium;\"> Chevron (CVX +3.20%) was upgraded to &#8216;Outperform&#8217; from &#8216;Neutral&#8217; at Credit Suisse with a price target of $138.<\/span><br \/>\n<span style=\"font-size: medium;\"> Signature Bank (SBNY -0.21%) was upgraded to &#8216;Buy&#8217; from &#8216;Neutral&#8217; at UBS with a price target of $138.<\/span><br \/>\n<span style=\"font-size: medium;\"> Big Lots (BIG -0.51%) was rated a new &#8216;Buy&#8217; at Bank of America\/Merrill Lynch with a price target of $56.<\/span><br \/>\n<span style=\"font-size: medium;\"> Ansys (ANSS +1.40%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at Benchmark Company LLC with a price target of $187.<\/span><br \/>\n<span style=\"font-size: medium;\"> Sage Therapeutics (SAGE +6.89%) rose more than 5% in after-hours trading after its drug, Zulresso (brexanolone), won approval from an FDA advisory panel for treatment of postpartum depression.<\/span><br \/>\n<span style=\"font-size: medium;\"> Consolidated Edison (ED -1.44%) was upgraded to &#8216;In-Line&#8217; from &#8216;Underperform&#8217; at Evercore ISI with a price target of $74.<\/span><br \/>\n<span style=\"font-size: medium;\"> Under Armour (UAA +1.54%) was upgraded to &#8216;Overweight&#8217; from &#8216;Neutral&#8217; at Piper Jaffray with a price target of $32.<\/span><br \/>\n<span style=\"font-size: medium;\"> Watts Water (WTS -0.32%) may move higher initially this morning when it reported after the close Friday Q3 adjusted EP of 99 cents, better than consensus of 96 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Arconic (ARNC -0.52%) lost 1% in after-hours trading after the NY Post reported Apollo Global Management has demanded that liabilities From the June 2019 Grenfell Tower fire be ring-fenced as a condition for any bid for Arconic.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 8:30 Fed&#8217;s Williams Speech<br \/>\n<span style=\"font-size: medium;\"> 9:45 PMI Services Index<br \/>\n<span style=\"font-size: medium;\"> 10:00 ISM Non-Manufacturing Index<br \/>\n<span style=\"font-size: medium;\"> 12:30 PM TD Ameritrade IMX<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Results of $37B, 3-Year Note Auction<br \/>\n<span style=\"font-size: medium;\"> 7:00 PM Fed&#8217;s Kaplan Speech<\/span><\/span><\/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 Monday. Hope you had a good weekend. The Asian\/Pacific markets are mostly down. Japan, Hong Kong, South Korea, New Zealand and Singapore are down while only the Philippines are up a decent amount. Europe, Africa and the Middle East currently lean to the upside. Poland, Turkey, Russia, South Africa and Hungary are [&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\/12383"}],"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=12383"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12383\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}