{"id":12493,"date":"2018-12-12T08:40:12","date_gmt":"2018-12-12T13:40:12","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12493"},"modified":"2018-12-12T08:40:12","modified_gmt":"2018-12-12T13:40:12","slug":"before-the-open-dec-12-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12493","title":{"rendered":"Before the Open (Dec 12)"},"content":{"rendered":"

Good morning. Happy Wednesday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up with big gains. Japan, Hong Kong, South Korea, India, Taiwan, Australia and Singapore all posted big gains. Europe, Africa and the Middle East<\/strong> are currently mostly up big. The UK, Poland, France, Germany, Greece, the UAE, South Africa, Finland, Sweden, Norway, Spain, the Netherlands, Italy, Belgium, Austria and Switzerland are each up more than 1%. Futures in the States<\/strong> point towards a big gap up open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>How the AD Line Progresses at Market Bottoms<\/a>
\n—————<\/span>
\n The dollar is down. Oil and copper are up. Gold and silver are up. Bonds are down. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Lululemon Athletica (LULU +1.60%) was upgraded to ‘Buy’ from ‘Neutral’ at Citigroup with a price target of $152<\/span>
\n Six Flags Entertainment (SIX -2.33%) was rated a new ‘Buy’ at Berenberg with a price target of $70.<\/span>
\n Jazz Pharmaceuticals Plc (JAZZ +0.52%) was rated a new ‘Outperform’ at Oppenheimer with a price target of $180.<\/span>
\n Dave & Buster’s Entertainment (PLAY -2.78%) tumbled 15% in after-hours trading after it reported Q3 comparable sales fell -1.3%, weaker than expectations of -0.7%.<\/span>
\n First Solar (FSLR -1.76%) gained nearly 2% in after-hours trading after it forecast 2019 net sales of $3.25 billion to $3.45 billion, well above consensus of $2.95 billion.<\/span>
\n Pivotal Software (PVTL -1.28%) jumped 6% in after-hours trading after it raised its full-year revenue forecast to $657 million to $659 million from a prior forecast of $647 million to $653 million.<\/span>
\n Gladstone Land Corp (LAND -1.26%) fell almost 5% in after-hours trading after it announced that it intends to sell $13 million of its common stock in an underwritten public offering.<\/span>
\n American Eagle Outfitters (AEO -2.51%) lost 3% in after-hours trading after it reported Q3 comparable sales rose +8%, weaker than consensus of +8.4%, and then forecast Q4 adjusted EPS of 40 cents to 42 cents, below consensus of 45 cents.<\/span>
\n Hain Celestial Group (HAIN -1.98%) rallied 6% in after-hours trading after its board approved of a strategy committee to evaluate strategic alternatives for the company.<\/span>
\n Arrowhead Pharmaceuticals (ARWR -0.29%) slid 4% in after-hours trading after it reported a fiscal 2018 loss per share of -65 cents, wider than consensus of -40 cents.<\/span>
\n Fluidigm (FLDM -1.17%) dropped 11% in after-hours trading after it announced that it intends to sell $40 million of its common stock in an underwritten public offering.<\/span>
\n Marinus Pharmaceuticals (MRNS -2.67%) slumped 9% in after-hours trading after it announced that it intends to sell 12 million shares of its common stock in an underwritten public offering.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 7:00 MBA Mortgage Applications
\n 8:30 Consumer Price Index
\n 10:00 Atlanta Fed’s Business Inflation Expectations
\n 10:30 EIA Petroleum Inventories
\n 1:00 PM Results of $24B, 10-Year Note Auction
\n 2:00 PM Treasury Budget<\/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 Wednesday. The Asian\/Pacific markets closed mostly up with big gains. Japan, Hong Kong, South Korea, India, Taiwan, Australia and Singapore all posted big gains. Europe, Africa and the Middle East are currently mostly up big. The UK, Poland, France, Germany, Greece, the UAE, South Africa, Finland, Sweden, Norway, Spain, the Netherlands, Italy, […]<\/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\/12493"}],"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=12493"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12493\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}