{"id":12496,"date":"2018-12-13T08:40:39","date_gmt":"2018-12-13T13:40:39","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12496"},"modified":"2018-12-13T08:40:39","modified_gmt":"2018-12-13T13:40:39","slug":"before-the-open-dec-13-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12496","title":{"rendered":"Before the Open (Dec 13)"},"content":{"rendered":"

Good morning. Happy Thursday. <\/span>
\n The Asian\/Pacific<\/strong> markets closed mostly up. Japan, China, Hong Kong, South Korea, India, New Zealand, Malaysia, Indonesia and the Philippines did well; Thailand was weak. Europe, Africa and the Middle East<\/strong> currently lean to the upside. Poland, Turkey, the UAE, South Africa, Spain and Italy are up; Finland and Norway are down. Futures in the States<\/strong> point towards a positive 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 is down; copper is up. Gold and silver are down. Bonds are down. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Five Below (FIVE +1.94%) was upgraded to ‘Buy’ from ‘Neutral’ at Goldman Sachs with a price target of $122.<\/span>
\n Ultimate Software Group (ULTI +0.06%) was upgraded to ‘Outperform’ from ‘In-line’ at Evercore ISI with a price target of $310.<\/span>
\n XPO Logistics (XPO -9.63%) was rated a new ‘Buy’ at SunTrust Robinson Humphrey with a price target of $83.<\/span>
\n Procter & Gamble (PG +0.13%) was upgraded to ‘Buy’ from ‘Neutral’ at Bank of America\/Merrill Lynch with a price target of $108.<\/span>
\n Oxford Industries (OXM +1.20%) dropped nearly 10% in after-hours trading after it reported Q3 net sales of $233.7 million, weaker consensus of $243 million, and then forecast full-year adjusted EPS of $4.20 to $4.35, well below consensus of $4.60.<\/span>
\n Ryder System (R +0.10%) was rated a new ‘Buy’ at SunTrust Robinson Humphrey with a price target of $63.<\/span>
\n Tailored Brands (TLRD +1.51%) sank 24% in after-hours trading after it reported Q3 net sales of $812.7 million, weaker than consensus of $819.5 million, and then forecast full-year adjusted EPS of $2.30 to $2.35, the midpoint below consensus of $2.35.<\/span>
\n Hannon Armstrong Sustainable Infrastructure Capital (HASI -0.65%) fell 4% in after-hours trading after it announced it will sell 5 million shares of its common stock in an underwritten public offering.<\/span>
\n Echo Global Logistics (ECHO -2.07%) was rated a new ‘Buy’ at SunTrust Robinson Humphrey with a price target of $28.<\/span>
\n Applied Genetic Technologies (AGTC +7.36%) plunged more than 32% in after-hours trading after it said it saw no clinical activity in its XLRS clinical study in the treatment of Retinoschisis.<\/span>
\n Limelight Networks (LLNW +1.26%) tumbled 17% in after-hours trading after it forecast 2018 adjusted EPS of 15-cents to 20 cents, below consensus of 21 cents, and forecast 2018 revenue of $195 million to $196 million, weaker than consensus of $202.5 million.<\/span>
\n Today’s Economic Calendar<\/strong>
\n 8:30 Initial Jobless Claims
\n 8:30 Import\/Export Prices
\n 10:30 EIA Natural Gas Inventory
\n 1:00 PM Results of $16B, 30-Year Note Auction
\n 4:30 PM Money Supply
\n 4:30 PM Fed Balance Sheet<\/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 mostly up. Japan, China, Hong Kong, South Korea, India, New Zealand, Malaysia, Indonesia and the Philippines did well; Thailand was weak. Europe, Africa and the Middle East currently lean to the upside. Poland, Turkey, the UAE, South Africa, Spain and Italy are up; Finland and Norway are […]<\/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\/12496"}],"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=12496"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12496\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}