{"id":12504,"date":"2018-12-18T08:45:00","date_gmt":"2018-12-18T13:45:00","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12504"},"modified":"2018-12-18T08:45:00","modified_gmt":"2018-12-18T13:45:00","slug":"before-the-open-dec-18-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12504","title":{"rendered":"Before the Open (Dec 18)"},"content":{"rendered":"

Good morning. Happy Tuesday. <\/span>
\n The Asian\/Pacific<\/strong> markets are down across-the-board. Japan, Hong Kong, Austria, Singapore, Thailand and the Philippines are down the most. Europe, Africa and the Middle East<\/strong> are currently mixed. Poland and Turkey are up; the UAE, Russia, South Africa and Spain are down. Futures in the States<\/strong> point towards a moderate gap up open for the cash market. <\/span>
\n—————
\n List of Indexes and ETFs – <\/strong> here<\/a>
\n—————<\/span>
\n The dollar is down. Oil and copper are down. Gold and silver are flat. Bonds are up. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Norfolk Southern (NSC -2.19%) was upgraded to ‘Overweight’ from ‘Neutral’ at JPMorgan Chase with a price target of $203.<\/span>
\n CVS Health (CVS -1.66%) was rated a new ‘Overweight’ at Barclays with a price target of $91.<\/span>
\n Boeing (BA -0.82%) gained more than 1% in after-hours trading after it boosted its share buyback plan by $2 billion to $20 billion from $18 billion and boosted its quarterly dividend to $2.055 per share from $1.71 per share.<\/span>
\n Johnson & Johnson (JNJ -2.90%) rose nearly 1% in after-hours trading after it said it will buy back as much as $5 billion of its own stock.<\/span>
\n Abbott Laboratories (ABT -1.43%) was rated a new ‘Outperform’ at Credit Suisse with a price target of $82.<\/span>
\n HealthEquity (HQY -3.96%) was upgraded to ‘Overweight’ from ‘Neutral’ at Cantor Fitzgerald with a price target of $82.<\/span>
\n Edwards Lifesciences (EW -3.19%) was rated a new ‘Outperform’ at Credit Suisse with a price target of $188.<\/span>
\n Oracle (ORCL -1.87%) gained more than 1% in after-hours trading after it reported Q2 adjusted EPS of 80 cents, better than consensus of 78 cents.<\/span>
\n EOG Resources (EOG -3.87%) was rated a new ‘Buy’ at SunTrust Robinson Humphrey with a price target of $130.<\/span>
\n Boston Scientific (BSX -4.89%) was rated a new ‘Outperform’ at Credit Suisse with a price target of $42.<\/span>
\n Marathon Oil (MRO -2.13%) was rated a new ‘Buy’ at SunTrust Robinson Humphrey with a price target of $25.<\/span>
\n Puma Biotechnology (PBYI -5.14%) climbed more than 5% in after-hours trading after it reported positive results in its Phase III trial of its Neratinib in patients with metastatic breast cancer.<\/span>
\n Monday’s Key Earnings<\/strong>
\n Oracle (NYSE:ORCL) +6.2% seeing cloud strength.
\n Red Hat (NYSE:RHT) unchanged ahead of its pending acquisition by IBM.<\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n FOMC meeting begins
\n 8:30 Housing Starts
\n 8:55 Redbook Chain Store Sales<\/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 Tuesday. The Asian\/Pacific markets are down across-the-board. Japan, Hong Kong, Austria, Singapore, Thailand and the Philippines are down the most. Europe, Africa and the Middle East are currently mixed. Poland and Turkey are up; the UAE, Russia, South Africa and Spain are down. Futures in the States point towards a moderate gap […]<\/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\/12504"}],"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=12504"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12504\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}