{"id":535,"date":"2009-04-28T06:30:17","date_gmt":"2009-04-28T11:30:17","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=535"},"modified":"2009-04-28T06:30:17","modified_gmt":"2009-04-28T11:30:17","slug":"before-the-open-83","status":"publish","type":"post","link":"http:\/\/blog.leavittbrothers.com\/?p=535","title":{"rendered":"Before the Open"},"content":{"rendered":"<p>Good morning. Happy Tuesday.<br \/>\nSwine flu continues to dominate the news. SPX futures are down 14 and Nas 100 futures are down 16. It looks like earnings are being pushed aside for now. I\u2019ve been in cash for over a week and am going to stick with day trading for now. If swine flu scares continue, the market won\u2019t breakout. If fears subside, the market could easily leg up again.<br \/>\nHere\u2019s the daily SPX. A close below trendline support (which happens to be the middle of the Bollinger Bands) would likely lead to the lower band near 800 being tested.<br \/>\n<img src=\"http:\/\/leavittbrothers.com\/stocks-options-futures-trading-before-the-open\/images\/spx042809-1.png\"><br \/>\nPut\/Call Ratio: Can the market rally with this much complacency? The chart has been below 1.0 for the entire month. It\u2019s something to keep in mind.<br \/>\n<img src=\"http:\/\/leavittbrothers.com\/stocks-options-futures-trading-before-the-open\/images\/cpc042809-2.png\"><br \/>\nShort term trades only for me right now.<br \/>\nheadlines at <a href=\"http:\/\/biz.yahoo.com\/apf\/archive.html\">Yahoo Finance<\/a><br \/>\nstocks to watch from <a href=\"http:\/\/www.marketwatch.com\/news\/story\/Tuesdays-biggest-moving-stocks\/story.aspx?guid={E6FEFFF6-E040-406D-8F48-F2356B6583B0}\">MarketWatch<\/a><br \/>\ntoday&#8217;s <a href=\"http:\/\/briefing.com\/Investor\/Public\/Calendars\/UpgradesDowngrades.htm\">upgrades\/downgrades<\/a><br \/>\nthis week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/economic-releases-earnings-reports\/2009\/04\/26.cfm\">earnings &#038; economic releases<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Tuesday. Swine flu continues to dominate the news. SPX futures are down 14 and Nas 100 futures are down 16. It looks like earnings are being pushed aside for now. I\u2019ve been in cash for over a week and am going to stick with day trading for now. If swine flu scares [&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":"http:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/535"}],"collection":[{"href":"http:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=535"}],"version-history":[{"count":0,"href":"http:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/535\/revisions"}],"wp:attachment":[{"href":"http:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=535"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}