{"id":1714,"date":"2009-08-24T07:35:35","date_gmt":"2009-08-24T12:35:35","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=1714"},"modified":"2009-08-24T07:35:35","modified_gmt":"2009-08-24T12:35:35","slug":"before-the-open-aug-24","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=1714","title":{"rendered":"Before the Open (Aug 24)"},"content":{"rendered":"<p>Good morning. Happy Monday. Hope you had a nice weekend.<br \/>\nOther than the first couple minutes last Monday, last week was another good one. Everything move up\u2026the indexes made new highs and closed near their highs. Many key groups did great. There are warning signs which are keeping me conservative, but the uptrend is firmly in place. &#8230;<!--more--><br \/>\nHere\u2019s the weekly SPX. It\u2019s rallied about 360 points off the Mar low and about 155 since the July low. It\u2019s into the thin trade area produced by the quick drop in Sept\/Oct 2007 and the Bollinger Band is trending up thus giving it more room to move each week.<br \/>\n<img src=\"http:\/\/leavittbrothers.com\/before-the-open\/images\/spx082409.png\" alt=\"\" \/><br \/>\nIn the report posted over the weekend, I offered several warning signs. Among them was the Nas which did well last week but lagged slightly. Here\u2019s another. The semis are also lagging.<br \/>\n<img src=\"http:\/\/leavittbrothers.com\/before-the-open\/images\/sox082409.png\" alt=\"\" \/><br \/>\nThat\u2019s it for now. I don\u2019t have much else to add to what was talked about over the weekend. More comments will be made after the open.<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\/story\/mondays-biggest-gaining-and-declining-stocks-2009-08-24\">MarketWatch<\/a><br \/>\ntoday&#8217;s <a href=\"http:\/\/briefing.com\/Investor\/Public\/Calendars\/UpgradesDowngrades.htm\">upgrades\/downgrades<\/a><br \/>\nyesterday&#8217;s <a href=\"http:\/\/leavittbrothers.com\/blog\/?p=1707\">Sector Performance<\/a><br \/>\nthis week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/blog\/?p=1711\">Earnings Reports<\/a><br \/>\nthis week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/blog\/?p=1709\">Economic Numbers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Monday. Hope you had a nice weekend. Other than the first couple minutes last Monday, last week was another good one. Everything move up\u2026the indexes made new highs and closed near their highs. Many key groups did great. There are warning signs which are keeping me conservative, but the uptrend is firmly [&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\/1714"}],"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=1714"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/1714\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}