{"id":2059,"date":"2009-10-15T07:36:12","date_gmt":"2009-10-15T12:36:12","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2059"},"modified":"2009-10-15T07:36:12","modified_gmt":"2009-10-15T12:36:12","slug":"before-the-open-oct-15","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2059","title":{"rendered":"Before the Open (Oct 15)"},"content":{"rendered":"

Good morning. Happy Thursday.<\/span>
\nThe world markets are mixed. The Asian\/Pacific indexes closed up, but gains are not great. Japan was the big winner with a 1.8% gain. Europe is down across the board, but there are no 1% losers. Futures here in the States suggest a gap down open for the cash market. …
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\nYesterday was of course a big up day. The Dow closed above 10K, and banking group closed at a new high. So far earnings season is being well received, but many stocks are gapping up and selling off after reporting. AA and INTC did this.<\/span>
\nHere’s the daily SPX. I really wanted a rest near resistance because the index had 60 points in 5 days – not a great foundation for building additional gains. A few poor earnings report to cast a little doubt on the trend would have been nice, but no dice. With 7 of 8 up days, how much further can it go? The blue line is drawn parallel to the upsloping red support line. It marks a level I’ll be watching closely.<\/span>
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\nYesterday also added another unfilled gap to the mix.<\/span>
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\nNo way do I try and pick a top…but at the same time, with 7 of 8 up days, let’s not get lazy.<\/span>
\nheadlines at Yahoo Finance<\/a><\/span>
\ntoday’s upgrades\/downgrades<\/a><\/span>
\nyesterday’s Sector Performance<\/a><\/span>
\nthis week’s Earnings Reports<\/a><\/span>
\nthis week’s Economic Numbers<\/a><\/span>
\nopen a real-time futures demo account at…
\n\"\"<\/a><\/span>
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