{"id":2127,"date":"2009-10-26T07:07:23","date_gmt":"2009-10-26T12:07:23","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2127"},"modified":"2009-10-26T07:07:23","modified_gmt":"2009-10-26T12:07:23","slug":"before-the-open-oct-26","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2127","title":{"rendered":"Before the Open (Oct 26)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a nice weekend.<\/span>
\nDare my sentiment be to the downside right now???<\/span>
\nThe small caps are lagging the large caps. Here’s a chart comparing $SML to $OEX.<\/span>
\n\"\"
\nThe internal breadth indicators didn’t support the most recent move up. <\/span>
\nWhile most indexes made higher highs recently, the Russell did not. Here’s a chart comparing $SPX to $RUT.<\/span>
\n\"\"
\nThe dollar is still trending down, but the odds of at least a temporary move up are increasing. You guys know when I have “too many” stocks on the Long List, the market tends to temporarily top out. Well right now I have too many commodity stocks which no doubt benefit from a weak dollar. Perhaps this is a sign the dollar is oversold and due for a bounce which would most likely would push the market down.<\/span>
\nProximity to key levesl (Dow 10K, Nas previous support, S&P a significant moving average) tells us to be more cautious.<\/span>
\nThe market’s reaction to earnings season was positive until this past Friday when AMZN and MSFT did great, but the market sold off anyways.<\/span>
\nAll longs have very short leashes. On the short side, my preference is the ETFs or inverse ETFs. More after the open.<\/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><\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning. Happy Monday. Hope you had a nice weekend. Dare my sentiment be to the downside right now??? The small caps are lagging the large caps. Here’s a chart comparing $SML to $OEX.<\/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\/2127"}],"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=2127"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/2127\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}