{"id":2178,"date":"2009-11-02T08:23:08","date_gmt":"2009-11-02T13:23:08","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2178"},"modified":"2009-11-02T08:23:08","modified_gmt":"2009-11-02T13:23:08","slug":"before-the-open-nov-2","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2178","title":{"rendered":"Before the Open (Nov 2)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a nice weekend.<\/span>
\nAs usual I don’t have much to add to my weekend report. The short term trend is down; the market is in the process of breaking down. We’ve had some price movement that has made no sense the last 7 months, so not much would surprise me, but my bias for now is still to the downside. The Russell and other internals I’ve talked about need to improve before the market can re-establish positive sentiment. And of course the dollar needs to continue its downtrend. I’m not calling an end to the move that started in early March; I’m just saying the market has some work to do before a move up can stick. Here’s the 60-min chart. The next unfilled gap is near SPX 1020.<\/span>
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\nheadlines at Yahoo Finance<\/a><\/span>
\ntoday’s upgrades\/downgrades<\/a><\/span>
\nthis week’s Earnings Reports<\/a><\/span>
\nthis week’s Economic Numbers<\/a><\/span>
\n