{"id":2206,"date":"2009-11-10T08:29:15","date_gmt":"2009-11-10T13:29:15","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2206"},"modified":"2009-11-10T08:29:15","modified_gmt":"2009-11-10T13:29:15","slug":"before-the-open-nov-10","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2206","title":{"rendered":"Before the Open (Nov 10)"},"content":{"rendered":"

Good morning. Happy Tuesday.<\/span>
\n7 of 9 down days has reversed course and turned into 6 consecutive up days. The Dow registered a new high yesterday; S&P is within 8 points of its high; the Russell and Nas have some catching up to do.<\/span>
\nThe last couple weeks we got warning signs the market’s strength was waning, and those signs did push the market lower for two weeks. Now it’s onward and upward. Here’s the SPX weekly. The overall uptrend has always remained in place; that thin trading area continues to sit just overhead.<\/span>
\n\"\"
\nI’ve talked numerous times the last month about how a weak dollar helps the stock market. Here’s the chart. The dollar registered a new low yesterday and clearly remains trending down.<\/span>
\n\"\"
\nSome work still needs to be done. The banks and semis are well off their highs (relative to the Dow and SPX). The small caps need to improve. But so far, not bad. The bulls are resilient. They took two weeks off and have now regained control. More after the open.<\/span>
\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