{"id":2489,"date":"2009-12-24T08:19:33","date_gmt":"2009-12-24T13:19:33","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2489"},"modified":"2009-12-24T08:19:33","modified_gmt":"2009-12-24T13:19:33","slug":"before-the-open-dec-24","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2489","title":{"rendered":"Before the Open (Dec 24)"},"content":{"rendered":"<p><span style=\"font-size: medium;\">Good morning. Happy Thursday. Happy Christmas Eve Day.<\/span><br \/>\n<span style=\"font-size: medium;\">Half the world markets were closed today; of the ones that opened, gains were\/are being posted. Futures here in the States are up a couple points.<!--more--><\/span><br \/>\n<span style=\"font-size: medium;\">Today is a half day; the market closes at 1:00 pm EST. It&#8217;ll be one of the slowest days of the year. <\/span><br \/>\n<span style=\"font-size: medium;\">The market has done great lately. The S&amp;P has been up 4 consecutive days and 9 of the last 11. <\/span><br \/>\n<span style=\"font-size: medium;\">The Dow and S&amp;P remain stuck in their consolidation zones while the Nas and Russell are practically going parabolic. <\/span><br \/>\n<span style=\"font-size: medium;\">The US dollar has rallied a bunch the last couple weeks, but it hasn&#8217;t hurt the market or commodity stocks &#8211; both are up nicely over the same time period.<\/span><br \/>\n<span style=\"font-size: medium;\">The small caps were lagging but are now leading &#8211; they&#8217;re at new highs.<\/span><br \/>\n<span style=\"font-size: medium;\">Banks continue to lag &#8211; it&#8217;s the only major group not participating in the market strength. Otherwise a glance at the charts reveals steady, across-the-board strength and support for the uptrend.<\/span><br \/>\n<span style=\"font-size: medium;\">I continue to only be interested in playing longs, but I&#8217;m not getting lazy. A light-volume drift up is a good recipe for a sudden and quick sell-off. <\/span><br \/>\n<span style=\"font-size: medium;\">Merry Christmas everyone!<\/span><br \/>\n<span style=\"font-size: medium;\">headlines at <a href=\"http:\/\/biz.yahoo.com\/apf\/archive.html\">Yahoo Finance<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">today&#8217;s <a href=\"http:\/\/briefing.com\/Investor\/Public\/Calendars\/UpgradesDowngrades.htm\">upgrades\/downgrades<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/blog\/?p=2464\">Earnings Reports<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/blog\/?p=2467\">Economic Numbers<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Thursday. Happy Christmas Eve Day. Half the world markets were closed today; of the ones that opened, gains were\/are being posted. Futures here in the States are up a couple points.<\/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\/2489"}],"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=2489"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/2489\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}