{"id":2819,"date":"2010-03-18T07:30:19","date_gmt":"2010-03-18T12:30:19","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2819"},"modified":"2010-03-18T07:30:19","modified_gmt":"2010-03-18T12:30:19","slug":"before-the-open-mar-18","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2819","title":{"rendered":"Before the Open (Mar 18)"},"content":{"rendered":"

Good morning. Happy Thursday.<\/span>
\nThe Asian\/Pacific markets closed mixed. Europe is currently mixed with a slight bearish slant. No index anywhere has moved much from its unchanged level. Futures here in the States are flat.<\/span>
\nThe Energizer Bunny market continues. New highs were made across the board yesterday. Nothing was left behind. Strength is broad-based, internals support the price movement. The only warnings come from a lack of volume and possibly the market being “too strong” (when sentiment is over-weighed on one side, that side will be the wrong side).<\/span>
\nYou guys know me. I don’t guess tops. I’ll guess a bottom because those are much easier and tend to happen on a single day, but tops tend to be of the rounded variety and there’s always a few extra surges up to crush the bears who jump the gun with shorts. <\/span>
\nNews barely matters. The economy doesn’t matter. Housing. Unemployment rate. I guess those don’t matter much either because there’s a huge disconnect between Wall St. and Main St. It’s very possible for Wall St. to continue moving up while Main St. suffers.<\/span>
\nHere’s an S&P daily chart I drew last week. I put it up because a target I had establish has been hit (I talked about 1163ish being stiffer resistance than 1150).<\/span>
\n\"\"
\nThat’s it for now. The long side is the only side to be on. But be cautious.<\/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><\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning. Happy Thursday. The Asian\/Pacific markets closed mixed. Europe is currently mixed with a slight bearish slant. No index anywhere has moved much from its unchanged level. Futures here in the States are flat.<\/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\/2819"}],"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=2819"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/2819\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}