{"id":2847,"date":"2010-03-26T07:28:22","date_gmt":"2010-03-26T12:28:22","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2847"},"modified":"2010-03-26T07:28:22","modified_gmt":"2010-03-26T12:28:22","slug":"before-the-open-mar-26","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2847","title":{"rendered":"Before the Open (Mar 26)"},"content":{"rendered":"

Good morning. Happy Friday.<\/span>
\nThe Asian\/Pacific markets closed up across the board. Europe is currently down across the board. Futures here in the States point towards a moderate gap up open for the cash market. <\/span>
\nAfter pressing to new highs yesterday, the market actually dropped yesterday. The closing numbers weren’t bad, but the day’s candle wasn’t pretty.<\/span>
\nI’ve talked a couple times about energy and how it’s weakening. Here’s the 3x inverse ETF.<\/span>
\n\"\"
\nHere’s the daily S&P. Recently the down days have come with greater volume than the up days. That’s a warning. There are others such as various internal breadth indicators that have been in overbought territory and the rallying dollar. But as you can see, the market has been in a huge uptrend. I’d expect a pullback – if we ge a pullback – to get bought. In my opinion any trade to the downside is short term unless it becomes obvious holding is wise. Next Wed marks the end of the quarter. Given the run we’ve been on and the pressure on fund managers to be holding certain stocks that have done well, I’m not sure the market is going to completely fall apart right now. <\/span>
\n\"\"
\nOtherwise we entered this week with the market in bull mode and me in conservative mode, and it looks like this is how we’ll end the week. I’m not sure there will be many new additions to the trading lists this weekend. We’ll see. The market will ultimately tell me what to do. Don’t give profits back.<\/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 Friday. The Asian\/Pacific markets closed up across the board. Europe is currently down across the board. Futures here in the States point towards a moderate gap up open for the cash market.<\/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\/2847"}],"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=2847"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/2847\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}