{"id":2858,"date":"2010-03-29T07:42:02","date_gmt":"2010-03-29T12:42:02","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2858"},"modified":"2010-03-29T07:42:02","modified_gmt":"2010-03-29T12:42:02","slug":"before-the-open-mar-29","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2858","title":{"rendered":"Before the Open (Mar 29)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a nice weekend.<\/span>
\nThe Asian\/Pacific markets closed mostly up – China gained 2%. Europe is currently up across the board – there are no 1% winners. Futures here in the States point towards a moderate gap up open for the cash market. This comes off a week the market moved up, but on a couple occasions could not hold its early gains.<\/span>
\nThe big events this week are the end of the quarter on Wed and the latest employment numbers Fri.<\/span>
\nHere’s the 60-min S&P chart…very steady 7 week uptrend.<\/span>
\n\"\"
\nThere are many warning signs out there; there are many breadth indicators in overbought territory. This has been the case for the last week, and instead of pulling back, the market so far has chosen to move sideways. More time is needed to set the stage for another leg up. For now my attitude remains the same. The trend is up, but I’ve shifted into conservative mode for the time being. I’d like to see the market work off some of the overbought condition before getting aggressive again on the long side. 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><\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning. Happy Monday. Hope you had a nice weekend. The Asian\/Pacific markets closed mostly up – China gained 2%. Europe is currently up across the board – there are no 1% winners. 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\/2858"}],"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=2858"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/2858\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}