{"id":2883,"date":"2010-04-06T07:31:12","date_gmt":"2010-04-06T12:31:12","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2883"},"modified":"2010-04-06T07:31:12","modified_gmt":"2010-04-06T12:31:12","slug":"before-the-open-apr-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2883","title":{"rendered":"Before the Open (Apr 6)"},"content":{"rendered":"<p><span style=\"font-size: medium;\">Good morning. Happy Tuesday.<\/span><br \/>\n<span style=\"font-size: medium;\">The good news is the market closed at new highs yesterday. Here&#8217;s the S&amp;P chart.<!--more--><\/span><br \/>\n<img src=\"http:\/\/leavittbrothers.com\/blog\/i\/spx040610.png\" alt=\"\" \/><br \/>\n<span style=\"font-size: medium;\">Also good news is oil and copper made new highs. These commodities do well when the economy is doing well. Here are those charts.<\/span><br \/>\n<img src=\"http:\/\/leavittbrothers.com\/blog\/i\/wtic040610.png\" alt=\"\" \/><br \/>\n<span style=\"font-size: medium;\">The bad news is volume was very light and in several cases, the indexes are at or near resistance. The Dow is just under 11,000; the S&amp;P is just under 1200; the Russell is just under 700.<\/span><br \/>\n<span style=\"font-size: medium;\">Also bad is the movement of bonds. Here are the 30- and 10-year yields &#8211; both made new highs yesterday. In my eyes, bonds are competition to the stock market. The higher the yields, the more likely people are to pull money out of the market and put it into virtually riskless bond.<\/span><br \/>\n<img src=\"http:\/\/leavittbrothers.com\/blog\/i\/tyx040610.png\" alt=\"\" \/><br \/>\n<span style=\"font-size: medium;\">Yesterday was a nice day but we are not out of the woods just yet.<\/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=2873\">Earnings Reports<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/blog\/?p=2875\">Economic Numbers<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Tuesday. The good news is the market closed at new highs yesterday. Here&#8217;s the S&amp;P chart.<\/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\/2883"}],"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=2883"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/2883\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}