{"id":2938,"date":"2010-04-21T06:13:03","date_gmt":"2010-04-21T11:13:03","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2938"},"modified":"2010-04-21T06:13:03","modified_gmt":"2010-04-21T11:13:03","slug":"before-the-open-apr-21","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2938","title":{"rendered":"Before the Open (Apr 21)"},"content":{"rendered":"

Good morning. Happy Wednesday.<\/span>
\nToday will be a shortened day for me. I’ll be flying from south Florida back to Denver – not fun with two 18-month olds. And I won’t be updating the site unless something crazy happens while I’m away.<\/span>
\nThe Asian\/Pacific markets closed mostly up – there were a couple 1% winners. Europe is currently mostly down. Futures here in the States are mixed.<\/span>
\nThe market has done well to recapture most of last Friday’s losses. Volume was strong Monday but fell off yesterday. I see nothing hugely wrong with the movement. There are definitely some warning signs out there, but the trend remains solidly up. Here’s the 60-min S&P.The rate of ascent lessened in late March and early April, but the trend remained in place. Currently it can be said a bullish rectangle is forming, but a pullback is needed to solidify resistance.<\/span>
\n\"\"
\nI’m not smart enough to know what the market will definitely do; luckily you don’t have to be smart to recognize a trend and go with the flow. That’s most of what I do. I trade good stocks from the best groups in the direction of the trend. Trading isn’t any harder than that. Keep it simple. Research says more than half a stock’s movement stems from the overall market and another 25% is due to the group it belongs. Don’t try to out think the market. A stock can only go up or down, and you’re only looking for a slight edge to sway the odds in your favor. 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 Wednesday. Today will be a shortened day for me. I’ll be flying from south Florida back to Denver – not fun with two 18-month olds. And I won’t be updating the site unless something crazy happens while I’m away.<\/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\/2938"}],"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=2938"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/2938\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}