{"id":3102,"date":"2010-06-04T07:36:38","date_gmt":"2010-06-04T12:36:38","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=3102"},"modified":"2010-06-04T07:36:38","modified_gmt":"2010-06-04T12:36:38","slug":"before-the-open-jun-4","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=3102","title":{"rendered":"Before the Open (Jun 4)"},"content":{"rendered":"<p><span style=\"font-size: medium;\">Good morning. Happy Friday.<\/span><br \/>\n<span style=\"font-size: medium;\">The Asian\/Pacific markets closed mixed and without any standout winners or losers. Europe is currently down across the board &#8211; there are a couple 1% losers. Futures here in the States were up as of 4:55 am this morning and then sold off hard. As of the release of the employment numbers, they were pointing towards a moderate gap down for the cash market. <!--more--><\/span><br \/>\n<span style=\"font-size: medium;\">Here are the employment numbers:<\/span><br \/>\n<span style=\"font-size: medium;\">unemployment rate: 9.7%<\/span><br \/>\n<span style=\"font-size: medium;\">nonfarm payrolls: up 431,000 but 411,00 of those were census workers<\/span><br \/>\n<span style=\"font-size: medium;\">Futures sold off hard after the numbers hit the wires.<\/span><br \/>\n<span style=\"font-size: medium;\">For the first time since the end of April we got some a second consecutive up day yesterday, but volume was very light.<\/span><br \/>\n<span style=\"font-size: medium;\">If the market closes flat today, it&#8217;ll be the best week since mid April, but it&#8217;ll also be the lightest volume week since April too. <\/span><br \/>\n<span style=\"font-size: medium;\">The intermediate term trend is down, and the market is moving up on light volume &#8211; not necessarily a characteristic that makes we want to aggressively get long. More after the open.<\/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=3082\">Earnings Reports<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/blog\/?p=3084\">Economic Numbers<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Friday. The Asian\/Pacific markets closed mixed and without any standout winners or losers. Europe is currently down across the board &#8211; there are a couple 1% losers. Futures here in the States were up as of 4:55 am this morning and then sold off hard. As of the release of the employment [&hellip;]<\/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\/3102"}],"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=3102"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/3102\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}