{"id":3134,"date":"2010-06-15T07:30:05","date_gmt":"2010-06-15T12:30:05","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=3134"},"modified":"2010-06-15T07:30:05","modified_gmt":"2010-06-15T12:30:05","slug":"before-the-open-jun-15","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=3134","title":{"rendered":"Before the Open (Jun 15)"},"content":{"rendered":"<p><span style=\"font-size: medium;\">Good morning. Happy Tuesday.<\/span><br \/>\n<span style=\"font-size: medium;\">The Asian\/Pacific markets closed mostly up &#8211; gains were small. Europe is currently mostly up &#8211; gains are small there too. Futures here in the States point towards a gap up open for the cash market.<!--more--><\/span><br \/>\n<span style=\"font-size: medium;\">Here&#8217;s the SPX 30-min chart. The index traded through a down-sloping trendline last week but got rejected by the early June high. So for now, everything remains the same. Over the weekend I saw some improvement, but the indexes are still range bound, they&#8217;re still not following through much, they&#8217;re stilling gapping a lot, and they&#8217;re still at the mercy of news coming out of Europe.<\/span><br \/>\n<img src=\"http:\/\/leavittbrothers.com\/blog\/i\/spx061510.png\" alt=\"\" \/><br \/>\n<span style=\"font-size: medium;\">There&#8217;s approx. equal number of stocks on the Long List and Short List &#8211; this alone tells us there is no dominant trend. When the trend is established, we&#8217;ll have 20 set ups in one direction and none in the other.<\/span><br \/>\n<span style=\"font-size: medium;\">Until we get more clarity, I wouldn&#8217;t assume anything. Keep trades shorter term until it happens. 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=3124\">Earnings Reports<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/blog\/?p=3126\">Economic Numbers<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Tuesday. The Asian\/Pacific markets closed mostly up &#8211; gains were small. Europe is currently mostly up &#8211; gains are small there too. Futures here in the States point towards a 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\/3134"}],"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=3134"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/3134\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}