{"id":3506,"date":"2010-09-20T07:22:13","date_gmt":"2010-09-20T12:22:13","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=3506"},"modified":"2010-09-20T07:22:13","modified_gmt":"2010-09-20T12:22:13","slug":"before-the-open-sep-20","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=3506","title":{"rendered":"Before the Open (Sep 20)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a nice weekend.<\/span>
\nThe Asian\/Pacific markets closed mostly up…Japan and India gained more than 1%. Europe is currently up across the board…there are a couple 1% winners there too. Futures here in the States point towards a gap up open for the cash market. <\/span>
\nVery soon the market will have to decide what it wants to do next. The near term trend is up, but resistance is front and center and several key groups including the small caps, banks, semis and oil are lagging. Either it’s onward and upward and the bears will have to scramble to cover or the market is going to come down hard. It’s not going to just sit here.<\/span>
\nThere’s an FOMC meeting tomorrow, so a decision may be delayed until Wednesday.<\/span>
\nHere’s the S&P 500 daily. I have nothing new to say that wasn’t already said in the report or video I put out over the weekend.<\/span>
\n\"\"
\nBe patient, be nimble. Resolution comes soon.<\/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>
\n