{"id":3747,"date":"2010-11-26T08:30:40","date_gmt":"2010-11-26T13:30:40","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=3747"},"modified":"2010-11-26T08:30:40","modified_gmt":"2010-11-26T13:30:40","slug":"before-the-open-nov-26","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=3747","title":{"rendered":"Before the Open (Nov 26)"},"content":{"rendered":"<p><span style=\"font-size: medium;\">Good morning. Happy Friday. Hope you enjoyed your day off. Today is a half day&#8230;the market closes 3 hours early at 1 pm EST.<\/span><br \/>\n<span style=\"font-size: medium;\">The Asian\/Pacific markets closed mostly down &#8211; there were a few 1% losers. Europe is mostly down &#8211; there are several 1% losers. Futures here in the States point towards a large gap down open for the cash market. <!--more--><\/span><br \/>\n<span style=\"font-size: medium;\">Here&#8217;s the 30-min SPX chart since the first week of Sept. Its uptrend was broken two weeks ago, and now we&#8217;ve had sideways movement within a 25-point range. The large losses from Tuesday were almost completely recovered Wednesday, but today&#8217;s gap down will erase about half those gains. <\/span><br \/>\n<img src=\"http:\/\/www.leavittbrothers.com\/members\/stocks\/images\/mw\/spx112610.png\" alt=\"\" \/><br \/>\n<span style=\"font-size: medium;\">Charts of individual stocks are mostly in good shape&#8230;although we&#8217;re not getting the same follow through we got for most of the Sept\/Oct rally. <\/span><br \/>\n<span style=\"font-size: medium;\">Charts of the indexes are more neutral. They are after all unchanged over the last month. <\/span><br \/>\n<span style=\"font-size: medium;\">Debt worries in Europe and the situation with North and South Korea are moving the market. Bad news is driving prices down; good news or no news is relieving selling pressure. This is not a time to take big chances. When the event risk is high, it&#8217;s high in both directions. 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=3734\">Earnings Reports<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/blog\/?p=3736\">Economic Numbers<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Friday. Hope you enjoyed your day off. Today is a half day&#8230;the market closes 3 hours early at 1 pm EST. The Asian\/Pacific markets closed mostly down &#8211; there were a few 1% losers. Europe is mostly down &#8211; there are several 1% losers. Futures here in the States point towards a [&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\/3747"}],"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=3747"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/3747\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}