{"id":3766,"date":"2010-12-02T08:17:37","date_gmt":"2010-12-02T13:17:37","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=3766"},"modified":"2010-12-02T08:17:37","modified_gmt":"2010-12-02T13:17:37","slug":"before-the-open-dec-2-2","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=3766","title":{"rendered":"Before the Open (Dec 2)"},"content":{"rendered":"

Good morning. Happy Thursday.<\/span>
\nThe Asian\/Pacific markets closed up across the board. Europe is currently posting pretty good gains. Futures here in the States point towards a decent gap up for the cash market. <\/span>
\nThis of course comes off a massive move up which put the small and mid caps at a new high and the other indexes above their recent ranges. <\/span>
\nComing into this week the short term trend was unclear and the longer term trend was up. It now appears the longer term trend has reasserted itself. But I’d be a little surprised if the market had another runaway day because of tomorrow’s jobs report. Once that’s out of the way, a steady move up into the end of the year can begin.<\/span>
\nHere’s the 60-min SPX chart since the end of August. This is why I’ve kept saying: “the charts still look pretty good.” It’s because they did. I have viewed the last couple weeks as a pullback\/consolidation within an uptrend. Now the uptrend can resume.<\/span>
\n\"\"
\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