{"id":3787,"date":"2010-12-09T08:17:42","date_gmt":"2010-12-09T13:17:42","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=3787"},"modified":"2010-12-09T08:17:42","modified_gmt":"2010-12-09T13:17:42","slug":"before-the-open-dec-9-2","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=3787","title":{"rendered":"Before the Open (Dec 9)"},"content":{"rendered":"

Good morning. Happy Thursday.<\/span>
\nThe Asian\/Pacific markets closed mostly up, but India and China lost more than 1%. Europe is currently mixed. Futures here in the States point towards a positive open for the cash market. <\/span>
\nThe S&P has closed within a 7-point range for 5 straight days. Not bad and not too much of a concern considering the index moved 60 points off its low in less than a week.<\/span>
\nThere hasn’t been much to talk about recently. During November, even though the market traded range bound, the indexes gapped almost every day and swung wildly in both directions. Then they rallied hard the first several days of December. Now the action is muted and market-moving news items are coming out at a much slower pace. After this little soft patch, I expect prices to continue higher into the end of the year and beginning of next year. <\/span>
\nHere’s the 60-min S&P. It’s pausing near its November high. No big deal. I don’t see this as a problem. The chart looks good to me.<\/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