{"id":3850,"date":"2010-12-29T08:19:08","date_gmt":"2010-12-29T13:19:08","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=3850"},"modified":"2010-12-29T08:19:08","modified_gmt":"2010-12-29T13:19:08","slug":"before-the-open-dec-29-2","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=3850","title":{"rendered":"Before the Open (Dec 29)"},"content":{"rendered":"

Good morning. Happy Wednesday.<\/span>
\nThe Asian\/Pacific markets closed mostly up; Hong Kong and India gained more than 1%. Europe is currently mostly up, but there are no 1% winners. Futures here in the States point towards a flat-to-positive open for the cash market.<\/span>
\nCanada is finally open for business…not sure if this is enough to bring a pulse to the market. There are 3 more trading days left this year. The consensus is for a continuation of the trend – or at least the absence of any meaningful pullback – until next year. The market is already setting itself up for a “release of pressure” come January. Many believe some sort of correction is inevitable, and I don’t entirely agree but when so many think one way, it rarely happens in a timely manner. Perhaps, contrary to many people’s beliefs, the market will surge up first to thoroughly frustrate the bears who have anticipated a pullback and piss off the bulls who badly want to buy a dip. Just thinking out loud.<\/span>
\nThat’s it for now. Don’t over trade.<\/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