{"id":3951,"date":"2011-01-28T08:20:47","date_gmt":"2011-01-28T13:20:47","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=3951"},"modified":"2011-01-28T08:20:47","modified_gmt":"2011-01-28T13:20:47","slug":"before-the-open-jan-28-2","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=3951","title":{"rendered":"Before the Open (Jan 28)"},"content":{"rendered":"

Good morning. Happy Friday.<\/span>
\nThe Asian\/Pacific markets closed mixed. Only Japan (down 1.1%) moved more than 1%. Europe is currently mixed too. London is down 1%. Futures here in the States point towards a flat open for the cash market.<\/span>
\nThe market has had to digest a lot of stuff this week. Lots of economic numbers, lots of earnings reports, State of the Union address, FOMC meeting – through it all the market is posting decent gains. The Dow, Nas and S&P are at or very near new highs. The Russell has a little catching up to do.<\/span>
\nHere’s an update of the 60-min S&P chart. There’s pretty much no change. The trend rend remains solidly up, and although there have been less good set ups to play recently compared to December and last fall, there hasn’t been a reason to guess a top. <\/span>
\n\"\"
\nI remain long and in conservative mode.<\/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