{"id":4177,"date":"2011-04-11T07:22:54","date_gmt":"2011-04-11T12:22:54","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=4177"},"modified":"2011-04-11T07:22:54","modified_gmt":"2011-04-11T12:22:54","slug":"before-the-open-apr-11","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=4177","title":{"rendered":"Before the Open (Apr 11)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a nice weekend.<\/span>
\nThe Asian\/Pacific markets closed mixed and with a bearish bias. No index moved more than 1%. Europe is currently trading mostly down, but the are no big losers. Futures here in the States point towards a positive open for the cash market.
\n<\/span>
\nI don’t have anything to add to the report posted over the weekend. The market has moved in a tight range for 8 days, and as of now, today’s open will be slightly below the middle of the range. We got some selling pressure on Friday, but in my opinion, that was mostly due to the prospect of the government shutting down. Now that that’s gone, traders\/investors can look forward to the next news worthy item to trade off of. <\/span>
\nThere are no economic numbers out today, but the rest of the week is full. So unlike last week where there was little for the market to feed off of, there will be lots for the market to chew on this week. Earnings season technicaly starts today with AA’s report, but not many companies report this week. <\/span>
\nThat’s it for now. Again, I don’t have anything to add to my weekend comments. The trend is up, so right now I’m only considering the long side. Things could change, and that’s fine. I’m flexible, but if the market wants to move up, I’m not going to fight it. More after the open.<\/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