{"id":4209,"date":"2011-04-14T07:30:45","date_gmt":"2011-04-14T12:30:45","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=4209"},"modified":"2011-04-14T07:30:45","modified_gmt":"2011-04-14T12:30:45","slug":"before-the-open-apr-14-2","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=4209","title":{"rendered":"Before the Open (Apr 14)"},"content":{"rendered":"

Good morning. Happy Thursday.<\/span>
\nThe Asian\/Pacific markets closed mixed – there were no big winners or losers. Europe is down across the board. France and Norway are down more than 1%. Futures here in the States point towards a moderate gap down for the cash market.
\n<\/span>
\nThe market has averted a disaster the last two days by bouncing intraday. One of these days the market may not bounce. It’ll open (up or down) and start selling off, and the selling won’t stop until the closing bell. It could happen any day. <\/span>
\nHere’s the 60-min S&P chart. As of now the open will be just under 1310. The next downside target is 1300.<\/span>
\n\"\"
\nI’ve been laying low this week. I didn’t add many set ups to the trading lists over the weekend and still don’t see much worth playing. The overall trend is; the near term trend is very much in question. Make sure you’ve clearly identified what pitch you like to swing at…and then be disciplined to only swing at those pitches. 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