{"id":4233,"date":"2011-04-25T07:27:10","date_gmt":"2011-04-25T12:27:10","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=4233"},"modified":"2011-04-25T07:27:10","modified_gmt":"2011-04-25T12:27:10","slug":"before-the-open-apr-25-2","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=4233","title":{"rendered":"Before the Open (Apr 25)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you enjoyed your long weekend.<\/span>
\nThe Asian\/Pacific markets closed mostly down, but not all markets were open today. Europe is not trading (Easter Monday). Futures here in the States are up a couple points.
\n<\/span>
\nThe dollar continues to drop; silver is at an all-time high. Same old same old there.<\/span>
\nI don’t have anything to add to the comments I made over the weekend in the weekly report or in the video<\/a> I posted.<\/span>
\nThe long term trend remains up; the short term trend greatly improved last week, and charts of individual stocks are looking much better now than they were a week ago.<\/span>
\nWhether it makes sense or not, the market is in pretty good shape here. But we still have many earnings reports in front of us, and the Fed meets Wednesday to again announce their target for overnight rates and the discount rate. Things could change, but until they do, my bias remains on the long side.<\/span>
\nWe’ve had two relativley quiet days in a row (not including the gaps), and with Europe being closed an FOMC meeting coming up, the market may be quiet again. We’ll see. I’ll have more to say after the open once the personality of the day established itself.<\/span>
\nheadlines at Yahoo Finance<\/a><\/span>
\ntoday’s upgrades\/downgrades<\/a><\/span>
\nthis week’s Economic Numbers<\/a><\/span>
\n