{"id":445,"date":"2009-06-30T06:30:01","date_gmt":"2009-06-30T11:30:01","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=445"},"modified":"2009-06-30T06:30:01","modified_gmt":"2009-06-30T11:30:01","slug":"before-the-open-37","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=445","title":{"rendered":"Before the Open"},"content":{"rendered":"<p>Good morning. Happy Tuesday.<br \/>\nSummer is here. We got some movement yesterday the first 90 minutes and then the market traded in a tight range the rest of the day. Get used to this. Opening gaps are still playable, and we\u2019ll continue to get movement from economic &#038; earnings reports. But as volatility declines, don\u2019t trade under the assumption we\u2019re going to get a constant flow of intraday swings. Here\u2019s the VIX. This is the lowest level since last Sept.<br \/>\n<img src=\"http:\/\/leavittbrothers.com\/stocks-options-futures-trading-before-the-open\/images\/vix063009.png\"><br \/>\nHere\u2019s the SPX weekly. I continue to see nothing wrong with the action. A solid rally off the March low has led to two months of consolidation. This is perfectly normal and healthy.<br \/>\n<img src=\"http:\/\/leavittbrothers.com\/stocks-options-futures-trading-before-the-open\/images\/spx063009.png\"><br \/>\nThat\u2019s it for now\u2026no reason to over-analyze the charts when not much happened yesterday.<br \/>\nToday is the last day of Q2 \u2013 who knows if there\u2019ll be some funny moves as fund managers shuffle their portfolios. Unemployment numbers come out Thursday. The market is closed Friday. More after the open.<br \/>\nheadlines at <a href=\"http:\/\/biz.yahoo.com\/apf\/archive.html\">Yahoo Finance<\/a><br \/>\nstocks to watch from <a href=\"http:\/\/www.marketwatch.com\/story\/tuesdays-biggest-gaining-and-declining-stocks-200963073300\">MarketWatch<\/a><br \/>\ntoday&#8217;s <a href=\"http:\/\/briefing.com\/Investor\/Public\/Calendars\/UpgradesDowngrades.htm\">upgrades\/downgrades<\/a><br \/>\nyesterday&#8217;s <a href=\"http:\/\/leavittbrothers.com\/leaders-laggards\/2009\/06\/29.cfm\">leaders &#038; laggards<\/a><br \/>\nthis week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/economic-releases-earnings-reports\/2009\/06\/28.cfm\">earnings &#038; economic releases<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Tuesday. Summer is here. We got some movement yesterday the first 90 minutes and then the market traded in a tight range the rest of the day. Get used to this. Opening gaps are still playable, and we\u2019ll continue to get movement from economic &#038; earnings reports. But as volatility declines, don\u2019t [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/445"}],"collection":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=445"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/445\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}