{"id":446,"date":"2009-06-26T06:30:03","date_gmt":"2009-06-26T11:30:03","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=446"},"modified":"2009-06-26T06:30:03","modified_gmt":"2009-06-26T11:30:03","slug":"before-the-open-39","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=446","title":{"rendered":"Before the Open"},"content":{"rendered":"

Good morning. Happy Friday.
\nAs stated yesterday, today will be a half day for me. I have a wedding in Breckenridge this afternoon (a wedding on a Friday afternoon???), so I\u2019ll be ducking out early.
\nOn to the market\u2026
\nThe S&P is up 1 for the month of June \u2013 not bad considering it\u2019s the beginning of the \u201cworst 5 months of the year.\u201d It\u2019s also down 1 point for the week. Whether it officially closes up or down for the week probably doesn\u2019t matter. Barring a stiff sell-off, the week will end with a long bottoming tail and a close in the upper part if the intraweek range \u2013 again, not bad.
\nBelow are the SPX monthly, weekly, daily and 60-min charts: The monthly<\/b> shows 4 consecutive up months but volume is declining. The weekly<\/b> shows a really nice rally off the March low but the rate of ascent has declined. This is perfectly normal for an issue to rest before legging up again. The daily<\/b> shows a break down from a rising wedge, but the pattern of higher highs and higher lows remains in place. And we may have gotten a breakout from falling flag yesterday. The 60-min<\/b> indicates the market is unchanged since the beginning of May and smack in the middle of its trading range.
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\nHave a good day; have a great weekend. I\u2019m heading up to the mountains in a few hours.
\nheadlines at Yahoo Finance<\/a>
\nstocks to watch from MarketWatch<\/a>
\ntoday’s upgrades\/downgrades<\/a>
\nyesterday’s leaders & laggards<\/a>
\nthis week’s earnings & economic releases<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning. Happy Friday. As stated yesterday, today will be a half day for me. I have a wedding in Breckenridge this afternoon (a wedding on a Friday afternoon???), so I\u2019ll be ducking out early. On to the market\u2026 The S&P is up 1 for the month of June \u2013 not bad considering it\u2019s the […]<\/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\/446"}],"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=446"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/446\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}