{"id":5138,"date":"2011-12-14T08:37:02","date_gmt":"2011-12-14T13:37:02","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=5138"},"modified":"2011-12-14T08:37:02","modified_gmt":"2011-12-14T13:37:02","slug":"before-the-open-dec-14-3","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=5138","title":{"rendered":"Before the Open (Dec 14)"},"content":{"rendered":"

Good morning. Happy Wednesday.<\/span>
\nThe Asian\/Pacific markets closed mostly down, but there were no 1% losers. Europe is currently mostly down. Belgium, France and Germany are down more than 1%. Futures here in the States point towards a flat open for the cash market.
\n<\/span>
\nThe dollar is up. Oil and copper are down. Gold and silver are down too. <\/span>
\nA big issue for the market is the dollar. For many months the market and dollar have moved opposite each other, and right now the dollar is moving up with force. It doesn’t matter if the dollar is only moving up because the euro is moving down or if it actually deserves to be moving up. The fact is it’s moving up, so commodities are getting hit hard and the market is struggling. Here’s the daily chart. <\/span>
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\nAlso hovering over the market is the situation in Europe. Wall St. wants a solution all at once; it wants closure. Europe doesn’t operate like that; things in Europe take longer, so we’re gonna have to continue in an environment where news lingers. <\/span>
\nDon’t over trade. Don’t chop your account. We’re not getting many good pitches to swing at, so it’d be wise to stand here with the bat on our shoulders. More after the open.<\/span>
\nheadlines at Yahoo Finance<\/a><\/span>
\nheadlines at MarketWatch<\/a><\/span>
\ntoday’s upgrades\/downgrades<\/a><\/span>
\nthis week’s Earnings<\/a><\/span>
\nthis week’s Economic Numbers<\/a><\/span>
\n