{"id":5171,"date":"2011-12-27T08:33:38","date_gmt":"2011-12-27T13:33:38","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=5171"},"modified":"2011-12-27T08:33:38","modified_gmt":"2011-12-27T13:33:38","slug":"before-the-open-dec-27-2","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=5171","title":{"rendered":"Before the Open (Dec 27)"},"content":{"rendered":"

Good morning. Happy Tuesday. Hope you had a nice holiday weekend and enjoyed your extra day off. <\/span>
\nHalf the Asian\/Pacific markets were closed today. The ones that traded closed down with China (down 1.1%) being the only 1% mover. Europe is currently mixed; there are no standout winners or losers. Futures here in the States point towards slight down open for the cash market.<\/span>
\nThe dollar is down slightly. Oil is up; copper is down. Gold and silver are down slightly.<\/span>
\nHere’s a chart of the S&P surrounding Christmas and New Years from last year. You can see the 5 days between the two holidays were extremely slow, and very little price movement took place. Not once did the S&P have an intraday range greater than 10 points.<\/span>
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\nThis year the market has more stuff on its plate to consider. News can still come out of Europe, but absent news, I’m expecting the same kind of movement, or lack of movement. Don’t push it. You can only trade what the market gives you, and it’s likely the market won’t give much this week. 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