{"id":5317,"date":"2012-02-06T08:28:53","date_gmt":"2012-02-06T13:28:53","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=5317"},"modified":"2012-02-06T08:28:53","modified_gmt":"2012-02-06T13:28:53","slug":"before-the-open-feb-6","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=5317","title":{"rendered":"Before the Open (Feb 6)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a nice weekend.<\/span>
\nThe Asian\/Pacific markets closed mixed. Australia and Japan moved up more than 1%; Indonesia moved down 1%. Europe is currently down across the board, but there are no 1% losers. Futures here in the States point towards a moderate gap down open for the cash market.
\n<\/span>
\nThe dollar is up. Oil and copper are down. Gold and silver are down.<\/span>
\nLast week was a good one. All the indexes moved up and closed at their highs. The Dow and S&P continue their steady climb; the Nas and Russell want to go parabolic. <\/span>
\nA couple indicators have been completely ignored. This tells me the up and down range that characterized the market in 2011 is changing (when the indicators stop working, something is different). A couple more indicators that I discussed over the weekend have popped up. We’ll see how the market does in the near, but regardless of what happens in the next couple days and this entire week, the trend is strong and whatever correction that materializes should get bought up. The market has a mind of its own right now. It won’t go up forever, but it’s very likely to continue up in the intermediate term.<\/span>
\nHere are the dailies. Don’t fight this. More after the open.<\/span>
\n\"\"
\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