{"id":5479,"date":"2012-03-27T07:32:30","date_gmt":"2012-03-27T12:32:30","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=5479"},"modified":"2012-03-27T07:32:30","modified_gmt":"2012-03-27T12:32:30","slug":"before-the-open-mar-27","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=5479","title":{"rendered":"Before the Open (Mar 27)"},"content":{"rendered":"

Good morning. Happy Tuesday. I’m still here (at home) even though I got an evacuation notice last night. Following news on Twitter, 3000 acres have burned, 900 homes evacuated, 20 homes burned and 1 death. This has been the worst ski season in CO in many years, so I wouldn’t be surprised if this is just the beginning.
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\nThe Asian\/Pacific markets closed up across-the-board (except for China). Japan moved up 2.4%, and Hong Kong, India, Indonesia, Singapore and South Korea rallied more than 1%. Europe is currently trading mixed and with a bearish bias. There are no 1% movers. Futures here in the States point towards a slight down open for the cash market.<\/span>
\nThe dollar is flat. Oil is flat and copper is down. Gold and silver are flat.<\/span>
\nThe Russell broke out again yesterday (it must like Mondays) and closed at a new high. This is attempt #2. We’ll see if this one holds. The Nas and S&P also closed at new highs while the Dow put in a rock solid day and closed just below its own high. Semis closed at a new high. Financials matched their high from last week. Many other groups are at new highs. The song remains the same. The uptrend is solid and trying to guess when it will end is flat out stupid. Don’t over analyze and don’t think too much. Play the best charts from the best groups, and give ’em some room to move around. Don’t make trading harder than it is. What else can I say? When the trend is super strong, you don’t need to dissect the market from 20 different angles. 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>
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