{"id":6582,"date":"2013-04-25T07:34:04","date_gmt":"2013-04-25T12:34:04","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=6582"},"modified":"2013-04-25T07:34:04","modified_gmt":"2013-04-25T12:34:04","slug":"before-the-open-apr-25-4","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=6582","title":{"rendered":"Before the Open (Apr 25)"},"content":{"rendered":"<p><span style=\"font-size: medium;\">Good morning. Happy Thursday.<\/span><br \/>\n<span style=\"font-size: medium;\">The Asian\/Pacific markets closed mixed and with an upward bias. Australia, Hong Kong, India and South Korea rallied nicely; China dropped. Europe is currently mostly up. Austria and Greece are up more than 2%; Stockholm is up 1.7%; Germany, Norway and the Czech Republic are also doing well. Futures here in the States point towards a moderate gap up open for the cash market.<!--more--><br \/>\n<\/span><br \/>\n<span style=\"font-size: medium;\">The dollar is down. Oil is down slightly, copper is up. Gold and silver are up.<\/span><br \/>\n<span style=\"font-size: medium;\">Going back to last Friday the market is on a nice run, and I&#8217;ve seen across-the-board improvement. The small caps have been leading. Some key stocks have improved. Some key groups improved. Some breadth indicators have perked up. <\/span><br \/>\n<span style=\"font-size: medium;\">When the week began, the market was on thin ice and had very little wiggle room. I still considered the move off the highs to be a pullback within an uptrend and not yet the beginning of a correction. And with this week&#8217;s bounce, this is still the case. The bulls had their backs up against the wall, and they responded. <\/span><br \/>\n<span style=\"font-size: medium;\">Here&#8217;s $BKX and $SOX, banks and semis, both much improved. <\/span><br \/>\n<img src=\"http:\/\/leavittbrothers.com\/pm\/bkx042413.png\" alt=\"\" \/><br \/>\n<img src=\"http:\/\/leavittbrothers.com\/pm\/sox042413.png\" alt=\"\" \/><br \/>\n<span style=\"font-size: medium;\">The bulls can breathe a little easier now, but their job isn&#8217;t done. <\/span><br \/>\n<span style=\"font-size: medium;\">In premarket trading, INFN, AKAM, YNDX, CAKE, VOD, BIIB, FFIV, WDC and RRD are up the most while INTU, ZNGA, MLNX, CTXS, AVEO, QCOM, EQIX and JBLU are down the most. <\/span><br \/>\n<span style=\"font-size: medium;\">The market&#8217;s next trending move is still not known. More after the open.<\/span><br \/>\n<span style=\"font-size: medium;\">headlines at <a href=\"http:\/\/biz.yahoo.com\/apf\/archive.html\">Yahoo Finance<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">headlines at <a href=\"http:\/\/www.marketwatch.com\/story\/newsviewer\">MarketWatch<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">today&#8217;s <a href=\"http:\/\/www.briefing.com\/investor\/calendars\/upgrades-downgrades\/\">upgrades\/downgrades<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/blog\/index.php\/2013\/04\/19\/earnings-apr-22-26\/\">Earnings<\/a><\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/leavittbrothers.com\/blog\/index.php\/2013\/04\/19\/economic-numbers-apr-22-26\/\">Economic Numbers<\/a><\/span><br \/>\n<script type=\"text\/javascript\">\/\/ <![CDATA[\n  var gaJsHost = ((\"https:\" == document.location.protocol) ? \"https:\/\/ssl.\" : \"http:\/\/www.\"); document.write(unescape(\"%3Cscript src='\" + gaJsHost + \"google-analytics.com\/ga.js' type='text\/javascript'%3E%3C\/script%3E\"));\n\/\/ ]]><\/script><br \/>\n<script type=\"text\/javascript\">\/\/ <![CDATA[\n  var pageTracker = _gat._getTracker(\"UA-6273151-1\"); pageTracker._initData(); pageTracker._trackPageview();\n\/\/ ]]><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Thursday. The Asian\/Pacific markets closed mixed and with an upward bias. Australia, Hong Kong, India and South Korea rallied nicely; China dropped. Europe is currently mostly up. Austria and Greece are up more than 2%; Stockholm is up 1.7%; Germany, Norway and the Czech Republic are also doing well. Futures here in [&hellip;]<\/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\/6582"}],"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=6582"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/6582\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}