I mentioned yesterday that we’d see volatility over the next few days, and the market delivered just that today.
After 1:00 p.m. ET the market took a nosedive. Then it started to level off and even rallied into the close.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
I mentioned yesterday that we’d see volatility over the next few days, and the market delivered just that today.
After 1:00 p.m. ET the market took a nosedive. Then it started to level off and even rallied into the close.
by David
Deerfield Asset Management continues to make splashes in the biotech space.
Its latest filing disclosed a whopping $21.7 million purchase in Nuvalent $NUVL.
by David
From the Desk of Kimmy Sokoloff
Election Day is here, and the market has had a nice rebound off of last week’s lows.
We have support on the $SPX at 3,800, and resistance is now at 3,824, then 3,843. $SPY support is at 378.20, then 376.55. Resistance is at 383.29.
by David
From the Desk of Kimmy Sokoloff
The market started off strong and finished even stronger.
We saw a midday lull, but that was bought up! The $SPY broke above its 50-day moving average at roughly 379.
by David
The largest insider transaction on today’s list was reported in a Form 4 filing by Vertiv Holdings $VTR Director Joseph Deangelo.
Deangelo disclosed a purchase of VTR worth roughly $1 million.
by David
From the Desk of Kimmy Sokoloff
We’ve seen a big gap up in the futures this morning, and we’re right at resistance at $SPX 3,800. The next level above is 3,804 to 3,811.
$SPY resistance is at 379.60. Support is at 376.35, then 374.20.
by David
From the Desk of Kimmy Sokoloff
We saw a lot of movement in the indices today.
The $SPX hit resistance near the 50-day moving average around 3,800 and reversed lower but then rallied into the close.
by David
This is the video recording of our November 4, 2022, All Star Charts Crypto Weekly Strategy Session.