It’s like Thursday never happened.
I was looking for a consolidation, with a possibility of $SPY 364 to hold roughly.
That was not the case.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
It’s like Thursday never happened.
I was looking for a consolidation, with a possibility of $SPY 364 to hold roughly.
That was not the case.
by David
This is the video recording of our October 14, 2022, Inside Scoop Weekly Strategy Session.
by David
This is the video recording of our October 14, 2022, All Star Charts Crypto Weekly Strategy Session.
by David
From the Desk of Kimmy Sokoloff
Happy Friday.
That was a nice reversal yesterday in the indices. I wouldn’t mind a little consolidation today.
by David
The most significant insider transaction on today’s list was reported in a series of Form 4 filings by Hill Path Capital Partners LP.
The investment company reported a total of roughly $10 million in purchases of Dave & Busters $PLAY.
by David
From the Desk of Kimmy Sokoloff
What a day.
We went from SPX lows at 3,491 to a close at 3,669. It was nice to be up over 2% versus being down 2% for a change.
by David
From the Desk of Kimmy Sokoloff
As I write this morning, the futures are trading higher, with the SPX at 3,600 ahead of the release of September CPI data.
I’d like to see the SPX hold onto 3,600 and trend higher from here, but time will tell.
The levels to watch on the $SPY are support at 355.71, then 354.15. Resistance is is 360, then 364.
by David
The largest insider transaction on today’s list is a Form 4 filing by the Greenwich-based hedge fund Viking Global Investors.
The fund reported a purchase worth roughly $40 million in the small-cap biotech Inhibrx $INBX, increasing its total stake to 17%.