That was a nice reversal for the indices today.
They held support where they needed to and then trended higher.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
That was a nice reversal for the indices today.
They held support where they needed to and then trended higher.
by David
This is the video recording of our October 5, 2022, Inside Scoop Weekly Strategy Session.
by David
From the Desk of Kimmy Sokoloff
We’re seeing a nice pullback in the indices this morning, which is actually healthy after the two-day rally we just had.
For today, I’m watching $SPY support at 372 and $QQQ support at 277.
by David
Elon Musk and Twitter $TWTR are back in business!
In a letter filed with the SEC on Tuesday, the eccentric billionaire offered to close the originally agreed upon deal worth $44 billion.
by David
From the Desk of Kimmy Sokoloff
The market continued to rally all day. It was nice to see.
Now, hopefully we do get follow through.
by David
From the Desk of Kimmy Sokoloff
What a big bounce this morning. Unfortunately, I didn’t hold the $SPY overnight, which was a bad miss.
I’ve been looking for this 373 zone since last week, and we might just get there today. The exact level is 373.44.
by David
The most significant insider activity on today’s list was reported in a series of Form 4 filings by Greg Abel, the vice-chairman of Berkshire Hathaway $BRK.
Abel reported purchases worth roughly $68 million in Berkshire’s class A shares.
The transactions help to align the executive more closely with shareholders as he prepares to take the reins of the company at some point in the future.
by David
From the Desk of Kimmy Sokoloff
Today was the first “up” day since last Wednesday.
The question is whether we’ll follow through or not. I wish I had a crystal ball, but I do not.