That was a very big move for the indices today.
Once $SPY broke out of its resistance zone, this one and the others really jumped.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
That was a very big move for the indices today.
Once $SPY broke out of its resistance zone, this one and the others really jumped.
by David
The largest insider transaction on today’s list comes in a Form 4 filed by Ares Management Company.
The hedge fund reported a purchase of Frontier Communications Parent Inc $FYBR shares in the amount of $573,540.
by David
From the Desk of Kimmy Sokoloff
The market is really stuck, and names aren’t appealing to me at the moment.
We’ve drifted lower since early August, and now we have a slight bounce in the indices.
Now we need to see if it continues or we roll back over.
by David
From the Desk of Kimmy Sokoloff
Tough sledding today.
The market is caught between two levels, the eight-day moving average and the 21-day.
I traded small, and I’ll do that the rest of the week.
by David
The largest insider transaction on today’s list comes in a Form 4 filed by Lloyd M. Yates, director, president and CEO of NiSource Inc $NI.
Yates reported a purchase of 40,000 shares of NI, equivalent to $1,057,600.
by David
From the Desk of Kimmy Sokoloff
It’s the last week of August, and the market had a nice recovery on Friday.
We’ll see if $SPY 440 holds for a move back to 444 or not.
by David
From the Desk of Kimmy Sokoloff
It was a very volatile Friday — up, down, and all around.
That makes for tough trading, and I told the people in the Live Trading Room the best you can do is to NOT trade today.
That being said…
by David
The largest insider transaction on today’s list comes in a Form 4 filed by Sanford Robertson, director of Cassava Sciences $SAVA.
Robertson reported a purchase of SAVA shares in the amount of $523,500.