The market pretty much drifted lower all day.
It erased yesterday’s bounce, and $SPY closed to its respective gap below.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
The market pretty much drifted lower all day.
It erased yesterday’s bounce, and $SPY closed to its respective gap below.
by David
The largest insider transaction on today’s list comes in a Form 4 filed by Michael Andrew Chambers, director of Sarepta Therapeutics $SRPT.
Chambers reported an additional purchase of 23,686 SRPT shares, equivalent to $2.5 million.
by David
From the Desk of Kimmy Sokoloff
The indices ran right to resistance yesterday only to get slammed overnight.
It’s a little bit of a tug of war right here between the bulls and the bears.
by David
From the Desk of Kimmy Sokoloff
$SPY and $QQQ are stuck under a lot of resistance levels.
There’s a possibility we break above those levels this week, but we must keep stops tight.
by David
The largest insider transaction on today’s list comes in a Form 4 filed by Michael Andrew Chambers, director of Sarepta Therapeutics $SRPT.
Chambers reported a purchase of SRPT shares worth $3.7 million.
by David
From the Desk of Kimmy Sokoloff
It should be a little bit of a calm week, although we do get retail sales coming up.
Typically in mid-August we get a bounce.
$SPY still hasn’t closed its gap below at 442.97. I was looking for that last week, no dice.
by David
From the Desk of Kimmy Sokoloff
What a week it’s been, straight down for the indices.
Maybe next week we get that mid-August bounce.
Today I had four wins and four losses.
Keep in mind my shorts are a fraction of my longs, so, yes, they were losses, but my wins were larger.
by David
The largest insider transaction on today’s list comes in a Form 4 filed by Steven J. McLaughlin, founder and CEO of FT Partners, a fintech-focused investment banking firm.
McLaughlin revealed an additional purchase of $2.7 million in Expensify Inc $EXFY.