It was a tough day today, with a lot of stop-outs.
The indices are still stuck under their respective resistance zones.
I did come out ahead today by a few points, but it was a struggle.
$LLY saved trading today.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
It was a tough day today, with a lot of stop-outs.
The indices are still stuck under their respective resistance zones.
I did come out ahead today by a few points, but it was a struggle.
$LLY saved trading today.
by David
The largest insider transaction on today’s list comes in a Form 4 filing from the CEO and chief business and strategic operations officer of Cerevel Therapeutics Holdings $CERE.
The two executives reported purchases for a combined amount of $2.5 million.
by David
From the Desk of Kimmy Sokoloff
Moody’s hampered the mood of the market by downgrading a few of the banks’ credit ratings.
Late in the day yesterday, $QQQ started to lift higher, but that’s a no-go this morning.
by David
From the Desk of Kimmy Sokoloff
We have a little bit of a give and take here.
The indices are below their respective resistance levels and, as of now, they’re unable to get above them.
by David
The largest insider transaction on today’s list comes in a Form 4 filing by Karin Rotem-Wildeman, Chief Research & Development Officer for Keurig Dr Pepper $KDP.
Rotem-Wildeman reported a purchase of KDP shares worth roughly $1.8 million.
by David
From the Desk of Kimmy Sokoloff
Well, late in the afternoon on Friday the markets took a nosedive.
We’ll see how we close this week and whether we stay below resistance levels on the indices.
by David
From the Desk of Kimmy Sokoloff
We got a little reprieve from the selling today.
We’ll see how the indices handle their respective resistance levels.
by David
The largest insider transaction on today’s list comes in a Form 4 filing by Jeffrey W. Ubben, the co-founder and chairman of ValueAct Capital.
Ubben revealed a purchase of $20 million worth of Exxon Mobil Corporation $XOM stock.