From the Desk of Kimmy Sokoloff
$AMZN had good earnings, $AAPL not so much.
Futures are up some, but it’s been a bumpy week.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
$AMZN had good earnings, $AAPL not so much.
Futures are up some, but it’s been a bumpy week.
by David
From the Desk of Kimmy Sokoloff
We have $AMZN and $AAPL earnings after the close.
It was a real tug of war for the indices today. Nearing the close, they were selling off the market.
Maybe a prelude to what’s about to come…
by David
The largest insider transaction on today’s list comes in a Form 4 filing by Loews Corporation.
The American conglomerate reported a purchase of $175 million worth of shares in CNA Financial Corporation $CNA.
by David
From the Desk of Kimmy Sokoloff
We have some big, heavyweight earnings tonight, with $AMZN and $AAPL reporting.
The market is still pulling in, but August is typically a weak month.
We’re in a tough spot, as names are in between.
by David
From the Desk of Kimmy Sokoloff
$SPY dropped down to its 21-day moving average, and $QQQ broke below its own 21-day.
We’ll see if this is a one-day wonder or if the Fitch downgrade has more meaning.
by David
This is the video recording of the August 2, 2023, Hot Corner Insider Weekly Strategy Session.
by David
The largest insider transaction on today’s list comes in a Form 4 filing by Blackford (Beau) F. Brauer, director at Commerce Bancshares $CBSH.
Brauer reported a purchase of CBSH shares worth $265,003.
by David
From the Desk of Kimmy Sokoloff
After normal trading hours yesterday, Fitch downgraded the US.
As of now, it’s been a muted response. We’ll see if it turns into something bigger.
I did tell traders last week having a hedge does not hurt.