From the Desk of Kimmy Sokoloff
We have some important economic data coming out this morning.
The market did an about-face turn yesterday and drifted lower.
We’ll see if they want to keep everyone happy on a Friday and push the market higher.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
We have some important economic data coming out this morning.
The market did an about-face turn yesterday and drifted lower.
We’ll see if they want to keep everyone happy on a Friday and push the market higher.
by David
From the Desk of Kimmy Sokoloff
That was a big bounce this morning for the indices…
And then we faded, and gaps are getting filled to the downside.
We all know the market is in need of a breather, but it will do what it wants to do. I did miss some of my own trades today, but traders in the Live Trading Room captured them.
This is the $TGT trade I flubbed. I bought it, I wasn’t patient, it ran to my price target, then I bought it back. I told the Live Trading Room it has room to 138!
Today I closed out the $HES shares that I’ve owned since January. I’ve bought it and sold it many times throughout the past six months. I can’t list all the buys and sells.
by David
The only insider transaction on today’s list comes in a Form 4 filing by William G. Jurgensen, director of American International Group $AIG.
Jurgensen revealed a purchase of AIG shares with a total value of $145,814.
by David
From the Desk of Kimmy Sokoloff
The market is happy today, gapping up after the Fed.
Gap-ups are hard, as you don’t know if they’ll continue or pull in.
by David
From the Desk of Kimmy Sokoloff
The Fed raised a quarter point, but we kinda knew that was coming.
The market, as of now, is all over the place. [Read more…]
by David
This is the video recording of the July 26, 2023, Hot Corner Insider Weekly Strategy Session.
by David
The largest insider transaction on today’s list comes in a Form 4 filing by SoftBank Vision Fund entity SVF II SPAC Investment 3 (DE) LLC.
SVF reported the purchase of 17,825,312 shares of Symbotic Inc $SYM, equivalent to $500 million.
by David
From the Desk of Kimmy Sokoloff
Today’s the day: Will the Fed raise rates for one last time this year?
We’ll see at 2:00 p.m. ET.
$GOOGL had a nice move after hours.