From the Desk of Kimmy Sokoloff
Let see what today brings.
I still think it would be healthy for the indices to pull in further.
$SPY closing its gap down to 422.92 would be a decent contraction.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
Let see what today brings.
I still think it would be healthy for the indices to pull in further.
$SPY closing its gap down to 422.92 would be a decent contraction.
by David
From the Desk of Kimmy Sokoloff
It was a consolidation day for most of the indices, except $IWM.
I’d still like to see $SPY pull back to 423, but time will tell.
by David
This is the video recording of the June 7, 2023, Hot Corner Insider Weekly Strategy Session.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Diversified Healthcare Trust $DHC director Adam Portnoy.
Portnoy reported a purchase of $9.8 million in the small-cap health care REIT.
by David
From the Desk of Kimmy Sokoloff
The indices are kind of flat this morning.
Yesterday there was a lot of movement in names, names that haven’t moved in quite some time.
by David
From the Desk of Kimmy Sokoloff
$IWM led the pack today, up almost 3%.
Banks started to rally as well.
Time will tell if this continues.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Artal Group SA.
The firm reported a purchase of 27,775,050 shares, equivalent to $72.2 million in Lexicon Pharmaceuticals, Inc. $LXRX.
by David
From the Desk of Kimmy Sokoloff
We just about hit the 4,300 mark on the S&P 500.
A healthy pull-in here would be optimal.