$IWM led the pack today, up almost 3%.
Banks started to rally as well.
Time will tell if this continues.
Expert technical analysis of financial markets by JC Parets
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.
by David
From the Desk of Kimmy Sokoloff
That was a very slow day, with a healthy contraction in the afternoon.
$SPY is sitting outside the Bollinger band.
I’d think we can see 423 sooner versus later.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Ben Tisch, senior vice president of corporate development and strategy at Loews Corporation $L.
Tisch reported a purchase of 330,000 shares, equivalent to $18,781,400.
by David
From the Desk of Kimmy Sokoloff
The S&P 500 almost touched the 4,300 mark, and we’re becoming a tad bit extended.
A lot of names that have been dead wood finally started to come to life on Friday.
We’ll see if that continues.
by David
From the Desk of Kimmy Sokoloff
The S&P 500 is nearing the 4,300 level — June is starting out very strong.
The question is, will it last?
I’ll trade the ideas and stick to certain themes I have.
Always remember, shorts are VERY hard. Most should never short. Know your risk.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Grocery Outlet Holding Corp $GO director Erik D. Ragatz.
Ragatz revealed the purchase of 70,000 shares of GO.