From the Desk of Kimmy Sokoloff
As far as earnings go, $AMZN and $GOOGL for Big Tech were the weak links.
$QQQ is almost at its peak price.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
As far as earnings go, $AMZN and $GOOGL for Big Tech were the weak links.
$QQQ is almost at its peak price.
by David
From the Desk of Kimmy Sokoloff
That was a stick save by $META, and now we have $AMZN tonight.
$QQQ came back above the 316 level I’ve been talking about inside the live trading room.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Enphase Energy $ENPH director T.J. Rodgers.
Rodgers, who is the founder of Cypress Semiconductor and also holds a patent for a wine-making press, reported a purchase of roughly $5 million of ENPH.
by David
From the Desk of Kimmy Sokoloff
If you look under the hood, overall this market is weak.
Without Big Tech, there really isn’t too much to talk about, except maybe commodities.
by David
From the Desk of Kimmy Sokoloff
Every day last week the market would dip in the morning and rally in the afternoon.
This week has been the opposite: We’ve been grinding lower in the afternoons.
by David
From the Desk of Kimmy Sokoloff
Two heavyweights reported earnings yesterday and, as of now, $MSFT came out on top.
Now lets see if it holds on to the gains.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Texas Capital Bancshares $TCBI director Robert W. Stallings.
Stallings reported a purchase of roughly $1 million of TCBI stock.
by David
From the Desk of Kimmy Sokoloff
Today was the first real breakdown for the indices, with $IWM leading the way.
For $SPY and $QQQ it was the first real break below their respective 21-day moving averages.