From the Desk of Kimmy Sokoloff
May the Fourth be with you!
We now have the Fed behind us, and there are more bank troubles.
This is worrisome.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
May the Fourth be with you!
We now have the Fed behind us, and there are more bank troubles.
This is worrisome.
by David
From the Desk of Kimmy Sokoloff
It’s Fed Day, and we know the drill…
Up, down, and all around.
by David
The big story on today’s list is that executives from some of the most severely damaged banks are still filing Form 4s.
Here’s yesterday’s list:
by David
From the Desk of Kimmy Sokoloff
This is a big day, with the FOMC set to announce an interest rate decision at 2:00 p.m. ET.
We had a late-day bounce yesterday — typical, as this market loves to levitate.
by David
This is the video recording of the May 3, 2023, Inside Scoop Weekly Strategy Session.
by David
From the Desk of Kimmy Sokoloff
The market took a decent dive early today, but after lunch time we saw a decent bounce. Perhaps it was short covering.
We don’t know which way the market will go tomorrow after the Fed’s interest rate announcement.
Time will tell.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Impinj, Inc. $PI director Steve Sanghi.
Sanghi reported a purchase of PI shares worth $1,997,500.
by David
From the Desk of Kimmy Sokoloff
$SPY bumped right against its Bollinger band yesterday and dropped.
We had a pretty decent-sized move last week, and I think the indices will wait till tomorrow to get going again.