Today was quite a turnaround.
We went from a bearish pattern to right back on course!
It’s been a choppy week.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
Today was quite a turnaround.
We went from a bearish pattern to right back on course!
It’s been a choppy week.
by David
The most significant insider transaction on today’s list comes in a Form 4 filed by Christopher M. Hilger, director at Donaldson Company $DCI.
Hilger reported a purchase of DCI stock worth $199,953. [Read more…]
by David
From the Desk of Kimmy Sokoloff
$QQQ dropped yesterday to its 21-day moving average, and $SPY fell to its eight-day moving average at 407.50.
I was looking at $MRK yesterday in the live trading room, and I wish I bought it as it’s up this morning.
by David
From the Desk of Kimmy Sokoloff
It’s a very sloppy market.
Either we’re digesting to head higher or we’re going to head lower right here.
by David
Cathie Wood’s ARK Investment Management is on our list today, as it filed a 13G for Roku Inc $ROKU.
The asset manager reported a small increase of 0.06% in its ownership.
by David
From the Desk of Kimmy Sokoloff
We’ve got the March CPI data coming out at 8:30 a.m. ET.
I have no idea which way the market will swing.
by David
This is the video recording of the April 12, 2023, Inside Scoop Weekly Strategy Session.
by David
From the Desk of Kimmy Sokoloff
Slim pickings in this market.
There are trades out there.
But we aren’t getting enough follow-through.