From the Desk of Kimmy Sokoloff
Today is quarter’s end, and they surely window-dressed this week. Hey, we might even continue higher from here.
$SPY is nearing next resistance at 405, and after that is 408.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
Today is quarter’s end, and they surely window-dressed this week. Hey, we might even continue higher from here.
$SPY is nearing next resistance at 405, and after that is 408.
by David
Today’s most significant insider transaction report is a Form 4 filing by Ares Management, which revealed a purchase of roughly $26.4 million in Frontier Communications Parent $FYBR.
The hedge fund now owns 36 million shares, which represents an ownership stake of 14.3%.
by David
From the Desk of Kimmy Sokoloff
We’re seeing another gap up in the indices today.
I said on Monday that we could see window-dressing before quarter’s end, and that’s exactly what’s going on.
by David
From the Desk of Kimmy Sokoloff
The market is trying to push past the 4,000 level on the $SPX.
If we can manage to hold, there’s potential up to 4,039, then 4,050.
by David
Today’s most significant insider transaction report is another Form 4 filing by Warren Buffett’s Berkshire Hathaway $BRK.A for Occidental Petroleum $OXY.
On Monday, Buffett disclosed an additional purchase of OXY shares worth roughly $216 million.
by David
From the Desk of Kimmy Sokoloff
We’re seeing a decent-sized gap up this morning.
Now we have to see if the indices hold on to the gap or back and fill.
by David
This is the video recording of the March 29, 2023, Inside Scoop Weekly Strategy Session.
by David
From the Desk of Kimmy Sokoloff
The market isn’t mustering up the power to trend higher just yet.
I’d like $SPY to hold 392 and hopefully break above 400 in time.