This market can’t get its act together.
It started off strong, then it faltered.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
This market can’t get its act together.
It started off strong, then it faltered.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Bihua Chen, the CEO of Cormorant Asset Management.
Chen revealed a purchase of $16.7 million in MoonLake Immunotherapeutics $MLTX.
by David
From the Desk of Kimmy Sokoloff
We saw a swift reversal down in the indices yesterday after the Fed’s rate-hike announcement.
Now we need to see if we stabilize in here to trend back up or break down.
by David
From the Desk of Kimmy Sokoloff
It was a sleepy morning for the market…
And, of course, that changed as the day went on.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Steven Klinsky, a director of New Mountain Finance Corporation $NMFC.
Klinsky reported a purchase of roughly $1.1 million.
by David
From the Desk of Kimmy Sokoloff
It’s a big day today.
Will the Fed raise by 50 basis points or 25 basis points? Or will it do nothing? I’m thinking 25 basis points.
However it turns out, expect volatility.
by David
This is the video recording of the March 22, 2023, Inside Scoop Weekly Strategy Session.
by David
From the Desk of Kimmy Sokoloff
It was a nice day in the market overall.
We gapped up but didn’t pull back into yesterday’s high on the indices.