All the major indices broke below their 200-day moving averages.
That’s not really what I wanted to see, but it happened.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
All the major indices broke below their 200-day moving averages.
That’s not really what I wanted to see, but it happened.
by David
The biggest Form 4 filing on today’s hot list is from Catherine Spear, CEO of FIGS Inc $FIGS.
Spear reported the purchase of 790,000 FIGS shares, equivalent to $4.9 million.
by David
From the Desk of Kimmy Sokoloff
If the market can hold on to yesterday’s low, I think there’s potential we can head higher.
We really need to push past $SPY 400 with force and head straight to 405, then 408.
by David
From the Desk of Kimmy Sokoloff
Fed Chair Jerome Powell spoke again today, but the market could not get going to the upside.
The semiconductors have been very strong this week. That’s usually a positive sign for the market.
Maybe they’re decoupling; time will tell.
by David
We’ve been looking out for this filing since last week!
Right on time, Uncle Warren strikes again with the Berkshire put in Occidental Petroleum $OXY.
by David
From the Desk of Kimmy Sokoloff
The market hit the breaks yesterday after Fed Chair Jerome Powell’s speech.
Powell is to speak again today, which could make for sloppy trading.
by David
This is the video recording of the March 8, 2023, Inside Scoop Weekly Strategy Session.
by David
From the Desk of Kimmy Sokoloff
That was a very volatile day, as we had Fed Chair Jerome Powell speaking.
And he’s speaking tomorrow too.