From the Desk of Kimmy Sokoloff
We’re seeing a nice pullback in the indices this morning, which is actually healthy after the two-day rally we just had.
For today, I’m watching $SPY support at 372 and $QQQ support at 277.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
We’re seeing a nice pullback in the indices this morning, which is actually healthy after the two-day rally we just had.
For today, I’m watching $SPY support at 372 and $QQQ support at 277.
by David
Elon Musk and Twitter $TWTR are back in business!
In a letter filed with the SEC on Tuesday, the eccentric billionaire offered to close the originally agreed upon deal worth $44 billion.
by David
From the Desk of Kimmy Sokoloff
The market continued to rally all day. It was nice to see.
Now, hopefully we do get follow through.
by JC
I thought last night’s call went well.
Sorry it went a little long and had 200 charts.
I get carried away sometimes 😉
But I tried to hit on the most important points.
ASC Premium Members can watch the replay here and download the slides.
And speaking of important points, isn’t this the exact point in time to be buying stocks?
From a seasonal perspective, the time is now: [Read more…]
by JC
From a seasonality standpoint, this is where you buy stocks.
Sentiment is near wash out levels. Who was left to sell?
Today on BNN Bloomberg I was asked about why we were buying stocks.
I think it adds some value to talk about the risk management procedures as well. And also which stocks we want to be buying.
Here’s the full clip:
by David
From the Desk of Kimmy Sokoloff
What a big bounce this morning. Unfortunately, I didn’t hold the $SPY overnight, which was a bad miss.
I’ve been looking for this 373 zone since last week, and we might just get there today. The exact level is 373.44.
by David
The most significant insider activity on today’s list was reported in a series of Form 4 filings by Greg Abel, the vice-chairman of Berkshire Hathaway $BRK.
Abel reported purchases worth roughly $68 million in Berkshire’s class A shares.
The transactions help to align the executive more closely with shareholders as he prepares to take the reins of the company at some point in the future.
by JC
This is the video recording of our October 3rd Monthly Charts Live Strategy Session