From the Desk of Kimmy Sokoloff

Even though the indices trended higher today, it felt like we weren’t moving at all.

Tomorrow is Friday, and for the past few weeks they’ve been running the market higher. [Read more…]

From the Desk of Kimmy Sokoloff

Let see what today brings.

I still think it would be healthy for the indices to pull in further.

$SPY closing its gap down to 422.92 would be a decent contraction.

[Read more…]

From the Desk of Kimmy Sokoloff

It was a consolidation day for most of the indices, except $IWM.

I’d still like to see $SPY pull back to 423, but time will tell.

[Read more…]

From the Desk of Kimmy Sokoloff

The indices are kind of flat this morning.

Yesterday there was a lot of movement in names, names that haven’t moved in quite some time.

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From the Desk of Kimmy Sokoloff

$IWM led the pack today, up almost 3%.

Banks started to rally as well.

Time will tell if this continues.

[Read more…]

From the Desk of Kimmy Sokoloff

We just about hit the 4,300 mark on the S&P 500.

A healthy pull-in here would be optimal. 

[Read more…]

From the Desk of Kimmy Sokoloff

That was a very slow day, with a healthy contraction in the afternoon.

$SPY is sitting outside the Bollinger band.

I’d think we can see 423 sooner versus later.

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From the Desk of Kimmy Sokoloff

The S&P 500 almost touched the 4,300 mark, and we’re becoming a tad bit extended.

A lot of names that have been dead wood finally started to come to life on Friday.

We’ll see if that continues.

[Read more…]