From the Desk of Kimmy Sokoloff
It’s been slim pickings with regard to stocks to trade, as the indices are in a holding pattern.
I’m sure they’ll pick a direction soon.
As we know, August is typically a bumpy month, as is September.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
It’s been slim pickings with regard to stocks to trade, as the indices are in a holding pattern.
I’m sure they’ll pick a direction soon.
As we know, August is typically a bumpy month, as is September.
by David
From the Desk of Kimmy Sokoloff
It was a tough day today, with a lot of stop-outs.
The indices are still stuck under their respective resistance zones.
I did come out ahead today by a few points, but it was a struggle.
$LLY saved trading today.
by David
From the Desk of Kimmy Sokoloff
Moody’s hampered the mood of the market by downgrading a few of the banks’ credit ratings.
Late in the day yesterday, $QQQ started to lift higher, but that’s a no-go this morning.
by David
From the Desk of Kimmy Sokoloff
We have a little bit of a give and take here.
The indices are below their respective resistance levels and, as of now, they’re unable to get above them.
by David
From the Desk of Kimmy Sokoloff
Well, late in the afternoon on Friday the markets took a nosedive.
We’ll see how we close this week and whether we stay below resistance levels on the indices.
by David
From the Desk of Kimmy Sokoloff
We got a little reprieve from the selling today.
We’ll see how the indices handle their respective resistance levels.
by David
From the Desk of Kimmy Sokoloff
$AMZN had good earnings, $AAPL not so much.
Futures are up some, but it’s been a bumpy week.
by David
From the Desk of Kimmy Sokoloff
We have $AMZN and $AAPL earnings after the close.
It was a real tug of war for the indices today. Nearing the close, they were selling off the market.
Maybe a prelude to what’s about to come…