From the Desk of Kimmy Sokoloff

Overall, that was a decent bounce today.

We’ll see if it continues through the week.

If we do get a heavy one, $SPY has potential to 438.

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From the Desk of Kimmy Sokoloff

The market has been in a steady decline since mid-September.

I’ll be truthful: As of right now, not too much is interesting to me.

I need to see how stocks act today.

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From the Desk of Kimmy Sokoloff

We had a little bit of a bounce during the morning hours.

We’ll see how the indices react next week.

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From the Desk of Kimmy Sokoloff

To those who celebrate, I wish you a blessed year ahead!

The market is bouncing some. I’d like another push lower, but we can see a bounce shortly.

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From the Desk of Kimmy Sokoloff

$SPY dropped to the zone I was looking for.

Now we’ll see if we have a bounce attempt. [Read more…]

From the Desk of Kimmy Sokoloff

Yesterday morning I mentioned that we could see either $SPY drop to the 435-to-437 zone or it bounce up to 447.

We’re at 435 this morning.

We’ll see if we have some oversold bounces.

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From the Desk of Kimmy Sokoloff

It was a Fed day, not much more to say.

It was very volatile, and tomorrow we should get more of a true direction.

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From the Desk of Kimmy Sokoloff

FOMC on deck!

Now we’ll either see a quick pop up to 447.70 on $SPY or a drop down to 437 to 435.

Pre-market indices are trading higher.

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