From the Desk of Kimmy Sokoloff
It’s going to be a busy week, with CPI tomorrow and the Fed on Wednesday.
We must be on our toes and trade tactically.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
It’s going to be a busy week, with CPI tomorrow and the Fed on Wednesday.
We must be on our toes and trade tactically.
by David
From the Desk of Kimmy Sokoloff
It wasn’t the strongest Friday, but $SPY did take out the August high.
Next week will be a big one for data. I still think we can see SPY 422.92 sooner versus later.
by David
From the Desk of Kimmy Sokoloff
It’s Friday again, and it’s options expiration again.
Trading can be harder on days like these, so it’s a good idea to trade smaller.
by David
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…]
by David
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.
by David
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.
by David
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.
by David
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.