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.
Expert technical analysis of financial markets by JC Parets
by David
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.
by David
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.
by David
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.
by David
From the Desk of Kimmy Sokoloff
The S&P 500 is nearing the 4,300 level — June is starting out very strong.
The question is, will it last?
I’ll trade the ideas and stick to certain themes I have.
Always remember, shorts are VERY hard. Most should never short. Know your risk.
by David
From the Desk of Kimmy Sokoloff
It was a short week in the market, and the indices are making new highs this morning.
The past few Fridays have been bullish, so we’ll see if we hold these pre-market gains.
by David
From the Desk of Kimmy Sokoloff
Wow, what a way to start the month of June.
The market was full speed ahead.
by David
From the Desk of Kimmy Sokoloff
Happy June! Welcome summer!
The market as of now is a little mute after the signing of the debt ceiling deal.
$SPY held support yesterday at 416.70.
by David
From the Desk of Kimmy Sokoloff
It’s like a hangover: The market was in party mode all last week, and now it’s coming off its high.
$SPY has support at 416.70. Below that is 414.51.