From the Desk of Kimmy Sokoloff
Today is the last day of May!
We started the month as high as 417 on $SPY and, as of now, we’re at 419.
$QQQ was the leader — the only index that had real strength, the others not so much.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
Today is the last day of May!
We started the month as high as 417 on $SPY and, as of now, we’re at 419.
$QQQ was the leader — the only index that had real strength, the others not so much.
by David
From the Desk of Kimmy Sokoloff
The market seemed very slow today after a long holiday weekend.
As of now, the indices are consolidating.
by David
From the Desk of Kimmy Sokoloff
As I write this note, $SPY has finally filled its gap pre-market at 421.22.
The push higher was brought on by the debt ceiling deal.
by David
From the Desk of Kimmy Sokoloff
Typical market action on a pre-holiday weekend trading day: Rally time!
The indices were up more than 1%, and we’re heading into gap-fill on $SPY.
Enjoy your Memorial Day.
by David
From the Desk of Kimmy Sokoloff
Happy Memorial Day, and thank you to our Veterans!
It’s Friday, and it’s options expiration, so trading is bound to be more difficult today.
by David
From the Desk of Kimmy Sokoloff
This market can easily whip you around.
We have the Nasdaq really doing all the lifting.
There are a lot of negatives under the hood.
by David
From the Desk of Kimmy Sokoloff
It’s $NVDA‘s world!
What a stellar earnings report for this company.
But, at the same time, it’s a crowded long.
by David
From the Desk of Kimmy Sokoloff
Wild markets today, and $DIA is riding a very fine line here. It’s right at its 200-day moving average.
If it falls through, there’s potential down to 322.50.