From the Desk of Kimmy Sokoloff
This sideways action in the market is tiring.
We do find setups, but I haven’t been enthused with most of them.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
This sideways action in the market is tiring.
We do find setups, but I haven’t been enthused with most of them.
by David
From the Desk of Kimmy Sokoloff
It was Chop City for the market today.
It will likely pick a direction soon.
by David
From the Desk of Kimmy Sokoloff
It’s just like Tuesday…
With PPI coming up at 8:30 a.m. ET, I’m going to hold off on sharing ideas until I see how the market reacts.
by David
From the Desk of Kimmy Sokoloff
What a day…
$SPY came close to the 415 level I mentioned this morning and then traded below 410.
The recovery was quick due to tech bouncing.
by David
From the Desk of Kimmy Sokoloff
CPI data for April will be released at 8:30 a.m. ET.
I’ll hold off on ideas until I see how the market reacts.
by David
From the Desk of Kimmy Sokoloff
The market was in a standstill today, awaiting the CPI print on Wednesday.
The indices held on.
Tomorrow might give a clearer picture near term.
by David
From the Desk of Kimmy Sokoloff
$QQQ hit a fresh high yesterday, and this morning we’re pulling back.
We could be in a standstill until tomorrow’s CPI data.
by David
From the Desk of Kimmy Sokoloff
It was a real tug of war today for the indices.
$AMD really pushed through, moving more than 5%.