From the Desk of Kimmy Sokoloff
It’s a real tug of war between the bulls and the bears.
Each day we start the morning lower, and then we gradually trend higher.
Someone will win soon.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
It’s a real tug of war between the bulls and the bears.
Each day we start the morning lower, and then we gradually trend higher.
Someone will win soon.
by David
From the Desk of Kimmy Sokoloff
It’s been a slow grind up and a real tug of war for the indices.
The market seems really tired, but it hasn’t broken down.
by David
From the Desk of Kimmy Sokoloff
The common theme over the past week has been to grind lower in the morning and then move back up in the indices.
It doesn’t really feel like we’re moving at all.
by David
From the Desk of Kimmy Sokoloff
Futures are up nicely this morning, and $SPY is above 415.
We need to hold this level to head up to 421.
by David
From the Desk of Kimmy Sokoloff
It was a sleepy market, and then the indices started to trend back up.
$SPY needs to get above 415 to get a move on higher.
by David
by David
From the Desk of Kimmy Sokoloff
$SPY hit the 415 mark and then pulled in.
And then this market limped into the close.
Tech was weak once again, and this might be a continuing theme.
by David
From the Desk of Kimmy Sokoloff
Bank stocks are taking off this morning after some of their earnings releases, while tech stocks seem weak again.
It seems to be the theme of the week.