The market was very whippy today, and I believe it will be this way till after the Fed on Wednesday.
We’ll take it day by day.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
The market was very whippy today, and I believe it will be this way till after the Fed on Wednesday.
We’ll take it day by day.
by David
From the Desk of Kimmy Sokoloff
It’s been a very volatile year so far, and we have the Fed this week, so expect even more chop.
I really wanted $SPY to close above its 200-day moving average, but that didn’t happen on Friday.
by David
From the Desk of Kimmy Sokoloff
As of midday, the market’s pulling in.
It’s due for a rest, and we have the Fed next week.
by David
From the Desk of Kimmy Sokoloff
Happy St. Patrick’s Day!
And TGIF!!
Will we have a green close today?
Time will tell.
by David
From the Desk of Kimmy Sokoloff
Well, it’s certainly nice to see some green on the screen!
$SPY made it above 393, and $QQQ was full speed ahead, up over 2%.
by David
From the Desk of Kimmy Sokoloff
Futures were all over the place in the middle of the night.
Lets see if the market can gain some footing and continue higher.
by David
From the Desk of Kimmy Sokoloff
This morning it looked like we were heading into the abyss.
Then came a decent bounce, led by tech stocks.
by David
From the Desk of Kimmy Sokoloff
Well, they don’t call it Schlump Day for nothing.
The market is getting hit this morning, as the bank mess could be spilling over to other sector.
Today, I’m watching to see how $SPY holds on to the 384 level. If not, we can head back down to 380.