From the Desk of Kimmy Sokoloff
The SPX futures are back above 3,700. That’s a level I’d like to see maintained.
And I’d prefer SPX above 3712.
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by David
From the Desk of Kimmy Sokoloff
The SPX futures are back above 3,700. That’s a level I’d like to see maintained.
And I’d prefer SPX above 3712.
by David
From the Desk of Kimmy Sokoloff
Today was more of a consolidation day for the market. I’d prefer that the SPX hangs onto 3,669, which it did (and hopefully does in the days ahead).
It would be nice if we saw the recent bottom become a tradable low from which we trend higher.
by David
From the Desk of Kimmy Sokoloff
I spoke in the live trading room yesterday about how $NFLX earnings, either good or bad, has not really affected the market recently.
The futures did bounce last night, but this morning we’re roughly flat.
by David
From the Desk of Kimmy Sokoloff
The market gapped up this morning and came back to fill yesterday’s high.
The market overall bounced off of that gap-fill and held steady until news came out on $AAPL late afternoon.
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by David
From the Desk of Kimmy Sokoloff
That was a huge move overnight in the futures market. We’re currently trading above gap-fill on the SPX at 3,739.
Now, let’s see if we back and fill some.
by David
From the Desk of Kimmy Sokoloff
That was a nice range-bound day for the market overall. The consolidation is healthy.
by David
From the Desk of Kimmy Sokoloff
Overnight, the futures held Friday’s lows, and now we’re back up against resistance.
Not too many names stand out to me right now, I think maybe because they just keep going back and forth.
by David
From the Desk of Kimmy Sokoloff
It’s like Thursday never happened.
I was looking for a consolidation, with a possibility of $SPY 364 to hold roughly.
That was not the case.