From the Desk of Kimmy Sokoloff

This morning the market is unchanged.

And we have Fed Chair Jerome Powell speaking at 10:00 a.m. ET.

From the Desk of Kimmy Sokoloff

Trading was pretty sloppy overall, with names struggling for momentum.

Some certainly pulled through, though. 

From the Desk of Kimmy Sokoloff

We had a nice contraction on Friday, and we're indicating lower this morning.

I'll watch to see how $SPY handles the 435 area.

From the Desk of Kimmy Sokoloff

With sloppy Friday action like this, it's about a 50-50 shot we do well.

Happy Father’s Day, and have a great long weekend.

From the Desk of Kimmy Sokoloff

Happy Father’s Day! Have a great long weekend!!

Today is quad witching, so we could see a choppier market and lots of volatility.

From the Desk of Kimmy Sokoloff

I haven't seen a presser of a market like this in a very long time. People are piling in.

It feels like everyone who was late to the party is trying to play catch-up.

From the Desk of Kimmy Sokoloff

The market has a hangover after yesterday's Fed meeting. No rate hike, but Powell might continue to hike down the road.

The indices are extremely overbought. $TGT and $NKE had their first real up days.

From the Desk of Kimmy Sokoloff

After the first hour of trading we were mostly flat.

The Fed did what it had to do, and now we'll watch the markets.

From the Desk of Kimmy Sokoloff

We've got the Fed today, and let's say we sell off.

Even so, it would be a much needed consolidation.

From the Desk of Kimmy Sokoloff

The market was happy with the CPI numbers.

No rest for the weary...

From the Desk of Kimmy Sokoloff

We have CPI for May coming out at 8:30 a.m. ET.

I'll hold off on ideas until I see how the market absorbs the data.

From the Desk of Kimmy Sokoloff

New highs for $QQQ once again...

There hasn't been any cooling off for the indices just yet.

We'll see what this week brings.