From the Desk of Kimmy Sokoloff

It was a short week in the market, and the indices are making new highs this morning.

The past few Fridays have been bullish, so we'll see if we hold these pre-market gains.

From the Desk of Kimmy Sokoloff

Wow, what a way to start the month of June.

The market was full speed ahead.

From the Desk of Kimmy Sokoloff

Happy June! Welcome summer!

The market as of now is a little mute after the signing of the debt ceiling deal.

$SPY held support yesterday at 416.70.

From the Desk of Kimmy Sokoloff

It's like a hangover: The market was in party mode all last week, and now it's coming off its high.

$SPY has support at 416.70. Below that is 414.51.

From the Desk of Kimmy Sokoloff

Today is the last day of May!

We started the month as high as 417 on $SPY and, as of now, we're at 419.

$QQQ was the leader -- the only index that had real strength, the others not so much.

From the Desk of Kimmy Sokoloff

The market seemed very slow today after a long holiday weekend.

As of now, the indices are consolidating.

From the Desk of Kimmy Sokoloff

As I write this note, $SPY has finally filled its gap pre-market at 421.22.

The push higher was brought on by the debt ceiling deal.

From the Desk of Kimmy Sokoloff

Typical market action on a pre-holiday weekend trading day: Rally time!

The indices were up more than 1%, and we're heading into gap-fill on $SPY.

Enjoy your Memorial Day.

From the Desk of Kimmy Sokoloff

Happy Memorial Day, and thank you to our Veterans!

It's Friday, and it's options expiration, so trading is bound to be more difficult today.

From the Desk of Kimmy Sokoloff

This market can easily whip you around.

We have the Nasdaq really doing all the lifting.

There are a lot of negatives under the hood.

From the Desk of Kimmy Sokoloff

It's $NVDA's world!

What a stellar earnings report for this company.

But, at the same time, it's a crowded long.

From the Desk of Kimmy Sokoloff

Wild markets today, and $DIA is riding a very fine line here. It's right at its 200-day moving average.

If it falls through, there's potential down to 322.50.