From the Desk of Kimmy Sokoloff

The market has been in a steady decline since mid-September.

I'll be truthful: As of right now, not too much is interesting to me.

I need to see how stocks act today.

From the Desk of Kimmy Sokoloff

We had a little bit of a bounce during the morning hours.

We'll see how the indices react next week.

From the Desk of Kimmy Sokoloff

To those who celebrate, I wish you a blessed year ahead!

The market is bouncing some. I'd like another push lower, but we can see a bounce shortly.

From the Desk of Kimmy Sokoloff

$SPY dropped to the zone I was looking for.

Now we'll see if we have a bounce attempt.

From the Desk of Kimmy Sokoloff

Yesterday morning I mentioned that we could see either $SPY drop to the 435-to-437 zone or it bounce up to 447.

We're at 435 this morning.

We'll see if we have some oversold bounces.

From the Desk of Kimmy Sokoloff

It was a Fed day, not much more to say.

It was very volatile, and tomorrow we should get more of a true direction.

From the Desk of Kimmy Sokoloff

FOMC on deck!

Now we'll either see a quick pop up to 447.70 on $SPY or a drop down to 437 to 435.

Pre-market indices are trading higher.

From the Desk of Kimmy Sokoloff

It was a slow day, and the market just drifted lower.

We'll see what happens tomorrow after the FOMC announcement.

From the Desk of Kimmy Sokoloff

The indices are stuck under their respective moving averages.

This is making it harder to find opportunities to trade.

From the Desk of Kimmy Sokoloff

This is a very choppy market.

$SPY bumped up to resistance at 445 then dropped lower.

We can stay volatile this whole week.

From the Desk of Kimmy Sokoloff

Let's see what this week brings, as we have the FOMC on Wednesday.

Next support down on $SPY is 440.

From the Desk of Kimmy Sokoloff

Happy New Year to those who celebrate Rosh Hashanah!

The market took a nosedive today.

And there's potential for continued weakness next week.