From the Desk of Kimmy Sokoloff

It's Fed Day, and we know the drill...

Up, down, and all around.

[10/19/23 Update: moved stop to 125]

If stock markets are about to recover and start another leg higher back towards all-time highs, I have a hard time imagining a scenario where Google (Alphabet) $GOOG doesn't at...

These tiny banks have been in trouble for quite some time.

That we know.

The question has been more about whether or not the...

The big story on today's list is that executives from some of the most severely damaged banks are still filing Form 4s.

Here's yesterday's list:

• Texas Capital Bancshares $TCBI
• Zions...

From the Desk of Kimmy Sokoloff

This is a big day, with the FOMC set to announce an interest rate decision at 2:00 p.m. ET.

We had a late-day bounce yesterday -- typical, as this market loves to levitate.

I imagine it’s not uncommon for people to realize sooner or later that the person they thought they were is not at all who they really are. Perhaps not even close.

From the Desk of Kimmy Sokoloff

The market took a decent dive early today, but after lunch time we saw a decent bounce. Perhaps it was short covering.

We don...

The largest insider buy on today’s list comes in a Form 4 filing by Impinj, Inc. $PI director Steve Sanghi.

Sanghi reported a purchase of PI shares worth $1,997,500.

From the Desk of Kimmy Sokoloff

$SPY bumped right against its Bollinger band yesterday and dropped.

We had a pretty decent-sized move last...

It's that time of the year again.

I keep being told to 'Sell in May and Go Away'.

But...

From the Desk of Kimmy Sokoloff

The market is still trucking along and going higher.

$SPY does have potential to the February high at 418.31...