From the Desk of Kimmy Sokoloff

Happy Fourth of July!

After Friday's big gap up, the market is kind of flat this morning.

As investors, the first step in deciding whether to buy something or not is to identify the direction in which price is heading.

So many investors out there choose to skip...

From the Desk of Kimmy Sokoloff

We saw some big gaps for the indices all around today.

It's hard to take trades when it's like this, as the move in most...

Today’s Hot List is a short one.

Pierce Norton, the president and CEO of ONEOK Inc $OKE, filed a Form 4 revealing a purchase of the oil and gas stock.

From the Desk of Kimmy Sokoloff

Happy Fourth of July weekend!

Monday is an early close for the market, and today is month-end, quarter-end, and options expiration. $SPY is right into the gap I spoke about all week at 438.97...

From the Desk of Kimmy Sokoloff

It was a very mixed market today, with a lot of weakness.

$DIA and $IWM led the pack.

The most significant transaction on today's list comes in a Form 4 filing by Warren Buffett and Berkshire Hathaway.

Buffett just bought an additional 2,138,250 shares in Occidental Petroleum Corp $OXY. This is his first purchase in almost a...

From the Desk of Kimmy Sokoloff

I mentioned yesterday in the Live Trading Room that $SPY can head into its gap at 438.97 this week.

The market is happy because all banks passed their stress tests.

Sector rotation is the lifeblood of a bull market.

We saw it at the beginning of the year as the laggards caught up to the leaders.

From the Desk of Kimmy Sokoloff

We saw pretty volatile moves in some names.

Fed Chair Jerome Powell spoke, and he has another public appearance tomorrow.

The most significant transaction on today's list comes in a Form 4 filing by Madison Square Garden Entertainment Corp $MSGE director Thomas C. Dolan.

Dolan reported the acquisition of 322,580 MSGE shares, equivalent to roughly $10 million.

Is it time to just hold your nose and buy Disney down here?

Sector rotation has been working.

The laggards are catching a bid....

From the Desk of Kimmy Sokoloff

We had a nice ramp up yesterday. I called out $SPY at 434.34 for a move to 436.60 in the Live Trading Room.

The market is pulling in this morning, and Fed Chair Jerome Powell...

From the Desk of Kimmy Sokoloff

I mentioned this morning that odds favored a bounce.

$SPY broke above its eight-day moving average and...

The most significant transaction on today's list comes in a Form 4 filing by Hadi Partovi, director of Axon Enterprise Inc $AXON.

Partovi reported an AXON purchase worth $4.7 million.

From the Desk of Kimmy Sokoloff

$SPY and $QQQ had played catch-up to $DIA and $IWM, but they've moved down to their respective 21-day moving averages.

We've...

From the Desk of Kimmy Sokoloff

It was a choppy market today, with the indices pulling in.

We'll see how $SPY handles the 430 area.

The most significant transaction on today's list comes in a Form 4 filing by Carl Icahn.

Icahn revealed a purchase of $531,478 in Southwest Gas Holdings $SWX.

From the Desk of Kimmy Sokoloff

It's a quiet morning so far for the market.

We'll see how the indices handle their respective moving averages this week.