From the Desk of Kimmy Sokoloff

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

The market was full speed ahead.

The largest insider buy on today's list comes in a Form 4 filing by CNX Resources Corporation $CNX director Bernard Lanigan Jr.

Lanigan revealed a purchase of 137,835 shares of CNX.

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...

The largest insider buy on today's list comes in a Form 4 filing by Warren Buffett’s Berkshire Hathaway $BRK.A.

In his third filing since May 17, Buffett reported the acquisition of another 4,660,809 shares, equivalent to $272 million.

This is the big question for me right now. Do we get rotation into the sectors that led this market off the lows last June?

...

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...

From the Desk of Kimmy Sokoloff

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

As of now, the indices are consolidating.

The largest insider buy on today's list comes in a Form 4 filing by Carl Icahn, who revealed a purchase of $11.2 million in Southwest Gas Holdings $SWX.

Icahn now owns 15.65% of outstanding shares of SWX.

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.

You're hearing a lot these days about weakening market breadth.

But if you've noticed, those lies are only coming from journalists and other types of people with no formal...

In bull markets historically there's less of a need, or no need at all, for the safest stocks.

These defensive sectors include areas like Consumer Staples, Utilities,...

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...

The largest insider buy on today's list comes in a Form 4 filing by the executive chairman of Energy Transfer LP $ET, Kelcy Warren.

Warren revealed yet another ET purchase, this one worth  $4.4 million.

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...

The largest insider buy on today's list comes in a Form 4 filing by Baker Bros Advisors LLC.

The hedge fund revealed a purchase of ACADIA Pharmaceuticals Inc $ACAD worth $22 million, increasing its ownership stake to 26.6%.

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.