The largest insider buy on today’s list comes in a Form 4 filing by Bihua Chen, the CEO of Cormorant Asset Management.

Chen revealed a purchase of $16.7 million in MoonLake Immunotherapeutics $MLTX.

From the Desk of Kimmy Sokoloff

We saw a swift reversal down in the indices yesterday after the Fed's rate-hike announcement.

Now we need to see if we stabilize in here to trend back up or break down.

We don't have bull markets without Financials.

Go back and check for yourself.

So this one, by definition, has to be the chart...

From the Desk of Kimmy Sokoloff

It was a sleepy morning for the market...

And, of course, that changed as the day went on.

The largest insider buy on today’s list comes in a Form 4 filing by Steven Klinsky, a director of New Mountain Finance Corporation $NMFC.

Klinsky reported a purchase of roughly $1.1 million.

From the Desk of Kimmy Sokoloff

It's a big day today.

Will the Fed raise by 50 basis points or 25 basis points? Or will it do nothing? I'm thinking 25 basis points.

However it turns out, expect volatility.

From the Desk of Kimmy Sokoloff

It was a nice day in the market overall.

We gapped up but didn't pull back into yesterday's high on the indices.

The largest insider buy on today’s list comes in a Form 4 filing by Joe Craft, president and CEO of Alliance Resource Partners $ARLP.

Craft reported a purchase of roughly $2.7 million.

From the Desk of Kimmy Sokoloff

The market is gapping up nicely into the next resistance zone.

For $SPY, we have to watch this 396.50 area. If it can clear this level, there's room to 400.

Otherwise it...

From the Desk of Kimmy Sokoloff

The market was very whippy today, and I believe it will be this way till after the Fed on Wednesday.

We'll take it day by day...

The most significant insider activity on today’s list comes in a series of Form 4 filings by the CEO and CFO of Capri Holdings Limited $CPRI.

The two executives combined for purchases in excess of $10 million last week.

From the Desk of Kimmy Sokoloff

It's been a very volatile year so far, and we have the Fed this week, so expect even more chop.

I really wanted $SPY to close above its 200-day moving average, but that didn't...

We saw a very respectable 1.4% rally in the S&P500 this week.

But the index is ...

From the Desk of Kimmy Sokoloff

As of midday, the market's pulling in.

It's due for a rest, and we have the Fed next week.

The largest insider buy on today’s list comes in a Form 4 filing by Cormorant Asset Management.

Cormorant revealed a purchase of roughly $10 million in Ambrx Biopharma $AMAM.

From the Desk of Kimmy Sokoloff

Happy St. Patrick's Day!

And TGIF!!

Will we have a green close today?

Time will tell.

From the Desk of Kimmy Sokoloff

Well, it's certainly nice to see some green on the screen!

$SPY made it above 393, and $QQQ...