From the Desk of Kimmy Sokoloff

Volatility reigns!

Overall, the market consolidated but really couldn't decide if it wanted higher or lower.

The most significant insider buy on today's list is a Form 4 filed by Super Micro Computer $SMCI Director Shiu Leung Chan.

Chan reported a $256,440 purchase of SMCI.

From the Desk of Kimmy Sokoloff

The market finished strong yesterday, and we just might need a little breather before the next move.

It starts with credit.

Bottom line.

This isn't crypto where all these shitcoins can go to zero and it won't matter to anyone who...

From the Desk of Kimmy Sokoloff

The market was in wait-and-see mode with Fed Chair Jerome Powell speaking today.

After he spoke, there was a lot of whip.

The most significant insider buy on today’s list is a Form 4 filing by New York Community Bancorp $NYCB Director Ronald A. Rosenfeld.

Rosenfeld reported a purchase of roughly $756,756 in NYCB.

From the Desk of Kimmy Sokoloff

The market may be in a standstill until after Fed Chair Jerome Powell speaks today.

What I'll be watching for today is whether $SPY can break above 411 and trend back up to 415...

From the Desk of Kimmy Sokoloff

The market was down but pretty much range-bound today.

It was hard to gain traction on the long side, and I was stopped out...

Both Icahn School of Medicine at Mount Sinai and CMLS Holdings LLC filed Form 4s for a combined amount of $40 million in GeneDx Holdings Corp $WGS.

Activist investor and retail industry entrepreneur...

From the Desk of Kimmy Sokoloff

I mentioned in Friday's Morning Briefing that if $SPY really breaks below 412.88, we can see 408.

SPY traded in that range this morning. Currently, 408 is support.

If we...

Stock market bulls have been rewarded over the past 3 months.

And remember, historically these are the best 3 months of the year - November through January.

And then comes the hangover.

Think about those last three months....

"I only trade U.S. Stocks, JC"

"If you can't find a stock in America to buy you're not...

The Value Line Geometric is one of the more underappreciated indexes that we have at our disposal.

The Dow is the OG, the S&P500 is the benchmark and the Nasdaq gets...

I remember last year getting yelled at and trolled online because I was talking about breadth improvement.

Just because their stupid computers weren't telling them that it...

From the Desk of Kimmy Sokoloff

Mega-Cap Tech hung on today, and so did the market. 

$SPY held yesterday's low and headed higher.

We...

The most significant insider buy on today’s list is a Form 4 filing by Greg Hayes, the CEO of Raytheon Technologies $RTX.

Hayes reported a purchase of roughly $1 million in Phillips 66 $PSX, where he serves as a director.

From the Desk of Kimmy Sokoloff

Happy Friday!

Well, the tech heavyweights that reported last night had a bumpy evening.

Question is, will $AMZN, $GOOGL, and $AAPL gap...

If you're short Peloton with the price above those former highs from the back half of last year, I think you're insane.

The squeeze is on here folks.

From the Desk of Kimmy Sokoloff

Markets continued higher today...

And then, around 2:00 p.m. ET, the indices took a much-needed breather.