From the Desk of Kimmy Sokoloff
It’s going to be a busy week, with CPI tomorrow and the Fed on Wednesday.
We must be on our toes and trade tactically.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
It’s going to be a busy week, with CPI tomorrow and the Fed on Wednesday.
We must be on our toes and trade tactically.
by JC
The new 52-week highs list keeps on getting longer.
You can add the S&P500 ETF $SPY to that list now.
Here’s what that looks like: [Read more…]
by David
From the Desk of Kimmy Sokoloff
It wasn’t the strongest Friday, but $SPY did take out the August high.
Next week will be a big one for data. I still think we can see SPY 422.92 sooner versus later.
by David
The most significant transaction on today’s list comes in a Form 4 filing by Thomas W. Warsop III, president and chief executive officer of ACI Worldwide Inc $ACIW.
Warsop revealed the acquisition of 43,000 shares of ACIW, equivalent to $1 million.
by David
From the Desk of Kimmy Sokoloff
It’s Friday again, and it’s options expiration again.
Trading can be harder on days like these, so it’s a good idea to trade smaller.
by David
From the Desk of Kimmy Sokoloff
Even though the indices trended higher today, it felt like we weren’t moving at all.
Tomorrow is Friday, and for the past few weeks they’ve been running the market higher. [Read more…]
by JC
If this is a bull market, then what comes next?
Breadth Expansion.
More upside participation.
Sector Rotation.
The list of the 52-week highs getting longer.
We’ve been betting that this is a bull market since last year. That has worked in our favor.
But what does the market need to do to reiterate that we are still, in fact, in a strong, healthy bull market?
More new highs.
Here’s a look at the NYSE new 52-week highs list creeping higher in recent weeks. [Read more…]
by David
The largest insider buy on today’s list comes in a Form 4 filing by the executive vice president and chief people officer of Stericycle $SRCL.
That purchase was worth $308,618.