From the Desk of Kimmy Sokoloff

What a big bounce this morning. Unfortunately, I didn’t hold the $SPY overnight, which was a bad miss.

I’ve been looking for this 373 zone since last week, and we might just get there today. The exact level is 373.44.

[Read more…]

From the Desk of Kimmy Sokoloff

Today was the first “up” day since last Wednesday.

The question is whether we’ll follow through or not.  I wish I had a crystal ball, but I do not.

[Read more…]

From the Desk of Kimmy Sokoloff

What a reversal on Friday in the indices!

There’s not much more to say other than that September was an ugly month.

[Read more…]

From the Desk of Kimmy Sokoloff

What a way to send off September and the third quarter.

But it was to be expected.

[Read more…]

From the Desk of Kimmy Sokoloff

As of now, the S&P 500 is still managing to hold onto the 3,600 level, and the $SPY is at 360.

Should we really break below 360, we can see 359, then 354.80. You can always trade long against the SPY 360 level and use 360 as a stop if you like.

[Read more…]

From the Desk of Kimmy Sokoloff

Yesterday is seeming more like a one-hit wonder, as the indices dropped hard today.

The $QQQ finally played catch-up to the $SPY and hit a new low.

[Read more…]

From the Desk of Kimmy Sokoloff

Futures are lower this morning.

Hopefully, we’re digesting yesterday’s big move in the indices.

[Read more…]

From the Desk of Kimmy Sokoloff

What a day, gains of more than 1% for the major indices across the board.

Yesterday, at around 2:45 p.m. ET, I alerted Swing Trader Pro Members in Rangefinder that I bought the $SPY at 363.80. My target was 368. We hit over 372.

Nice move!

[Read more…]