From the Desk of Kimmy Sokoloff

Happy Fourth of July weekend!

Monday is an early close for the market, and today is month-end, quarter-end, and options expiration. $SPY is right into the gap I spoke about all week at 438.97...

From the Desk of Kimmy Sokoloff

It was a very mixed market today, with a lot of weakness.

$DIA and $IWM led the pack.

The most significant transaction on today's list comes in a Form 4 filing by Warren Buffett and Berkshire Hathaway.

Buffett just bought an additional 2,138,250 shares in Occidental Petroleum Corp $OXY. This is his first purchase in almost a...

From the Desk of Kimmy Sokoloff

I mentioned yesterday in the Live Trading Room that $SPY can head into its gap at 438.97 this week.

The market is happy because all banks passed their stress tests.

Sector rotation is the lifeblood of a bull market.

We saw it at the beginning of the year as the laggards caught up to the leaders.

From the Desk of Kimmy Sokoloff

We saw pretty volatile moves in some names.

Fed Chair Jerome Powell spoke, and he has another public appearance tomorrow.

[11/16: stop updated to 32]

If it ain't broke, don't fix it.

We've been witness to many charts, that look like today's setup, breaking out and turning into big winners in recent months. And with very few signs...

The most significant transaction on today's list comes in a Form 4 filing by Madison Square Garden Entertainment Corp $MSGE director Thomas C. Dolan.

Dolan reported the acquisition of 322,580 MSGE shares, equivalent to roughly $10 million.

Is it time to just hold your nose and buy Disney down here?

Sector rotation has been working.

The laggards are catching a bid....

From the Desk of Kimmy Sokoloff

We had a nice ramp up yesterday. I called out $SPY at 434.34 for a move to 436.60 in the Live Trading Room.

The market is pulling in this morning, and Fed Chair Jerome Powell...

“What are you afraid of?”

JC posed this question to me yesterday on the Morning Show.

From the Desk of Kimmy Sokoloff

I mentioned this morning that odds favored a bounce.

$SPY broke above its eight-day moving average and...

The most significant transaction on today's list comes in a Form 4 filing by Hadi Partovi, director of Axon Enterprise Inc $AXON.

Partovi reported an AXON purchase worth $4.7 million.

From the Desk of Kimmy Sokoloff

$SPY and $QQQ had played catch-up to $DIA and $IWM, but they've moved down to their respective 21-day moving averages.

We've...

From the Desk of Kimmy Sokoloff

It was a choppy market today, with the indices pulling in.

We'll see how $SPY handles the 430 area.