From the Desk of Kimmy Sokoloff

Happy June! Welcome summer!

The market as of now is a little mute after the signing of the debt ceiling deal.

$SPY held support yesterday at 416.70.

From the Desk of Kimmy Sokoloff

It's like a hangover: The market was in party mode all last week, and now it's coming off its high.

$SPY has...

My spidey senses are beginning to tingle with speculative fervor.

What we're seeing in the AI space as well as in the comeback in cryptocurrencies as of late has me thinking speculative players are soon to begin widening their net to capture...

The largest insider buy on today's list comes in a Form 4 filing by Warren Buffett’s Berkshire Hathaway $BRK.A.

In his third filing since May 17, Buffett reported the acquisition of another 4,660,809 shares, equivalent to $272 million.

This is the big question for me right now. Do we get rotation into the sectors that led this market off the lows last June?

...

From the Desk of Kimmy Sokoloff

Today is the last day of May!

We started the month as high as 417 on $SPY and, as of now, we're at 419.

$QQQ was the leader -- the only index that had...

It's not going to be finished in my lifetime or in yours or my kids' or grandkids'. That's not the point. The point is to get it started.

From the Desk of Kimmy Sokoloff

The market seemed very slow today after a long holiday weekend.

As of now, the indices are consolidating.

The largest insider buy on today's list comes in a Form 4 filing by Carl Icahn, who revealed a purchase of $11.2 million in Southwest Gas Holdings $SWX.

Icahn now owns 15.65% of outstanding shares of SWX.

From the Desk of Kimmy Sokoloff

As I write this note, $SPY has finally filled its gap pre-market at 421.22.

The push higher was brought on by the debt ceiling deal.

You're hearing a lot these days about weakening market breadth.

But if you've noticed, those lies are only coming from journalists and other types of people with no formal...

In bull markets historically there's less of a need, or no need at all, for the safest stocks.

These defensive sectors include areas like Consumer Staples, Utilities,...