From the Desk of Kimmy Sokoloff

What a week.

On Monday in the live trading room I said $SPY is at 407.40, and we are extended to lock in some profits.

I didn't think we'd see SPY 390 in a matter of...

From the Desk of Kimmy Sokoloff

All the major indices broke below their 200-day moving averages.

That's not really what I wanted to see, but it happened.

The biggest Form 4 filing on today's hot list is from Catherine Spear, CEO of FIGS Inc $FIGS.

Spear reported the purchase of 790,000 FIGS shares, equivalent to $4.9 million.

From the Desk of Kimmy Sokoloff

If the market can hold on to yesterday's low, I think there's potential we can head higher.

We really need to push past $SPY 400 with force and head straight to 405, then 408...

From the Desk of Kimmy Sokoloff

Fed Chair Jerome Powell spoke again today, but the market could not get going to the upside.

The semiconductors have been...

We’ve been looking out for this filing since last week!

Right on time, Uncle Warren strikes again with the Berkshire put in Occidental Petroleum $OXY.

From the Desk of Kimmy Sokoloff

The market hit the breaks yesterday after Fed Chair Jerome Powell’s speech.

Powell is to speak again today, which could make for sloppy trading.

From the desk of Steve Strazza @Sstrazza

We held our March Monthly Strategy Session on Monday night. Premium Members can access and rewatch it here.

Non-...

From the Desk of Kimmy Sokoloff

That was a very volatile day, as we had Fed Chair Jerome Powell speaking.

And he's speaking tomorrow too.

Last night was our Live Conference Call that...

The largest insider buy on today's list comes from DISH Network Corporation $DISH co-founder and executive vice-president, James DeFranco. 

DeFranco revealed a purchase of $15.7 million worth of DISH shares in his latest Form 4.

From the Desk of Kimmy Sokoloff

So, the market had a little bit of a rug-pull yesterday.

I'd like $SPY to hold the 404 level, otherwise we run the risk down to 402.

From the Desk of Kimmy Sokoloff

Nice pop this morning in the indices, then we dropped.

I was hoping for $SPY to close the gap at 408 before...

The largest insider buy on today's list comes in a Form 4 filing by Russell J. Weiner, the CEO of Domino's Pizza $DPZ.

Weiner revealed a $1 million purchase of DPZ shares.

From the Desk of Kimmy Sokoloff

It was a big two-day move in the indices. $SPY went from 392 up to 404 -- now that's some power.

I think we can use a rest under the SPY 405 level then potentially push through...

She was always the one.

All along it was the ...

From the Desk of Kimmy Sokoloff

That was a nice Friday with green on the screen!!

Happy to see the follow through from the bounce yesterday afternoon.