From the Desk of Kimmy Sokoloff

PPI data for September is coming out at 8:30 a.m. ET.

The market could be a little volatile.

From the Desk of Kimmy Sokoloff

The market had a nice move this morning, and then we pulled in when $SPY moved above the 437 level.

Either this recent move needs a rest and consolidation, or we're pulling in further.

From the Desk of Kimmy Sokoloff

Futures are bright this morning.

I mentioned yesterday that there's potential to 438 on $SPY.

From the Desk of Kimmy Sokoloff

Happy Thanksgiving to my fellow Canadians!

The market was very resilient today considering what's going on.

If $SPY continues on this path higher there's potential to 438.

From the Desk of Kimmy Sokoloff

That was a powerful day on Friday for the indices.

Futures are lower this morning due to the attack on Israel.

From the Desk of Kimmy Sokoloff

The market had its rally cap on today.

It wasn't looking so great in the morning.

But it ramped higher with force into the weekend...

From the Desk of Kimmy Sokoloff

Futures are giddy this morning.

Let's see how $SPY holds on to the 425.50 area.

From the Desk of Kimmy Sokoloff

The market started the day trending higher.

Then all the indices completely reversed.

Then they went back up.

It was tough trading.

From the Desk of Kimmy Sokoloff

$QQQ pushed past its eight-day moving average.

Now we need to see if the indices have continuation today.

From the Desk of Kimmy Sokoloff

The indices had somewhat of a tiny relief bounce.

But it wasn't really much to speak of...

From the Desk of Kimmy Sokoloff

I think the S&P 500 has potential to drop below its 200-day moving average and snap back.

I think we can have another push lower, and then we get relief.

From the Desk of Kimmy Sokoloff

No reprieve from the selling today, an ugly one overall.

$SPY is nearing its 200-day moving average.

It might be a wild day tomorrow, too.