From the Desk of Kimmy Sokoloff

The indices had a dead-cat bounce yesterday afternoon, then rolled back over.

We have CPI data for July coming out at 8:30 a.m. ET.

I'll wait till after the print to see how things look...

From the Desk of Kimmy Sokoloff

This morning I mentioned in the Live Trading Room that if we fill the gap on $QQQ down to 368.63 we can potentially...

The largest insider transaction on today’s list comes in a Form 4 filing from Steven J. McLaughlin of fintech-focused investment banking firm FT Partners.

McLaughlin revealed a purchase of $2.9 million in Expensify Inc $EXFY.

From the Desk of Kimmy Sokoloff

It's been slim pickings with regard to stocks to trade, as the indices are in a holding pattern.

I'm sure they'll pick a direction soon.

As we know, August is typically a bumpy month, as...

Over the past few weeks we've been positioning ourselves for a ...

From the Desk of Kimmy Sokoloff

It was a tough day today, with a lot of stop-outs.

The indices are still stuck under their respective resistance zones....

The largest insider transaction on today’s list comes in a Form 4 filing from the CEO and chief business and strategic operations officer of Cerevel Therapeutics Holdings $CERE.

The two executives reported purchases for a combined amount of $2...

From the Desk of Kimmy Sokoloff

Moody’s hampered the mood of the market by downgrading a few of the banks' credit ratings.

Late in the day yesterday, $QQQ started to lift higher, but that's a no-go this...

From the Desk of Kimmy Sokoloff

We have a little bit of a give and take here.

The indices are below their respective resistance levels and, as of now, they'...

The largest insider transaction on today’s list comes in a Form 4 filing by Karin Rotem-Wildeman, Chief Research & Development Officer for Keurig Dr Pepper $KDP.

Rotem-Wildeman reported a purchase of KDP shares worth roughly $1.8 million...

Remember in the back half of last year, when virtually everything was working EXCEPT for Tech stocks?

Well a funny thing happened early in 2023, money rotated into Tech and...

From the Desk of Kimmy Sokoloff

Well, late in the afternoon on Friday the markets took a nosedive.

We'll see how we close this week and whether we stay below resistance levels on the indices.

It took most investors over a year to realize stocks had been in a ...

We held our August Monthly Strategy Session Wednesday night. Premium Members can access and rewatch it here.

Non-members can get a quick recap of the call simply by...

From the Desk of Kimmy Sokoloff

We got a little reprieve from the selling today.

We'll see how the indices handle their respective resistance levels.

The largest insider transaction on today’s list comes in a Form 4 filing by Jeffrey W. Ubben, the co-founder and chairman of ValueAct Capital.

Ubben revealed a purchase of $20 million worth of Exxon Mobil Corporation $XOM stock.

From the Desk of Kimmy Sokoloff

$AMZN had good earnings, $AAPL not so much.

Futures are up some, but it's been a bumpy week.

This is just a friendly reminder that the most bullish period of the entire 4-year cycle has just come to an end.

How'd you do?

...

From the Desk of Kimmy Sokoloff

We have $AMZN and $AAPL earnings after the close.

It was a real tug of war for the indices...

The largest insider transaction on today’s list comes in a Form 4 filing by Loews Corporation.

The American conglomerate reported a purchase of $175 million worth of shares in CNA Financial Corporation $CNA.