From the Desk of Kimmy Sokoloff

We have some big, heavyweight earnings tonight, with $AMZN and $AAPL reporting.

The market is still pulling in, but August is typically a weak month.

We...

From the Desk of Kimmy Sokoloff

$SPY dropped down to its 21-day moving average, and $QQQ broke below its own 21-day.

We'll...

The largest insider transaction on today’s list comes in a Form 4 filing by Blackford (Beau) F. Brauer, director at Commerce Bancshares $CBSH.

Brauer reported a purchase of CBSH shares worth $265,003.

From the Desk of Kimmy Sokoloff

After normal trading hours yesterday, Fitch downgraded the US.

As of now, it's been a muted response. We'll see if it turns into something bigger.

I did tell traders last week having a...

From the Desk of Kimmy Sokoloff

The market is taking a breather.

We still have a lot of earnings to contend with this week.

The only insider transaction on today’s list comes in a Form 4 filing by the CEO of Triumph Group $TGI, Chong Chan Teo.

Teo reported a small purchase of TGI shares worth $101,095.

From the Desk of Kimmy Sokoloff

We're turning the corner into the last stretch of summer.

The market has been very resilient through all negative news.

From the Desk of Kimmy Sokoloff

Today we close out July, and what a month it's been.

The indices trickled higher continuously throughout.

The fact that Energy hasn't even broken out yet really stands out to me.

Energy, and commodities in general, have been left for dead this year.

Investors have forgotten about that third asset class: Commodities.

The largest insider transaction on today’s list comes in a Form 4 filing by John H. Stone, president and CEO of Allegion plc $ALLE.

Stone revealed a purchase of ALLE shares worth roughly $2 million.

From the Desk of Kimmy Sokoloff

Futures are up this morning, go figure!

It's like Groundhog Day.

We have another busy earnings week ahead.

I still don't think the second half of 2023 is going to look like the first half.

A lot of things could be different.

Let's...

From the Desk of Kimmy Sokoloff

It was a nice Friday overall.

It's like yesterday never happened.

The only insider transaction on today’s list comes in a Form 4 filing by Robert W. Stallings, director of Texas Capital Bancshares $TCBI.

Stallings reported a purchase of TCBI shares worth $123,960.

From the Desk of Kimmy Sokoloff

We have some important economic data coming out this morning.

The market did an about-face turn yesterday and drifted lower.

We'll see if they want to keep everyone happy on a Friday and...

From the Desk of Kimmy Sokoloff

That was a big bounce this morning for the indices...

And then we faded, and gaps are getting filled to the downside.