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...

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...

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...

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.

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.

From the Desk of Kimmy Sokoloff

The market keeps trying to hold these levels.

It would be a lot less painful if we had a quick swoosh lower.

From the Desk of Kimmy Sokoloff

No love for October yet, but be patient!

If $SPY really pushes past this 425.50 area, there's potential to...

From the Desk of Kimmy Sokoloff

Futures were up overnight, and then poof, we're now back to flat.

Remember, the market couldn't get going on Friday...

From the Desk of Kimmy Sokoloff

The market gapped up this morning, and then the indices dropped into their respective gaps.

We'll know more next week about...

From the Desk of Kimmy Sokoloff

Out goes September and in comes October.

We've seen that October can be bumpy for the first few weeks and then level out as we approach Halloween.

From the Desk of Kimmy Sokoloff

We finally had a bounce...

Now, in order to continue higher, $SPY needs to stay above 432.

From the Desk of Kimmy Sokoloff

What I'll be looking for today is if $SPY can hold on to the 425.50 area.

We need to defend this area.

Otherwise, we can head quickly down to 420 and then the 200-day...

From the Desk of Kimmy Sokoloff

Today $SPY closed the gap I spoke about at 422.92, and we bounced.

We'll see if we continue higher tomorrow...

From the Desk of Kimmy Sokoloff

As of now, $SPY is holding the 425 area.

We could see a bounce, but I think it would be short-lived.

Again, not a ton of names stand out to me.

From the Desk of Kimmy Sokoloff

It was straight selling all day, no bounces.

$SPY has some support here at 425, then 422.92.

There's...

From the Desk of Kimmy Sokoloff

Yesterday we saw the market enjoy a decent bounce, but this morning it's like that move never happened.

 The indices are indicating at the lower range.

Once again, not too many names are...

From the Desk of Kimmy Sokoloff

Overall, that was a decent bounce today.

We'll see if it continues through the week.

If we do get a heavy one,...