From the Desk of Kimmy Sokoloff

It's a real tug of war between the bulls and the bears.

Each day we start the morning lower, and then we gradually trend higher.

Someone will win soon.

From the Desk of Kimmy Sokoloff

It's been a slow grind up and a real tug of war for the indices.

The market seems really tired, but it hasn't broken down.

From the Desk of Kimmy Sokoloff

The common theme over the past week has been to grind lower in the morning and then move back up in the indices.

It doesn't...

From the Desk of Kimmy Sokoloff

Futures are up nicely this morning, and $SPY is above 415.

We need to hold this level to head up to 421.

From the Desk of Kimmy Sokoloff

It was a sleepy market, and then the indices started to trend back up.

$SPY needs to get above 415 to get a...

From the Desk of Kimmy Sokoloff

Last week was a battle.

It was a complete tug of war.

From the Desk of Kimmy Sokoloff

$SPY hit the 415 mark and then pulled in.

And then this market limped into the close.

Tech was weak...

From the Desk of Kimmy Sokoloff

Bank stocks are taking off this morning after some of their earnings releases, while tech stocks seem weak again.

It seems to be the theme of the week.

From the Desk of Kimmy Sokoloff

Today was quite a turnaround.

We went from a bearish pattern to right back on course!

It's been a choppy week.

From the Desk of Kimmy Sokoloff

$QQQ dropped yesterday to its 21-day moving average, and $SPY fell to its eight-day moving average at 407.50.

I was looking at $MRK yesterday...

From the Desk of Kimmy Sokoloff

It's a very sloppy market.

Either we're digesting to head higher or we're going to head lower right here.

From the Desk of Kimmy Sokoloff

We've got the March CPI data coming out at 8:30 a.m. ET.

I have no idea which way the market will swing.

From the Desk of Kimmy Sokoloff

Slim pickings in this market.

There are trades out there.

But we aren't getting enough follow-through.

From the Desk of Kimmy Sokoloff

Futures up a tad this morning.

The market awaits tomorrow's CPI print.

From the Desk of Kimmy Sokoloff

Price action was sloppy early and then, around midday, the indices started to trend higher.

The morning trading was trying to...

From the Desk of Kimmy Sokoloff

Happy Monday!

Tech names were strong on Thursday.

We'll see if we get follow-through. $SPY and $QQQ are flagging at the moment.

From the Desk of Kimmy Sokoloff

For a short week it really was kinda long.

We had a nice consolidation over these four days.

We'll see if we can...

From the Desk of Kimmy Sokoloff

Happy Easter to all those celebrating this weekend!

The market is in consolidation mode, and we'll soon find how much more it needs.

From the Desk of Kimmy Sokoloff

The market surely did consolidate today, but the action was extremely whippy.

Tech led the way lower, but there isn't any...

From the Desk of Kimmy Sokoloff

Happy Passover to those who celebrate!!

The market is trying to consolidate, as it should, and I think it needs more of it. I'd like a healthy pull into $SPY 405 or so.

From the Desk of Kimmy Sokoloff

That was a healthy contraction today.

I would think we still need more of a pull-in, but time will tell.

From the Desk of Kimmy Sokoloff

Another gap higher this morning for the indices.

We might hit $SPY 421 quicker than thought if we keep up this pace.

From the Desk of Kimmy Sokoloff

It was a slow day for the market, and then, late in the day, we started to ramp higher.

I'd  think $QQQ...

From the Desk of Kimmy Sokoloff

Happy April...

And what a move the market has made!