From the Desk of Kimmy Sokoloff

What a week, what a day...

The market was full speed ahead for the end of the quarter.

From the Desk of Kimmy Sokoloff

Today is quarter's end, and they surely window-dressed this week. Hey, we might even continue higher from here.

$SPY is nearing next resistance at 405, and after that is 408....

From the Desk of Kimmy Sokoloff

We're seeing another gap up in the indices today.

I said on Monday that we could see window-dressing before quarter's end, and that's exactly what's going on.

From the Desk of Kimmy Sokoloff

The market is trying to push past the 4,000 level on the $SPX.

If we can manage to hold, there's potential...

From the Desk of Kimmy Sokoloff

We're seeing a decent-sized gap up this morning.

Now we have to see if the indices hold on to the gap or back and fill.

From the Desk of Kimmy Sokoloff

The market isn't mustering up the power to trend higher just yet.

I'd like $SPY to hold 392 and hopefully...

From the Desk of Kimmy Sokoloff

In this market, we need to be on our toes.

In a bull market, I wouldn't have protection on.

But in this market, it's wise to do so.

From the Desk of Kimmy Sokoloff

We saw a nice gap up this morning for the indices.

Then they came back down.

From the Desk of Kimmy Sokoloff

That was a nice reversal Friday after the early morning drop.

We still need to get back above 400 on $SPY.

From the Desk of Kimmy Sokoloff

I like to say this market is not for the faint of heart.

This morning we're trading below the 200-day moving average on $SPY.

Unless we recover 392.44 we can head back...

From the Desk of Kimmy Sokoloff

This market can't get its act together.

It started off strong, then it faltered.

From the Desk of Kimmy Sokoloff

We saw a swift reversal down in the indices yesterday after the Fed's rate-hike announcement.

Now we need to see if we stabilize in here to trend back up or break down.

From the Desk of Kimmy Sokoloff

It was a sleepy morning for the market...

And, of course, that changed as the day went on.

From the Desk of Kimmy Sokoloff

It's a big day today.

Will the Fed raise by 50 basis points or 25 basis points? Or will it do nothing? I'm thinking 25 basis points.

However it turns out, expect volatility.

From the Desk of Kimmy Sokoloff

It was a nice day in the market overall.

We gapped up but didn't pull back into yesterday's high on the indices.

From the Desk of Kimmy Sokoloff

The market is gapping up nicely into the next resistance zone.

For $SPY, we have to watch this 396.50 area. If it can clear this level, there's room to 400.

Otherwise it...

From the Desk of Kimmy Sokoloff

The market was very whippy today, and I believe it will be this way till after the Fed on Wednesday.

We'll take it day by day...

From the Desk of Kimmy Sokoloff

It's been a very volatile year so far, and we have the Fed this week, so expect even more chop.

I really wanted $SPY to close above its 200-day moving average, but that didn't...

From the Desk of Kimmy Sokoloff

As of midday, the market's pulling in.

It's due for a rest, and we have the Fed next week.

From the Desk of Kimmy Sokoloff

Happy St. Patrick's Day!

And TGIF!!

Will we have a green close today?

Time will tell.

From the Desk of Kimmy Sokoloff

Well, it's certainly nice to see some green on the screen!

$SPY made it above 393, and $QQQ...

From the Desk of Kimmy Sokoloff

Futures were all over the place in the middle of the night.

Lets see if the market can gain some footing and continue higher.

From the Desk of Kimmy Sokoloff

This morning it looked like we were heading into the abyss.

Then came a decent bounce, led by tech stocks.

From the Desk of Kimmy Sokoloff

Well, they don't call it Schlump Day for nothing.

The market is getting hit this morning, as the bank mess could be spilling over to other sector.

Today, I'm watching to see how...