From the Desk of Kimmy Sokoloff

The $SPX rallied right to its 200-moving average, and it was rejected.

We bounced in the morning due to CPI...

From the Desk of Kimmy Sokoloff

We've got CPI up at bat this morning.

I'm sure we'll see wild swings, so it's hard for me to pick a stock before the data.

From the Desk of Kimmy Sokoloff

Overall, I'll give the market credit: It hung on most of the day.

Tomorrow morning we have a CPI report, so that may be a...

From the Desk of Kimmy Sokoloff

The market is very erratic right now.

Last night the futures were as high as 3,970, and now we're back to 3,900.

From the Desk of Kimmy Sokoloff

What a week.

On Monday in the live trading room I said $SPY is at 407.40, and we are extended to lock in some profits.

I didn't think we'd see SPY 390 in a matter of...

From the Desk of Kimmy Sokoloff

All the major indices broke below their 200-day moving averages.

That's not really what I wanted to see, but it happened.

From the Desk of Kimmy Sokoloff

If the market can hold on to yesterday's low, I think there's potential we can head higher.

We really need to push past $SPY 400 with force and head straight to 405, then 408...

From the Desk of Kimmy Sokoloff

Fed Chair Jerome Powell spoke again today, but the market could not get going to the upside.

The semiconductors have been...

From the Desk of Kimmy Sokoloff

The market hit the breaks yesterday after Fed Chair Jerome Powell’s speech.

Powell is to speak again today, which could make for sloppy trading.

From the Desk of Kimmy Sokoloff

That was a very volatile day, as we had Fed Chair Jerome Powell speaking.

And he's speaking tomorrow too.

From the Desk of Kimmy Sokoloff

So, the market had a little bit of a rug-pull yesterday.

I'd like $SPY to hold the 404 level, otherwise we run the risk down to 402.

From the Desk of Kimmy Sokoloff

Nice pop this morning in the indices, then we dropped.

I was hoping for $SPY to close the gap at 408 before...

From the Desk of Kimmy Sokoloff

It was a big two-day move in the indices. $SPY went from 392 up to 404 -- now that's some power.

I think we can use a rest under the SPY 405 level then potentially push through...

From the Desk of Kimmy Sokoloff

That was a nice Friday with green on the screen!!

Happy to see the follow through from the bounce yesterday afternoon.

From the Desk of Kimmy Sokoloff

The market is indicating higher this morning.

Now let's see if we can have a follow-through day from yesterday.

From the Desk of Kimmy Sokoloff

This morning was very choppy, and then the market straightened itself out.

I mentioned in the live trading room that we're...

From the Desk of Kimmy Sokoloff

We are riding a fine line.

The $SPX and the $NAS are sitting right at their respective 200-day moving averages. The $RUT is the strongest as of...

From the Desk of Kimmy Sokoloff

March has started off on shaky ground.

The $SPX tested the 200-day moving average at 3,940 again.

It...

From the Desk of Kimmy Sokoloff

Hello March!

With the futures being up this morning, it's like yesterday's close didn't happen.

We must stay on our toes.

From the Desk of Kimmy Sokoloff

The market was all over the place today.

And they pushed it lower the last hour of trading.

From the Desk of Kimmy Sokoloff

February, I won't be sad to see you go!

It's been a very choppy month, and, as of now, we look to close lower overall for the past 28 days.

From the Desk of Kimmy Sokoloff

We saw a nice gap up on the $SPX today, but we weren't able to hold on to 4,000 or 4,017.

The market decided...

From the Desk of Kimmy Sokoloff

The $SPX had about a hundred-point drop in a span of a week's time.

It'll take a bit of proving if this market wants to rally.

From the Desk of Kimmy Sokoloff

The market was straight down most of the day.

We saw a little bounce, but nothing that impressive.