From the Desk of Kimmy Sokoloff

We're still range-bound, and tomorrow could potentially be a deciding factor on which way this market leads over the next few weeks...

From the Desk of Kimmy Sokoloff

This is going to be a volatile week, with CPI data tomorrow and the Fed on Wednesday. Be on your toes, monitor your positions, and have your stops tight.

The indices are in a battle zone. The...

From the Desk of Kimmy Sokoloff

Another day, another chop fest.

We can stay like this until next Thursday.

From the Desk of Kimmy Sokoloff

We're indicating a higher open in the pre-market.

And we're currently above the eight-day moving average on the $SPX at 3,982. 

From the Desk of Kimmy Sokoloff

The $SPX ran right into resistance today at 3,980 then pulled back in.

We really need above that level to...

From the Desk of Kimmy Sokoloff

Futures are up a bit this morning, but we're still range-bound.

We have data out at 8:30 a.m. ET. We'll see if that has an influence over the market today.

From the Desk of Kimmy Sokoloff

This market is range-bound at the moment. $SPY is stuck between 395 and 390.

The market truly might be...

From the Desk of Kimmy Sokoloff

The trek lower in the indices continues.

We're near $SPX 3,900 support. After that it's 3,860.

We need to recapture 3,960 to head back uphill.

From the Desk of Kimmy Sokoloff

The market took another hit today. We broke below last week's lows and plowed through support levels.

The $SPX...

From the Desk of Kimmy Sokoloff

As of early this morning, futures are flat. The $SPX rejected the 200-day moving average yesterday and dropped right into support.

I'll be watching to see if SPX 3,962 is held...

From the Desk of Kimmy Sokoloff

What a wipeout in the indices. We've almost retraced all of last week’s move.

The $SPX broke below 4,050,...

From the Desk of Kimmy Sokoloff

The indices are pulling in this morning.

We're still in consolidation mode after last week's rally.

From the Desk of Kimmy Sokoloff

After this morning’s dip lower, the $SPX mostly based around its 200-day moving average.

Overall, it was a...

From the Desk of Kimmy Sokoloff

We have jobs data being released at 8:30 .m. ET this morning that could set the stage for the indices today.

The market based nicely yesterday. As long as the 200-day moving average on the...

From the Desk of Kimmy Sokoloff

A consolidation day it sure was.

As long as the $SPX hangs on to to 4,050, we have potential to trade...

From the Desk of Kimmy Sokoloff

What a day.

The indices rallied off of Powell’s speech, and the $SPX crossed the 200-day moving average....

From the Desk of Kimmy Sokoloff

I think it could be a decision day for the indices, and we're either setting up for a ripper or a decent drop.

The $SPX needs to get above 3,972. If it does, we can see 4,000-...

From the Desk of Kimmy Sokoloff

Overall, the market acted weak today.

The $SPX remained below its eight-day moving average, which is at 3,...

From the Desk of Kimmy Sokoloff

Futures are up this morning.

What we want to see if this market is going to head higher is that we get above $SPX 3,977.

Support is at SPX 3,956, then 3,933.

From the Desk of Kimmy Sokoloff

It was a down day for the market. Things felt sleepy, or just a little slow.

People are probably still traveling back from...

From the Desk of Kimmy Sokoloff

The market is currently pulling into the $SPX 4,000 support level.

If we break below it here, we can head to SPX 3,981.

From the Desk of Kimmy Sokoloff

That was an uneventful day.

The best thing that happened is that I called out a $BA long trade in the live...

From the Desk of Kimmy Sokoloff

I hope everyone had a nice Thanksgiving!!

Today is a half day of trading, so let's see if the bull still pushes on. 

From the Desk of Kimmy Sokoloff

It was a decent morning for us, a few decent trades to send us off into the holiday!!

The market is trying to breakout, and...