From the Desk of Kimmy Sokoloff

The market is riding a thin line.

There's potential for $SPY to drop down to 440 if we can't rally above 446.

From the Desk of Kimmy Sokoloff

The S&P 500 dropped right down to the breakout level from last week.

Question is, do we hold or head down to 4,430, then...

From the Desk of Kimmy Sokoloff

It's slim pickings with stock selection. Not a ton of things looking great right now.

The indices are pulling in, and I'm watching the eight-day moving average on $SPY at 447.48...

From the Desk of Kimmy Sokoloff

The market was pretty much range-bound most of the day.

There were nice opportunities in certain stocks.

From the Desk of Kimmy Sokoloff

It's another short week.

And futures are a bit lower...

From the Desk of Kimmy Sokoloff

Happy Labor Day weekend!

The indices hit resistance and pulled in.

I would expect next week to be light trading as...

From the Desk of Kimmy Sokoloff

Hello, September!

Will this month live "down" to its name, or will it surprise us to the upside?

From the Desk of Kimmy Sokoloff

That was the last day of trading in August.

I missed buying $AMZN this morning.

I saw it and spoke...

From the Desk of Kimmy Sokoloff

Goodbye, August!

That was a tough month, and we'll see what September brings.

We've seen a big two-day move for the indices, and we still have two days before the long weekend for...

From the Desk of Kimmy Sokoloff

The market started the day in consolidation mode then kept trying to break out.

We can still see the push in $SPY...

From the Desk of Kimmy Sokoloff

To all my Floridians out there, be safe.

The indices were up over 1% yesterday.

We'll see if we rest and pause or head straight to 453 on $SPY.

From the Desk of Kimmy Sokoloff

That was a very big move for the indices today.

Once $SPY broke out of its resistance zone, this one and the...

From the Desk of Kimmy Sokoloff

The market is really stuck, and names aren't appealing to me at the moment.

We've drifted lower since early August, and now we have a slight bounce in the indices.

Now we need to see if...

From the Desk of Kimmy Sokoloff

Tough sledding today.

The market is caught between two levels, the eight-day moving average and the 21-day.

I traded...

From the Desk of Kimmy Sokoloff

It's the last week of August, and the market had a nice recovery on Friday.

We'll see if $SPY 440 holds for a move back to 444 or not.

From the Desk of Kimmy Sokoloff

It was a very volatile Friday -- up, down, and all around.

That makes for tough trading, and I told the people in the Live...

From the Desk of Kimmy Sokoloff

Happy Friday!

We can expect some volatility today, starting pretty early, due to Jerome Powell speaking at the Fed Symposium in Jackson Hole.

If the market likes what the Fed Chair has...

From the Desk of Kimmy Sokoloff

It was a steady decline most of the day.

We hit resistance on the indices, and they all reversed.

From the Desk of Kimmy Sokoloff

$SPY is now above its moving average.

I mentioned two days ago in the Morning Briefing that a move above 441 can send it to 444.

Here we are.

From the Desk of Kimmy Sokoloff

We saw a nice bounce in the market today.

$NVDA reports after the bell, so that will have some importance...

From the Desk of Kimmy Sokoloff

The dollar is rising, and it's above its 200-day moving average. $SPY is still under resistance at 440.60.

I'll be truthful, not many names are interesting to me. Retail is...

From the Desk of Kimmy Sokoloff

It's a very sloppy and choppy market, and it's hard to trade.

$SPY closed its opening gap up.

From the Desk of Kimmy Sokoloff

On Monday morning I said $SPY could have potential to 441, and on Tuesday morning we're there.

That was a nice reversal yesterday off the 435 level, and now the question is will...

From the Desk of Kimmy Sokoloff

I believe we're in wait-and-see mode until Friday!

It's a "What Will Jerome Say?" market.