From the Desk of Kimmy Sokoloff

What a move on Friday!

But we must stay on our toes: We've got CPI this week. 

From the Desk of Kimmy Sokoloff

Happy Cinco de Mayo!

It was a Friday, but we closed out the week strong.

From the Desk of Kimmy Sokoloff

It's been a long week, and a complete chop-fest at that.

We'll see if $AAPL has saved the day.

They had no growth, from what the news says.

From the Desk of Kimmy Sokoloff

What a wild day in the markets...

I think we just need to get $AAPL’s earnings out of the way.

From the Desk of Kimmy Sokoloff

May the Fourth be with you!

We now have the Fed behind us, and there are more bank troubles.

This is worrisome.

From the Desk of Kimmy Sokoloff

It's Fed Day, and we know the drill...

Up, down, and all around.

From the Desk of Kimmy Sokoloff

This is a big day, with the FOMC set to announce an interest rate decision at 2:00 p.m. ET.

We had a late-day bounce yesterday -- typical, as this market loves to levitate.

From the Desk of Kimmy Sokoloff

The market took a decent dive early today, but after lunch time we saw a decent bounce. Perhaps it was short covering.

We don...

From the Desk of Kimmy Sokoloff

$SPY bumped right against its Bollinger band yesterday and dropped.

We had a pretty decent-sized move last...

From the Desk of Kimmy Sokoloff

The market is still trucking along and going higher.

$SPY does have potential to the February high at 418.31...

From the Desk of Kimmy Sokoloff

Happy May!

Here we are, and we have another busy week ahead of us.

From the Desk of Kimmy Sokoloff

The market was full speed ahead today, and this week looks like just a blip on the chart.

At the rate we're going we can see...

From the Desk of Kimmy Sokoloff

As far as earnings go, $AMZN and $GOOGL for Big Tech were the weak links.

$QQQ is almost at its peak price.

From the Desk of Kimmy Sokoloff

That was a stick save by $META, and now we have $AMZN tonight.

$QQQ came...

From the Desk of Kimmy Sokoloff

If you look under the hood, overall this market is weak.

Without Big Tech, there really isn't too much to talk about, except maybe commodities.

From the Desk of Kimmy Sokoloff

Every day last week the market would dip in the morning and rally in the afternoon.

This week has been the opposite: We've...

From the Desk of Kimmy Sokoloff

Two heavyweights reported earnings yesterday and, as of now, $MSFT came out on top.

Now lets see if it holds on to the gains. 

From the Desk of Kimmy Sokoloff

Today was the first real breakdown for the indices, with $IWM leading the way.

For $SPY and...

From the Desk of Kimmy Sokoloff

This market is completely stuck in a range, and we haven't been able to get out of it for at least two weeks.

This morning the indices are back near yesterday’s low.

From the Desk of Kimmy Sokoloff

I think this market might be on hold till Big Tech earnings are behind us.

Time will tell.

From the Desk of Kimmy Sokoloff

We have a big week ahead of us as far as earnings go.

The indices have been holding on for the past two weeks, but we've...

From the Desk of Kimmy Sokoloff

Today was monthly options expiration, and it was slim pickings.

Fridays are always hard to trade, as you can see below: not...

From the Desk of Kimmy Sokoloff

What a week, though we've been pretty much range-bound.

Yesterday we started to dip in the late afternoon.

From the Desk of Kimmy Sokoloff

Wild action again today...

We were down in the morning, then we rallied for a bit till about 2:00 p.m. ET, then we had a...