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Swing Trader Pro: Afternoon Briefing (11-17-2022)

November 17, 2022

From the Desk of Kimmy Sokoloff

Today was like a strange pendulum -- back and forth and up and down and all around.

The $SPY tried hard all morning to hold on to the eight-day moving average at 391.40.

Once $AAPL started to move higher, so did the indices -- SPY ran up to 394-plus.

Here are today’s trades:

  • I bought $NOC at 511.60 and sold at 514.
  • I bought $MU at 57.60 and sold at 58.09.
  • I bought $M at 21.88 and sold at 22.17.
  • I bought $AAPL at 149.10 and sold at 149.80.

Here are today’s losers:

  • I bought $TGT at 158.80 and sold at 157.58.
  • I bought $ARKK two times and sold for small losses on both, roughly 20 cents.

I have an open short in $VLO.

We’re still in a tough spot. Time will tell if we drift higher.

We’ll see you live at tomorrow’s open to start the trading day.

And please reach out with any questions.

All Star Charts Team