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Swing Trader Pro: Afternoon Briefing (11-21-2022)

November 21, 2022

From the Desk of Kimmy Sokoloff

That was a very choppy day. And it could potentially be like this all week.

We have multiple Fed speakers this week, with FOMC minutes on Wednesday at 2:00 p.m. ET.

Here are today's trades:

  • I bought $KO at 61.60 and sold at 61.99.
  • I shorted $SQ at 61.97 and covered at 61.41.
  • I shorted $VLO on Nov. 17 at 135 and 133.81 and covered today at 134 and 132.72.

I booked a couple of losers:

  • I bought $DIS at 100.25 and sold at 98.21. This was a very tiny position.
  • I bought $HD at 317.21 and sold at 315. I had a profit of more than $1.50 but was waiting for a tad higher.

I have two open positions, a long in $MSFT and a short in $IBM.

If the $SPX can hang on to 3,934, we have room to the upside.

Have a great night. Look for the Morning Briefing on Tuesday.

And please reach out with any questions.

All Star Charts Team