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Swing Trader Pro: Afternoon Briefing (11-22-2022)

November 22, 2022

From the Desk of Kimmy Sokoloff

The market chopped around the fist half of the day and rallied into the close.

It's still coiling for a bigger move, I'd like to think.

Here are today’s trades:

  • I bought $X at 24.50 and sold at 24.91. I did mention in the live trading room that my target was 25.40.
  • I bought $MU at 57.36 and sold at 57.62.
  • I shorted $PEP at 185.77 and covered at 185.16.

I booked one loser:

  • I shorted $SE at 52 and covered at 52.99.

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

As I mentioned in today's Morning Briefing, if we hold on to $SPX 3,934, we have room up to 4,020 or so. 

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

And please reach out with any questions.

All Star Charts Team