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Swing Trader Pro: Afternoon Briefing (12-05-2022)

December 5, 2022

From the Desk of Kimmy Sokoloff

What a wipeout in the indices. We've almost retraced all of last week’s move.

The $SPX broke below 4,050, and it was downhill all day. 

Here today's trades, starting with the losers:

  • I recommended $AAPL first thing in the morning at 148 for a target to 149.30. Unfortunately, I didn't capture that. I thought it would push through, so I bought at 151.72 and sold at 147.57.
  • I bought $META at 124.37 and sold at 123.02.
  • I bought $APA at 47.69 and sold at 47.01.

Here are the winners:

  • I called out $NVDA at 168.50 for a move to 170. It went to 169.96
  • I bought $VLO at 123.22 and managed to sell at 123.40. It was not moving.

I have multiple open positions:

  • I'm long $SQQQ, a hedge that's helping my other longs.
  • I'm short $AMZN.
  • I'm long $SHOP.
  • I'm long $ZIM.

Next support on the SPX is at 3,961, then 3,937.

I was stopped out a lot today.

Look for the Morning Briefing on Tuesday.

And please reach out with any questions.

All Star Charts Team