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

December 12, 2022

From the Desk of Kimmy Sokoloff

We're still range-bound, and tomorrow could potentially be a deciding factor on which way this market leads over the next few weeks.

$SPY is currently at 398, which is resistance.

Here are today's trades:

  • I shorted $NFLX at 317 and covered at 315.78.
  • I bought $SNOW at 148.20 and sold at 148.91.
  • I shorted $AAPL late in the day on Friday, Dec. 9, at 142.15 and covered today at 141.15.
  • I bought $AMZN on Dec. 8 at 90.29 and sold it at breakeven today. I didn't want to hold into the CPI print/reaction tomorrow. 
  • I called out $BA at 184 for a target of 186, which was hit.

I have open long positions in $PAAS and $SHOP and an open short position in $MS.

This rally worries me before a big print tomorrow.

Time will tell.

Look for the Morning Briefing on Tuesday.

And please reach out with any questions.

All Star Charts Team