Swing Trader Pro: Afternoon Briefing (12-16-2022)

Here are today’s trades:

• I shorted $MS on Dec. 7 at 87.20 and on Dec. 13 at 93. I covered today at 86.30.
• I shorted $ADBE at 347 and covered at 345.03.
• I bought $MMM at 120.10 and sold at 120.64.

I booked two losers:

• I bought $NKE at 107.32 and sold at 106.61.
• I bought $MMM at 120.68 and sold at 120.37.

I have open long positions in $SHOP, $CAT, $GS, $IWM, and $ARKK.

To get a “Santa Rally” SPY needs to get above 385.6. Otherwise, we can head down to 377, then 375.

Have a great weekend. Look for the Morning Briefing on Monday.