Swing Trader Pro: Afternoon Briefing (12-21-2022)
Here are today's trades, including updates from yesterday too:
- I shorted $CLX on Dec. 20 at 142.19 and covered half at 141.55.
- I shorted $MCD on Dec. 19 at 265.46 and covered at 265.40; it wasn't moving.
- I bought $TQQQ on Dec. 20 at 18.38 and sold today at 18.99.
- I shorted $NKE at 118 and 117.56 and covered at 116.60.
- I bought $ADBE at 342.83 and sold at 343.83.
- I called out $MRNA at 207 for a move to 208, 208.50.
I booked two losers today:
- I shorted $TMUS at 139.60 and covered at 140.35.
- I bought $LULU at 319.71 and and sold at 318.71. There was a profit up to 320.40, but I didn't take it.
I have open long positions in $IWM, $ARKK, and $SHOP and open short positions in $CLX, $WYNN, and $CAT.
Now we need to see if the indices can push past the 50-day moving average and back to $SPX 3,900 or so.
I'd like to see 3,850 held over the coming days.
Look for the Morning Briefing on Thursday.
And please reach out with any questions.
All Star Charts Team