Skip to main content

Swing Trader Pro: Afternoon Briefing (01-09-2023)

January 9, 2023

From the Desk of Kimmy Sokoloff

Overall, that was a nice move in the market today.

As the day went on, though, the indices did pull in.

Here are today’s trades:

  • I bought $UNG on Jan. 5 at 11.97 and sold today at 12.40.
  • I bought $COIN at 35.36 and sold at 36. I should have held it a lot longer.
  • I bought $ADBE at 345.49 and sold at 347.
  • I shorted $BABA at 109.34 and covered at 108.30.
  • I shorted $V at 221.02 and covered at 220.50.
  • I shorted $NFLX at 319.60 and covered at 318.60.
  • I shorted $FCX at 43.63 and covered at 42.88.

I also called out $TSLA at 120.50 with a target of 123 and $AMAT at 107.50 with a target of 108.50.

I booked a coupe of losers:

  • I bought $VLO at 131.39 and sold at 130.35.
  • I bought $MS at 88.60 and sold at 87.46.

I have open long positions in $ARKK and $SHOP and an open short position in $NKE.

I'll be watching $SPY's 50-day moving average at 389.78.

We closed below there. I'd like for it to level off at 386 to 385.

Look for the Morning Briefing on Tuesday.

And please reach out with any questions.

All Star Charts Team