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Swing Trader Pro: Afternoon Briefing (01-13-2023)

January 13, 2023

From the Desk of Kimmy Sokoloff

$SPY opened near the middle of yesterday's move at 393.50 and trended higher.

The market held on into the close, a nice way to end Options Friday.

Here are today’s trades:

  • I bought $ROKU at 49.28 and sold at 49.78. My original target was 50.20, and ROKU did hit it.
  • I bought $NVDA at 165.26 and sold at 166.
  • I shorted $BABA at 115.55 and covered at 114.76.
  • I shorted $NFLX at 335.19 and covered at 334.19.
  • I bought $SE at 58.53 and sold at 58.57; it wasn't moving.

I also called out $EXPE at 103.75 for a target of 104.60 and $JPM for a move to 139.

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

SPY is under resistance at 397. 

Have a wonderful three-day weekend!!

Look for the Morning Briefing on Tuesday.

And please reach out with any questions.

All Star Charts Team