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Swing Trader Pro: Afternoon Briefing (01-23-2023)

January 23, 2023

From the Desk of Kimmy Sokoloff

I mentioned in this morning's note that $SPY had a date with 400.

We hit that level and ran to 402.60, which was top of the Bollinger band.

Here are today’s trades:

  • I bought $ADBE at 358.68 and sold at 360.
  • I bought $MRNA at 195.50 and sold at 196.50.
  • I bought $NVDA at 181.54 and sold at 182.49.
  • I shorted $VLO at 146.64 and 145.05 and covered at 145.52.

I also called out $CAT at 250 for a target of 252 and $ABNB at 102.50 for a target of 104.

I booked one loser today:

  • I bought $UNH at 487.66 and sold at 487.20. It did go to target at 488.60.

I have open long positions in $SHOP and $ZM and open short positions in $NKE and $RBLX.

Over the next few days, we 'll see if we hold on to the 200-day moving average.

If so, we can see 405 on SPY.

Look for the Morning Briefing on Tuesday.

And please reach out with any questions.

All Star Charts Team