Swing Trader Pro: Afternoon Briefing (01-31-2023)

Here are today’s trades:

• I shorted $QQQ on Jan. 30 at 290.56 and covered today at 288.93.
• I bought $AMZN at 102.03 and sold at 102.89.
• I shorted $UNH at 498 and covered at 497. I called this one out in the live trading room but also mentioned it was a tough trade to take. 

I also called out $BA at 210 for a target of 211.30 and $COST at 506 for a target of 509.

I have open short positions in $NKE and $RBLX and open long positions in $KLAC and $HES.

Tomorrow we have the Fed. If all is well we can see $SPY 410.

If the market should throw a tantrum, then we can move back down to 398 to 396 easily.

Time will tell.

Look for the Morning Briefing on Wednesday.