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Swing Trader Pro: Afternoon Briefing (02-01-2023)

February 1, 2023

From the Desk of Kimmy Sokoloff

What a day... February started off with a bang!

I mentioned in the live trading room that if the market likes what Fed Chair Jerome Powell has to say we can see $SPY 410.

We sure did hit that level... and then some.

Here are today’s trades: 

  • I bought $BABA at 112.32 and sold at 113.37.
  • I bought $AMD at 79.75 and sold at 80.28. I should have stayed in it much longer.
  • I bought $KLAC on Jan. 27 at 410.40, added today at 399, sold some at 408 and the rest at 412.

I booked one loser today:

  • I bought $TMUS at 150.90 and sold at 149.54.

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

Tons of names moved after 2:30 p.m. ET, but it was way too hard to chase and capture those moves.

Now it will be telling what the market does over the next few days.

Look for the Morning Briefing on Thursday.

And please reach out with any questions.

All Star Charts Team