Skip to main content

Swing Trader Pro: Afternoon Briefing (02-16-2023)

February 16, 2023

From the Desk of Kimmy Sokoloff

The $SPX was saved by its 21-day moving average around 4,080 and is now trying to hold above its eight-day moving average at 4,124.

Tomorrow is monthly options expiration, so we should see more volatility.

Here are today’s trades:

  • I bought $BABA at 103.10 and sold at 104.10.
  • I shorted $VLO at 135.33 and covered at 134.33.
  • I shorted $ABNB at 142 and covered at 141.
  • I shorted $ROKU at 74.70 and covered at 73.70. 
  • I shorted $ROKU at 73.31 and covered at 72.74.
  • I bought $RIVN at 21.31 and sold at 21.40. It ran to 21.60 target. I couldn't get out; it dropped quickly. while others did capture it.

I also called out $TSLQ at 42.95 for a move to 43.48. I took the trade, and so did a few STPers.

I have an open short position in $NKE, and I have open long positions in $HES, $MARA, $AMZN, and $GOOGL.

If we continue to base here, we have room back up to SPX 4,200.

Look for the Morning Briefing on Friday.

And please reach out with any questions.

All Star Charts Team