Skip to main content

Swing Trader Pro: Afternoon Briefing (03-09-2023)

March 9, 2023

From the Desk of Kimmy Sokoloff

All the major indices broke below their 200-day moving averages.

That's not really what I wanted to see, but it happened.

Here are today’s trades:

  • I bought $TSLA pre-market at 176.77 and sold at 179.50.
  • I bought $AAPL at 153 and sold at 154. 
  • I bought $AMZN at 95.48 and sold at 95.98.
  • I bought $AMAT at 120.10 and sold 120.60.
  • I shorted $XLK at 141.40 and 140.93 and covered at 140.40.
  • I shorted $GS at 351.51 and covered at 350.02.
  • I shorted $GS at 345.41 and covered at 343.61.
  • I bought $SQQQ on March 8 at 38.18 and sold today at 38.74.
  • I shorted $META at 185.96 and covered at 185.30.

I booked multiple losers:

  • I bought $RBLX at 41.97 and sold 41.78. There was a profit to be had, but I was just looking higher, so no dice.
  • I bought $BABA at 85.23, very small, and sold at 84.
  • I shorted $XLK at 141.40 and covered at 141.61. I did come back to this trade, as you can see above.
  • I bought $MSFT at 259.32 and sold at 258.
  • I bought $AMD at 87.79 and sold at 86.70. I bought small to see if it would push through. 

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

I got a little whipsawed this morning but then came back with shorts in $XLK and $GS.

Now, the $SPX runs its risk down to 3,873.

Have a great evening. Look for the Morning Briefing on Friday.

And please reach out with any questions.

All Star Charts Team