Swing Trader Pro: Afternoon Briefing (04-03-2023)

JC Parets
April 3, 2023

From the Desk of Kimmy Sokoloff

It was a slow day for the market, and then, late in the day, we started to ramp higher.

I'd  think $QQQ would take a breather soon, as this index is the most extended.

Here are today’s trades:

  • I bought $TNA on March 31 at 31.50 and sold today at 32.11.
  • I bought $MRNA at 156.68 and sold at 157.68.
  • I bought $RBLX at 45.26 and sold at 45.76.
  • I shorted $CAT at 232 and 231.53 and covered at 230.53.

I booked two losers:

  • I bought $COST at 498.90 and sold at 496.80.
  • I shorted $NVDA at 275.15 and covered at 275.94.

I have open long positions in $HES and $VXX. And I have an open short position in $XLK.

As we know, markets can stay higher as long as they want.

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

And please reach out with any questions.

All Star Charts Team

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