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Swing Trader Pro: Afternoon Briefing (04-11-2023)

April 11, 2023

From the Desk of Kimmy Sokoloff

Slim pickings in this market.

There are trades out there.

But we aren't getting enough follow-through.

Here are today's trades:

  • I bought $COIN at 69.79 and sold at 70.40.
  • I shorted $MSFT at 284.11 and covered at 283.11.
  • I bought $CAT at 219.37 and sold at 219.99. This name really popped.
  • I bought $PYPL at 73.64 and sold at 74.04.
  • I bought $SNOW and made only 13 cents. 

I traded $MU twice. I bought at 63.83 and sold at 63.30. And I bought back at 63.20 and sold at 63.77. I made four cents total, so I made back the loss.

I bought $OXY but it wasn't moving, so I sold at breakeven at 64.79.

I also called out $FCX at 40.80, and it made a decent move. 

I booked one loser:

  • I shorted $UNH at 522 and at 518 and covered at 520.40.

I have open long positions in $HES, $VXX, and $ERY.

$SPY, $DIA, and $IWM led the way higher today.

We'll see what tomorrow brings.

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

And please reach out with any questions.

All Star Charts Team