Swing Trader Pro: Afternoon Briefing (04-18-2023)

Here are today’s trades:

• I bought $IWM on April 17 at 178 and sold today at 178.01. I had over a buck profit but was looking for 180 instead it flopped, a common theme lately.
• I bought $JWN on April 17 at 16.85 and sold today at 17.16. That's a move of more than 2%!
• I bought $VLO at 126.57 and sold at 127.50.
• I bought $VLO at 126.60 and sold at 127.57. Yes, I bought two times as it pulled back in!
• I bought $JPM at 140.24 and sold at 140.30. I sold too quick, but I came back to it...
• I bought $JPM at 140.72 and sold at 141.40.
• I shorted $TTD at 62.26 and covered at 61.98. It did eventually go to target at 61.71.

I said in the live trading room that $NVDA could drop at 2:00 p.m. ET. I shorted it at 276.70 and covered at 175.51. I still think there's potential down to 271.

I booked two losers:

• I bought $LMT at 505.20 and sold at 502.20. It did go to target at 507.20.
• I shorted $LUV at 31.40 and covered at 32.16. 

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

$SPY is trying to work its way back to 415.

If it can really push through that level, there's potential to 421.

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

And please reach out with any questions.

All Star Charts Team