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Swing Trader Pro: Afternoon Briefing (04-26-2023)

April 26, 2023

From the Desk of Kimmy Sokoloff

Every day last week the market would dip in the morning and rally in the afternoon.

This week has been the opposite: We've been grinding lower in the afternoons.

Here are today’s trades:

  • I bought $ERY on April 4 at 28.93 and sold today at 29.99.
  • I shorted $X on April 25 at 24.33 and covered today at 24.27. I was worried because of earnings, but it did drop to target.
  • I bought $SNOW at 146.52 and sold at 147.52.
  • I bought $GOOGL at 105.50 and sold at 106.07.
  • I bought $IWM at 172.12 and sold at 172.62.
  • I shorted $MMM at 104.10 and covered at 103.56.
  • I shorted $MSFT at 298.87 and covered at 297.87.

I booked two losers:

  • I shorted $CAT at 217.70 and covered at 218.10. It did go to target.
  • I bought $MRNA at 133.06 and sold at 132.10.

I have open long positions in $HES, $VXX, and $W and an open short position in $LVS.

We closed one gap on $SPY today, and I mentioned in the live trading room that there's another one nearby at 401.60.

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

And please reach out with any questions.

All Star Charts Team