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Swing Trader Pro: Afternoon Briefing (05-03-2023)

May 3, 2023

From the Desk of Kimmy Sokoloff

It's Fed Day, and we know the drill...

Up, down, and all around.

Here are today’s trades

  • I bought $LLY at 425.86 and sold at 430. I called this out to the live trading room before I took a break.
  • I bought $XBI at 82.28 and sold at 82.99. I was stopped out earlier on it.

I also called out setups in $NVDA, at 277.50 for a move to 280, and $FAZ, at 21.30 for a move to 22.20.

I booked one loser:

  • As I noted above, I bought $XBI at 82.47 and sold at 82.16.

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

Maybe tomorrow we'll have a clearer picture.

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

And please reach out with any questions.

All Star Charts Team