Skip to main content

Swing Trader Pro: Afternoon Briefing (05-04-2023)

May 4, 2023

From the Desk of Kimmy Sokoloff

What a wild day in the markets...

I think we just need to get $AAPL’s earnings out of the way.

Here are today’s trades:

  • I shorted $CLX on May 3 at 177, 175.30, and 174 and covered today at 173.36.
  • I bought $SNOW at 151.75 and sold at 152.75.
  • I shorted $FCX at 35.68 and covered at 35.10.
  • I bought $OKTA at 71.98 and sold at 73.05. I was stopped out earlier then came back in.
  • I bought $HBAN at 9.54 and sold at 9.63.

I also called setups in $AAPL and $SPY for bounce trades.

I booked one loser:

  • I bought $OKTA at 72.36 and sold at 71.74, as I noted above.

I have open long positions in $HES, $VXX, and $MS, and I have an open short position in $QQQ.

If you look under the hood, you'll see a lot of weak links.

Please, always watch your holdings.

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

And please reach out with any questions.

All Star Charts Team