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Swing Trader Pro: Afternoon Briefing (05-08-2023)

May 8, 2023

From the Desk of Kimmy Sokoloff

It was a real tug of war today for the indices.

$AMD really pushed through, moving more than 5%.

Here are today’s trades:

  • I bought $ZS at 108.74 and sold at 109.90.
  • I bought $CRWD at 128.28 and sold at 130.
  • I bought $AAPL at 173.15 and sold at 173.70.
  • I bought $AMD at 91 and sold at 91.63. I stopped out, foolishly, then came back. Sold too soon.
  • I shorted $CAT at 214.82 and covered at 213.82.

An STPer mentioned $NFLX in the live trading room -- after that I said it has room to 330, and some took the trade.

I booked a few losers today:

  • I bought $AMD at 90.17 and sold at 90.08.
  • I shorted $NET at 45.16 and covered at 45.75.
  • I bought $SNOW at 162.94 and sold at 158.41.

I have open long positions in $HES, $VXX, and $AMZN. And I have open short positions in $QQQ and $SHOP.

Tech is what's holding up the overall market.

Should that end, watch out.

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

And please reach out with any questions.

All Star Charts Team