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Swing Trader Pro: Afternoon Briefing (05-10-2023)

May 10, 2023

From the Desk of Kimmy Sokoloff

What a day...

$SPY came close to the 415 level I mentioned this morning and then traded below 410.

The recovery was quick due to tech bouncing.

Here are today’s trades:

  • I bought $RBLX at 38, then 38.48, and sold at 38.94.
  • I bought $MSFT at 310 and sold at 311.20. I called this one out in the live trading room.
  • I shorted $AMD at 99.40, then 97.57, and covered at 97.
  • I bought $VLO at 110.77 and sold at 111.48.
  • I bought $GOOGL at 109.90 and sold at 111.49. I mentioned in the live trading room that there's potential here to 115.

I booked two losers:

  • I shorted $ABNB at 111.02 and covered at 113.09.
  • I bought $TSLA at 174 and sold at 168.09.

I have open long positions in $HES, $VXX, and $IBM. And I have open short positions in $QQQ and $SNOW.

We'll get April PPI data in the morning.

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

And please reach out with any questions.

All Star Charts Team