Swing Trader Pro: Afternoon Briefing (05-12-2023)

Here are today’s trades;

• I bought $IBM on May 10 at 121.81 and sold today at 122.49.
• I bought $TSLA on May 11 at 172.50 and sold today at 177. After the news, I said this name has room to 177, and this morning there was an opportunity to buy to 177. 
• I shorted $ABNB at 109.16 and covered at 107.81.
• I bought $NKE at 120.96 and sold at 120.99. It wasn't moving. 
• I shorted $LLY at 339 and covered at 337. I called it out in the live trading room, This is a tough name to trade. 

I booked one loser:

• I bought $AMAT at 116.47 and sold at 115.80.

I have open long positions in $HES, $VXX, and $DIS, and I have open short positions in $QQQ, $SNOW, and $MA.

This is a tough market.

We'll see if it picks a true direction soon.

Have a great weekend. Look for the Morning Briefing on Monday.

And please reach out with any questions.

All Star Charts Team