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Swing Trader Pro: Afternoon Briefing (05-15-2023)

May 15, 2023

From the Desk of Kimmy Sokoloff

The market was full speed ahead today.

And $SPY held on to the 410 support area once again...

Here are today’s trades:

  • I shorted $SNOW on May 10 at 173, 170, and 167.30 and covered on May 12 and today at 167.57 and 170.20. My target was 166.30. It went as low as 166.42 on Friday, but I missed it.
  • I bought $AI at 21.17 and sold at 21.70. This thing ripped.
  • I bought $AMAT at 116.64 and sold at 117.18. It ripped too.
  • I bought $CRWD at 133.22 and sold at 134.71.
  • I bought $BIDU at 125.14 and sold at 125.70.
  • I bought $MRNA at 130 and sold at 130.50.
  • I shorted $LOW at 200.21 and covered at 200.05. It wasn't dropping.

I booked one loser:

  • I bought $PYPL at 62.49 and sold at 61.94.

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

Lots of data this week, and multiple Fed speakers, so we must be on our toes.

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

And please reach out with any questions.

All Star Charts Team