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Swing Trader Pro: Afternoon Briefing (05-16-2023)

May 16, 2023

From the Desk of Kimmy Sokoloff

And, once again, this market is range-bound...

There are still opportunities out there, you just have to look for them.

Here are today’s trades:

  • I shorted $MA on May 12 at 380.77 and covered today at 379.77.
  • I bought $AMD at 98.26 and sold at 99.39.
  • I bought $AMZN at 113.23 and sold at 113.92. I bought it earlier and sold for break-even, then I came back to it.
  • I shorted $KLAC at 409 and covered at 408.
  • I bought $BABA at 88.60 and sold at 89.34.

I also called out setups in $NVDA at 293 and $BABA at 88.60 

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

It's still Big Tech leading the way.

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

And please reach out with any questions.

All Star Charts Team