Swing Trader Pro: Afternoon Briefing (05-17-2023)

JC Parets
May 17, 2023

From the Desk of Kimmy Sokoloff

The market was full speed ahead, again, and we closed a gap above at $SPY 415.27.

SPY held support at 410 like a charm.

Here are today’s trades:

  • I bought $DIS on May 12 at 92.47 and at 91.40 and sold today at 93.
  • I bought $ADBE at 350.43 and sold at 351.48.
  • I bought $TSLA at 170.50 and sold at 171.48.
  • I bought $TGT at 160.58 and sold at 161.08.
  • I bought $SNOW at 173.42 and sold at 173.60. It  wasn't moving.
  • I bought $CRWD at 135.40 and sold at 136.10. We traded this name on Monday as well.

I also called out $NFLX for a move to 341, $NVDA for a move to 300, and $RBLX at 41.07 for a move to 42.

I booked one loser:

  • I bought $META at 240.37 and sold at 240.11. I was impatient.

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

They're also popping this market in hopes of a debt ceiling deal being reached.

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

And please reach out with any questions.

All Star Charts Team

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