Swing Trader Pro: Afternoon Briefing (05-26-2023)

JC Parets
May 26, 2023

From the Desk of Kimmy Sokoloff

Typical market action on a pre-holiday weekend trading day: Rally time!

The indices were up more than 1%, and we're heading into gap-fill on $SPY.

Enjoy your Memorial Day.

Here are today’s trades:

  • I bought $MS on May 23 at 83.38 and sold today at 83.88.
  • I bought $CSCO at 49.19 and sold at 50.
  • I bought $BIDU at 122.54 and sold at 123.10.
  • I bought $ZS at 131.32 and sold at 132.32.
  • I bought $NFLX at 372 and sold at 379.40. I mentioned in the live trading room before I left that this name can head to new highs at 379.

I have open long positions in $HES and $VXX, and I have open short positions in $QQQ, $AMD, and $KLAC.

Have a great long weekend. Look for the Morning Briefing on Tuesday.

And please reach out with any questions.

All Star Charts Team

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