Swing Trader Pro: Afternoon Briefing (06-06-2023)

JC Parets
June 6, 2023

From the Desk of Kimmy Sokoloff

$IWM led the pack today, up almost 3%.

Banks started to rally as well.

Time will tell if this continues.

Here are today’s trades:

  • I shorted $NFLX on June 5 at 406.50 and covered today at 400.29. I'm still short shares, as noted below.
  • I bought $TECK at 42.01 and sold at 42.54.
  • I bought $AMD at 121.07 and sold at 121.64... and it kept going.
  • I bought $AI at 36.29 and sold at 36.79.

I also called out $PDD at 72.45 for a target of 73.05. I sold for 5 cents, but it did go to target.

I booked on loser:

  • I bought $CAT at 227.40 and sold at 227.

I have open long positions in $HES, $VXX, $F, and $MS. I have open short positions in $QQQ, $KLAC, and $NFLX.

A few tech names took a rest. Had an opportunity to short $AAPL this morning, which I called out in the live trading room.

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

And please reach out with any questions.

All Star Charts Team

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