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Swing Trader Pro: Afternoon Briefing (07-20-2023)

July 20, 2023

From the Desk of Kimmy Sokoloff

It was tough sledding for tech names, yesterday and today.

Time will tell if this pull-in will be bigger than previous ones.

Here are today’s trades:

  • I shorted $ARKK on July 13 at 48.42 and on July 14 at 50.10 and covered today at 48.80.
  • I bought $TGT at 133.50 and 132.84 and sold at 134.06.
  • I shorted $TSLA at 272.96 and covered at 271.96.
  • I shorted $TSLA at 272 and covered at 266.80. My target was 265.
  • I bought $JNJ at 167.46 and sold at 167.95.
  • I bought $PEP at 188.66 and sold at 189.16.
  • I bought $SIRI at 5.60 and sold at 5.73. It ripped. It was hard to make a recommendation on this name, as it's a cheapy stock. I did call it out in the Live Trading Room, though.

I also called out $BA at 212.

I booked two losers:

  • I bought $SOFI at 9.96 and sold at 9.62.
  • I bought $MARA at 18.02 and sold at 17.40.

I have open long positions in $HES, $VXX, $GOOGL, $CRWD, and $PDD.

I have open short positions in $QQQ, $KLAC, and $NFLX.

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

And please reach out with any questions.

All Star Charts Team