Swing Trader Pro: Afternoon Briefing (08-02-2023)

JC Parets
August 2, 2023

From the Desk of Kimmy Sokoloff

$SPY dropped down to its 21-day moving average, and $QQQ broke below its own 21-day.

We'll see if this is a one-day wonder or if the Fitch downgrade has more meaning.

Here are today’s trades:

  • I bought $MRNA at 112.77 and sold at 113.74.
  • I bought $TSLA at 256.31 and sold at 257.31.
  • I bought $CVS at 76 and sold at 76.49.

I have open long positions in $VXX, $NVDA, $AAPL, and $TLT.

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

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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