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

August 8, 2023

From the Desk of Kimmy Sokoloff

It was a tough day today, with a lot of stop-outs.

The indices are still stuck under their respective resistance zones.

I did come out ahead today by a few points, but it was a struggle.

$LLY saved trading today.

Here are today’s trades:

  • I shorted $LLY at 524 and covered at 520.62, shorted at 530 and covered at 527, shorted at 526.50 and covered at 525, and shorted at 515 and covered at 513.50. 
  • I shorted $MSFT at 326.03 and covered at 325.51.
  • I bought $MMM at 103.49 and sold at 103.99.
  • I shorted $QQQ at 370.62 and covered at 369.62.
  • I shorted $SNOW at 155.40 and covered at 154.90.

I booked three losers:

  • I bought $META at 316.96 and sold at 312.13.
  • I bought $CRWD at 147 and sold at 145.18.
  • I bought $BA at 240.30 and sold at 238.

I have open long positions in $VXX and $MRNA.

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

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

And please reach out with any questions.

All Star Charts Team