Swing Trader Pro: Afternoon Briefing (08-09-2023)

JC Parets
August 9, 2023

From the Desk of Kimmy Sokoloff

This morning I mentioned in the Live Trading Room that if we fill the gap on $QQQ down to 368.63 we can potentially have a bounce trade.

That's what happened, and $SPY bounced as well.

I alerted the room at 12:35 p.m. ET that both indices can rally at least a point.

I was slow on entering short trades, as the market was moving slowly.

We've got CPI tomorrow morning.

Here are today’s trades: 

  • I bought $OXY at 64.50 and sold at 64.98.
  • I shorted $QQQ at 370.65 and covered at 369.65.
  • I shorted $SNOW at 154.50 and covered at 154.
  • I shorted $TSLA at 243 and covered at 242.50.
  • I bought $SPY at 446.40 and sold at 447.40.

I also called out a setup in $XOM at 109.

I booked one loser:

  • I shorted $META at 303.38 and covered at 306.20.

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

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

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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