Overall, that was a nice move in the market today.
As the day went on, though, the indices did pull in.
Here are today’s trades:
- I bought $UNG on Jan. 5 at 11.97 and sold today at 12.40.
- I bought $COIN at 35.36 and sold at 36. I should have held it a lot longer.
- I bought $ADBE at 345.49 and sold at 347.
- I shorted $BABA at 109.34 and covered at 108.30.
- I shorted $V at 221.02 and covered at 220.50.
- I shorted $NFLX at 319.60 and covered at 318.60.
- I shorted $FCX at 43.63 and covered at 42.88.
I also called out $TSLA at 120.50 with a target of 123 and $AMAT at 107.50 with a target of 108.50.
I booked a coupe of losers:
- I bought $VLO at 131.39 and sold at 130.35.
- I bought $MS at 88.60 and sold at 87.46.
I have open long positions in $ARKK and $SHOP and an open short position in $NKE.
I’ll be watching $SPY‘s 50-day moving average at 389.78.
We closed below there. I’d like for it to level off at 386 to 385.
All Star Charts Team