We closed January, the first month of the year.
And it’s a positive start for 2023.
Here are today’s trades:
- I shorted $QQQ on Jan. 30 at 290.56 and covered today at 288.93.
- I bought $AMZN at 102.03 and sold at 102.89.
- I shorted $UNH at 498 and covered at 497. I called this one out in the live trading room but also mentioned it was a tough trade to take.
I also called out $BA at 210 for a target of 211.30 and $COST at 506 for a target of 509.
I have open short positions in $NKE and $RBLX and open long positions in $KLAC and $HES.
Tomorrow we have the Fed. If all is well we can see $SPY 410.
If the market should throw a tantrum, then we can move back down to 398 to 396 easily.
Time will tell.
All Star Charts Team