The market was range-bound today. $SPY traded between 405 and 408.
We have CPI on Tuesday, so that will help the market pick a direction.
Here are today’s trades;
- I bought $HES on Feb. 7 at 140 and on Feb. 8 at 142.90 and sold today at 145.50. I still own more at a higher price.
- I bought $BABA at 104.95 and sold at 105.48.
- I bought $AMZN at 97.70 and sold at 98.18.
- I called out a short in $ABNB at 108.17. Before I left the live trading room it dropped to 106.54. I did short it at 108 and covered at 106.71.
- I shorted $VLO at 140.30 and 139.70 and covered at 139.40.
I booked three losers:
- I bought $UBER at 34.95 and sold at 34.60.
- I shorted $PYPL at 78.65 and covered at 79.12.
- I shorted $VLO at 136.33 and covered at 139.70. I’ll return to this name.
I have an open short position in $NKE, and I have open long positions in $HES, $MARA, $SI, and $CF.
All Star Charts Team