From the Desk of Kimmy Sokoloff
Even though the indices trended higher today, it felt like we weren’t moving at all.
Tomorrow is Friday, and for the past few weeks they’ve been running the market higher.
Here are today’s trades:
- I bought $INTC on June 6 at 31.36 and sold it today at 31.84.
- I bought $PDD at 74.60 and sold at 75.09.
- I bought $SE at 62.85 and sold at 63.48.
I also called out setups in $CVNA at 19.30 and $AMZN at 123.
I booked one loser:
- I bought $VLO at 113.90 and sold at 113.10. It was a late-day trade. I bought small, and I came within a few cents of target but no dice.
I have open long positions in $HES, $VXX, and $HD. And I have open short positions in $QQQ, $KLAC, and $NFLX.
Maybe tomorrow $SPY runs to the August high at 431.73.
And maybe next week it’ll head to 422.92.
It’s all maybes these days…
Have a great evening. Look for the Morning Briefing on Friday.
And please reach out with any questions.
All Star Charts Team