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.
All Star Charts Team