The market pretty much drifted lower all day.
It erased yesterday’s bounce, and $SPY closed to its respective gap below.
Here are today’s trades:
- I shorted $MS on August 8 at 86.58 and on August 10 at 88.50 and covered today at 86.
- I bought $UPST at 34.88 and sold at 35.40.
- I bought $SE at 40.68 and sold at 41.18.
- I shorted $LLY at 544 and covered at 543.50.
- I shorted $QCOM at 111.97 and covered at 111.87. It was too slow, but it did hit target at 111.47.
- I bought $MRK at 109.18 and sold at 109.19. It wasn’t pushing through the 200-day.
I booked one loser:
- I shorted $MSFT on August 11 at 319.72 and covered on August 14 at 321.83.
I have open long positions in $VXX and $MRNA, and I have open short positions in $QQQ, $KLAC, and $NFLX.
Have a great evening. Look for the Morning Briefing on Wednesday.
All Star Charts Team