From the Desk of Kimmy Sokoloff
This is a very choppy market.
$SPY bumped up to resistance at 445 then dropped lower.
We can stay volatile this whole week.
Here are today’s trades:
- I shorted $NFLX back on June 2 at 397.07 and covered today at 393.38. I’ve shorted this name over the past few months and took profits along the way. Here are some sample trades: On June 5 I shorted at 406.50, and on June 6 I covered at 400.29. I shorted it on June 7 at 408.02 and covered at 405.20. I shorted it on July 18 at 450 and covered on July 27 at 425. I shorted it on September 7 at 448 and covered on September 13 at 438. That’s just to name a few trades…
- I bought $NVDA at 433.85 and sold at 434.85.
- I shorted $MRNA at 107.71 and covered at 107.21.
I have open long positions in $VXX, $CVS, and $COIN.
I have open short positions in $QQQ, $KLAC, and $CELH.
Have a great evening. Look for the Morning Briefing on Tuesday.
And please reach out with any questions.
All Star Charts Team