Swing Trader Pro: Afternoon Briefing (12-01-2022)

By JC Parets

December 1, 2022
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From the Desk of Kimmy Sokoloff

A consolidation day it sure was.

As long as the $SPX hangs on to to 4,050, we have potential to trade higher.

If we break below that level, we run the risk down to 4,034, then 4,020. 

Here are today’s trades:

  • I bought $XOM on Nov. 28 at 111.11 and sold today at 111.40. It was not moving!
  • I bought $SHOP on Nov. 30 at 40.74 and sold today at 41.60.
  • I bought $NKE on Nov. 30 at 109.17 and sold today at 110.17.

I traded $RBLX twice today, losing one and winning one. I lost a buck on the first trade, then I bought it back at 32.46 and sold at 33.31.

I have open positions in $SQQQ, $UBER, $ABNB, and $ZIM.

We have jobs data out tomorrow morning, so we'll see how the market reacts to that.

Look for the Morning Briefing on Friday.

And please reach out with any questions.

All Star Charts Team

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JC Parets

Founder, TrendLabs

JC Parets is the Chairman and Founder of Stock Market Media and the founder of TrendLabs, where he publishes his daily market insights and shares his real-time portfolio at TrendLabs.com.

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