Day Trader Pro: Afternoon Briefing (10-20-23)

Kimmy Sokoloff
October 20, 2023

From the Desk of Kimmy Sokoloff

It was straight down today, and $SPY touched its 200-day moving average.

We'll see if the market turns around soon for the “rally” that typically happens around year's end. 

Here are today’s trades:

  • I bought $IWM at 167.50 and sold at 168.

  • I shorted $GLD at 184.80 and 184 and covered at 183.50. 

  • I bought $SPY at 423 and 424.40 and sold at 424.44.

I also called out $TSLA at 210.50 for a bounce trade.

I booked one loser:

  • I bought $BABA at 80.60 and sold at 80.04.

I have open long positions in $VXX, $MS, $GS, and $MRNA.

I have open short positions in $QQQ, and $KLAC.

Have a great weekend. Look for the Morning Briefing on Monday.

And please reach out with any questions.