Trades for Monday, Aug. 8, 2016: + $677 Profits

09 Aug Trades for Monday, Aug. 8, 2016: + $677 Profits

*LAST CALL * Summer one-on-one LIVE mentorships trader training with Jea Yu for 2-5 day mentorships are available.  Beginners to seasoned traders are welcome as the training is customized to the individual. Contact  us for dates and details or email JeaYu21@gmail.com directly.  Spots are limited!

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9:36 – SHORT 4000 TWTR 18.40avg, COVERED 3000 at 18.33, out + .07, COVERED 500 at 18.31, out + .09, COVERED 500 at 18.25, out + .15       =          + $330

9:56 - BUY 400 LGF 20.56, STOPPED 20.50, out - .06 =          - $24

10:08 – SHORT 500 BMY 61.99, COVERED 61.82, out + .16  =          + $80

10:12 – SHORT 300 BMY 61.82, COVERED 61.72, out + .10  =          + $30

10:24 – BUY 400 BMY 61.18, STOPPED 61.12, out - .06        =          - $24

10:33 – SHORT 500 BMY 60.75, STOPPED 61.05, out - .30    =          - $150

10:40 – SHORT 1000 BMY 60.84, COVERED 60.72, out + .12                        =          + $120

10:53 – BUY 4000 TWTR 18.09avg, SOLD 3500 at 18.16, out + .07, SOLD 300 at 18.19, out + .10, SOLD 200 at 18.17, out + .08           =          + $291

Total Daily P/L:          + $677 Profits

 TWTR08082016finalellesz

Summary

SPY chopped sideways in a tight .60 range all morning and afternoon. We scalped TWTR short off the 18.37 fib and then scalped long off the 18.07 supports. BMY was chock full of algos as it formed a perfect storm breakdown.  Closed out the morning with  + $677 Profits.Â