Trades for Friday, Dec. 30, 2016: + $100 Profits

30 Dec Trades for Friday, Dec. 30, 2016: + $100 Profits

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9:40 – SHORT 300 JPM 85.75, STOPPED 85.85, out - .10       =          - $30

9:54 – SHORT 300 NBDA 108.75, COVERED 200 at 108.25, out + .50, COVERED 100 at 108.45, out + .30 =            + $130

Total Daily P/L:          + $100 Profits

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Summary

SPY continued to bleed this morning on the 60-minute and daily mini inverse pups. However, the banks buy faded early on lead by the European banks DB, BCS, which pulled up GS and JPM. We took a small stop on JPM early on and scalp NVDA SHORT on leans back through the 108.44 gatekeeper fib. Played extemely light shares. Closed out the morning with + $100 Profits.