Trades for Friday, Mar 27th, 2015

27 Mar Trades for Friday, Mar 27th, 2015

9:33 – SHORT 800 DOW 48.24avg, COVERED 800 at 48.21, out + .03       =             + $24

9:38 – SHORT 2200 DOW 48.02avg, COVERED 1500 at 47.82, out + .20, COVERED 200 at 47.80, out + .22, COVERED 500 at 47.77, out + .25            =            + $609

9:49 – SHORT 1600 YHOO 45.50avg, STOPPED 45.65, out - .15       =            - $320

9:51 – BUY 1500 SNDK 64.98avg, STOPPED 64.79, out - .19       =            - $285

10:15 – BUY 1700 SNDK 64.87avg, SOLD 1700 at 65.08, out + .21       =            + $357

10:29 – BUY 500 SNDK 64.97avg, SOLD 400 at 65.27, out + .30, SOLD 100 at 65.06, out + .09       =            + $129

10:46 – SHORT 2000 YHOO 45.20, STOPPED at 45.30, out - .10       =            - $200

11:00 – SHORT 2000 CCL 46.93avg, COVERED 1700 at 46.74, out + .19, COVERED 200 at 46.70, out + .23, COVERED 100 at 46.65, out + .28            =            + $397

Total Daily Profits:   + $711

Total Weekly Profit:   + $2,046

Total Monthly Profit: + $9,378

Total Yearly Profit:  + $17,756

Summary:

SPY regained the 205.15 seed wave trigger from yesterday and chopped this morning. We hit DOW SHORT at 48.24 and 48.02 as it rejected off the 48.25 fib for a perfect storm breakdown for nice scalps down to 47.77.   We got played like a fiddle on YHOO SHORTS twice getting chopped out at stinky 5s upper range and near the superfib.   SNDK was very interesting today.   We took SNDK LONG at 64.98avg for a 5 min MSL and mini pup trigger with 15 min cross up. The 65.05 held a firm resistance and bled it down as we stopped out at 64.79, out - .19. Interestingly there was a hidden bidder eating up EVERYTHING at 64.80. When he absorbed our stops against a perfect storm breakdown and falling SPY, we realized this guy was serious and many shorts could be trapped. We took SNDK LONG at 64.87 on double size as the 5 minute mini pup resumed and 15 minute 5 period ma broke to trigger a MSL. We scaled out at 65.07, out + 65.08, out + .21 and re-added LONG SNDK at 64.97avg on pullbacks to scalp the perfect storm trigger thrusts out at 65.27 and 65.06, out + .30 and + .09. Liquidity drying up pretty fast, called it an early day. Closed out the morning with + $711 profits.