Trades for Mon, July 6th, 2015

06 Jul Trades for Mon, July 6th, 2015

10:29 – SHORT 3400 AET 118.80avg, COVERED 2500 at 118.46, out + .34, COVERED 700 at 118.60, out + .20, COVERED 200 at 118.19, out + .61    =            + $1,112

11:05 – SHORT 400 AET 119.08avg, COVERED 300 at 118.67, out + .41, COVERED 100 at 118.54, out + .53    =            + $176

111:41 – SHORT 300 AET 117.94, STOPPED 118.02, out - .08       =            - $24

Total Daily P/L:          + $1,262

Total Weekly P/L:      + $1,262

Total Monthly P/L:      + $2,256

Total Yearly Profit:      + $42,610

AET07062015finalelastmissed

Summary:

SPY recovered off the gap down towards the 207.81 fib area before peaking back down towards the daily 5 period ma and trying to cross the stochastic back up.   We scaled into AET SHORT into the algo sweeps up through 4 fib levels into the CNBC interview of the CEOs catalyst, which finally peaked out and rug pulled hard for nice profits as we scaled in at the 120.50s at the highest levels as it leaned down to 117s. We hit shorts again and took some reversion scalps before the 117.90 bidder got very firm. Closed out the day with + $1,262 profits.