Trades for Mon, Oct 12th, 2015: + $652 Profits

12 Oct Trades for Mon, Oct 12th, 2015: + $652 Profits

9:40 – LONG 400 LLY 80, STOPPED 79.70, out - .30   =          - $120

9:44 – LONG 800 LLY 80.25avg, STOPPED 80, out - .25         =          - $200

9:50 – SHORT 5000 MU 18.50avg, COVERED 4500 at 18.36, out + .14, COVERED 500 18.42, out + .08     =            + $670

10:12 – BUY 200 LLY 80, STOPPED 200 at 79.68, out - .32    =          - $64

10:16 – SHORT1000 MU 18.26, COVERED at 18.12, out + .14          =          +$140

10:38– LONG LLY 300 79.83, STOPPED 79.68, out - .15         =          + $45

10:47 – SHORT 800 LVS 46.61avg, COVERED 800 at 46.46, out + .15 =  out + $120

11:06 – SHORT 1100 LVS 46.72avg, STOPPED 900 at 46.72, out EVEN, STOPPED 200 at 46.74, out - .02   =            - $8

Total Daily P/L:          + $652

Total Weekly P/L:        + $652

Total Monthly P/L:      + $11,199

Total Yearly Profit:    + $132,313

MU10122015finally

Summary:

SPY chopped flatly aimlessly for the first 90 minutes as stock correlation went out the window and dry climate came in.  We hit MU SHORTS at 18.50 and 18.26 avgs nicely just below the 18.63 and 18.27 fibs to score most of the morning profits.  LLY was just a major pain in the butt this morning as it just wouldn’t sustain a breakout above 80 but algos were non-stop sweeping it off the stinky 5s.   We hit LVS SHORT at 46.61 after rejecting that 46.79 fib for a nice scalp on initial trades and stopped out on the re-entry relatively flat. Stubborn dry climate but still managed to grind out some green thanks to MU despite LLY.    We closed out the morning with + $652 profits.