Trades for Monday, Aug. 14, 2017: + $1,088 Profits

14 Aug Trades for Monday, Aug. 14, 2017: + $1,088 Profits

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9:33 – SHORT 1200 MOMO 44.35avg, COVERED 44.14, out + .21    =          + $252

9:36 – SHORT 300 BBY 60.43, COVERED 60.36, out + .07     =          + $21

9:51 – SHORT 400 BBY 60.55, COVERED 60.46, out + .09     =          + $36

9:45 – SHORT 300 MOMO 43.95, STOPPED 44.10, out - .15 =          - $45

9:53 – SHORT 300 MOMO 43.97, STOPPED 44.10, out - .13 =          - $39

9:59 – BUY 1100 HTZ 19.01, SOLD 19.08, out + .07   =          + $77

10:51 - SHORT 6000 HTZ 19.45avg, COVERED 4500 at 19.33, out + .12, COVERED 1000 at 19.24, out + .21, COVERED 300 at 19.21, out + .24, STOPPED 200 at 19.62, out - .17 =          + $786

HTZ08142017finafinalHTZshort08142017

Total   P/L:      + $1,088 Profits

Summary

SPY gapped and grinded to the daily 15-period ma 246.77 this morning. We hit MOMO SHORT for a nice reversaion off stinky 5’s upper range and super fibs. Got chopped on BBY and MOMO. We initially scalped HTZ LONG for a breakout but scaled into a heavy SHORT at 19.45avg as it overshot the 19.56 fib for a nice 5/1-minute dual mini inverse pup slip and MSH trigger to scale out down to 19.21.  Closed out the morning with  + $1,088 Profits.