Trades for Monday, Dec. 7th, 2015: + $368 Profits

07 Dec Trades for Monday, Dec. 7th, 2015: + $368 Profits

9:32 – SHORT 500 MRVL 9.45, COVERED 500 at 9.18, out + .27       =          + $135

9:40 – SHORT 500 SODA 15.75, COVERED 400 at 15.41, out + .34, COVERED 100 at 15.17, out + .58        =            + $194

10:18 – SHORT 1700 RLYP 28.48, STOPPED 1300 at 28.57, out - .09, COVERED 200 at 28.27, out + .21, COVERED 200 at 28.20, out + .28       =          - $17

10:50 – SHORT 600 YUM 95.63, STOPPED 95.83, out - .20   =          - $120

11:30 – BUY 500 YUM 76.01avg, STOPPED 400 at 76, out - .01, STOPPED 100 at 75.94, out - .07  =          - $11

11:47 – BUY 700 VIAB 46.21avg, SOLD 400 at 46.37, out + .16, SOLD 200 at 46.52, out + .31, SOLD 100 at 46.82, out + .61           =          + $187

Total Daily P/L:          + $368

Total Weekly P/L:        +$368

Total Monthly P/L:      - $34,805

Total Yearly Profit:      + $104,870

VIAB12072015finale

Summary

SPY 60-minute stochastic peaked premarket and formed a mini inverse pup sell-off this morning as it grinded down to towards the 207.20 before coiled to the 208.81 fib.  We hit MRVL SHORT at 9.45 for a fib reversion to scalp 9.18.  We hit SODA SHORT at 15.75 for the 15.68 fib break trigger to scale out 15.41 and 15.17, out + .34 and + .58.  YUM chopped us around both ways and the thin liquidity wasn’t worth babysitting as we closed out the longs early before the seed wave could take its course.  We caught VIAB LONG at 46.22avg on a perfect storm nicely as the huge 5-min volume bar implied institutional buying to scale out 46.37, 46.52 and 46.82, out + .16, + .31 and + .61.  Closed out the day with + $368 profits.