Trades for Monday, July 3, 2017: + $356 Profits

03 Jul Trades for Monday, July 3, 2017: + $356 Profits

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9:51 – SHORT 500 GNC 9.06, COVERED 8.93, out + .14        =          + $70

10:24 – BUY 1400 WDC 87.14avg LIMIT, SOLD 1000 at 87.24, out + .10, SOLD 400 at 87.33, out + .19      =            $176

10:25 – BUY 800 NVDA 143.13avg, SOLD 400 at 143.15, out + .08, SOLD 200 at 143.07, out - .05 =          + $22

Total Intra-day P/L:   + $368 Profits

NVDAWDC07032017

Summary

SPY grinded higher this morning fueld by the banks while techs got slaughtered in the money rotation. We hit scalped on GNC SHORT for a reversion off the fib. We scaled into WDC and NVDA LONGS at each fib and used the coils to scalp out. The selling was too intense, so we took every change at liquidity to exit and close out the positions before they resumed the breakdowns. NVDA was a perfect storm breakdown so we didn’t hesitate to scalp out the reversions. Closed out the morning with + $368 Profits