Trades for Monday, Mar 23rd, 2015

23 Mar Trades for Monday, Mar 23rd, 2015

9:42 – SHORT 1200 GILD 100.71avg, COVERED 1000 at 100.41, out + .30, COVERED 100 at 100.32, out + .39, COVERED 100 at 100.11, out + .60    =            + $399

9:52 – BUY 400 THC 51.75, SOLD 300 at 51.82, out + .07, SOLD 52.12, out + .37            =            + $58

10:01 – BUY 500 ABBV 60.60, STOPPED 60.57, out - .03       =            - $15

10:23 – BUY 1000 ABBV 60.78avg, SOLD 800 at 61.02, out + .24, SOLD 100 at 60.97, out + .19, SOLD 100 at 60.88, out + .10       =            + $269

10:45 – BUY 300 ABBV 61.02, STOPPED 60.93, out - .08       =            - $24

10:58 – SHORT 400 M 65.89, STOPPED 65.98, out - .09       =            - $36

11:06 – BUY 1000 TWTR 48.47avg, SOLD 800 at 48.72, out + .24, SOLD 200 at 48.62, out + .15       =            + $222

Total Daily Profit:   + $814

Total Weekly Profit:   + $814

Total Monthly Profit: + $8,145

Total Yearly Profit:    + $16,873

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Summary:

SPY opened with a daily mini pup and 60 minute stochastic cross up. GILD popped off a gap down through the 100.50 super fib. We scaled into GILD SHORT at 100.71avg for the reversion and 1 minute MSH trigger on a 100.63 break for beautiful exhaustion tightening to scale out 100.41, 100.32 and 100.11, out + .30, + .39 and + .60. We hit THC LONG at 51.75 on a perfect storm breakout to scalp 51.82, out + .07 and lock 52.12 as it popped to the 52.35 super fib. We hit ABBV LONG at 60.60 but took a quick stop at 60.57, out - .03 to see how well the stinky 5s held the 1 minute reversion. We re-entered ABBV LONG at 60.78avg for a perfect storm breakout to scale 61.02, 60.97 and 60.88, out + .24, + .19 and + .10. We hit M SHORT at 65.89 but stopped out 65.98, out - .09 as it was too flat. We hit TWTR LONG at 48.47avg on a perfect storm breakout and 5 minute seed wave for a nice squeeze to scalp into liquidity at 48.72 and 48.62. Smooth trading this morning with the fibs playing out well as the SPY chopped in a tight range most of the morning. Closed out + $814 profits.