Trades for Thurs, Oct 6, 2016: + $344 Profits

06 Oct Trades for Thurs, Oct 6, 2016: + $344 Profits

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9:39 – BUY 1500 TWTR 20.85avg, SOLD 1000 at 20.94, out + .09, SOLD 500 at 20.83, out - .02     =          + $80

10:08 – BUY 600 ALNY 35.89avg, SOLD 500 at 36.10, out + .21, SOLD 100 at 36.28, out + .39        =          + $141

10:20 – SHORT 200 ZUMZ 20.30, STOPPED 20.45, out  - .13 =          - $26

10:46 – BUY 1400 ALNY 36.96avg, SOLD 1200 at 37.22, out + .26, SOLD 100 at 37.32, out + .36, SOLD 100 at 37.42, out + .46           =          + $394

10:54 – SHORT 1400 ZUMZ 20.72avg, STOPPED 1200 at 20.88, out - .16, STOPPED 200 at 20.82, out - .10            =          - $244

+ $344Profits *intra-day

SWINGS:

Open:

9/30: LONG 3500 ASNA 5.73avg (10/6- added 500 at 5.66),

9/28: SHORT 500 CXW 14.66avg

Total Daily P/L:          + $344 Profits

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Summary

SPY continued to chop in the lower fib ranges this morning. We scalped ALNY longs for nice gains this morning. We scalped TWTR for a small coil but 21 was too thick to crack and we stopped out once the 20.84 fib started to crack to side-step the sell-off to the 20.15 fib. ZUMZ was super thin on liquidity causing a grinding short squeeze, we defensive sprawl scaled into and used the 1 minute mini inverse pup reversions to scale out into what liquidity was there to minimize losses. Closed the morning with + $344 Profits.