Trades for Thursday, November 5th. 2015: + $1,658

05 Nov Trades for Thursday, November 5th. 2015: + $1,658

9:35 – SHORT 1000 FEYE 23.86avg, COVERED 700 at 23.41, out + .45, COVERED 100 at 23.60, out + .26, COVERED 200 at 23.16, out + .70       =          + $481

9:50 – BUY 300 FB 110.04, STOPPED 109.81, out - .23          =          - $99

9:59 - BUY 300 FB 109.90, SOLD 200 at 110.34, out + .44, SOLD 100 at 110.53, out + .63   =          + $151

10:21 – BUY 300 QCOM 52.98, SOLD 200 at 53.23, out + .25, SOLD 100 at 53.27, out + .29           =          + $79

10:49 – BUY 3900 QCOM 51.86avg, SOLD 3200 at 51.98, out + .12, SOLD 500 at 51.82, out - .04, SOLD 100 at 51.97, out + .11, SOLD 100 at 51.87, out + .02           =          + $377

11:08 – SHORT 600 VRX 79.70avg, COVERED 500 at 78.65, out + 1.05, COVERED 100 at 79.25, out + .45 =            + $570

Total Daily P/L:          + $1,658

Total Weekly P/L:        + $4,521

Total Monthly P/L:      + $4,521

Total Yearly Profit:    + $148,499

VRX11052015 FAILEDPerfectStormFEYE11052015

Summary:

SPY peaked out today as it slipped back under the daily 5pd ma and chopped at the 209.70s.  We hit FEYE SHORT at 23.86avg off the open going AGAINST the PERFECT STORM BREAKOUT attempt as they were trying to pop through 24.  However, there was a MONSTER buying at the 24.81 fib and likely he was dumping but the 1 minute peaked and then the domino effect triggered as the and 5 and 15 min mini pups failed hard allowing us to scale out 23.41, 23.60 and 23.16 in panic, out + .45, + .26 and + .70.  We hit FB LONG at 109.90 on reentry to scale the thrusts up the 110.53 but failed to hit that SHORT off the 110.67 fib resistance we talked about in the premarket… grrr. We had to defensive scale sprawl into QCOM LONG at 51.86avg on the most extreme sell-off in years to scalp out on reversions back towards the 52.17 fib.  We caught VRX SHORT at 79.70avg for a nice scalp into the 78.65 overshoots as it got a reversion off the 79.51 upper range fib. Closed out the morning + $1,658 Profits.