Trades for Tues, Jan 5th, 2016: + $526 Profits

08 Jan Trades for Tues, Jan 5th, 2016: + $526 Profits

Swingtrade:  12/16/2015 – LONG 5000 CERS 6.17avg, 12/28/2015- SOLD 2500 at 6.46, out + .29, + $725, 1/5/2015- SOLD 1000 at 6.36, out + .19, out + $190

9:37 – SHORT 700 SWHC 25.95avg, COVERED 600 at 25.64, out + .31, COVERED at 25.57, out + .38        =            + $224

9:50 – BUY 500 FSLR at 71.63, STOPPED 300 at 71.55, out - .08, STOPPED 200 at 71.05, out - .58 =          - $140

10:19 – BUY 600 SWHC 26avg, SOLD 400 at 25.97, out - .03, SOLD 200 at 26.20, out + .20            =          + $28

11:20 – BUY 1700 SVXY 47.59avg, SOLD 1100 at 47.89, out + .30, SOLD 400 at 47.44, out - .15, SOLD 200 at 47.36, out - .23            =          + $224

 Total Daily P/L:          + $526

Total Weekly P/L:        + $1,032

Total Monthly P/L:      + $1,032

Total Yearly Profit:      + $1,032

Summary

SPY rallied this morning back up towards the 201.80 point B SPY bearish butterfly trigger area before peaking out.  We scaled into SWHC SHORT at 25.95avg at the fib for nice reversions back down to stinky 5s area.  FSLR chopped us around.  We caught a nice move on SVXY LONG at 47.59avg in anticipation of the Seedwave and symmetrical triangle breakout as we scaled out 47.89, out + .30 and then stopped out the rest at 47.44 and 47.36, out + .30, - .15 and - .23 as the bears took out the triangle lower trendline as it turned into a perfect storm breakdown on the rifle charts.  Closed out the morning with + $526 profits.