Trades for Tuesday, Apr 14th, 2015

14 Apr Trades for Tuesday, Apr 14th, 2015

9:38 – BUY 500 BLDR 13.10, SOLD 13.24, out + .14       =            + $90

9:54 – SHORT 1500 CSX 32.66, STOPPED 32.84, out - .18       =            - $270

10:07 – SHORT 500 NSC 98.30, COVERED 400 at 98.17, out + .13, COVERED 100 at 97.90, out + .40            =            + $92

10:24 – BUY 1000 BLDR 13.26, SOLD 800 at 13..42, out + .16, SOLD 100 at 13.44, out + .18, SOLD 100 at 13.35, out + .09       =            + $155

11:02 – SHORT 700 JPM 62.91, COVERED 600 at 62.80, out + .11, COVERED 100 at 62.89, out + .02            =            + $79

Total Daily Profits:      + $146

Total Weekly Profit:   + $803

Total Monthly Profit: + $6,771

Total Yearly Profit:    + $24,886

BLDR04142015

Summary:

SPY tested and coiled back up through the 208.63 daily MSH #2 this morning on a perfect storm as the daily 5pd ma at 209.01 also attempted to break and base. Overall still a dry climate. We hit BLDR LONG at 13.10 to scalp the 13.24 as it overshot into the 13.30s. We hit BLDR LONG again at 13.27 to target the super fib which it squeezed through up to 14, we scaled out at 13.42, 13.44 and 13.35, out + .16, + .18 and + .09.   We scaled into CSX SHORT at 32.66avg as NSC was breaking down for a peer sympathy play but CSX continued to hold firmly and grind. We hit NSC SHORT at 98.30 to scale out 98.17 (near 93.12 fib) and lock 97.90, out + .14 and + .40. We took a quick short on JPM at 62.91 on a late entry perfect storm breakdown to clip out 62.80 and 62.89, out + .11 and + .02. Dry climate morning, played it close to the vest. Carved out + $146 profits.