02 Dec Trades for Tuesday, Dec 1st, 2015: – $2,878 Losses
Swing: SHORT 14,500 URBN at 21.43avg, STOPPED 7,500 shares 24.05, out – 2.62       =         - $19,650
Swing:Â SHORT 13,400 NUAN at 20.25avg
Overnight:Â SHORT 1000 CRUS 32.96
9:36 – BUY 600 BLOX 18.03avg, STOPPED 17.98, out - .05  =         - $30
9:44 – SHORT 400 UA 87.60, COVERED 87.28, out + .32      =         + $128
10:08 – SHORT 200 AMBA 62.68, COVERED 200 at 62.15, out + .53           =         + $106
10:38 – SHORT 400 CRUS 32.94, STOPPED 33, out - .06       =         - $24
11:08 – BUY 1500 BLOX 18.32avg, STOPPED 18.26, out - .06          =         - $90
12:07 – SHORT 1500 VRX 94.41avg, COVERED 94.24, out + .17      =         + $255
2:11 – SHORT 3000 VRX 96.81avg, STOPPED 98.44, out – 1.63       =         - $4,890
2:43 – BUY 2000 VRX 98.80, SOLD 1500 at 99.66, out + .84, SOLD 300 at 99.71, out + .89, SOLD 200 at 99.60, out + .70         =         + $1,667
Total Daily P/L:Â Â Â Â Â Â Â Â Â - $2,878
Total Weekly P/L: Â Â Â Â Â Â - $2,559
Total Monthly P/L:Â Â Â Â Â - $2,559
Total Yearly Profit:Â Â Â Â + $140,411
Summary:
SPY sold off down to the daily 5 period ma and 209.22 super fib before coiling and grinding back up the rest of the day towards that 210.59 fib. There was very thin liquidity in a dry climate, which made stocks float. We scalped AMBA and UA for nice clips but very small shares. We got ramped against on VRX SHORT at 94.41avg and trimmed out ¾ instead of the full lot at 94.24, out + .17. VRX went into a massive short squeeze that continued to grind and stopped us out of the SHORTS at 98.44. We reversed VRX LONG at 98.80 to scale out profits up to the 99.78 fib to trim some red. We took CRUS SHORT overnight as AAPL sold off and the peer components makers closed with stars and dojis (SWKS, NXPI). Closed out the day with - $2,878 losses.