Trades for Tuesday, July 11, 2017: + $327 Profits

11 Jul Trades for Tuesday, July 11, 2017: + $327 Profits

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10:02 – SHORT 1600 ARNA 27.25avg, COVERED 1200 at 27.04limit, out + .21, COVERED 400 at 27.36, out - .11                   =          + $

10:51 – SHORT 1500 MU 31.21avg, COVERED 1200 at 31.14, out + .07, COVERED 300 at 31.12, out + .09

Total Intra-day P/L:   + $327 Profits

 

ARNA07112017finalelabelled

Summary

SPY was volatile today on the daily make or break. We scaled into ARNA SHORTS for nice scalps on volume leans through 27. MU tagged the 31.22 fib for an quick nominal reversion short.  Closed out the morning with + $327 Profits