Trades for Tuesday, Sept. 12, 2017: + $1,349 Profits

12 Sep Trades for Tuesday, Sept. 12, 2017: + $1,349 Profits

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9:36 – SHORT 800 SAGE 72.35avg, COVERED 700 at 71.75, out + .60, STOPPED 100 at 73.40, out – 1.05  =            + $455

9:45 – SHORT 1300 ICPT 92.06avg, COVERED 91.50, out + .56         =          + $728

9:49 – SHORT 500 SAGE 74.71avg, COVERED 300 at COVERED 73.70, out + 1.01, COVERED 100 at 73.60, out + 1.11, COVERED 100 at 73.65, out + 1.06     =          + $520

10:00 – SHORT 200 ICPT 91.90, STOPPED 92.17, out - .27    =          - $54

10:07 – SHORT 300 AAPL 160.33, STOPPED 160.53, out - .20           =          - $60

10:13 – SHORT 2000 WDC 87.84avg, STOPPED 500 at 87.96, out - .12       =          - $240

Total   P/L:      + $1,349 Profits

ICPT09122017finfin-labelled

Summary

SPY gapped and held the stinky 5s levels most of the morning 249.50s. We hit some extremely volatile dumpers this morning on SAGE and ICPT SHORTS for nice panic leans to scalp out before the algo sweeps kicked in. WDC  wouldn’t crack the 87.74 fib necessary for the perfect storm breakdown as liquidity just thinned out at the daily 5-period ma which is in a mini inverse pup, but the lack of volume blurrs the set-up. Closed out the morning with  + $1,349 Profits