Trades for Wed, Aug 17, 2016: + $350 Profits

18 Aug Trades for Wed, Aug 17, 2016: + $350 Profits

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9:32  – BUY 1000 BBY 33.18avg, SOLD 1000 at 33.27, out + .09       =          + $90

9:51 – SHORT 1000 CREE 23.26avg, COVERED 800 at 23.12, out + .14, COVERED 100 at 23.13, out + .13, COVERED 100 at 23.16, out + .10       =          + $135

10:02 – SHORT 1300 AAPL 108.61avg, COVERED 1100 at 108.52, out + .09, COVERED 200 at 108.58, out + .03       =          + $105

10:20 – SHORT 300 AAPL 108.50, STOPPED 108.58, out - .08           =          - $24

10:21 – SHORT 400 AAPL 108.56, STOPPED 108.62, out - .06           =          - $24

10:28 – SHORT 400 AAPL 108.66, STOPPED 108.74, out - .08           =          - $32

10:49 – SHORT 1200 AAPL 108.66avg, COVERED 800 at 108.55, out + .11, COVERED 400 at 108.63, out + .03             =          + $100

Total Daily P/L:          + $350 Profits

Summary

SPY sold off this morning on a perfect storm breakdown. We used the selling to scalpe shorts on CREE and AAPL. BBY scaled longs to average that 33.18 fib. Closed out the morning with + $350 profits.