Trades for Wed, Oct 12, 2016: + $251 Profits

12 Oct Trades for Wed, Oct 12, 2016: + $251 Profits

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9:32 – BUY 400 CUDA 26.05, SOLD 300 at 26.50, out + .45, SOLD 100 at 26.30, out + .25  =          + $160

10:02 – SHORT 2000 YUM 88avg, STOPPED 1500 at 88.15, out - .15, STOPPED 500 at 88.30, out - .30      =            - $375

10:17 – SHORT 2000 CXW 14.58, COVERED 2000 at 14.40, out + .18           =          + $360

10:51 – BUY 1000 YUM 88.41avg, SOLD 800 at 88.50, out + .09, SOLD 200 at 88.58, out + .17      =          + $106

SWINGS:

 

Open:

9/30: LONG 4000 ASNA 5.73avg (10/6- added 500 at 5.66),

9/28: SHORT 500 CXW 14.66avg

Total Daily P/L:          + $251 Profits

CUDA10122016labelled

Summary

SPY broke the lower range fibs this morning. Thin volume is keeping action light ahead of FOMC minutes. We hit a CUDA LONG for scalps on thrusts through the 26.45 fib. We stopped out of YUM SHORTS are it basically gap filled at the 88.88 area and took YUM LONG as it based the 1.618 fib at 89.32 to scalp some lunch money. Closed the morning with + $251 Profits.