Trades for Wednesday, Aug. 2, 2017: + $466 Profits

02 Aug Trades for Wednesday, Aug. 2, 2017: + $466 Profits

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9:32 – SHORT 200 AAPL 159, COVERED 158.92, out + .08    =          + $16

9:44 – SHORT 1200 BBY 59.98avg, COVERED 1000 at 59.76, out + .22, COVERED 100 at 59.66, out + .32, COVERED 100 at 59.62, out + .36       =          + $288

10:06- SHORT 100 LL 34.86, STOPPED 34.96, out - .10          =          - $10

10:20 – SHORT 900 SGMS 37.88avg, COVERED 700 at 37.65, out + .23, COVERED 200 at 37.75, out + .13            =          + $172

Total Intra-day P/L:   + $466 Profits

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Summary

SPY make or break continues on the daily but the 5-pd ma break triggered a trap doonr panic to the daily 15 period ma 246.60s area. We hit BBY and SGMS SHORTS on perfect storm breakdowns but most importantly on the SPY intra-day perfect storm leans for nice scaled profits. Closed out morning with + $466 Profits.