Trades for Wednesday, Jan. 18, 2017: + $346 Profits

18 Jan Trades for Wednesday, Jan. 18, 2017: + $346 Profits

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9:37 – BUY 1500 MS 42.07avg, SOLD 1300 at 42.19, out + .12, SOLD 200 at 42.31, out + .24         =          + $204

9:45 – BUY 1000 JPM 83.79avg, SOLD 83.89, out + .10         =          + $100

10:00 – BUY 300 M 28.64, SOLD 28.78, out + .14      =          + $42

Total Daily P/L:          + $346 Profits

MS01182017labelled

Summary

SPY in a tight daily make or break along with the 60-min stochastic stalled out. We scalped reversion bounces on JPM and MS off key fib supports as well as M for low hanging fruit lunch money scalps. Closed out the morning with + $346 Profits.