Trades for Wednesday, September 9th, 2015

09 Sep Trades for Wednesday, September 9th, 2015

9:44 – SHORT 800 AAPL 112.65, COVERED 600 at 112.36, out + .29, COVERED 100 at 112.24, out + .41, COVERED 100 at 112.05, out + .60     =          + $275

9:56 – SHORT 300 PLAY 40.89, COVERED at 40.73, out + .16                       =          + $48

10:01 – SHORT 1000 AKBA 12.49avg, COVERED 800 at 12.22, out + .27, COVERED 200 at 12.37, out + .12            =          + $240

10:19 – SHORT 400 AAPL 111.95, STOPPED 112.12, out - .17           =          - $68

10:23 – SHORT 1000 AKBA 12.14, COVERED 800 at 11.85, out + .29, COVERED 200 at 11.94, out + .20    =            + $272

Total Daily P/L:        + $767

Total Weekly P/L:        + $861

Total Monthly P/L:      + $3,884

Total Yearly Profit:      + $90,212

AAPL09092015 AKBA09092015pt2

Summary:

SPY gapped to the 199.27 weekly 5 period ma and rejected off the + .20 coil resistance 199.47 on the nose and proceeded to sell-off on the 60 minute mini inverse pup.  We tagged AAPL SHORT at 112.65avg for a nice 5/1 minute dual mini inverse pup to scale out safely on leans towards the 111.95 fib.  We hit AKBA SHORT twice on a reversion to the 12.30/12.19 fib and then on the 12.19 fib BREAKDOWN which eventually got to the 11.57 fib before coiling.  AKBA had a 60 minute mini inverse pup on the opening bell which pretty much spelled DOOM for any longs that didn’t scalp the sweeps.  Low stress trades this morning for + $767 profits within the first 60 minutes.