05 Mar Trades for Thursday, Mar 5th, 2015
9:33 – SHORT 500 KR 74, COVERED 400 at 73.38, out + .62, COVERED 100 at 73.20, out + .80           =           + $328
9:44 – BUY 600 ABBV 57.68avg, SOLD 300 at 57.99, out + .21, SOLD 100 at 57.77, out + .09, SOLD 100 at 58.28, out + .60      =           + $132
10:02 – SHORT 500 JOYG 38.94avg, STOPPED 39.37, out - .43      =           - $215
10:07 – BUY 1000 ABBV 58.90, SOLD 700 at 59.36, our + .46, SOLD 300 at 59.08, out + .18      =           + $376
10:22 – SHORT 300 FB 81.80, COVERED 300 at 81.71, out + .09      =           + $27
11:00 – SHORT 1000 FB 81.66avg, COVERED 700 at 81.45, out + .21, COVERED 200 at 81.41, out + .25, COVERED 100 at 81.36, out + .30      =           + $227
Total Daily Profit: + $875
Total Weekly Profit: Â + $2,737
Total Monthly Profit: Â + $2,737
Total Yearly Profit: Â Â + $11,465
Summary:
SPY grinded up to test the daily 5 period ma this morning on Draghi press conference.  We hit KR SHORT at 74 for a beautiful rug pull after the algos stepped off to scalp the panic at 73.38 and 73.20, out + .62 and + .80. We scaled into ABBV LONG at 57.68avg to scalp 57.99, 57.77 and 58.28, out + .21, + .09 and + .60. We took light JOYG SHORT at 38.94avg but stopped out as they tightened to the 60 min 5, at 39.37, out - .43. We hit ABBV LONG at at 58.90 for perfect storm that squeezed hard to the last pivot and stinky 5s lower range to scalp 59.36 and 59.08, out + .46 and + .18.  We hit FB for a quickie reversion scalp off 81.80 fib to 81.71, out + .09 as it has been super strong lately.  Interestingly, just as we were about to call it a morning, the SPY rejected back under the 210.71 level which was the daily 5 period moving average and then triggered the 210.59 daily MSH again for a double whammy perfect storm breakdown with a MAJOR KICKER… it work up the DAILY MINI INVERSE PUP sleeping giant. This caused a panic COLLAPSE from 210.70s to 210.12 low of the day. During the SPY peak, we scaled into FB SHORT at 81.61-81.72 to avg 81.66 for the positive correlation move with the SPY as it tanked on a 5 minute and 1 minute double barrel inverse pup to scale out into plenty of liquidity at 81.45, 81.40 and 81.36, out + .21, + .25 and + .30. Closed out the morning with + $875 profits.