Trades for Tuesday, Sept 15th, 2015: – $235

15 Sep Trades for Tuesday, Sept 15th, 2015: – $235

9:37 – LONG 5000 XNPT 5.35avg, STOPPED 3000 at 5.18, out - .17, STOPPED 2k at 5.08, out - .27            =            - $1,040

9:52 – SHORT 500 FIT at 33.59, COVERED 33.24, out + .35   =          + $175

10:25 – SHORT 7000 YHOO 30.43avg, STOPPED 7000 at 30.46, out - .03    - $210

10:46 – SHORT 500 SPY197.80. 500 at 197.56, out + .24       =          + $120

11:02 – SHORT 8500 YHOO 30.56avg, COVERED 7000 at 30.47, out + .09, COVERED 1000 at 30.50, out + .06, COVERED 500 at 30.46, out + .10       =          + $740

11:39 – SHORT 2000 YHOO 30.70avg, COVERED 1000 at 30.76, out - .06, COVERED 1000 at 30.66, out + .04            =          - $20

Total Daily P/L:          - $235

Total Weekly P/L:        - $154

Total Monthly P/L:      + $8,168

Total Yearly Profit:      + $94,764

YHOO07152015

Summary:

SPY opened with a dual daily and 60-minute mini pup setting up for a grind most of the day.  We missed the one window of opportunity to exit XNPT longs near stinky 5s lower range 5.40 and stopped out as sellers were just too strong.  We hit FIT for a nice scalp as it peaked off the 33.67 fib.  YHOO was tricky as it followed BABA up but teetered with SPY correlation too.  We hit it for a nice re-entry short at 30.56avg for nice reversions to scalp out 30.47, 30.50 and 30.46 in the stinky 5s on large size. Closed out the morning with -$235 losses.