Trades for Weds, Oct 21st, 2015: + $854 Profits

21 Oct Trades for Weds, Oct 21st, 2015: + $854 Profits

9:35 – SHORT 800 SYT 68.51avg, STOPPED 68.67, out - .16  =          -$128

9:42 – BUY 500 TWTR 28.77, SOLD 29.11, out + .34  =          + $170

9:51 – SHORT 500 YHOO 31.88, COVERED 31.71, out + .17  =          + $85

10:23 – BUY 2500 MU 16.30avg, SOLD 2000 at 16.38, out + .08, SOLD 300 at 16.46, out + .16, SOLD 200 at 16.50, out + .20           =          + $228

11:11 – BUY 4300 TWTR 29.01avg, SOLD 3500 at 29.13, out + .12, SOLD 500 at 29.09, out + .08, SOLD 300 at 29.14, out + .13           =          + $499

Total Daily P/L:          + $854

Total Weekly P/L:        + $565

Total Monthly P/L:      + $15,837

Total Yearly Profit:    + $137,051

Summary:

SPY gapped this morning to that 203.75 monthly 15 period ma resistance and 203.93 fib area setting up the reversion back to the stinky 2.50s under the daily 5 period ma at 202.93.  We stopped out of SYT SHORT as it held support off 68.30 to bounce back up through the 68.71 fib.  We caught nice pops on TWTR LONG off 28.77 to 29.11 just under that 29.13 fib into liquidity spikes.  We scaled into MU LONG at 16.30avg as it bottomed out at the 15.92 fib for a break through the 16.34 and 16.43 fibs to scalp out 16.38, 16.46 and 16.50 on medium size.  We scaled into TWTR LONG at 29.01avg into a sinkhole that was plugged by a MASSIVE BUYER at 28.90 triggering the 5/1 minute dual mini pups back to the 29.13 fib overshoots, to scale out 29.13, 29.09 and 29.14.  We closed out the morning with + $854 profits.