11 May Trades for Wednesday, May 11th, 2016: – $3,851 Losses
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9:30 –SHORT 900 EA 71.37avg, COVERED 900 at 71, out + .37       =         + $333
9:56 – BUY 500 KORS 44.78avg, SOLD 500 at 44.57, out - .22         =         - $110
10:52 – BUY 200 KORS 44.28avg, SOLD 44.15, out - .13                   =         - $26
10:54 – SHORT 3700 EA 73.14avg, STOPPED 1700 at 74.16, out – 1.02, STOPPED 1,000 at 74.11, out - .95, STOPPED 1000 at 73.89, out - .75     =         - $3,434
11:24 – SHORT 6000 EA 73.36avg, COVERED 2000 at 73.65, out - .29, COVERED 2000 at 73.68, out - .32, COVERED 1000 at 73.23, out + .13, COVERED 500 at 73.10, out + .26, COVERED 300 at 72.84, out + .52, COVERED 200 at 72.68, out + .64 = - $676
12:16 – BUY 1900 KORS 44.04avg, SOLD 44.12, out + .08    + $152
Total Daily P/L:Â Â Â Â Â Â Â Â Â - $3,851 Losses
Summary
SPY grinded off the open initially on the 60-minute make or break, but eventually sagged and formed a pretzel mini inverse pup on the 60-minute to leans back down through the daily 15 period ma at 207.31. We scaled into EA SHORTS but got squeezed until the algos finally left the building near noon. We sprawled on KORS LONGS with light size and adding on fib coils. Closed out with - $3,851 losses.