Trades for Thursday, May 26th, 2016: + $878 Profits

26 May Trades for Thursday, May 26th, 2016: + $878 Profits

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9:33 – SHORT 600 NFLX 103.80avg, COVERED 400 at 103.10, out + .80, COVERED 200 at 102.88, out + .92            =          + $504

9:34 – SHORT 500 ANF 22.25, COVERED 22.21, out + .04     =          + $20

9:45 – BUY 300 NERV 8.60, SOLD 8.79, out + .19                  =          + $57

9:53 – SHORT 300 WMT 71.24, COVERED 71.10, out + .14   =          + $42

10:32 – SHORT 2700 NFLX 103.31avg, COVERED 2000 at 103.23, out + .08, COVERED 500 at 103.22, out + .09, COVERED 200 at 103.06, out + .25          =          + $ 255

Total Daily P/L:          + $878 Profits

NFLX05262016finally

Summary

SPY grinded towards it upper daily Bollinger bands and peaked out. We hit NFLX SHORTS off the open near the 103.90-103.75 triple fib resistances for beautiful leans back down to the 102.88 fib. We scaled in again carefully on the spikes back to 103.75 for a beautiful reversion right back down through 102.88 fib. Had a few small scalps on ANF, NERV and WMT.  Closed out the morning with + $878 Profits.