25 Jul Trades for Monday, July 25, 2016: + $503 Profits
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9:30 – SHORT 1000 YHOO 39.16, COVERED 38.98, out + .18                       =         + $180
9:34 – SHORT 2000 YHOO 38.90, COVERED 1500 at 38.78, out + .12, COVERED 400 at 38.66, out + .24, COVERED 100 at 38.63, out + .27      =         + $303
9:44 – SHORT 1000 MU 14.17avg, STOPPED 14.24, out - .08           =         - $80
9:48 – SHORT 1000 YHOO 38.68, COVERED 38.56, out + .08                       =         + $80
10:13 – SHORT 1000 AMD 6.25avg, COVERED 6.23, out + .02         =         + $20
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $503 Profits
 
Summary
SPY had a nutty pre-market mistick that screwed up the 60-minute charts. We scalped YHOO reversion shorts as a perfect storm breakdown set in, after peaking the 1.618 fib at 39.25, covering the whole range from 39.16 to 38.56. Â Closed out the morning with + $503 Profits.Â