16 Aug Trades for Tues, Aug 16, 2016: + $3,938 Profits
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Overnights:
8/15- SHORT 27k TWTR at 20.54avg, COVERED 24k at 20.42, out + 12, COVERED 2000 at 20.36, out + .18, COVERED 500 at 20.50, out + .04, COVERED 500 at 20.62, out - .08Â Â Â Â Â Â Â Â Â Â Â =Â Â Â Â Â Â Â Â Â + $3,220
8/15- LONG 3k LGF at 21.92avg, SOLD 2000 at 21.99, out + .07, SOLD 1000 at 22, out + .08Â Â Â Â Â Â Â Â Â =Â Â Â Â Â Â Â Â Â + $220
Intra-Day Trades
9:32 – SHORT 1500 HAIN at 39.25avg, COVERED 1100 at 39.02, out + .23, COVERED 200 at 39.82, out + .43, COVERED 100 HAIN at 39.66, out + .69, COVERED 100 at 39.22, out + .03 =         + $411
9:41 – SHORT 300 DKS 59, STOPPED 59.20, out - .20                       =         - $60
10:45 – SHORT 300 DKS 59.05, COVERED 300 at 58.82, out + .23   =         + $69
10:50 – SHORT 500 AAPL 110, COVERED 500 at 109.86, out + .14  =         + $70
11:02 – SHORT 200 DKS 59.30avg, COVERED 200 at 59.26, out + .04         =         + $8
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $3,938 Profits
 
Summary
SPY opened this morning with a 60-minute mini inverse pup as it attempted to form perfect storm breakdowns in the morning but again the sellers dissipated or got trapped as the bulls continue to grind into deadzone. We got the pullback on TWTR SHORTS this morning as profit takers took it down towards the 20.32 fib area allowing the overnight shorts to lock in profits on massive liquidity. LGF had a perfect storm but a tough time basing 22 warranting a scalp on the overnight. HAIN set-up a nice perfect storm breakdown trigger as we nailed the SHORT at 39.25avg to scale out into the rug pullbacks. Closed out the morning with + $3,938 profits.