Trades for Thursday, Oct 27, 2016: + $126 Profits

27 Oct Trades for Thursday, Oct 27, 2016: + $126 Profits

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9:34 – BUY 1100 GRPN 4.42avg, SOLD 1100 at 4.50, out + .08         =          + $80

9:44 – BUY 700 GPRN at 4.37avg, SOLD 400 at 4.38, out + .01         =          + $7

10:56 – SHORT 300 TXN 71.70, COVERED 71.53, out + .17   =          + $51

SWINGS:

Open:

9/30: LONG 6500 ASNA 5.59avg, added 500 at 4.81, avg is 7000 LONG at 5.48

Total Daily P/L:          + $138 Profits

TXN10272016finalelabelled

Summary

SPY was weak this morning as it once again rejected off the 114.67 fib off the open to test the 213.15 fib support. We hit GRPN LONG for a reversion scalp but the selling pressure was monstrous. We scalped TXN SHORT on the perfect storm leans. Keeping things close to the vest and ammo dry as liquidity is very thin out there. Closed out the morning with + $138 Profits.