02 Dec Trades for Friday, Dec 2, 2016: +$2,139 Profits
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Overnight: 12/1/2016 – SHORT 13.5k SKX 25.90avg (overnight position), COVERED 11.5k at 25.66, out + .24, COVERED 1.5k at 26.03, out - .13   = + $2,565
9:36 – BUY 500 SBUX 57.70, STOPPED 57.53, out - .17        =         - $85
9:50 – SHORT 2000 SKX 26.20avg, COVERED 1000 at 26.32, out - .11, COVERED 1000 at 26.22, out - .02 =           - $142
9:49 – SHORT 500 CRM 68.10avg, STOPPED even
10:03 – SHORT 500 JPM 81.33, COVERED 81.23, out + .10  =         + $50
10:24 – SHORT 500 JPM 81.16, STOPPED 500 at 81.22, out - .06    =         - $30
10:31 – SHORT 1500 JPM 81.35avg, STOPPED 1000 at 81.43, out - .08, STOPPED 500 at 81.55, out - .20 =           - $180
11:03 – BUY 300 CRM 68.56, STOPPED 68.48, out - .08       =         - $24
11:05 – BUY 300 CRM 68.57, STOPPED 68.52, out - .05       =         - $15
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $2,139 Profit
 
Summary
SPY coiled this morning to grind to the daily 5-period ma and 220.22 fib before exhausting back down towards the 15-period ma again 219.60s. We took heavy overnight shorts on SKX for a reversion perfect storm lean on the open to scale out into the panic leans 25.60s-25.70s. Very thin liquidity made for a lot of small stops this morning. Closed out the morning with + $2,139 Profits.