05 Jan Trades for Thursday, Jan 5, 2017: + $677 Profits
Last Spots For Winter one-on-one LIVE mentorships trader training with Jea Yu for 2-5 day mentorships are available and online coaching sessions.  Beginners to seasoned traders are welcome as the training is customized to the individual. Contact  us for dates and details or email JeaYu21@gmail.com directly.  Spots are limited!
Free 4-day trial to our LIVE Trade Alerts chatroom here
=====
9:40 – BUY 400 TGT 71, SOLD 71.40, out + .40         =         + $160
9:45 – BUY 400 JWN 45, SOLD 300 at 45.10, out + .10, STOPPED 100 at 44.90, out - .10   =         - $40
9:51 – BUY 400 JWN 44.65, SOLD 300 at 44.70, out + .05, SOLD 100 at 45.05, out + .40    =         + $55
10:15 – BUY 300 UAA 30.20, STOPPED 30.15, out - .05        =         - $15
10:32 – SHORT 600 BBY 42.21avg, COVERED 42.11, out + .10        =         + $60
10:56 – BUY 200 JPM 85.85, SOLD 85.95, out + .10  =         + $20
11:18 – BUY 300 JPM 85.68, STOPPED 85.66, out - .02        =         - $6
11:26 – BUY 400 JPM 85.75, STOPPED 85.73, out - .02        =         - $6
+ $228 intra-day profits
Swings/Overnights
1/4/2017 – LONG 2k TWTR 16.69avg,
1/5/2017 - SOLD 1500 TWTR at 16.90, out + .21, SOLD 300 at 16.92, out + .22, SOLD 100 at 16.99, out + .33, SOLD 100 at 17.04, out + .35Â Â Â Â Â =Â Â Â Â Â Â Â Â Â + $449 swing profits
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $677 Profits
 
Summary
SPY got nailed this morning as it sold off back down through the 225.85 MSL trigger towards the 225.40 fib. We closed out our overnight TWTR LONG shares from 16.69avg in the 16.90s-17.05 range this morning as it peaked at 17.10 just near that 17.12 fib target. We scalped TGT LONG on the coil based on M initial coils. Lot of chop out there resulted in small scalps. The banks got crushed as massive profit taking kicked in. Closed out the morning with + $677 Profits.