Trades for Wed, May 13th, 2015

13 May Trades for Wed, May 13th, 2015

9:36 – SHORT 500 DHR 88.84avg, COVERED 400 at 88.55, out + .29, COVERED 100 at 88.35, out + .49            =            + $165

9:45 – SHORT 400 M 65, COVERED 300 at 64.56, out + .44, COVERED 100 at 64.45, out + .55            =            + $187

9:53 – BUY 400 KMX 71.50avg, STOPPED at 70.88, out - .62                   =            - $310

9:58 – SHORT 400 YELP 48.79, STOPPED at 48.93, out - .14       =            - $56

10:02 – SHORT DHR 88.39avg, COVERED 700 at 88.19, out + .20, COVERED 200 at 87.93, out + .46, COVERED 100 at 87.77, out + .62       =            + $294

10:37 – SHORT 500 M 43.62, STOPPED 43.91, out - .31       =            - $155

10:41 – BUY 1000 M 43.80avg, STOPPED 43.72, out - .08       =            - $80

11:12 – BUY 1000 FEYE 42.84avg, SOLD 800 at 43.05, out + .21, SOLD 100 at 43.24, out + .40, SOLD 100 at 43.35, out + .51       =            + $259

11:38 – BUY 1000 FEYE 43.23avg, SOLD 800 at 43.66, out + .43, SOLD 100 at 43.53, out + .30, SOLD 100 at 43.61, out + .38       =            + $412

Total Daily P/L:     + $716

Total Weekly P/L:      + $1,465

Total Monthly P/L:      + $3,250

Total Yearly Profit:   + $26,493

Summary

SPY gapped up this morning only to peak out 60 min stochastics and work its way back down on the mini inverse pup towards the 209.74 fib. We hit DHR shorts off the open as well as M on dual mini inverse pups.   DHR had a nice 15 minute mini inverse pup that allowed us to short it continuously .We stepped in too early on light shares of KMX assuming that 72.16 would trigger for a monster weekly seedwave but ended up stopping out, price you pay for not waiting for confirmation. We hit FEYE twice long on back to back 1 minute seedwaves that moved towards the 1.618 fib targets to lock out 43.61 before a bearish butterfly kicked in taking down to the 1.27-1.414 downside targets at 42.95-42.83. The second entry was scaled in at 43.35 and most important at 43.10, which was right at the super duper FIB support, what a gift! Amazing stuff. Carved out + $716 profits this morning.