08 Apr Trades for Friday, April 8th, 2016: + $390 Profits
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9:31 – SHORT 700 UA at 45.03avg, COVERED 600 at 44.83, out + .20, COVERED 100 at 44.63, out + .40 =           + $160
9:49 – BUY 1600 GPS 24.49avg, SOLD 1400 at 24.60, out + .11, SOLD 200 at 24.65, out + .16       =         + $186
9:57 – SHORT 300 DEPO at 17.33, COVERED at 17.18, out + .15     =         + $45
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $390 Profits
Summary
SPY rallied this morning on the 60-minute mini pup through the daily 5 period ma at 205.30 this morning. We hit UA SHORT for a nice reversion down on the post-split gap as the pre-split fibs still worked as it topped out at the 45.57 fib. We hit GPS LONG for a reversion bounce off the 24.45 fib to scalp. DEP slipped back under the 17.60 fib for a nice short to lean to the 16.85 fib. Played light shares for stress-free scalps. Playing defensively until we get to earnings season around the corner. Closed out the morning with + $390 profits.