10 Jun Trades for Friday, June 10th, 2016: + $3,631 Profits
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Swings: 6/6/2016- SHORT 7,300 ACAD 39.60avg,
6/10/2016 – COVERED 6,000 at 39.10, out + .50, COVERED 1300 at 38.90avg, out + .70  =         + $3,910
10:14 – BUY 1500 RH 27.28avg, STOPPED 27.95, out - .33  =         - $495
10:31 – SHORT 2500 MRVL 9.77avg, COVERED 1500 at 9.76, out + .01, COVERED 1000 at 9.73, out + .40           =         + $55
11:03 – BUY 500 NFLX 93.88avg, SOLD 400 at 94.18, out + .30, SOLD 100 at 94.29, out + .41       =         + $161
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $3,631 Profits
Summary
SPY sold off on the opening 60-min make or break. ACAD swing shorts finally went green as the LABU (biotech etf) formed a stairstep mini inverse pup on the daily allowing for us to trim out shorts into the fibs 38.75 – 39.20 range. We hit NFLX for a nice coil off the 1.618 fib at 98.88 for scalps. RH had no algo ramps surprisingly after yesterday’s crazy volatility. Closed out with + $3,631 Profits.