Trades for Monday, Jan 4th, 2016: + $725 Profits

08 Jan Trades for Monday, Jan 4th, 2016: + $725 Profits

Swingtrade:  12/16/2015 – LONG 5000 CERS 6.17avg, 12/28/2015- SOLD 2500 at 6.46, out + .29         =             + $725

 

9:35 – SHORT 1200 LULU 54.73avg, COVERED 1000 at 54.44, out + .29, COVERED 200 at 54.97, out - .26            =          + $238

9:53 – SHORT 400 NKE 61.77, COVERED 300 at 61.56, out + .21, COVERED 100 at 61.63, out + .14          =            + $77

10:24 – SHORT 300 AAPL 103.24, COVERED 200 at 103.12, out + .12, COVERED 100 at 103.04, out + .20 =            + $44

11:17 – BUY 400 SVXY 45.80, SOLD 300 at 46.12, out + .32, SOLD 100 at 46.34, out + .54  =          + $150

 Total Daily P/L:          + $509

Total Weekly P/L:        + $509

Total Monthly P/L:      + $509

Total Yearly Profit:      + $509

BearSharkUVXY01042016 LULU1042016

Summary

SPY gapped down and proceeded to collapse this morning.  We scaled into LULU SHORT at 54.73avg to scalp the reversions at 54.44 and 54.97, out + .29 and - .26.  We hit NKE SHORT at 61.77 for rejection off the 61.85 fib to scalp 61.56 and 61.63, out + .21 and + .14.  We hit SVXY LONG at 45.80 on the UVXY Bearish Shark pattern to scale out 46.12 and 46.34, out + .32 and + .54.  Closed out the morning with + $509 profits.