Trades for Monday, Aug 24, 2015

25 Aug Trades for Monday, Aug 24, 2015

9:35 – BUY 600 YHOO 29.23avg, SOLD 400 at 29.91, out + .68, SOLD 200 at 30.47, out + 1.44      =          + $560

9:45 – SHORT 200 SPY 191.25, COVERED 200 at 190.50, out + .75   =          + $150

9:49 – SHORT 200 SPY 189.64, COVERED 188.93, out + .71, COVERED 100 at 188.85, out + .79    =          + $221

9:58 – BUY 200 NFLX 92.53avg, SOLD 200 at 93.90, out + .37          =          + $74

10:16 – SHORT 1000 YHOO 31.92avg, COVERED 1000 YHOO 31.72, out + .20        =          + $200

10:24 – SHORT 300 FB 83.32, COVERED 200 at 82.88, out + .44, COVERED 100 at 82.65, out + .67           =            + $155

11:58 – SHORT 3000 AAPL 107.04avg, STOPPED 300 at 107.22, out + .18   =          + $540

12:10 – SHORT 2000 AAPL 107.29avg, COVERED 2000 at 106.73, out + .57 =          + $1,140

12:10 – SHORT 3000 AAPL 107.49avg, COVERED 1500 at 106.73, out + .76, COVERED 1500 at 104.49, out + 3            =          + $5,640

 

Total Daily P/L:          + $8,680

Total Weekly P/L:        + $8,680

Total Monthly P/L:      + $21,945

Total Yearly Profit:      + $78,697

AAPL-8242015-beauti YHOO08242015

Summary:

SPY was in rare form today as it leaned all the way down to 182.40 before coiling back through the 194.10 super fib.  The action was insane as ticks flew by like the good ol days during the Nasdaq 5000 era.  We hit YHOO LONG at 29.23 avg off the opening panic as it was the last fib on our chart, to scale out 29.91 and 30.47, out + .68 and + 1.44. Wow.  You never see these kind of straight moves.  We scalped the SPY and NFLX.  We scaled into AAPL SHORTS very heavily as it grinded up towards the 108.04 super fib for a ridiculous profit as we shifted to swing/range trader mentality and giving it time to choke on its own rope.   Closed out the day with + $8,680 profits!