Trades for Monday, June 20th, 2016: + $544 Profits

20 Jun Trades for Monday, June 20th, 2016: + $544 Profits

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10:26 – BUY 1000 UVXY 11.44avg, STOPPED 600 at 11.40, out - .06, STOPPED 400 at 11.38, out - .06      =            - $60

11:03 – BUY 800 UVXY 11.47, STOPPED 11.32, out - .15       =          - $120

10:36 – SHORT 10,000 GPS 20.81avg, COVERED 8,000 at 20.75, out + .06, COVERED 1,500 at 20.81, out even, COVERED 500 at 20.79, out + .02       =          + $490

11:15 – BUY 1000 SDS 18, SOLD 800 at 18.07, out + .07, SOLD 200 at 18.03, out + .03       =          + $62

11:20 – SHORT 2000 TWTR 16.58avg, COVERED 1700 at 16.47, out + .11, COVERED 300 at 16.63, out - .05            =          + $172

Total Daily P/L:          + $544 Profits

TWTR06202016

Summary

SPY gapped and crapped today as it peaked off the 209.60 stinky 5s area and melted slowly back down on the 60-minute and 15-minute mini inverse pups. We scaled into GPS shorts for the reversion back down especially with M and JWN peers selling off. We tagged TWTR SHORT off that 16.60 fib which was the 1.618 we been stalking. UVXY was trading crappy so we switched to SDS. A lot of waiting today, but eventually reversions sank in.  Closed out with + $544 Profits.