Trades for Monday, May 16th, 2016: + $693 Profits

16 May Trades for Monday, May 16th, 2016: + $693 Profits

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9:37 – BUY 400 AAPL 92.15, STOPPED 92.07, out - .08          =          - $32

9:40 – BUY 500 AAPL 92.12, SOLD 92.39, out + .27   =          + $135

9:50 – BUY 1500 M 30.95avg, STOPPED 800 at 30.92, out - .03, STOPPED 300 at 30.70, out - .25, SOLD 400 at 30.77, out - .18            =          - $ 171

9:57 – BUY 600 KORS 41.08avg, STOPPED 300 at 41, out - .08, SOLD 200 at 41.39, out + .31, SOLD 100 at 41.50, out + .42           =          + $80

10:02 – SHORT 900 FB 118avg, COVERED 800 at 117.67, out + .33, COVERED 100 at 117.62, out + .38    =            + $302

10:15 – SHORT 400 AAPL 93.17, STOPPED 93.26, out - .09   =          - $36

10:17 – SHORT 800 AAPL 93.16avg, COVERED 800 at 93.10, out + .06        =          + $48

10:26 – SHORT 300 FB 117.55, STOPPED 117.66, out - .11   =          - $33

10:41 – SHORT 1700 AAPL 93.29avg, COVERED 1500 at 93.14, out + .15, COVERED 200 at 93.07, out + .22            =          + $269

10:58 – SHORT 1100 AAPL 93.52avg, COVERED 900 at 93.43, out + .09, COVERED 100 at 93.37, out + .15, COVERED 100 at 93.17, out + .35       =          + $131

Total Daily P/L:          + $693 Profits

FB05162016 AAPL5252016

Summary

SPY rallied towards the daily 5 and 15 period moving averages 206.71 on the make or breaks. We hit AAPL SHORTS for reversions off key fibs this morning and took profits before they resumed the uptrend. FB set up a very nice breakdown once the 60-minute triangle cracked under 118.50 for nice leans through 117.50s. Retailers were very scattered and lacked correlation this morning as M and JWN and KORS all started to diverge with each other. Closed out the morning with + $693 Profits.