Trades for Thurs, Oct 20, 2016: + $304 Profits

20 Oct Trades for Thurs, Oct 20, 2016: + $304 Profits

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9:30 – SHORT 400 AXP 65.30, COVERED 300 at 64.95, out + .35, COVERED 100 at 64.88, out + .42           =            + $147

9:42 – SHORT 400 AXP 66avg, COVERED 300 at 65.80, out + .20, STOPPED 100 at 66.20, out  - .20           =            + $40

9:47 – SHORT 500 EBAY 29.25, COVERED 400 at 29.12, out + .13, COVERED 100 at 29.10, out + .15        =            + $67

9:59 – BUY 300 YELP 34, SOLD 200 at 34.11, out + .11, SOLD 100 at 34.28, out + .28         =          + $50

 

SWINGS:

Open:

9/30: LONG 6500 ASNA 5.59avg, added 500 at 4.81, avg is 7000 LONG at 5.48

Total Daily P/L:          + $304 Profits

AXP10202016labelled

Summary

SPY chopped again to attempt to re-penetrate that 214.37-214.67 low-end of prior trading range to no avail in the morning. We hit AXP for reversion shorts off the open on the 1-minute mini inverse pup slips. We took EBAY short for leans to the 29.08 fib and hit YELP long for the 5-minute MSL long triggers for scalps on light shares all around due to thinner overall market liquidity. Closed out the morning with + $304 Profits.