Trades for Thursday, Dec. 22, 2016: + $185 Profits

22 Dec Trades for Thursday, Dec. 22, 2016: + $185 Profits

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9:34 – BUY 1000 TWTR 16.57avg, SOLD 16.65, out + .08      =          + $80

9:52 – SHORT 700 BBBY 43.55avg, COVERED 500 at 43.42, out + .13, COVERED 200 at 43.35, out + .20  =            + $105

Total Daily P/L:          + $185 Profits

BBBYTWTR12222016

 

Summary

SPY battled at the 225.40 lower range gatekeeper fib this morning. We hit TWTR LONG off the critical 1.618 fib area for a scalp as well as BBBY SHORT off the gatekeeper .618 fib for a scalp. We stuck to very light shares as will do so through the end of the month due to thin liquidity. Closed out the morning with + $185 Profits.