Trades for Thursday, July 14th, 2016: + $781 Profits

14 Jul Trades for Thursday, July 14th, 2016: + $781 Profits

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9:31 – SHORT 1000 JPM 64.80, COVERED 700 at 64.56, out + .24, COVERED 300 at 64.42, out + .38        =            + $282

9:43 – SHORT 300 YUM 89.55, COVERED 200 at 89.15, out + .40, COVERED 100 at 88.80, out + .75         =            + $155

9:53 – SHORT 700 AAPL 97.70, COVERED at 97.67, out + .03           =          + $21

10:01 – BUY 500 AAPL 97.74, SOLD 400 at 97.83, out + .09, SOLD 100 at 97.95, out + .21  =          + $57

10:07 – SHORT 2000 VRX 22.64avg, COVERED 1800 at 22.44, out + .20, COVERED 200 at 100 at 22.50, COVERED 100 at 22.41, out + .23       =          + $403

10:24 – SHORT 1400 APPL 98.19avg, STOPPED 1400 at 98.34, out - .15      =          - $210

10:41 – SHORT 1000 AAPL 98.37avg, STOPPED 1000 at 98.39, out - .02      =          - $20

10:59 – SHORT 1900 AAPL 98.38avg, STOPPED 1400 at 94.45, out - .08, STOPPED 500 at 94.52, out - .15 =            - $187

11:11 – BUY 1500 VRX 22.79avg, STOPPED 1500 at 22.64, out - .15            =          - $225

11:26 – BUY 3000 VRX 22.79avg, SOLD 2000 at 22.98, out + .19, SOLD 500 at 22.92, out + .13, SOLD 200 at 22.94, out + .15, SOLD 300 at 22.89, out + .10           =          + $505

Total Daily P/L:          + $781 Profits

 

Summary

SPY gapped and peaked off the open as the 5/1- minute went into mini inverse pups. The 60-minute make or break peaked out all SPY pops with a sloping down 60-minute 5-period ma. We hit nice reversion scalps on JPM and YUM off the open. Hit AAPL LONG for scalps but was much stronger than it appeared as it grinded on an extended 5/1-minute grind, which stopped us out of our shorts. We played VRX LONG off the perfect storm breakouts.  Closed out with + $781 Profits.