Trades for Thursday, July 7th, 2016: + $141 Profits

07 Jul Trades for Thursday, July 7th, 2016: + $141 Profits

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9:33 – SHORT 500 WDC 47.88, STOPPED 48.03, out - .15     =          - $75

9:47 – SHORT 300 PEP 208.77, COVERED 200 at 208.36, out + .41, COVERED 100 at 208.42, out + .35     =            + $116

9:53 – SHORT 1000 TWTR 17.60, COVERED 17.50, out + .10            =          + $100

Total Daily P/L:          + $141 Profits

 PEP07072016

Summary

SPY ramped up off the open on the 60-minute pup perfect storm to stinky 5s overshoots. We got chopped on WDC short as it coiled off the stinky 2.50s levels too quickly. We scaled out PEP for a nice reversion and TWTR off the stinky 2.60s for scalps. Took the low hanging fruit and called it an early morning. Saving ammo for earnings season.  Closed out with + $141 Profits.