Trades for Thursday, June 30th, 2016: + $1,326 Profits

30 Jun Trades for Thursday, June 30th, 2016: + $1,326 Profits

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9:36 – SHORT 500 JPM 61.55, COVERED 61.35, out + .20     =          + $100

9:45 – SHORT 2500 MBLY 47.50avg, COVERED 2000 at 47.12, out + .38, COVERED 300 at 46.80, out + .70, COVERED 100 at 46.55, out + .95, COVERED 100 at 46.40, out + 1.10         =          + $1,175

10:04 – SHORT 500 UA at 39.58avg, STOPPED 39.80, out - .22         =          - $110

10:09 – BUY 500 LGF 20.40, SOLD 400 at 20.60, out + .20, STOPPED 100 at 20.25, out - .15          =          + $65

10:14 – BUY 200 LGF 20.65, SOLD 20.88, out + .23   =          + $46

10:33 – SHORT 1000 UA 39.72avg, COVERED 39.67, out + .05         =          + $50

Total Daily P/L:          + $1,326 Profits

 MBLY06302016finale

Summary

SPY rallied on the 60-minute make or break back up towards the 207.70 area daily 50 period ma.  We hit MBLY SHORT at 47.50avg off the open for a beautiful reversion thru the 46.95 fib to 46.30s to scale out. We hit JPM for a clean lean through the 61.45 fib. We hit LGF LONG on the coil off the 20.35 fib as it grinded to 21.35 fib wow. UA had a mini inverse pup on the 60-minute chart but the 5/15-minute charts were still grinding. We took small scalps on it.  Closed out morning with + $1,326 Profits.