Trades for Thursday, Mar. 9, 2017: + $526 Profits

09 Mar Trades for Thursday, Mar. 9, 2017: + $526 Profits

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9:40 – BUY 600 TGTX 10.75avg, STOPPED 400 at 10.85, out - .10, STOPPED 200 at 10.45, out - .30           =            - $100

9:42 – SHORT 300 TLRD 16.65, STOPPED 16.75, out - .10     =          - $30

9:48 – SHORT 1000 TLRD 16.35avg, COVERED 1000 at 16.15, out + .20      =          + $200

10:00 – BUY 300 MOMO 32.25, STOPPED 32.05, out – .20   =          - $60

10:13 – SHORT 1000 MS 47.04, COVERED 1000 at 46.97, out + .07 =          + $70

10:28 – SHORT 2000 TLRD 16.14avg, COVERED 1500 at 15.92, out + .22, COVERED 300 at 15.94, out + .20, COVERED 200 at 15.86, out + .28       =          + $446

Total Daily P/L:          + $526 Profits

TLRD03092017finalelabelled

Summary

SPY rallied back to the daily 5-period ma area near 237.30 before rejecting on the daily mini inverse pup. We got chopped on TGTX 5-min seedwave long attempts as well as MOMO reversion longs. We nailed TLRD SHORTs as it cracked under the 16.58 (1.618) fib and the 16.04 super fib to bottom out at the 15.72 fib.  Closed out the morning with + $526 Profits