Trades for Thursday, May 19th, 2016: + $484 Profits

19 May Trades for Thursday, May 19th, 2016: + $484 Profits

 

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9:32 – BUY 300 MON 103, SOLD 200 at 103.28, out + .28, SOLD 100 at 103.26, out + .26  =          + $82

9:42 – BUY 200 TGT 67.85, STOPP 67.74, out - .11    =          - $22

9:45 – SHORT 1000 NVDA 43.80avg, COVERED at 43.63, out + .17  =          + $170

9:55 – SHORT 300 WMT 68.80, COVERED 68.63, out + .17   =          + $51

10:08 – SHORT 800 WMT 68.57avg, COVERED 500 at 68.53, out + .04, COVERED 200 at 68.56, out + .01, STOPPED 100 at 68.63, out - .06        =          + $15

10:34 – BUY 4300 UVXY 15.59avg, SOLD 2000 at 15.54, out - .05, SOLD 1500 at 15.58, out - .01, SOLD 800 UBVXY 15.61, out + .02           =          - $99

10:41 – SHORT 300 WMT 88.69, STOPPED 88.83, out - .14  =          - $42

10:46 – BUY 700 UVXY 15.51avg, SOLD 700 at 15.68, out + .17        =          + $119

11:05 – BUY 2100 UVXY 15.69avg, SOLD 1800 at 15.79, out + .10, SOLD 300 at 15.70, out + .01   =          + $183

11:16 – BUY 300 UVXY15.67avg, SOLD 300 at 15.76, out + .09         =          + $27

Total Daily P/L:          + $484 Profits

NVDA05192016

Summary

SPY set up perfect storm breakdown on the daily mini inverse pup as 60 min gap down leaned hard through the 203.50 fib. We hit NVDA shorts for a nice reversal off the 1.618 fib at 43.85 on the nose. We stepped in too early on UVXY but was able to scale into positions and exit stinky 5s upper range and then hit it for scalps towards that 60 min upper bbs overshoots. WMT just in its own world this morning as TGT couldn’t get much sympathy despite the daily hammer. Closed out the morning with + $484 Profits.