20 Dec Trades for Tuesday, Dec. 20, 2016: + $962 Profits
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9:41 – SHORT 900 JPM 86.16avg, COVERED 700 at 85.12, out + .04, COVERED 200 at 86.08, out + .08   =           + $44
10:08 –BUY 500 TWTR 17.96, SOLD 17.98, out + .02 =         + $10
10:55 – SHORT 4400 KMX 65.55avg, COVERED 4000 at 65.35, out + .20, COVERED 200 at 65.33, out + .22, COVERED 200 at 65.23, out + .32      =         + $908
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $962 Profits
 
Summary
SPY grinded through the daily 5 period ma at 226.20 in the morning. We hit a small reversion short on JPM and a small clip sold too early on TWTR as it coiled off that 17.87 fib on the nose. We spotted the grind on KMX and scaled into the blow-off top from 65 to 65.60s as it squeezed through 4 resistance levels to average 65.55 on the SHORT and scale out into the reversions on heavy shares and liquidity. Closed out the morning with + $962 Profits.