Trades for Tuesday, Jan. 10, 2017: + $509 Profits

10 Jan Trades for Tuesday, Jan. 10, 2017: + $509 Profits

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9:34 – SHORT 1000 VRX 17avg, COVERED 700 VRX 16.83, out + .17, COVERED 100 at 16.68, out + .32, COVERED 100 at 17, out even            =          + $151

9:38 – SHORT 2500 TWTR 17.69avg, COVERED 2000 at 17.56, out + .12, COVERED 500 at 16.61, out + .08            =          + $280

9:58 – BUY 200 NVDA 106.78, SOLD 100 at 107.08, out + .30, SOLD 100 at 107.26, out + .48        =          + $78

Total Daily P/L:          + $509 Profits

NVDA01102017labelled

Summary

SPY chopped around the 226.35 fib and daily 5-period ma area this morning. We hit TWTR SHORTS off the 17.75 fib area for nice scalps as well as VRX SHORTS on principle (and a perfect storm breakdown). We NVDA LONG off the new fibs 106.78 the .618 for a nice reversion pop back towards 107.87 fib area. Closed out the morning with + $509 Profits.