Trades for Tuesday, June 14th, 2016: + $406 Profits

14 Jun Trades for Tuesday, June 14th, 2016: + $406 Profits

 

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9:40 – SHORT 2000 TWTR 18.30avg, COVERED 2000 at 18.21, out + .09     =          + $180
9:52 – SHORT 1500 MSFT 49.92avg, STOPPED 1000 even, COVERED 500 at 49.79, out + .13         =          + $65

10:40 – BUY 600 LVS 46.03avg, STOPPED at 45.95, out - .08                        =          - $48

11:26 – SHORT 800 NFLX 93.41avg, COVERED 600 at 93.32, out + .09, COVERED 200 at 93.46, out - .05  =            + $44

11:54 – BUY 300 LABU 29.22, STOPPED 29.05, out - .17       =          - $51

12:04 – BUY 1000 LVS 46.31, SOLD 700 at 49.56, out + .25, SOLD 200 at 49.52, out + .21, SOLD 100 at 46.65, out + .34          =          + $251

1:34 – BUY 800 TWTR 15.16, STOPPED 500 at 15.10, out - .06, SOLD 300 at 15.29, out + .13         =          + $9

2:21 – BUY 700 TWTR 15.29avg, SOLD STOPPED 15.25, out - .04     =          - $28

3:15 – BUY 800 TWTR 15.32avg, STOPPED 15.30, out - .02 =          - $16

Total Daily P/L:          + $406 Profits

LVS06152016

Summary

SPY sold off on the opening 60-min mini inverse pup but turned into a mini pup by the afternoon. We scalped TWTR and MSFT for morning scalps. We hit LVS for a nice long on the perfect storm and the coil off the 1.618 fib support at 48.87 as WYNN shared sympathy buying. TWTR got too tight in the afternoon but if it can base over 15.30 then may set up the next leg up.  Closed out with + $406 Profits.