Trades for Tuesday, June 28th, 2016: + $478 Profits

28 Jun Trades for Tuesday, June 28th, 2016: + $478 Profits

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9:31 – SHORT 500 JPM 59.12, COVERED 400 at 59.92, out + .20, COVERED 100 at 58.85, out + .27          =            + $107

9:39 – BUY 600 JPM 51.84avg, STOPPED 600 at 58.63, out - .21      =          - $126

9:45 – BUY 400 JPM 58.74, SOLD 300 at 58.96, out + .26, SOLD 100 JPM at 59.03, out + .29         =          + $107

9:45 – BUY 1500 NVDA 45.80avg, SOLD 1300 at 45.95, out + .15, SOLD 300 at 46, out + .20          =          + $255

9:47 – BUY 500 SVXY 43.47, SOLD 400 at 43.70, out + .23, SOLD 100 at 43.90, out + .43    =          + $135

Total Daily P/L:          + $478 Profits

NVDA06282016

Summary

SPY rallied this morning on the 60-minute mini pup through the 201.66 fib resistance forming a 5-minute cup and handle breakout. We hit JPM SHORT initially for scalps through the 58.71 fib but it coiled off the 60-min 5 period ma off 58.60s. We took JPM LONG after some chop for scalps. We hit NVDA LONG on heavier size for the 45.81 key fib breakout to scale out nice scalps. We hit SXVY LONG simultaneously the SPY grinded up to the 202.20s to scalp. Closed out morning with + $478 Profits.