Trades for Tuesday, June 7th, 2016: + $267 Profits

07 Jun Trades for Tuesday, June 7th, 2016: + $267 Profits

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Swing: 6/6/2016- SHORT 7,300 ACAD 39.45avg,

 

9:40 – SHORT 500 NAV 13.90, COVERED 13.57, out + .33     =          + $165

9:44 – SHORT 400 UA 36.99, COVERED 36.86, out + .13       =          + $42

10:10 – SHORT 400 NAV 14.80, COVERED 14.44, out + .15   =          + $60

Total Daily P/L:          + $267 Profits

NAV06072016final

Summary

SPY grinded to 212.34 peak today and formed a 60-min MSH on the 212 break down. We scalped NAV twice on reversions off the open and tagged UA for a small clip on LULU sympathy. Swinging ACAD shorts as daily put in a doji and expecting the sell the news sell-off reaction off 1.618 PRZ on bearish daily bat.  Closed out with + $267 Profits.