Trades for Wednesday, Apr. 5, 2017: + $134 Profits

05 Apr Trades for Wednesday, Apr. 5, 2017: + $134 Profits

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9:45 – SHORT 300 DNKN 51.97, STOPPED 51.20, out - .23    =          - $69

9:54 – SHORT 300 WBA 81.10, STOPPED 81.30, out - .20     =          - $60

10:02 – SHORT 300 WBA 81.25, COVERED 81.12, out + .13  =          + $33

10:11 – SHORT 1000 CONN 11.68avg, COVERED 11.45, out + .23    =          + $230

Total Daily P/L:          + $134 Profits

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Summary

SPY grrinded off the open to attempt a daily mini pup as it gapped above the daily 15 period ma at 235.50 to proceed through 237. We took small stops on both DNKN and WBA with light shares on feeler positions. We scaled into CONN SHORT with limit orders placed ahead of time to average 11.68 on the shorts as it leaned on 5-1 minute dual mini inverse pups to lean through 11.45 limit buy covers for a clean scalp. Very very dry climate just ahead of earnings season. Closed out the morning with + $134 Profits.