Trades for Wednesday, Feb. 1, 2017: + $593 Profits

01 Feb Trades for Wednesday, Feb. 1, 2017: + $593 Profits

9:45 – SHORT 200 AAPL 127.36avg, STOPPED 100 at 127.55, out - .19, STOPPED 127.66, out - .30            =            - $49

10:04 – SHORT 4000 MS 43.31avg, COVERED 3000 at 43.21, out + .10, COVERED 500 at 43.08, out + .23, COVERED 300 at 43.16, out + .15, COVERED 200 at 43.11, out + .20           =          + $500

10:35 – SHORT 3500 AMD 11.70avg, COVERED 3000 at 11.66, out + .04    =          + $140

Total Daily P/L:          + $591 Profits

MSAMD02012017finlabelled

Summary

SPY sold off to the 127.25 lower fib cluster range this morning. We scaled into MS SHORT into the buyfades on JPM and GS with the SPY slow grind down as our ace up the sleeve. We took small scalps on AMD adding shorts on the fibs up to the 11.84-ish 1.618 fib resistance, which it peaked just shy as we added our last pice at 11.80 to average 11.70. Closed out the morning with + $591 Profits.