Trades for Wednesday, May 18th, 2016: + $138 Profits

18 May Trades for Wednesday, May 18th, 2016: + $138 Profits

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9:34 – SHORT 200 AAPL 94, STOPPED 200 at 94.15, out - .15           =          - $30

9:37 – SHORT 800 TGT 67.47avg, COVERED 67.41, out + .06                       =          + $48

9:44 – SHORT 1100 AAPL 94.41avg, COVERED at 94.42, out - .01    =          - $11

9:55 – SHORT 500 FB 117.52, STOPPED 177.53, out - .01     =          - $5

10:04 – SHORT 1400 NVDA 42.95avg, STOPPED 1000 at 43.15, out - .20, STOPPED 400 at 43.28, out - .33            =          - $232

10:30 – SHORT 600 NVDA 43.05avg, COVERED 400 at 42.98, out + .07, STOPPED 200 even          =          + $42

10:28 – BUY 2000 UVXY 13.78avg, SOLD 1500 at 13.94, out + .16, SOLD 300 at 13.89, out + .11, SOLD 100 at 13.97, out + .19, SOLD 100 at 14.07, out + .29           =          + $321

Total Daily P/L:          + $138 Profits

UVXY05182016

Summary

SPY grind up to the daily 5/15 period ma at 205.68 for a reversion. We got chopped around on AAPL, FB and TGT. NVDA was in a stronger grind, which we stopped out on. UVXY was the saving grace this morning as we scaled in at each fib area 14.12, 13.81, 13.55 in larger increments on the lower fibs to average 13.78 and scale out on the reversions back to the 14.12 fib. Closed out the morning with + $138 Profits.