Perfect Storm Trades for 10/17/2014

Jea Yu

Perfect Storm Trades for 10/17/2014

By Jea Yu — Author

Hi All,

SPY gapped up this morning and continued to grind towards the daily 15 period ma before peaking at 189.75. We hit URBN SHORT off the open at 29.80 but stopped out at 29.86 on the chop, out - .06. We re-entered URBN SHORT at 29.75 to scalp the stink 5's levels at 29.53 and 29.46, out + .22 and + .29. We hit MU, TWTR, FB and YHOO scalps on the smaller ranges. Closed out the morning with + $492 profits.

Closed out the week with + $4,303 profits.

Posted to Morning Profit Maker on Oct 17, 2014 — 1:10 PM

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Jea Yu