The Kardashian bottom pays again

Heading into a long weekend, you actually had to work a little bit today. I'm sorry about that.

But if you stayed with the trades we mapped out, you did pretty well.

Let's talk about Kroger ($KR).

While waiting in the pre-market, I told the room that if it broke $59.50, it might tank to $57.50. You could have grabbed a couple hundred shares short for a fast $400, and watched it fade all the way down to an algorithmic fat number of $55.00.

But maybe you don't trade the pre-market. Maybe the open scares you. That's fine.

Three minutes into the open, the setup appeared. Fake out, shakeout, VWAP break.

• Entry: $57.70.
• Exit: $59.00.

On 300 shares, you were up $600 in two minutes. Have a nice day. That's it.

If you missed that one, the market gave you another shot. It dipped back down to $57.00 and held. We bought the VWAP break again at $57.67. We scaled out at $58.00, sold more at $58.25, and dumped the rest when it broke back under VWAP. It doesn't have to be a miracle trade to make a day's pay.

Then there was Accenture ($ACN).

Selling, selling, selling. Then we got the Kardashian bottom VWAP break.

Our entry price was $131.26.

We scaled out beautifully: selling 100 shares at $132.50, another 100 at $133.50, and the last 100 at $134.14. We top-ticked our way out of that bad boy right before it rolled over and died.

Toss in the SpaceX short where we played the rollovers, and it was a very nice day.

And just a friendly reminder: the market never goes down. Do you get it now? Remember yesterday when it was going down and we laughed and joked as if the market was actually going to stay down? Well, today the $QQQ is up 17 points in your dumb short face.

Even if the market crashes on Monday, you can just laugh and buy the dip.

Click here to watch the video describing exactly how this day went:

If you’re already inside the room, great job grinding it out today. 

Have a great long weekend, and I’ll see you next week. If you’re not in here yet, stop missing these entries. 

Click here to join us inside the Room.

Kenny Glick | Founder, Hit The Bid

P.S. You don't have to be a hero to make money. Wait for the setup, buy the VWAP break, scale out, and log off. We did it twice on $KR and top-ticked $ACN. The playbook hasn't changed. Have a great long weekend.