With each stock’s recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early. ETF calls do not require market support, and are thus either winners or losers.
From the report, LSCC triggered (with market support) and worked:
SGYP triggered long (without market support due to opening 5 minutes) and worked:
PYPL triggered long (with market support) and worked:
IRWD triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Mark’s XLNX triggered long (with market support) and worked:
His SWKS triggered long (with market support) and worked great:
His SINA triggered long (with market support) and didn’t work initially, worked later:
Rich’s AERI triggered short (without market support) and worked:
His FB triggered short (without market support) and didn’t work:
His WFC triggered long (with market support) and worked enough for a partial:
His VXX triggered short (ETF, so no market support needed) and worked enough for a partial:
In total, that’s 8 trades triggering with market support, 7 of them worked, 1 did not.