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.
From the report, SPPI triggered long (with market support) and didn’t work:
AAPL gapped over, no play.
CIEN triggered short (with market support) and worked great:
NXPI triggered short (with market support) and worked:
AMAT triggered short (with market support) in the last few minutes of the day, so doesn’t count.
CTAS triggered short (with market support) and didn’t work:
In the Messenger, GS triggered long (with market support) and didn’t work:
KLAC triggered long (with market support) and didn’t work:
RIMM triggered short (with market support) and worked great:
BIDU triggered short (with market support) and worked great:
In total, that’s 8 trades triggering with market support, 4 of them worked, 4 did not. Most of the winners were really nice.
