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, ITRI triggered long (without market support due to opening five minutes) and didn’t work:
FMCN gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich’s CRM triggered long over the opening 5 minute bar high (with market support) and worked:
His GOOG triggered long (with market support) and worked:
His SOHU triggered short (with market support) and worked:
His POT triggered short (with market support) and didn’t work:
AMZN triggered short (with market support) and worked enough for a partial:
Rich’s AAPL triggered long (with market support) and worked:
NTAP triggered long (with market support) and didn’t go enough either way to count (and closed right at the trigger):
In total, that’s 6 trades triggering with market support, 5 of them worked, 1 did not, but nothing really went far.