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, EWBC and GPOR gapped over their triggers, no play.
ACAS triggered long (with market support) and didn’t work:
AWAY triggered short (without market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, BIDU triggered long (with market support) and worked:
CELG triggered long (with market support) and worked:
Rich’s GLD triggered short (ETF, so no market support needed) and didn’t work:
GS triggered short (without market support) and didn’t work:
COST triggered short (without market support) and didn’t work:
Rich’s DECK triggered short (without market support) and worked enough for a partial:
In total, that’s 4 trades triggering with market support, 2 of them worked, 2 did not. Not a very exciting session.
