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, SPLS triggered long (with market support) and didn’t work:
CSTR gapped under the short trigger, no play.
In the Messenger, Rich’s CTRP triggered short (without market support) and worked:
His LVS triggered long (without market support) and worked:
AMZN triggered long (with market support) and worked huge:
Rich’s SINA triggered long (without market support) and worked:
Rich’s AAPL triggered short (with market support) and didn’t work:
COST triggered long (with market support) and worked:
Rich’s FMCN triggered long (without market support) and worked:
AIG triggered short (with market support) and didn’t work:
In total, that’s 5 trades triggering with market support, 2 of them worked, 3 did not. Under 50% for the first time in months, but not a surprise to see it on such a light volume day.
