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, CPRT triggered long (with market support) and didn’t work:
DECK triggered long (without market support) and didn’t work, although it also triggered later in the day with support and worked (we don’t count retriggers in the numbers):
ALKS triggered short (without market support due to opening five minutes) and didn’t work:
In the Messenger, Rich’s TEVA triggered short (with market support) and worked:
His VXX triggered long (ETF, so no market support needed) and didn’t work:
AMZN triggered short (with market support) and worked:
SINA triggered long (with market support) and worked. It went so fast that it was through the trigger by the time that I could put the trade idea up, but it pulled back to let you take it:
GOOG triggered long (with market support) and didn’t work, although it worked later:
In total, that’s 6 trades triggering with market support, 3 of them worked, 3 did not.
