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, COST triggered short (without market support due to opening 5 minutes) and didn’t work:
FWLT triggered short (with market support) and didn’t work:
From the Messenger/Tradesight_st Twitter Feed, Rich’s GS triggered long (with market support) and didn’t work:
His FCX triggered long (with market support) and worked enough for a partial:
His BTU triggered long (without market support) and worked enough for a partial:
His JPM triggered short (with market support) and worked:
His CMG triggered short (with market support) and worked:
His APC triggered short (with market support) and worked:
His AMZN triggered short (without market support) and worked:
GOOG triggered short (with market support) and worked enough for a couple of points:
In total, that’s 7 trades triggering with market support, 5 of them worked, 2 did not.