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, SPRD gapped over, no play.
QCOR triggered long (without market support due to opening 5 minutes) and didn’t work:
FOSL triggered short (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich’s VXX triggered long (ETF, so no market support needed) and worked enough for a partial:
NTAP triggered short (with market support) and didn’t work:
Rich’s GS triggered short (with market support) and worked:
His DE triggered short (with market support) and worked enough for a partial but nothing else:
In total, that’s 4 trades triggering with market support, 3 of them worked, 1 did not, but none of it was exciting.
