Stock Picks Recap for 7/12/16
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, CME triggered long (with market support) and didn't work:
INOV triggered long (with market support) and didn't work:
BEAT gapped over, no play.
SINA triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Mark's TEVA triggered long (with market support) and worked great:
In total, that's 4 trades triggering with market support, 2 of them worked, 2 did not.
Futures Calls Recap for 7/12/16
The markets gapped up and tried to go a little higher, then drifted back down ahead of lunch, then basically went sideways for the rest of the session. Opening Range plays worked both ways, and the Comber caught the high on the 5 minutes ES, but a nice NQ setup never triggered. Watch the YouTube preview for some important info for tomorrow.
Net ticks: +22.5 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and worked. Triggered short at B and worked:
NQ Opening Range Play triggered long at A and worked. Triggered short at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
NQ:
Just a reminder that we use half points for ticks on the NQ and not the quarter point measurement that the exchanges switched to in recent years. This allows us to use 6 ticks as a key target as we do on the other contracts. It also keeps the value of a tick at $10, closer to the value of a tick on the other contracts.
Forex Calls Recap for 7/12/16
Nice big winner (currently 260 pips in the money and still going) on the GBPUSD. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A, hit first target at B, adjusted stop 3 times and still holding second half with a stop under yellow line at C:
Stock Picks Recap for 7/11/16
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, RPTP triggered long (with market support) and didn't work:
AVXL triggered long (without market support) and didn't work:
AMBA gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, NFLX triggered long (with market support) and worked enough for a partial:
In total, that's 2 trades triggering with market support, 1 of them worked, 1 did not.
Futures Calls Recap for 7/11/16
A really boring day in the markets as we gapped up and held, slowly drifting higher over lunch before coming back to the VWAP on 1.55 billion NASDAQ shares. Opening Range Plays were mixed and took forever to do anything.
Net ticks: -5 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and stopped under the midpoint:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 7/11/16
A winner and a loser to start the week. See the GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, hit first target at B, second half stopped. Triggered long at C and stopped:
Stock Picks Recap for 7/8/16
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, FORM triggered long (with market support) and worked:
PGTI gapped over by a penny, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's TWTR triggered long (with market support) and worked great:
His AMZN triggered long (with market support) and worked:
His JUNO triggered short (without market support) and worked enough for a partial:
His IBB triggered long (ETF, so no market support needed) and didn't work:
CELG triggered long (with market support) and worked:
Rich's FB triggered long (with market support) and worked big:
GS triggered long (with market support) and didn't work:
Rich's AMZN triggered long (with market support) and worked a little:
In total, that's 8 trades triggering with market support, 6 of them worked, 2 did not.
Futures Calls Recap for 7/8/16
The markets gapped up on the NFP data and kept going. It felt like a drift and many stocks were dead after the first hour, but we traded 1.75 billion NASDAQ shares, which is the best of the week. S&P cash index closed at all-time highs.
Net ticks: -4.5 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A and stopped, triggered long at B and worked:
NQ Opening Range Play triggered short at A and stopped, triggered long at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 7/8/16
Boring end to the week. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.
GBPUSD:
Triggered long at A and stopped and then got real thin for some reason:
Stock Picks Recap for 7/7/16
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, AVXL triggered long (without market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's FSLR triggered short (without market support) and worked great:
Rich's CMG triggered short (without market support) and didn't work:
His VRX triggered long (with market support) and didn't work:
LULU triggered long (with market support) and worked:
SWKS triggered long (with market support) and worked enough for a partial:
Rich's GOOGL triggered short (without market support) and worked:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.