Stock Picks Recap for 3/21/16
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, no calls.
From the Messenger/Tradesight_st Twitter Feed, PYPL triggered long (with market support) and worked great:
GILD triggered long (with market support) and worked great:
GS triggered long (with market support) and didn't work:
Rich's AMZN triggered short (with market support) and worked:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.
Futures Calls Recap for 3/21/16
What a dull start to the week. Coming off of Friday's triple expiration, we definitely are seeing the slow start to the new options cycle. NASDAQ volume was only 1.4 billion shares. The Opening Range plays still worked. I had another call on the ES that I closed even. See those sections below.
Net ticks: +13.5 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:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered long at A at 2043.25, but after almost 25 minutes of not going anywhere because the market was so dead, I closed it even:
Forex Calls Recap for 3/21/16
A small winner for the session in the GBPUSD, see that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, might have got you enough for a partial, closed rest at B for end of session:
Stock Picks Recap for 3/18/16
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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's ADBE triggered short (with market support) and worked:
His AAPL triggered short (without market support due to opening 5 minutes) and worked enough for a partial:
Mark's XLNX triggered long (with market support) and didn't work:
Rich's AMZN triggered short (with market support) and worked:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 3/18/16
Interesting lesson on the Opening Range Plays. If both the ES and the NQ trigger at the same time but in opposite directions, take the one that is into the gap, which was the NQ and it worked. Outside of that, triple expiration. I'm back Monday from vacation.
Net ticks: +4 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 at A but that was at the exact time that the NQ triggered into the gap, so didn't take it:
NQ Opening Range Play triggered at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 3/18/16
We stopped out of the second half of the EURUSD from the prior session in the money and then had a new winner in the GBPUSD. See that 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 short at A, hit first target at B, stopped second half. Triggered long at C, closed even at D for end of week:
Stock Picks Recap for 3/17/16
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, AVGO triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's AMZN triggered short (with market support) and worked:
TSLA triggered long (without market support) and worked:
Mark's NTES triggered long (without market support) and didn't work:
AGNC triggered long (with market support) and worked:
WYNN triggered long (with market support) and worked enough for a partial:
Rich's CAT triggered long (with market support) and worked:
His FDX triggered long (with market support) and worked:
His FB triggered short (without market support) and worked enough for a partial:
In total, that's 6 trades triggering with market support, all 6 of them worked.
Futures Calls Recap for 3/17/16
We got the options unraveling move after the first hour and it was to the upside. Volume was light and we are now into triple expiration mode. Opening Range plays worked. Friday should be a bust, but I will be around for the early action and OR plays. NASDAQ volume closed at 1.7 billion shares.
Net ticks: +6 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 didn't work, triggered short at B and did:
NQ Opening Range Play triggered long at A and worked, triggered short at B and worked but I closed it for a 4 tick winner when it stalled:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 3/17/16
Another nice winner for the session, this time in the EURUSD. See that section below. Still holding the second half of the trade well in the money.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A and hit first target at B, still holding second half with a stop under R1 at C:
Stock Picks Recap for 3/16/16
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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's NKE triggered long (with market support) and didn't work:
GS triggered long (with market support) and didn't work:
Rich's VRX triggered long (with market support) and didn't work:
His MNK triggered long (with market support) and worked enough for a partial:
In total, that's 4 trades triggering with market support, 1 of them worked, 3 did not. Typical Fed day.