Stock Picks Recap for 9/4/15
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, MNTA triggered short (without market support due to opening 5 minutes) and didn't work:
NAVI gapped under, no play.
From the Messenger/Tradesight_st Twitter Feed, EBAY triggered long (with market support) and we ended up closing out even due to futures reversing to lows:
In total, that's 1 trades triggering with market support, we closed it flat.
Futures Calls Recap for 9/4/15
No regular calls for the Friday ahead of the long weekend, and that was a good thing, but the Opening Range Plays worked again on the ES and NQ. See that section below. NASDAQ volume was only 1.4 billion shares.
Net ticks: +0 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:
Forex Calls Recap for 9/4/15
We came into the session short the EURUSD 200 pips in the money from two days prior. That finally stopped out, and we went small size ahead of the key NFP data. Two trades stopped out. See EURUSD 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.
EURUSD:
New trades triggered long at A and almost hit first target at B, then stopped on the data spike, triggered short at C and stopped:
Stock Picks Recap for 9/3/15
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, LGIH triggered long (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, GS triggered long (with market support) and I closed it even after 15 minutes with the market stalling out:
Rich's NFLX triggered short (without market support) and didn't work:
EBAY triggered short (without market support) and worked perfectly, really should have taken it once market rolled, nice inverted cup and handle:
FSLR triggered long (with market support) and didn't work, but it triggered right at the 13 sell signal on the broad market:
Rich's AMBA triggered short (without market support) and didn't work initially, but it pushed through the trigger with market support over lunch and worked:
His AMZN triggered short (with market support) and worked:
In total, that's 2 trades triggering with market support, 1 of them worked, 1 did not.
Futures Calls Recap for 9/3/15
The markets gapped up a little, went higher initially, got a Comber 13 sell signal at the top on the ES, then filled the gap over lunch and closed near lows but barely green on 1.6 billion NASDAQ shares. We had a bad volume number early, so after the Opening Range plays both worked, we made no extra calls. See that section below.
Net ticks: +0 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:
Forex Calls Recap for 9/3/15
The EURUSD short from the prior session is still working. We had a double trigger on the GBPUSD short, one worked, one didn't. See both sections below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Came into the session short the second half of the EURUSD from the prior session. Our stop was over UBreak, which came close but never stopped at A. Kept working lower overnight and we still have it with a stop over S2 at B, about 200 pips in the money:
GBPUSD:
Triggered short at A and stopped at B. Put it back in in the morning, triggered short at C, hit first target at D, stopped second half at E:
Stock Picks Recap for 9/2/15
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, Rich's AAPL triggered short (with market support) and didn't work:
GILD triggered short (with market support) and worked enough for a partial:
Rich's AMBA triggered short (with market support) and worked:
His GPRO triggered short (with market support) and didn't work:
His TSLA triggered short (with market support) and worked enough for a partial:
In total, that's 5 trades triggering with market support, 3 of them worked, 2 did not.
Futures Calls Recap for 9/2/15
The markets gapped up a little and drifted down but didn't quite fill the gap, then cupped out and ran a little at the close.
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 worked:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered long at A at 1937.50, stopped initially on a sweep, triggered again, hit first target for 6 ticks, closed second half at 1940.50 for 12 ticks for end of day:
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.
Triggered short at A 4179.50, hit first target for 6 ticks, stopped second half over the entry:
Forex Calls Recap for 9/2/15
A winner, still going, in the EURUSD for the session. Nothing spectacular. See that section below as we head into Labor Day and the end of summer.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A, hit first target at B, still holding second half with a stop over LPT at C:
Stock Picks Recap for 9/1/15
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 GOOG triggered long (with market support) and worked:
His GPRO triggered short (with market support) and worked enough for a partial:
GILD triggered long (with market support) and didn't work:
Rich's WYNN triggered short (with market support) and worked:
His AAPL triggered short (without market support) and worked enough for a partial:
His APA triggered short (with market support) and didn't work:
His ERX triggered short (ETF, so no market support needed) and didn't work:
His AMBA triggered short (with market support) and worked:
GS triggered short (with market support) and worked:
Rich's VXX triggered long (ETF, so no market support needed) and worked:
Rich's FB triggered short (with market support) and worked:
His NFLX triggered short (with market support) and didn't work:
KLAC triggered short (with market support) and worked:
In total, that's 12 trades triggering with market support, 8 of them worked, 4 did not.