Stock Picks Recap for 12/14/16
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, INTU triggered long (with market support, by a penny, right when ES filled the gap) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's GILD triggered long (with market support) and worked:
ADBE triggered short (without market support) and didn't work:
Rich's AMZN triggered short (with market support) and worked:
ADBE triggered short (with market support this time) and didn't work:
Rich's FDX triggered short (with market support) and didn't go enough either direction to count, closed in the money slightly:
His AAPL triggered short (with market support) and worked enough for a partial:
TTWO triggered short (with market support) and also didn't go enough in either direction to count:
In total, that's 5 trades triggering with market support, 3 of them worked, 2 did not.
Futures Calls Recap for 12/14/16
The markets opened fairly flat and did some back and forth early, but mostly waited for the Fed at 2 pm EST. Then things started to head lower, but we didn't just get a big move down, we got some whiplast. Opening Range plays worked although I closed out the ES early and we had a nice winner on the NQ after the Fed. NASDAQ volume was 1.75 billion shares.
Net ticks: +22 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 I closed it for a 4 tick gain after filling the gap:
NQ Opening Range Play triggered long at A and worked enough for a partial:
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.
My call triggered short at A at 4934.00, hit first target for 6 ticks, and closed second half 22 ticks in the money:
Forex Calls Recap for 12/14/16
Almost no action overnight ahead of the Fed, but we were half size. We finally had a loser and a winner that is still going. See EURUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A and stopped. Triggered short at B, hit first target at C, still holding second half with a stop over S1:
Stock Picks Recap for 12/13/16
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, HOLX triggered long (with market support) and worked, I did not stick with it because it took so long:
VIAB triggered short (without market support due to opening 5 minutes) and didn't work:
HRTX triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's GS triggered short (without market support) and didn't work:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 12/13/16
The markets gapped up and surged early and that was most of the move. Everything went flat for the last four hours as the 2-day Fed meeting started. NASDAQ volume was 1.8 billion shares. We had some huge Opening Range play moves.
Net ticks: +44 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 great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 12/13/16
No triggers overnight at all in the flat session and then a quick stop out. We closed the second half of the prior day's trade in the money. See EURUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Finally triggered long at A and stopped:
Stock Picks Recap for 12/12/16
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, AMBA triggered short (without market support) and didn't work, triggered later with market support and worked:
From the Messenger/Tradesight_st Twitter Feed, FSLR triggered long (with market support) and worked:
Mark's KLAC triggered short (with market support) and didn't work:
Rich's GS triggered short (with market support) and worked great:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 12/12/16
Some choppy early action after a gap down with Opening Range plays triggering both ways and then a fairly flat session on 1.7 billion NASDAQ shares.
Net ticks: -31 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 stopped:
NQ Opening Range Play triggered short at A and stopped, triggered long at B (the one that was the best setup into the gap) and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 12/12/16
A winner (still going) in the EURUSD. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A, hit first target at B, still holding second half with a stop under VAH at C:
Stock Picks Recap for 12/9/16
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 X triggered short (without market support) and worked enough for a partial:
In total, that's 0 trades triggering with market support.