Futures Calls Recap for 12/9/16
The markets gapped up a little again and made about a 15 minute push, which was most of the range for the day on the NASDAQ, although the broad market inched up in the last hour on 1.8 billion NASDAQ shares. Futures are now officially rolled to the March 2017 contract, so that is out of the way. Nice winners again on the Opening Range plays.
Net ticks: +16.5 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:
Forex Calls Recap for 12/9/16
I put in four calls instead of two because I saw nice setups both ways on the EURUSD and GBPUSD. Mixed results. Two stop outs and a winner, so about a wash. See those sections 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:
Triggered short at A, hit first target at B, and closed second half around the same for end of week:
GBPUSD:
Triggered short at A and stopped. Triggered long at B and stopped:
Stock Picks Recap for 12/8/16
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, ALGN triggered long (with market support) and didn't work, worked later if you took the retrigger after the sweep:
WING triggered long (with market support) and worked:
SBUX gapped over, no play.
ARRS triggered long (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered long (without market support due to opening 5 minutes) and worked:
AMGN triggered short (without market support just barely) and worked:
GILD triggered short (with market support) and worked:
In total, that's 4 trades triggering with market support, 2 of them worked, 2 did not.
Futures Calls Recap for 12/8/16
The markets opened fairly flat and the NASDAQ stayed that way, but the broad market inched higher. NASDAQ volume was 2 billion shares, but the futures contract roll kept everything pretty dull as expected.
Net ticks: -3 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 stopped:
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 12/8/16
A winner and a loser for the session, with the markets spiking on the Trade Balance data. See EURUSD and GBPUSD sections below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A and just barely stopped at B on the backswing from the data before working great:
GBPUSD:
Triggered long to the left of the chart at A, hit first target at B, stopped second half:
Stock Picks Recap for 12/8/16
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, CTAS triggered long (with market support) and worked:
PLAY gapped over, no play (haha).
JBLU triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's WDC triggered short (without market support due to opening 5 minutes) and didn't work:
FSLR triggered long (with market support) and worked:
Rich's FB triggered long (with market support) and didn't work:
His VRX triggered short (without market support) and didn't work:
EBAY triggered long (with market support) and didn't go enough in either direction to count:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.
Futures Calls Recap for 12/8/16
The markets opened flat and did nothing for the first two hours, then started heading up over lunch and rallied strong the rest of the day on 1.9 billion NASDAQ shares. The Opening Range plays slowed down finally, and there wasn't much else to do since the move was over lunch.
Net ticks: -1 tick.
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 but I posted to close for 5 tick loss after it was taking too long to do anything and the NASDAQ side printed lows (would have worked some if kept):
NQ Opening Range Play triggered long at A and worked, triggered short at B and worked, although we won't count the short since we were long the ES and this wasn't into the gap:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 12/7/16
A winner (still going) on 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 C:
Stock Picks Recap for 12/6/16
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, Mark's NVDA triggered long (without market support) and worked:
Rich's FB triggered long (without market support) and didn't work:
His later FB call triggered long (with market support) and worked:
In total, that's 1 trade triggering with market support, and it worked.
Futures Calls Recap for 12/6/16
A very flat session again on 1.6 billion NASDAQ shares. Opening Range plays worked some, and an additional call never triggered in the ES.
Net ticks: +23 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, triggered long at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: