Stock Picks Recap for 10/18/16
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, Mark's FAS triggered long (ETF, so no market support needed) and didn't work:
Rich's BABA triggered long (without market support) and didn't work:
BMRN triggered short (with market support) and worked enough for a partial:
TWTR triggered short (with market support) and didn't go enough in either direction to count, closed on trigger:
Rich's GOOGL triggered long (with market support) and didn't work:
In total, that's 3 trades triggering with market support, 1 of them worked, 2 did not.
Futures Calls Recap for 10/18/16
The markets gapped up as earnings start to release, but then we were about as dead flat and uneventful as possible, again on 1.3 billion NASDAQ shares. Opening Range plays worked, but it is too dangerous in this environment to make additional calls.
Net ticks: +15.5 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 enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 10/18/16
A winner (still going) in 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, still holding second half with a stop under 1.2270:
Stock Picks Recap for 10/17/16
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, FEYE triggered short (with market support) and didn't go enough either way to count:
From the Messenger/Tradesight_st Twitter Feed, Rich's AMZN triggered short (with market support) and worked enough for a partial:
VRX triggered short (with market support) and worked:
TSLA triggered short (with market support) and worked:
In total, that's 3 trades triggering with market support, all 3 of them worked.
Futures Calls Recap for 10/17/16
A surprisingly light volume day (1.2 billion NASDAQ shares) considering this wasn't a bank Holiday like last Monday, when we did about the same volume. Opening Range plays netted out gains, but the volume was so low, there was no point in taking additional plays.
Net ticks: +5.5 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, triggered short at B and worked:
NQ Opening Range Play triggered short at A and worked (Someone asked about taking this trade when we were still long the ES. Remember that one of the rules that we add into the "black and white" system for the OR plays is when we have a gap in the market, if you end up long or short the ES or the NQ, you wouldn't take the other one if it triggers away from the gap, but you would if it triggers into the gap. Why do we do this? Not because it 100% makes sense, but we know that gaps tend to fill, so the trade in the direction of the gap should statistically be slightly more likely to work than a trade away from the gap, but even that is not 100% true since the gaps could still fill later in the day from either direction. The main point about today was that there literally was no gap at all. We opened dead flat on both the ES and NQ, so that variable wasn't really there to factor into the trade.):
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 10/17/16
A really boring session and a loser to go with it. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A and stopped:
Stock Picks Recap for 10/14/16
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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's ACIA triggered long (with market support) and worked:
His ERX triggered short (ETF, so no market support needed) and worked great:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 10/14/16
The markets gapped up and eventually came back exactly to fill, but after bad volume early, there wasn't much to do. Opening Range plays netted out gains, see that section below. NASDAQ volume was 1.4 billion shares.
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 I closed it for a small loss for a few reasons, including lack of volume:
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 10/14/16
A boring session where a trade triggered and hit the first target (exactly). 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 short at A, hit first target exactly at B, second half stopped. I instructed not to re-enter in the morning:
Stock Picks Recap for 10/13/16
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, NUAN gapped under the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's NFLX triggered long (without market support) and worked enough for a partial:
Mark's TLT triggered long (ETF, so no market support needed) and didn't work:
Rich's TSLA triggered short (with market support) and worked:
His BABA triggered short (with market support) and worked:
His NTES triggered short (with market support) and worked:
His AAPL triggered short (with market support) and didn't work:
In total, that's 5 trades triggering with market support, 3 of them worked, 2 did not.