Stock Picks Recap for 8/27/20
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, COST triggered long (with market support) and worked enough for a partial:
BABA triggered short (with market support) and worked enough for a partial:
Rich's NFLX triggered short (with market support) and worked:
In total, that's 3 trades triggering with market support, all of them worked.
Futures Calls Recap for 8/27/20
The markets basically opened flat, wiggled both ways early, sold off on volume, then recovered in the afternoon and closed about where they opened on 3.5 billion NASDAQ shares as we head into the end of month mark-up for statements.
Net ticks: +19 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 enough for a partial, triggered long at B and worked:
NQ Opening Range Play triggered short at A but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 8/27/20
A loser and a winner for the session, and we closed out the prior day's trade. 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. Triggered long at B, hit first target at C, closed second half under entry:
Stock Picks Recap for 8/26/20
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, AXTI triggered long (without market support due to opening 5 minutes) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, nothing else triggered. Waste of time.
In total, that's 0 trades triggering with market support.
Futures Calls Recap for 8/26/20
The markets gapped up and went higher as FANG stocks again led the way even though the advance/decline ratio was negative. Volume was a weak 3.4 billion NASDAQ shares.
Net ticks: +10 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:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 8/26/20
Two losers and a winner (still going) for the session. 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. Triggered long at B and stopped. Triggered long again at C, hit first target at D, still holding second half with a stop under R1:
Stock Picks Recap for 8/26/20
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, nothing triggered.
In total, that's 0 trades triggering with market support.
Futures Calls Recap for 8/25/20
The markets gapped mixed (ES up, NQ down) and didn't do much all day again (we were still in the opening 5 minute candle after lunch), then drifted higher on 3.4 billion NASDAQ shares.
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 short at A and worked enough for a partial:
NQ Opening Range Play triggered short at A and long at B but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 8/25/20
A winner for the session. See GBPUSD 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, stopped second half in the money at C:
Stock Picks Recap for 8/24/20
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, VMW triggered short (without market support) and didn't work:
KLAC triggered short (without market support) and didn't work:
In total, that's 0 trades triggering with market support, none of them worked.