Stock Picks Recap for 8/13/20
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, INTU triggered long (with market support) and worked:
In total, that's 1 trade triggering with market support, and it worked.
Futures Calls Recap for 8/13/20
The ES gapped down and the NASDAQ gapped up, but another boring day played out on just 3.4 billion NASDAQ shares.
Net ticks: +14.5 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 but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 8/13/20
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, closed second half at C:
Stock Picks Recap for 8/12/20
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, no triggers.
From the Messenger/Tradesight_st Twitter Feed, BYND triggered short (without market support) and worked:
Rich's OSTK triggered short (without market support) and didn't work:
In total, that's 0 trades triggering with market support.
Futures Calls Recap for 8/12/20
The markets gapped up and went higher on a weak 3.8 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 long at A and worked enough for a partial:
NQ Opening Range Play triggered long 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 8/12/20
Amazingly, neither trade triggered, and I doubt either would have worked anyway.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Stock Picks Recap for 8/11/20
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, Rich's WORK triggered short (with market support) and didn't work:
WYNN triggered short (with market support) and worked enough for a partial:
In total, that's 2 trades triggering with market support, 1 of them worked, 1 did not.
Futures Calls Reca[ for 8/11/20
The markets were mixed early with a gap up in the S&P and down on the NASDAQ. They went up briefly and that was the high, then dipped, then stuck in a range most of the day and then fell apart late on 4.2 billion NASDAQ shares.
Net ticks: -9 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 and long at B and stopped:
NQ Opening Range Play triggered short at A and long at B, both too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
The 13 sell signal at the high worked perfect:
Forex Calls Recap for 8/11/20
A loser 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 and stopped:
Stock Picks Recap for 8/10/20
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, IRBT triggered short (without market support due to opening 5 minutes) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, WORK triggered short (with market support) and worked:
Rich's AMZN triggered short (with market support) and worked:
In total, that's 2 trades triggering with market support, both of them worked.