Stock Picks Recap for 12/18/13
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, ARAY triggered long (with market support) and didn't work:
SGMS triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered short (without market support) and worked:
His GS triggered long (with market support) and worked:
My GILD triggered long (with market support) and worked:
Rich's GLD triggered short (ETF, so no market support needed) after the Fed announcement, and worked:
In total, that's 5 trades triggering with market support, 4 of them worked, 1 did not.
Futures Calls Recap for 12/18/13
One loser and three winners for the session. See ES and NQ sections below for the recaps. The markets headed lower early and then spiked on the Fed announcement in the afternoon. NASDAQ volume was 2.0 billion shares.
Net ticks: +15 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:
ES triggered short at 1775.00 at A and stopped for 7 ticks. Triggered again at B, hit first target for 6 ticks, and closed second half at the gap fill for 8 ticks:
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.
Mark's short in the morning triggered at A at 3451.00, hit first target for 6 ticks, and lowered stop a couple of times and stopped final half at 3445.25. In the afternoon, his long triggered at 3474.50, hit first target for 6 ticks, and stopped second half at 3477.50 for 6 ticks as well:
Forex Calls Recap for 12/18/13
Nice winner for the session and a crazy move after the Fed announcement. See GBPUSD 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, we moved stop under 1.5350. If you follow the rules of the course, that should put the stop 5 pips under, and it went 4 pips under, but we'll call the trade out at C. If you followed the rules, you were still in for the next 100 pips or so:
Forex Calls Recap for 12/18/13
Nice winner for the session and a crazy move after the Fed announcement. See GBPUSD 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, we moved stop under 1.5350. If you follow the rules of the course, that should put the stop 5 pips under, and it went 4 pips under, but we'll call the trade out at C. If you followed the rules, you were still in for the next 100 pips or so:
Stock Picks Recap for 12/17/13
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, FB triggered long (without market support due to opening 5 minutes) and didn't work:
LPSN triggered long (without market support) and didn't do enough in either direction to count, closed right at the trigger:
From the Messenger/Tradesight_st Twitter Feed, Rich's PCLN triggered short (with market support) and worked:
AMGN triggered short (with market support) and worked:
Rich's REGN triggered short (with market support) and worked:
GOOG triggered long (with market support) and worked for a couple of points:
Rich's TWTR triggered short (with market support) and didn't work:
In total, that's 5 trades triggering with market support, 4 of them worked, 1 did not.
Futures Calls Recap for 12/17/13
No official calls again in another contained session. Things were so narrow, we didn't even get a Comber signal on the 5-minute chart of any of the contracts. The Fed meeting concludes tomorrow.
Net ticks: +0 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:
Forex Calls Recap for 12/17/13
Almost nothing triggered for the session, and in the end, only one leg of the EURUSD trade did trigger. See that section below. Still no good ranges.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
One leg of the trade (of three legs) would have triggered at A and stopped:
Stock Picks Recap for 12/16/13
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 HIMX triggered long (with market support) and worked:
AMZN triggered long (with market support) and worked:
TSLA triggered long (with market support) and didn't work:
CELG triggered short (without market support) and worked:
Rich's V triggered short (without market support) and didn't do enough to count either way:
His TWTR triggered short (without market support) and didn't work:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 12/16/13
No calls today as the markets gapped up and barely used the Levels, covering the whole range for the session in the first 25 minutes or so and flatlining in the second half. NASDAQ volume closed at 1.7 billion shares, but 200 million was LSI.
Net ticks: +0 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:
Futures Calls Recap for 12/16/13
No calls today as the markets gapped up and barely used the Levels, covering the whole range for the session in the first 25 minutes or so and flatlining in the second half. NASDAQ volume closed at 1.7 billion shares, but 200 million was LSI.
Net ticks: +0 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: