Stock Picks Recap for 10/25/13
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 again (very weird).
From the Messenger/Tradesight_st Twitter Feed, Rich's AMZN triggered short (without market support) and didn't work:
NFLX triggered long (with market support) and didn't work:
Rich's QCOR triggered short (with market support) and worked enough for a partial:
His VMW triggered short (with market support) and didn't work:
Nothing else triggered in a boring session.
In total, that's 3 trades triggering with market support, 1 of them worked, 2 did not.
Futures Calls Recap for 10/25/13
Wow, what a dull session even though volume closed at 2.1 billion NASDAQ shares. What is going on here the last three days?
Net ticks: -7.5 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:
Mark's call triggered short at A at 1747.00 and stopped for 7 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.
Triggered short at 3374.00 at A and stopped just by a tick quickly after the sweep. Triggered again, hit first target for 6 ticks, and stopped the final piece at 3370.50:
Futures Calls Recap for 10/25/13
Wow, what a dull session even though volume closed at 2.1 billion NASDAQ shares. What is going on here the last three days?
Net ticks: -7.5 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:
Mark's call triggered short at A at 1747.00 and stopped for 7 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.
Triggered short at 3374.00 at A and stopped just by a tick quickly after the sweep. Triggered again, hit first target for 6 ticks, and stopped the final piece at 3370.50:
Forex Calls Recap for 10/25/13
Another dead session for one of the slowest weeks in recent memory. See EURUSD section below. We were still half size and glad to be.
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. Note the NZDUSD signals from last week played out below, and the EURUSD and GBPUSD are getting closer to signals.
EURUSD:
Triggered long at A and stopped. Horrible range again:
Stock Picks Recap for 10/24/13
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 NFLX triggered short (with market support) and worked enough for a partial but was very quick:
His GOOG triggered long (without market support) and worked great:
CELG triggered short (with market support) and worked:
No other calls on a lackluster trading session.
In total, that's 2 trades triggering with market support, both of them worked, and so did the one without market support.
Stock Picks Recap for 10/24/13
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 NFLX triggered short (with market support) and worked enough for a partial but was very quick:
His GOOG triggered long (without market support) and worked great:
CELG triggered short (with market support) and worked:
No other calls on a lackluster trading session.
In total, that's 2 trades triggering with market support, both of them worked, and so did the one without market support.
Futures Calls Recap for 10/24/13
A horrible day of trading action despite good volume of 1.9 billion NASDAQ shares. The futures stayed in tiny ranges for hours at a time, and we got stopped out of the ES once and the NQ once. See both sections below.
Net ticks: -14 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:
Triggered long at A at 1746.00 and did nothing forever, finally stopped for 7 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 call triggered short at A at 3337.00 and stopped for 7 ticks:
Futures Calls Recap for 10/24/13
A horrible day of trading action despite good volume of 1.9 billion NASDAQ shares. The futures stayed in tiny ranges for hours at a time, and we got stopped out of the ES once and the NQ once. See both sections below.
Net ticks: -14 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:
Triggered long at A at 1746.00 and did nothing forever, finally stopped for 7 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 call triggered short at A at 3337.00 and stopped for 7 ticks:
Forex Calls Recap for 10/24/13
A small winner and a small loser overnight in another session that saw 50 pips of range out of the EURUSD. See EURUSD and GBPUSD sections 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, and stopped second half at C unless you were awake to adjust:
GBPUSD:
At most, one leg out of three triggered at A under our order staggering rules and stopped:
Forex Calls Recap for 10/24/13
A small winner and a small loser overnight in another session that saw 50 pips of range out of the EURUSD. See EURUSD and GBPUSD sections 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, and stopped second half at C unless you were awake to adjust:
GBPUSD:
At most, one leg out of three triggered at A under our order staggering rules and stopped: