Stock Picks Recap for 10/17/13
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, SCTY gapped over, no play, unfortunately.
LGND triggered long (with market support) and worked great:
AREX triggered long (with market support) and worked:
NTAP gapped under its short trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's VMW triggered short (without market support due to opening 5 minutes) and worked:
CELG triggered long (with market support) and worked:
BIIB triggered long (with market support) and worked:
Mark's KLAC triggered long (with market support) and worked:
Rich's NFLX triggered long (with market support) and worked:
AMGN triggered long (with market support) and worked:
In total, that's 7 trades triggering with market support, all 7 of them worked and many worked very well.
Stock Picks Recap for 10/17/13
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, SCTY gapped over, no play, unfortunately.
LGND triggered long (with market support) and worked great:
AREX triggered long (with market support) and worked:
NTAP gapped under its short trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's VMW triggered short (without market support due to opening 5 minutes) and worked:
CELG triggered long (with market support) and worked:
BIIB triggered long (with market support) and worked:
Mark's KLAC triggered long (with market support) and worked:
Rich's NFLX triggered long (with market support) and worked:
AMGN triggered long (with market support) and worked:
In total, that's 7 trades triggering with market support, all 7 of them worked and many worked very well.
Futures Calls Recap for 10/17/13
A loser and a winner on the NQ for the session. See that section below. NASDAQ volume closed at 1.8 billion shares as the markets gapped down and rallied for options unraveling.
Net ticks: -4.5 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:
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 long at A at 3269.00 and stopped for 7 ticks. He reset the trigger to 3270.00, which triggered at B, hit first target for 7 ticks, and stopped second half under the entry:
Futures Calls Recap for 10/17/13
A loser and a winner on the NQ for the session. See that section below. NASDAQ volume closed at 1.8 billion shares as the markets gapped down and rallied for options unraveling.
Net ticks: -4.5 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:
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 long at A at 3269.00 and stopped for 7 ticks. He reset the trigger to 3270.00, which triggered at B, hit first target for 7 ticks, and stopped second half under the entry:
Forex Calls Recap for 10/17/13
A nice big winner, which is still going almost 200 pips in the money, 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 over the Pivot way back on the left side of the chart, hit first target at B, and kept going. Stop was adjusted a couple of times, and we're currently almost 200 pips in the money, holding the second half with a stop under R2 at C:
Forex Calls Recap for 10/17/13
A nice big winner, which is still going almost 200 pips in the money, 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 over the Pivot way back on the left side of the chart, hit first target at B, and kept going. Stop was adjusted a couple of times, and we're currently almost 200 pips in the money, holding the second half with a stop under R2 at C:
Stock Picks Recap for 10/16/13
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, OSUR triggered long (without market support) and didn't work:
SBAC triggered long (with market support) and worked:
ARMH gapped over the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's GPOR triggered long (with market support) and worked:
His SSYS triggered long (with market support) and didn't work:
His CELG triggered long (with market support) and worked enough for a partial:
GILD triggered long (with market support) and worked:
Rich's GDOT triggered short (with market support) and worked:
EBAY triggered short (with market support) and worked enough for a partial:
Mark's CERN triggered long (with market support) and worked enough for a partial:
Rich's FAS triggered long (ETF, so no market support needed) and worked:
In total, that's 9 trades triggering with market support, 8 of them worked, 1 did not. There wasn't a lot of follow through.
Stock Picks Recap for 10/16/13
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, OSUR triggered long (without market support) and didn't work:
SBAC triggered long (with market support) and worked:
ARMH gapped over the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's GPOR triggered long (with market support) and worked:
His SSYS triggered long (with market support) and didn't work:
His CELG triggered long (with market support) and worked enough for a partial:
GILD triggered long (with market support) and worked:
Rich's GDOT triggered short (with market support) and worked:
EBAY triggered short (with market support) and worked enough for a partial:
Mark's CERN triggered long (with market support) and worked enough for a partial:
Rich's FAS triggered long (ETF, so no market support needed) and worked:
In total, that's 9 trades triggering with market support, 8 of them worked, 1 did not. There wasn't a lot of follow through.
Futures Calls Recap for 10/16/13
The markets gapped up, headed higher early, and flatlined for the rest of the day on 1.6 billion NASDAQ shares. Mark had a winner in the ES, see that section below.
Net ticks: +2.5 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 long at 1714.00 at A, hit first target for 6 ticks, stopped second half under the entry:
Forex Calls Recap for 10/16/13
A winner on the EURUSD again. Note that the other trade stopped right at the trigger. See that section below, and also note the GBPUSD low was the Comber buy signal.
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, stopped second half under the entry at C. The short entry was under the LBreak, which was the exact low at D and never triggered. The Breaks are the most powerful levels on the charts for institutional traders. Also note the 13 sell signal at the high:
GBPUSD:
Note the 13 buy signal at the low:
