Stock Picks Recap for 6/26/13
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, ILMN gapped over the trigger, so technically no play, but worked if you grabbed some (you could have gotten the trigger price):
CVBF gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's GOOG triggered long (without market support) and worked for a couple of points:
COST triggered short (with market support) and worked:
Rich's SLB triggered short (with market support) and worked:
His CELG triggered long (with market support) and worked enough for a partial:
GILD triggered long (with market support) and I posted to close it even as it just didn't move:
In total, that's 4 trades triggering with market support, all 4 worked.
Stock Picks Recap for 6/26/13
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, ILMN gapped over the trigger, so technically no play, but worked if you grabbed some (you could have gotten the trigger price):
CVBF gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's GOOG triggered long (without market support) and worked for a couple of points:
COST triggered short (with market support) and worked:
Rich's SLB triggered short (with market support) and worked:
His CELG triggered long (with market support) and worked enough for a partial:
GILD triggered long (with market support) and I posted to close it even as it just didn't move:
In total, that's 4 trades triggering with market support, all 4 worked.
Futures Calls Recap for 6/26/13
Another light volume day as we wind down the second quarter. The market drifted most of the session. Mark's call swept once and then worked a little the second time. See ES below. NASDAQ volume was 1.5 billion shares.
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:
ES:
Mark's short triggered at 1594.00 at A and stopped, then again for the retrigger at B, hit first target for 6 ticks, and stopped second half over entry:
Forex Calls Recap for 6/26/13
One trigger on the EURUSD on the short side that worked and still going. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A, hit first target at B, still holding second half with a stop over LPT at C:
Forex Calls Recap for 6/26/13
One trigger on the EURUSD on the short side that worked and still going. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A, hit first target at B, still holding second half with a stop over LPT at C:
Stock Picks Recap for 6/25/13
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, MDXG triggered long (without market support due to opening 5 minutes) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich's VXX triggered short (ETF, so no market support needed) and didn't work:
NFLX triggered short (with market support) and didn't work:
A second call in NFLX triggered short (with market support) and worked:
Rich's GS triggered long (with market support) and didn't work, worked better later in the day:
His BTU triggered long (with market support) and worked great:
In total, that's 5 trades triggering with market support, 2 of them worked, 3 did not.
Futures Calls Recap for 6/25/13
A few winners and a loser on the ES and NQ. Volume dropped back off sharply to only 1.4 billion shares after the nice start Monday. See those sections below for the recaps.
Net ticks: +3.5 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:
My short idea triggered at 1575.00 at A, hit first target for 6 ticks, closed second half at entry. Mark's long idea, which he reduced to partial size as it approached over lunch, triggered long at B at 1582.50 and stopped, then triggered again at C, hit first target for 6 ticks, and stopped second half under the entry:
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 triggered at A at 2561.50, hit first target for 6 ticks, and stopped final piece 5 ticks in the money:
Forex Calls Recap for 6/25/13
Not a very exciting session again. There was a nice Value Area move on the EURUSD, and we finally got a trigger on the GBPUSD.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Finally triggered short at A and stopped:
Stock Picks Recap for 6/24/13
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, CELG triggered short (with market support) and worked enough for a partial:
AIG gapped under the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's VXX triggered short (ETF, so no market support needed) and didn't work:
His TLT triggered long (ETF, so no market support needed) and worked:
His LULU triggered long (without market support) and worked:
His GOOG triggered short (with market support) and didn't work:
EBAY triggered short (with market support) and didn't work:
NFLX triggered long (without market support) and worked:
AMZN triggered long (without market support) and didn't work, triggered later with market support and worked:
Rich's BIIB triggered long (with market support) and didn't work:
His ISIS triggered long (with market support) and didn't work over lunch (swept the trigger by two cents) and then triggered again later and worked:
COST triggered long (with market support) and worked:
GS triggered long (with market support) and worked enough for a partial:
In total, that's 9 trades triggering with market support, 4 of them worked, 5 did not.
Futures Calls Recap for 6/24/13
Two calls on the ES that both worked great as the week started out with a bang on almost 2 billion NASDAQ shares after a gap down. See that section below.
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 1565.75, hit first target for 6 ticks, and stopped second half 4 ticks in the money. My long triggered at B at 1573.00, hit first target for 6 ticks, and stopped the second half just under the entry:
