Stock Picks Recap for 6/5/13
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, YNDX triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered long (with market support) and worked:
Rich's FAS triggered short (ETF, so no market support needed) and didn't work at first, worked on a retrigger (we only count the first unless we report to the Messenger):
TLT triggered long (ETF, so no market support needed) and worked:
GOOG triggered short (with market support) and worked:
GS triggered short (with market support) and worked:
COST triggered short (with market support) and didn't work:
In total, that's 7 trades triggering with market support, 5 of them worked, 2 did not.
Futures Calls Recap for 6/5/13
A winner in the NQ on the long side, which is interesting as we rolled to the downside after that. Volume was 1.6 billion NASDAQ shares.
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:
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 2969.50 at A, hit first target for 6 ticks, and stopped the second half under the entry without filling the gap:
Futures Calls Recap for 6/5/13
A winner in the NQ on the long side, which is interesting as we rolled to the downside after that. Volume was 1.6 billion NASDAQ shares.
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:
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 2969.50 at A, hit first target for 6 ticks, and stopped the second half under the entry without filling the gap:
Forex Calls Recap for 6/5/13
Two nights in a row of really dull action in Forex. One side of our EURUSD triggered just barely and stopped. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A and stopped:
Forex Calls Recap for 6/5/13
Two nights in a row of really dull action in Forex. One side of our EURUSD triggered just barely and stopped. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A and stopped:
Stock Picks Recap for 6/4/13
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, ONNN triggered long (without market support due to opening 5 minutes) and didn't work, eventually filled the gap, then came back up and stalled again:
WBMD gapped over, no play.
LAMR triggered short (without market support due to opening 5 minutes) and didn't work, triggered later and worked great:
From the Messenger/Tradesight_st Twitter Feed, Rich's CLF triggered long (with market support) and worked:
His BIIB triggered short (with market support) and didn't work:
COST triggered long (with market support) and didn't work, but was in the money a long time and gave you a chance to exit when market direction rolled to red:
Rich's XONE triggered short (with market support) and didn't work:
SINA triggered short (with market support) and worked:
AAPL triggered short (with market support) and worked great:
Rich's ALXN triggered short (with market support) and worked:
His JAZZ triggered short (with market support) and worked:
In total, that's 8 trades triggering with market support, 5 of them worked, 3 did not.
Stock Picks Recap for 6/4/13
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, ONNN triggered long (without market support due to opening 5 minutes) and didn't work, eventually filled the gap, then came back up and stalled again:
WBMD gapped over, no play.
LAMR triggered short (without market support due to opening 5 minutes) and didn't work, triggered later and worked great:
From the Messenger/Tradesight_st Twitter Feed, Rich's CLF triggered long (with market support) and worked:
His BIIB triggered short (with market support) and didn't work:
COST triggered long (with market support) and didn't work, but was in the money a long time and gave you a chance to exit when market direction rolled to red:
Rich's XONE triggered short (with market support) and didn't work:
SINA triggered short (with market support) and worked:
AAPL triggered short (with market support) and worked great:
Rich's ALXN triggered short (with market support) and worked:
His JAZZ triggered short (with market support) and worked:
In total, that's 8 trades triggering with market support, 5 of them worked, 3 did not.
Futures Calls Recap for 6/4/13
Same issue as the prior session, although Tuesday saw less volume in the markets (1.7 billion NASDAQ shares). We had a nice setup that swept once and stopped, then worked a little the second time. See ES below.
Net ticks: -1 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 short at 1640.50 at A and stopped for 7 ticks, then triggered again at B, hit first target for 6 ticks and stopped at the same levels after we lowered the stop twice:
Forex Calls Recap for 6/4/13
An unusual night in that I couldn't really find a play for weakness in the US Dollar that I liked. I had a couple of thoughts, but neither really struck me enough to post in the end. And, in the end, it didn't matter because not only was there no movement in that direction, but the pairs traded their smallest range in a while, with the EURUSD at 60 pips total. So, we move on. All of the charts are below, and we did stop out of the second half of the GBPUSD long from the prior session in the money.
Here's a look at the US Dollar Index intraday with our market directional lines:
Stock Picks Recap for 6/3/13
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, strangely.
From the Messenger/Tradesight_st Twitter Feed, Rich's DIS triggered short (with market support) and worked enough for a partial:
NFLX triggered short (with market support) and didn't work, worked later:
Rich's LNKD triggered short (with market support) and worked:
His BIIB triggered short (with market support) and worked:
FB triggered short (with market support) and worked enough for a partial:
In total, that's 5 trades triggering with market support, 4 of them worked, 1 did not.