Stock Picks Recap for 4/22/13
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, IPXL triggered long (with market support) and worked:
AMGN triggered long (without market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's BIIB triggered long (without market support due to opening 5 minutes) and worked:
TEVA triggered short (with market support) and worked enough for a partial:
Rich's CAT triggered short (with market support) and worked enough for a partial:
His AAPL triggered long (without market support) and worked:
My AAPL triggered long in the afternoon (with market support) and worked:
His X triggered short (with market support) and worked just enough for a partial:
COST triggered long (without market support) and worked:
In total, that's 5 trades triggering with market support, all 5 of them worked, as did a few without market support.
Futures Calls Recap for 4/22/13
Another awkward session for futures. Our ES call worked, although just enough to hit the first target initially. Then a similar setup on the NQ swept twice before working. See both sections below for a deeper recap.
Net ticks: -9 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 1550.25 at A and hit first target for 6 ticks. It then stopped the second half over the entry before proceeding to fill the gap and cross the Value Area:
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 A at 2778.00 and stopped initially. Triggered again 5 minutes later and stopped again. Triggered again and hit first target for 6 ticks, then stopped the second half over the entry:
Futures Calls Recap for 4/22/13
Another awkward session for futures. Our ES call worked, although just enough to hit the first target initially. Then a similar setup on the NQ swept twice before working. See both sections below for a deeper recap.
Net ticks: -9 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 1550.25 at A and hit first target for 6 ticks. It then stopped the second half over the entry before proceeding to fill the gap and cross the Value Area:
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 A at 2778.00 and stopped initially. Triggered again 5 minutes later and stopped again. Triggered again and hit first target for 6 ticks, then stopped the second half over the entry:
Forex Calls Recap for 4/22/13
A disappointingly narrow 50 pips of range on the GBPUSD for the main session led to not much for us to start the week. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A and stopped. 50 pip range for the session:
Forex Calls Recap for 4/22/13
A disappointingly narrow 50 pips of range on the GBPUSD for the main session led to not much for us to start the week. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A and stopped. 50 pip range for the session:
Stock Picks Recap for 4/19/13
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, ISIS triggered long (without market support due to opening 5 minutes) and worked:
NKTR triggered long (without market support) and didn't work:
NTAP triggered short (without market support due to opening 5 minutes) and didn't work:
ATVI triggered short (without market support due to opening 5 minutes) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's VMW triggered short (without market support due to opening 5 minutes) and worked:
His AAPL triggered long (without market support) and worked:
So despite several triggers, including a top pick that worked and two nice calls from Rich, nothing triggered with market support. That's a first, but probably not surprising that it happened on options expiration Friday.
Stock Picks Recap for 4/19/13
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, ISIS triggered long (without market support due to opening 5 minutes) and worked:
NKTR triggered long (without market support) and didn't work:
NTAP triggered short (without market support due to opening 5 minutes) and didn't work:
ATVI triggered short (without market support due to opening 5 minutes) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's VMW triggered short (without market support due to opening 5 minutes) and worked:
His AAPL triggered long (without market support) and worked:
So despite several triggers, including a top pick that worked and two nice calls from Rich, nothing triggered with market support. That's a first, but probably not surprising that it happened on options expiration Friday.
Futures Calls Recap for 4/19/13
A winner to start and then a double stop out on the ER (which worked after that). See both sections below.
Net ticks: -13.5 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:
Triggered short at A at 1538.00, hit first target for six ticks, but couldn't even reach down to fill the gap and stopped second half over the entry:
ER:
Triggered long at A at 903.30 and stopped for 8 ticks. Put it back in and it triggered ten minutes later again and stopped. Worked after that:
Futures Calls Recap for 4/19/13
A winner to start and then a double stop out on the ER (which worked after that). See both sections below.
Net ticks: -13.5 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:
Triggered short at A at 1538.00, hit first target for six ticks, but couldn't even reach down to fill the gap and stopped second half over the entry:
ER:
Triggered long at A at 903.30 and stopped for 8 ticks. Put it back in and it triggered ten minutes later again and stopped. Worked after that:
Forex Calls Recap for 4/19/13
A small winner to close out the week in the EURUSD. See that section below.
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. There really isn't much to see there.
EURUSD:
Triggered long at A, just missed stopping out, hit first target at B, and closed final piece under the entry at C:
