Stock Picks Recap for 11/9/12
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, SCSS triggered short (without market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, AMZN triggered long (with market support) and worked:
COST triggered long (with market support) and worked:
Mark's ORCL triggered short (with market support) and didn't work:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 11/9/12
A little disappointing considering the volume was up at 1.7 billion NASDAQ shares. We won 1 and lost 3. See ES, NQ, and ER below.
Net ticks: -15 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 call triggered long at A at 1375.25 and stopped immediately on news, then triggered again shortly after, hit first target for six ticks, and finally stopped the second half in the money by 8 ticks. Mark's separate ES long entry into the Value Area triggered at B at 1377.75 and stopped for 7 ticks. Re-entry would have worked:
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.
NQ short under the LBreak never triggered (hit it exactly):
ER:
Triggered long at A at 795.50 and stopped for 8 ticks (we use more on the ER because it is wild):
Futures Calls Recap for 11/9/12
A little disappointing considering the volume was up at 1.7 billion NASDAQ shares. We won 1 and lost 3. See ES, NQ, and ER below.
Net ticks: -15 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 call triggered long at A at 1375.25 and stopped immediately on news, then triggered again shortly after, hit first target for six ticks, and finally stopped the second half in the money by 8 ticks. Mark's separate ES long entry into the Value Area triggered at B at 1377.75 and stopped for 7 ticks. Re-entry would have worked:
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.
NQ short under the LBreak never triggered (hit it exactly):
ER:
Triggered long at A at 795.50 and stopped for 8 ticks (we use more on the ER because it is wild):
Forex Calls Recap for 11/9/12
A stop out and a flat trade (see EURUSD), but at least for the second time this week, we saw signs of life with volume, and that is important. Hopefully it bodes well for the coming week.
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (not much to see, but look at EURJPY), and then glance at the US Dollar Index (nothing to see there).
Here's a look at the US Dollar Index intraday with our market directional lines:
New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
riggered long at A and stopped. Triggered short at B, didn't quite make it to the first target, and stopped over the entry at C:
Forex Calls Recap for 11/9/12
A stop out and a flat trade (see EURUSD), but at least for the second time this week, we saw signs of life with volume, and that is important. Hopefully it bodes well for the coming week.
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (not much to see, but look at EURJPY), and then glance at the US Dollar Index (nothing to see there).
Here's a look at the US Dollar Index intraday with our market directional lines:
New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
riggered long at A and stopped. Triggered short at B, didn't quite make it to the first target, and stopped over the entry at C:
Stock Picks Recap for 11/8/12
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, TIBX triggered short (without market support) and worked:
RVBD triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, NFLX triggered long (with market support) and worked enough for a partial:
NTAP triggered long (without market support) and didn't work:
Mark's ESRX triggered long (without market support) and didn't work:
SINA triggered short (with market support) and didn't work:
Mark's CRUS triggered short (with market support) and worked enough for a partial:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.
Stock Picks Recap for 11/8/12
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, TIBX triggered short (without market support) and worked:
RVBD triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, NFLX triggered long (with market support) and worked enough for a partial:
NTAP triggered long (without market support) and didn't work:
Mark's ESRX triggered long (without market support) and didn't work:
SINA triggered short (with market support) and didn't work:
Mark's CRUS triggered short (with market support) and worked enough for a partial:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.
Futures Calls Recap for 11/8/12
Two attempts to break the early lows swept and stopped and that was enough, although the third attempt would have worked. See ES 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 short at A at 1387.25 and stopped for 7 ticks. Retriggered shortly after at the same price and stopped again:
Futures Calls Recap for 11/8/12
Two attempts to break the early lows swept and stopped and that was enough, although the third attempt would have worked. See ES 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 short at A at 1387.25 and stopped for 7 ticks. Retriggered shortly after at the same price and stopped again:
Forex Calls Recap for 11/8/12
From a night with big range immediately back to a night of no range. In fact, it was so bad that nothing triggered.
Here's a look at the US Dollar Index intraday with our market directional lines:
New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
