Stock Picks Recap for 6/5/20
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, APPS triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's EBAY triggered short (without market support) and worked:
GS triggered short (without market support) and didn't have much time, closed slightly in the money:
In total, that's 1 trade triggering with market support, and it worked.
Futures Calls Recap for 6/5/20
The markets gapped up on the Unemployment data and went a little higher, then went flat for 5 hours on 6.6 billion NASDAQ shares.
Net ticks: -16 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and worked enough for a partial:
NQ Opening Range Play triggered short at A and stopped over the midpoint, triggered long at B but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 6/5/20
No calls for the session ahead of the NFP data, which was fine.
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.
GBPUSD:
Stock Picks Recap for 6/4/20
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, no triggers.
From the Messenger/Tradesight_st Twitter Feed, Rich's FDX triggered short (without market support) and worked enough for a partial:
YELP triggered short (without market support) and worked enough for a partial:
In total, that's 0 trades triggering with market support.
Futures Calls Recap for 6/4/20
The markets gapped down, filled, never broke the high of the prior session, and then headed lower until a very late rebound on 6 billion NASDAQ shares.
Net ticks: +15.5 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and worked:
NQ Opening Range Play triggered long at A but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 6/4/20
A loser and a winner (still going) for the session. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A and stopped. Triggered long at B, hit first target at C, still holding second half with a stop under VAH:
Stock Picks Recap for 6/3/20
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, NTLA triggered long (with market support) and worked great:
From the Messenger/Tradesight_st Twitter Feed, LYFT triggered long (with market support) and worked enough for a partial:
Rich's SWKS triggered long (with market support) and didn't work:
In total, that's x trades triggering with market support, y of them worked, z did not.
Futures Calls Recap for 6/3/20
The markets gapped up and just drifted higher with no real excitement or action on 4.6 billion NASDAQ shares.
Net ticks: -27 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and stopped, triggered short at B and stopped:
NQ Opening Range Play:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 6/3/20
We came into the session long the second half of the GBPUSD trade from the prior session, and that stopped in the money. We also had a new winner (still going) in the EURUSD. See that section below.
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, still holding second half with a stop at C:
Stock Picks Recap for 6/2/20
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, TRIL gapped over, no play.
XLNX triggered long (with market support) and worked:
MOMO triggered short (without market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, AMGN triggered short (with market support) and we will say it didn't work:
QCOM triggered long (with market support) and worked:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.