Futures Calls Recap for 5/21/20
The markets opened flat and were painful for the first hour, then finally slipped and gave us a move before lunch, but that was it for the day on 3.6 billion NASDAQ shares.
Net ticks: +21.5 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 and worked, triggered short 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 5/21/20
A loser 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:
Stock Picks Recap for 5/20/20
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, nothing triggered. ENTG gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's MRNA triggered long (with market support) and worked enough for a partial:
Rich's SHOP triggered long but too late to take.
His BIIB triggered short (without market support) and didn't work:
In total, that's 1 trade triggering with market support, and it worked.
Futures Calls Recap for 5/20/20
The markets gapped up and went higher, then topped out ahead of lunch and the rest of the session was a dead waste of time. NASDAQ volume was 4.3 billion shares.
Net ticks: +4 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 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 5/20/20
We stopped out of the prior two day's trades in the money nicely, and then stopped out of the two new ones. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A and stopped, triggered short at B and stopped:
Stock Picks Recap for 5/19/20
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, SPWH triggered long (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, NTAP triggered long (with market support) and worked:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 5/19/20
The markets opened fairly flat and didn't do much all day until a very late sell-off. NASDAQ volume was 4.1 billion shares.
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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and stopped, triggered short at B and worked:
NQ Opening Range Play triggered long at A but too far over the range to take under the rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 5/19/20
We came into the session long the second half of the GBPUSD trade from the prior session, and that continues. A new long in the GBPUSD also worked, so we have both. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A, hit first target at B, still holding second half of this trade, plus second half of the prior day's trade, with a stop under 1.2260 at C:
Stock Picks Recap for 5/18/20
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 didn't work:
From the Messenger/Tradesight_st Twitter Feed, AAPL triggered long (with market support) and worked:
Rich's PXD triggered long (with market support) and worked:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 5/18/20
The markets gapped up and went higher in a drift mode on 4.3 billion NASDAQ shares.
Net ticks: +11.5 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:
