Stock Picks Recap for 5/12/20
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.
From the Messenger/Tradesight_st Twitter Feed, Rich's SHOP triggered short (with market support) and worked:
GS triggered short (with market support) and worked:
PYPL triggered short (with market support) and worked:
In total, that's 3 trades triggering with market support, and all of them worked.
Futures Calls Recap for 5/12/20
The markets gapped up, sold off to fill the gaps early, flattened out for hours including lunch, and then sold off late in the day on 4.3 billion NASDAQ shares.
Net ticks: +0 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 just too far out of range otherwise it would have been a huge trigger:
NQ Opening Range Play triggered just too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 5/12/20
Pretty boring again. One 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 long at A and stopped:
Stock Picks Recap for 5/11/20
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, CODX gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's TWLO triggered long (without market support due to opening 5 minutes):
BYND triggered long (with market support) and worked:
Rich's NFLX triggered long (with market support) and worked enough for a partial:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 5/11/20
The markets gapped down and headed up, with the S&P closing even and the NASDAQ positive on 3.9 billion NASDAQ shares.
Net ticks: +12.5 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 just a little too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 5/11/20
A loser and a bigger winner for the session. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
The long triggered early at A and stopped. The short triggered at B, hit first target at C, and we stopped out the second half at D:
Stock Picks Recap for 5/8/20
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.
From the Messenger/Tradesight_st Twitter Feed, Rich's AMGN triggered short (without market support) and didn't work:
NVDA triggered long (with market support) and worked:
In total, that's 1 trades triggering with market support, and it worked.
Futures Calls Recap for 5/8/20
The markets gapped up and didn't do much most of the session. We were still sitting at the opening level coming out of lunch and then rallied a bit in the last 45 minutes on 3.7 billion NASDAQ shares.
Net ticks: +0 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 Ranges:
ES Opening Range Play triggered short at A but too far out of range to take:
NQ Opening Range Play triggered short 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 5/8/20
Amazingly, no triggers for the session (until too late for the long), which wraps up one of the most boring weeks of Forex in a while.
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 5/7/20
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, AAWW gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, AVGO triggered short (with market support) and didn't work:
GOOGL triggered short (with market support) and worked enough for a partial:
Rich's ROKU triggered long (with market support) and worked:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.