Stock Picks Recap for 3/30/20
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 calls.
From the Messenger/Tradesight_st Twitter Feed, Rich's BIIB triggered long (with market support) and worked:
His TSLA triggered short (with market support) and worked enough for a quick partial:
NVDA triggered long (with market support) and worked a little:
In total, that's 3 trades triggering with market support, all of them worked.
Futures Calls Recap for 3/30/20
The markets gapped up a little, pulled back briefly, and then just drifted higher until lunch and that was about it for the day on 3.8 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 were too wide to trade again:
NQ Opening Range Play were too wide to trade again:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 3/30/20
A small winner for the session to start the week. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, hit first target at B, stopped second half over the entry:
Stock Picks Recap for 3/27/20
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 calls.
From the Messenger/Tradesight_st Twitter Feed, WYNN triggered short (with market support) and didn't work:
BABA triggered long (with market support) and didn't work:
Rich's VLO triggered long (with market support) and didn't work but he cut it even when futures reversed:
In total, that's 3 trades triggering with market support, none of them worked. First day in a while, but not really a surprise.
Futures Calls Recap for 3/27/20
The markets gapped down and spent most of the day just trying to drift higher, then got a 13 sell signal (ES) late in the day and sold off from there on 3.9 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 too wide to take again:
NQ Opening Range Play too wide to take again:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Big winner on the Comber 13 sell signal at the top late in the day:
Forex Calls Recap for 3/27/20
A small winner for the session. See GBPUSD 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.
GBPUSD:
Triggered long at A, hit first target at B, second half stopped. Could have taken it again if you wanted with the same result:
Stock Picks Recap for 3/26/20
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 calls.
From the Messenger/Tradesight_st Twitter Feed, Rich's WYNN triggered long (with market support) and didn't work, worked later:
INTU triggered long (with market support) and worked:
DBX triggered long (with market support) and worked enough for a partial:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 3/26/20
Probably the flattest session since all of this started, the markets gapped up a little, pushed higher for almost an hour, and then stayed at the same point for 5 hours before popping up once with ten minutes left on 4 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:
NQ Opening Range Play:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 3/26/20
No calls for the session, and that was fine because the move didn't come until late anyway.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Stock Picks Recap for 3/25/20
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 calls.
From the Messenger/Tradesight_st Twitter Feed, Rich's AVGO triggered long (with market support) and didn't work, worked huge later:
His ROKU triggered short (with market support) and worked:
In total, that's 2 trades triggering with market support, 1 of them worked, 1 did not.