Stock Picks Recap for 10/6/20
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 CRM triggered long (with market support) and worked enough for a partial:
In total, that's 1 trade triggering with market support, and it worked.
Futures Calls Recap for 10/6/20
The markets opened fairly flat and played higher and lower early. They were just heading out to highs after lunch when Trump came out and said that he didn't want to see another stimulus. The markets tanked hard and closed at lows on 4.3 billion NASDAQ shares.
Net ticks: +16.5 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 short at A and worked, triggered long at B and worked:
NQ Opening Range Play triggered short at A and long at B but both were too far out of range to take under the risk rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 10/6/20
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:
GBPUSD:
Triggered short at A, hit first target at B, second half stopped over the Pivot:
Stock Picks Recap for 10/5/20
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, NMIH triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's ETSY triggered long (with market support) and worked:
His FDX triggered long (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 10/5/20
The markets gapped up, went higher, went flat for hours, then gave a little pullback coming out of lunch and then climbed a bit more in the afternoon on 3.6 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 long at A, but too far out of range to take under the risk rules:
NQ Opening Range Play triggered long at A, but too far out of range to take under the risk rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 10/5/20
Pretty much a waste of a session as nothing went anywhere. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
Stock Picks Recap for 10/2/20
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, no calls.
From the Messenger/Tradesight_st Twitter Feed, Rich's WDAY triggered long (with market support) and worked:
His ZM triggered long (with market support) and worked:
His NKLA triggered long (with market support) and worked enough for a partial:
In total, that's 3 trades triggering with market support, all of them worked.
Futures Calls Recap for 10/2/20
The markets gapped down, tried to rally, and then split with the NASDAQ way more negative 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 Range Plays:
ES Opening Range Play triggered long at A but too far out of range to take:
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 10/2/20
Not much of a session to close out the week. 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 short at A and stopped. Triggered long at B, hit first target at C, closed second half at D for end of week:
Stock Picks Recap for 10/1/20
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 long (without market support due to opening 5 minutes) and worked:
His PTON triggered long (with market support) and worked:
GS triggered short (with market support) and worked:
In total, that's 2 trades triggering with market support, both of them worked.