Stock Picks Recap for 12/5/19
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, NFLX triggered short (with market support) and worked:
COST triggered short (with market support) and didn't work:
In total, that's 2 trades triggering with market support, 1 of them worked, 1 did not.
Futures Calls Recap for 12/5/19
The markets gapped up, filled, and went flat. The interesting part is that the day was basically inside of the prior day's range. NASDAQ volume was 2.1 billion shares.
Net ticks: +8 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:
NQ Opening Range Play triggered short at A and worked but might have been too far out of range to take under the rules so we won't count it:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 12/5/19
A winner from the prior session continues to work, and a new trade triggered and is working. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
We came into the session long the second half of the prior day's trade. Our new long call triggered at A, still hadn't hit first target, and we moved the stop on all piece under R1 at B and held:
Stock Picks Recap for 12/4/19
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, JNCE triggered long (without market support due to opening 5 minutes) and worked huge:
From the Messenger/Tradesight_st Twitter Feed, Rich's PANW triggered long (with market support) and worked:
COST triggered long (with market support) and didn't go enough in either direction to count, closed near the trigger:
Rich's SPY triggered long (ETF, so no market support needed) and didn't work:
In total, that's 3 trades triggering with market support, 1 of them worked, 2 did not.
Futures Calls Recap for 12/4/19
The markets gapped up and gave us a day where the NQs NEVER LEFT THE Institutional Range. Don't know the last time I saw that. NASDAQ volume was 2.1 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:
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 12/4/19
A nice winner (still going) on the GBPUSD. 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 with a stop under R4 at C:
Stock Picks Recap for 12/3/19
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, PETS triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, BMRN triggered short (with market support) and didn't work:
LULU triggered short (with market support) and didn't work:
Rich's AAPL triggered long (with market support) and worked:
In total, that's 4 trades triggering with market support, 2 of them worked, 2 did not.
Futures Calls Recap for 12/3/19
The markets gapped down and that was about it, we recovered a bit late in the day on 2.3 billion NASDAQ shares.
Net ticks: +15 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:
NQ Opening Range Play triggered short at A and would have worked, but too much risk to take under our rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 12/3/19
No triggers because the EURUSD stuck in a 50 pip range. Zzzzzzz.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Stock Picks Recap for 12/2/19
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, DLTR triggered short (with market support) and didn't go enough either way to count:
From the Messenger/Tradesight_st Twitter Feed, BMRN triggered short (with market support) and worked:
In total, that's 1 trade triggering with market support, and it worked.