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, LINTA triggered long (without market support) and worked a little before the day ended:
TRMB triggered short (with market support) and didn’t work:
PAYX triggered short (with market support) and didn’t go a dime in either direction, so we don’t count it either way:
NXPI triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich’s FAS triggered short (ETF, so no market support needed) and didn’t work (although it worked later):
His VXX triggered long (ETF, so no market support needed) and didn’t work (although it worked later):
His BTU triggered long (with market support) and didn’t work:
GOOG triggered short (with market support) and worked enough for a partial:
AMZN triggered long (with market support) and didn’t work:
Mark’s EBAY triggered long (without market support) and didn’t work:
Rich’s NFLX triggered short (with market support) and didn’t work:
His VRTX triggered short (with market support) and worked enough for a partial:
In total, that’s 10 trades triggering with market support, 7 of them worked, 3 did not. One of our worst win ratios in a long time.