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, MANH triggered long (without market support due to opening 5 minutes) and didn’t work:
From the Messenger/Tradesight_st Twitter Feed, Rich’s TRIP triggered long (without market support due to opening 5 minutes) and didn’t work:
Mark’s SNDK triggered long (with market support) and worked:
EBAY triggered short (without market support) and didn’t do much either way all day:
Rich’s AMGN triggered long (with market support) and worked:
GOOG 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.