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, ESPR triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich’s LULU triggered long (without market support due to opening 5 minutes) and didn’t work:
EBAY triggered long (with market support) and worked enough for a partial:
GILD triggered short (without market support) and worked great:
Rich’s TWTR triggered short (without market support) and worked great:
Mark’s AMZN triggered long (with market support) and worked enough for a partial:
Rich’s BABA triggered long (with market support) and worked enough for a partial:
His VRTX triggered short (with market support) and worked:
In total, that’s 5 trades triggering with market support, all 5 of them worked. The other shorts that triggered without market support also worked, and worked well, which is a reflection of the market internals being weak early.