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, CERN triggered short (without market support due to opening 5 minutes) and worked great:
CREE, COLM, and TASR gapped under, no plays.
From the Messenger/Tradesight_st Twitter Feed, Rich’s TQQQ triggered long (without market support due to opening 5 minutes) and didn’t work:
Mark’s ILMN triggered long (without market support) and worked:
Rich’s WYNN triggered short (with market support) and didn’t work:
His APC triggered long (without market support) and worked great:
His PRGO triggered long (without market support) and worked enough for a partial:
His FB triggered short (with market support) and worked:
His MNK triggered short (with market support) and didn’t work:
In total, that’s only 3 trades triggering with market support, 1 of them worked, 2 did not. First day under 50% in a long time, but there wasn’t much to it.