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.
Lots of stuff worked great without market support on a flat day.
In the report, PCYC gapped over the trigger, no play.
In the Messenger, Rich’s RIMM triggered long (without market support due to opening five minutes) and worked:
His NFLX triggered short (without market support) and worked:
AAPL triggered short (without market support) and worked:
GOOG triggered long (with market support) and worked for over a point:
Rich’s LNKD triggered short (without market support) and didn’t work:
Rich’s RHT triggered long (with market support) and didn’t work:
COST triggered long (with market support) and worked:
AMZN triggered short (without market support) and worked:
GOOG triggered short (without market support) and didn’t work:
HANS triggered short (without market support) and didn’t work:
In total, that’s 3 trades triggering with market support, 2 of them worked, 1 did not.