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, GRPN finally (after watching it for almost two weeks) triggered long (with market support) but then the market rolled sharply and it didn’t work:
SNDK triggered long (with market support) and didn’t work:
DNDN gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich’s AAPL triggered short (without market support due to opening 5 minutes) and didn’t work:
His DTV triggered long (with market support) and worked:
His BBY triggered long (with market support) and worked enough for a partial to the gap fill:
His FIRE triggered short (with market support) and worked:
His FAS triggered short (ETF, so no market support needed) and didn’t work:
COST triggered short (with market support) and worked:
Rich’s GOOG triggered short (with market support) and worked:
In total, that’s 8 trades triggering with market support, 5 of them worked, 3 did not.
