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, SINA triggered short (with market support) and worked great:
From the Messenger/Tradesight_st Twitter Feed, Rich’s LVS triggered short (without market support) and didn’t work:
His GPS triggered short (without market support) and worked great:
COST triggered short (with market support) and didn’t work:
TLT triggered short (ETF, so no market support needed) and didn’t work:
Rich’s AAPL triggered short (without market support) and didn’t work, worked later:
His CAKE triggered short (with market support) and worked:
His ARUN triggered long (without market support) and didn’t work enough either way to count:
BIIB triggered long (without market support) and didn’t work enough either way to count:
In total, that’s 4 trades triggering with market support, 2 of them worked, 2 did not, but strangely despite those raw numbers, it was a big day.